Crypto Funding Fee Calculator

Enter position size, funding rate and hours held to see total funding paid or received.

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Calculator Inputs

Configure notional exposure and funding cadence

Total Notional
$
USDT
Per Interval
%
3 settlements / 24h
168 Hours
Days
Positive rate: Longs pay Shorts.
info

Funding rates align perpetual swaps with spot index pricing. Payments settle peer-to-peer with zero platform retention.

analytics

Execution & Cashflow Diagnostics

Real-time simulation of cash drag and collateral erosion

YOU WILL PAY Settlement Drag
-$21.00 USDT across 21 settled epochs

Margin balance will be systematically debited at each scheduled funding epoch directly from your available collateral.

Effective Drift -0.210% of notional capital
Interval Cost
$1.0000
0.0100% per 8h
Daily Cash Drag
$3.0000
3 epochs / 24h
Effective APR
10.95%
11.57% APY comp.
10x Margin Drag
2.10%
On $1,000 init. base
Collateral & Drag Relationship (10x Leverage Simulation) 2.10% of Margin Consumed
Remaining Margin: $979.00 Cumulative Funding: -$21.00
Temporal Milestones Projected cumulative erosion
24 Hours (Day 1) -$3.00 USDT 3 settlements
72 Hours (Day 3) -$9.00 USDT 9 settlements
168 Hours (Day 7) -$21.00 USDT 21 settlements
dataset

Primary Results

PERPETUAL FUTURES MATRIX
You Will swap_vert
PAY (Loss)

Continuous debit to collateral

Cost per 8h Interval schedule
$1.0000

Settles every 8h UTC

Total Funding Flow account_balance_wallet
-$21.00

Over 7 full days (21 epochs)

Net Effective APR percent
10.95%

Annualized holding cost / drift

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Funding Sensitivity & Scenario Stress Matrix

Projection of cumulative funding friction across extended holding horizons with current rate assumptions.

Horizon Settlements Total Flow (USDT) % of Notional 10x Margin Drag Direction
token

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What is a Funding Fee?

Because Perpetual Futures contracts never expire, exchanges use a continuous Funding Rate to tether the futures price to the underlying spot price. This fee is exchanged directly between Longs and Shorts every 8 hours.

How Settlement Polarity Operates

  • check_circle Positive Rate (> 0): The futures price trades at a premium over spot. Longs pay Shorts to hold bullish exposure.
  • remove_circle Negative Rate (< 0): The futures price trades at a discount to spot. Shorts pay Longs to keep bearish positions open.

Mathematical Formulation

Funding Fee = Position Notional × Funding Rate
Total Cumulative Fee = Funding Fee × (Holding Hours ÷ Cadence Hours)
Annualized APR = Funding Rate × (24 ÷ Cadence) × 365
Compounded APY = (1 + Funding Rate)(Settlements Per Year) − 1

warning Warning for Swing Traders & High Leverage

High leverage combined with persistent directional funding drains collateral rapidly. Funding is computed on your Total Notional Exposure, not your isolated margin. Holding a $100,000 notional position on 100x leverage ($1,000 initial equity) at 0.05% funding costs $150 daily in drag, causing bankruptcy within days regardless of price direction.

Frequently Asked Questions

lightbulb Trading Alpha Tip

Monitor annualized funding rates across multiple venues. High divergence between exchanges often creates risk-free basis arbitrage opportunities before rate parity converges.

Companion Calculators & Workflow Tools

Traders executing with the Crypto Perpetual Funding Fee Calculator routinely pair these verified calculation engines to audit risk, transaction friction, and position expectancy.

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