# Current Funding Rate

## OpenAPI Specification

```yaml
openapi: 3.0.1
info:
  title: ''
  description: ''
  version: 1.0.0
paths:
  /funding-rate:
    get:
      summary: Current Funding Rate
      deprecated: false
      description: >-
        Retrieve the latest preliminary funding rate for one or all futures
        instruments. The rate is recalculated every minute and settled every 4
        hours at fixed intervals (00:00 UTC, 04:00 UTC, 08:00 UTC, 12:00 UTC,
        16:00 UTC, and 20:00 UTC).


        The timestamp indicates when the most recent funding rate update was
        received.

        An instrument code is the `id` property from the
        [Instruments](https://docs.onetrading.com/rest/public/instruments.md)
        endpoint.



        :::info[]

        Funding rates are only available for futures markets.

        :::
      tags:
        - One Trading Public REST API/Futures
      parameters:
        - name: instrument_code
          in: query
          description: >-
            The specific instrument code (e.g. `BTC_EUR_P`) to fetch the funding
            rate for. If not provided, returns funding rates for all futures
            instruments.
          required: false
          example: BTC_USD_P
          schema:
            type: string
      responses:
        '200':
          description: ''
          content:
            application/json:
              schema:
                type: array
                items:
                  $ref: '#/components/schemas/FundingRateCurrent'
              examples:
                '1':
                  summary: Single Instrument Code
                  value:
                    - instrument_code: BTC_USD_P
                      funding_rate: '0.000017902243428335654'
                      mark_price: '67812.73'
                      time: 1771575120000
                      timestamp: '2026-02-20T08:12:00.000000000Z'
                '2':
                  summary: Multiple Instruments
                  value:
                    - instrument_code: BTC_EUR_P
                      funding_rate: '0.02500000'
                      mark_price: '92500'
                      time: 1733397081146
                    - instrument_code: ETH_EUR_P
                      funding_rate: '0.00214000'
                      mark_price: '3726.58'
                      time: 1733397081146
          headers: {}
          x-apidog-name: Success
      security: []
      x-apidog-folder: One Trading Public REST API/Futures
      x-apidog-status: developing
      x-run-in-apidog: https://app.eu.apidog.com/web/project/349694/apis/api-3642873-run
components:
  schemas:
    FundingRateCurrent:
      type: object
      properties:
        timestamp:
          type: string
          x-apidog-mock: '2026-02-12T16:35:00.000000000Z'
          format: date-time
          description: >-
            Timestamp of the latest update in ISO 8601 format with nanosecond
            precision.
        instrument_code:
          type: string
          description: The unique identifier for the instrument
          x-apidog-mock: BTC_USD_P
        funding_rate:
          type: string
          description: >-
            The current funding rate for the specified instrument in fractional
            form. Negative rates indicate shorts paying longs, and positive
            rates indicate longs paying shorts.
          x-apidog-mock: '0.00002500000'
        mark_price:
          type: string
          description: >-
            The current mark price of the instrument, used as the reference
            price for funding rate calculation.
          x-apidog-mock: '92500'
        time:
          type: integer
          description: >-
            Unix timestamp (in milliseconds) indicating when the funding rate
            was last calculated.
          x-apidog-mock: '1733397081146'
          deprecated: true
      x-apidog-orders:
        - timestamp
        - instrument_code
        - funding_rate
        - mark_price
        - time
      required:
        - timestamp
        - instrument_code
        - funding_rate
        - mark_price
        - time
      x-apidog-ignore-properties: []
      x-apidog-folder: ''
  securitySchemes: {}
servers:
  - url: https://api.onetrading.com/fast/v1
    description: Production Env
security: []

```