Quantority
GWEIperpetual futures
Funding is the periodic payment exchanged between long and short perpetual positions. A high 90-day percentile means funding for GWEI is elevated versus its own recent norm — often a sign of crowded longs and a higher chance of a long squeeze.
Funding history
Jade above the zero line: longs pay shorts. Clay below: shorts pay longs.
GWEI across exchanges
| Exchange | Funding APR | Open interest | OI share |
|---|---|---|---|
B Bybit | -6101.02% | $2.12M | 51% |
B Bitget | -16677.29% | $2.01M | 49% |
Funding annualized per venue interval; open interest is the latest reading per exchange.
Interpretation
GWEI's derivatives market shows modest positioning with a retreat over the past week. Open interest stands at $21.0M, down 1.4% in the last 24 hours and down 35.4% over seven days, indicating steady deleveraging and a contraction in notional exposure. The aggregated funding rate across exchanges is 3.29% annualized, a positive signal that long positions are paying shorts—though this sits at only the 7th percentile of the last 90 days' range, meaning current funding conditions are unusually compressed relative to recent history. This low percentile suggests the market is not stretched on the long side by recent standards.
The leverage risk score of 49 reflects moderate fragility, neither elevated nor particularly robust. The liquidation imbalance of +0.00 shows no directional skew in 24-hour liquidations, indicating balanced forced closures between long and short sides. Taken together, GWEI's metrics paint a picture of a market cooling after a recent deleveraging cycle, with minimal crowding and balanced liquidation dynamics offsetting the modest positive funding rate.
FAQ
What is the funding rate for GWEI right now?
As of the latest reading, GWEI aggregated funding is -660.41% annualized, at the 1th percentile of its own last 90 days. Funding is a recurring payment between long and short GWEI perpetual holders that keeps the contract price anchored to spot: positive means longs pay shorts, negative means shorts pay longs.
What does a high funding percentile mean?
It means current GWEI funding is high versus its own last 90 days — usually a sign of crowded long positioning, which can precede a long squeeze if price turns.
How is aggregated funding calculated?
Each exchange's rate is annualized (accounting for 4h vs 8h intervals), then averaged weighted by open interest across Binance, Bybit, OKX and Bitget. See the methodology page for the exact formula.
Related coins
Funding extremes, OI surges and liquidation cascades — pushed the moment the data moves.
Keep exploring
Every perpetual, sortable by funding, OI and risk.
Leaderboards for funding, OI momentum and risk.
Put two coins side by side across every metric.
Plain-English guides to every metric we track.
Quick definitions for derivatives terms.
Exactly how each number is computed.