COW Funding Rate Live

Live CoW Protocol (COWUSDT) perpetual funding rate with 30-day history: who pays whom, the annualised cost of holding, and how crowded it is against every other perp. Right now +0.0050% per 4h (+11.0% annualised) — longs pay shorts. Refreshed every 5 minutes.

Questions people ask

What is the COW funding rate right now?

At the last snapshot the COWUSDT perpetual on Binance was funding at +0.0050% per 4 hours, which is +11.0% annualised — longs pay shorts. The live number on cryptojargon.in/funding/cow refreshes every few minutes.

Who pays funding on COW?

When the rate is positive, longs pay shorts every funding period; when it is negative, shorts pay longs. The payment is the rate times your position size, taken at the funding timestamp — you only pay if you hold through it.

Is high COW funding bullish or bearish?

Neither by itself. High positive funding means longs are crowded and paying to stay in, which makes the coin squeeze-prone on the first move down — but crowded can stay crowded for weeks. Read it with long/short positioning and liquidations before acting.

Crypto Jargon

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