The Funding Rates table is the raw data view: a matrix of every coin against every exchange, showing the current funding rate on each. It is sorted by the largest funding spread across exchanges โ where the same coin has very different funding from one venue to another.
This is the source data behind Funding Radar. Use this table to compare venues; use Funding Radar for the ready delta-neutral action.
A perpetual future has no expiry, so exchanges use a funding rate to keep it pinned to spot. Every period (usually 8h) one side pays the other:
Extreme funding also signals crowd positioning โ very high positive funding near a top means longs are overheated.