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Crypto Funding Rates — CEX and Perp DEX Comparison

Compare funding for the same coin across venues: the original interval, an 8-hour equivalent and the payment direction for your position.

Funding is a periodic payment between holders of perpetual futures. When the rate is positive, longs pay shorts; when it is negative, shorts pay longs. The mechanism helps keep the contract price close to the underlying asset price.

Among popular coins, GRAM on HTX has the largest absolute rate after conversion to 8 hours. Original rate: +0.1241% per 4 h. Snapshot: 18.10.2026.

16 venuesCEX — 9 · perp DEX — 7Data as of 18.10.2026 07:03 MSK

Compare one coin across funding venues

Choose a coin, position side and notional value. Current rates use an 8-hour comparison period, with each venue’s original interval shown alongside.

USD
The full position value after leverage.

BTC · Current rate · Long — position for a price rise · $10 000.00

Venue / ContractRate / original interval8-hour equivalentPayment per original interval8-hour cash equivalent
Hyperliquidperp DEXBTC Open exchange ↗ -0.000297%1 h Current as of 18.10.2026 07:03 MSK -0.002379% Receive $0.03 Receive $0.24
Gate.ioCEXBTC_USDT Open exchange ↗ -0.001900%8 h Current as of 18.10.2026 07:03 MSK Next settlement 18.10.2026 11:00 MSK
Next-rate forecast

Forecast: -0.001900% per 8 h

For 18.10.2026 11:00 MSK
-0.001900% Receive $0.19 Receive $0.19
HTXCEXBTC-USDT Open exchange ↗ +0.003620%8 h Current as of 18.10.2026 07:03 MSK Next settlement 18.10.2026 11:00 MSK +0.003620% Pay $0.36 Pay $0.36
BitgetCEXBTCUSDT Open exchange ↗ +0.004000%8 h Current as of 18.10.2026 07:03 MSK +0.004000% Pay $0.40 Pay $0.40
OKXCEXBTC-USDT-SWAP Open exchange ↗ +0.004255%8 h Current as of 18.10.2026 07:03 MSK Next settlement 18.10.2026 11:00 MSK
Next-rate forecast

Forecast: 0.0000% per 8 h

For 18.10.2026 11:00 MSK
+0.004255% Pay $0.43 Pay $0.43
BybitCEXBTCUSDT Open exchange ↗ +0.004598%8 h Current as of 18.10.2026 07:03 MSK Next settlement 18.10.2026 11:00 MSK +0.004598% Pay $0.46 Pay $0.46
Asterperp DEXBTCUSDT Open exchange ↗ +0.007578%8 h Current as of 18.10.2026 07:03 MSK Next settlement 18.10.2026 11:00 MSK +0.007578% Pay $0.76 Pay $0.76
KuCoinCEXXBTUSDTM Open exchange ↗ +0.009000%8 h Current as of 18.10.2026 07:03 MSK Next settlement 18.10.2026 11:00 MSK +0.009000% Pay $0.90 Pay $0.90
MEXCCEXBTC_USDT Open exchange ↗ +0.009500%8 h Current as of 18.10.2026 07:03 MSK +0.009500% Pay $0.95 Pay $0.95
BinanceCEXBTCUSDT Open exchange ↗ +0.009739%8 h Current as of 18.10.2026 07:03 MSK Next settlement 18.10.2026 11:00 MSK +0.009739% Pay $0.97 Pay $0.97
BingXCEXBTC-USDT Open exchange ↗ +0.0100%8 h Current as of 18.10.2026 07:03 MSK Next settlement 18.10.2026 11:00 MSK +0.0100% Pay $1.00 Pay $1.00
edgeXperp DEXBTCUSDC Open exchange ↗ +0.005000%4 h Current as of 18.10.2026 07:03 MSK +0.0100% Pay $0.50 Pay $1.00

Sorted by funding cost for your selected side: larger receipts first, then costs from low to high. 8-hour equivalent = current rate per original interval × 8 ÷ interval hours. Its cash equivalent assumes that rate holds throughout the comparison period.

BTC rates and history →

Rates for completed intervals

These are the last settled rates for each venue’s original interval. Amounts are the cash equivalents of those rates for your selected notional and side.

Venue / ContractRate / original intervalPayment per original interval
Extendedperp DEXBTC-USD +0.001300%1 h Interval settled 18.10.2026 07:00 MSK Retrieved 18.10.2026 07:03 MSK
Next-rate forecast

Forecast: +0.001300% per 1 h

For 18.10.2026 08:00 MSK
Cost $0.13
GRVTperp DEXBTC_USDT_Perp +0.0100%8 h Interval settled 18.10.2026 03:00 MSK Retrieved 18.10.2026 07:03 MSK Cost $1.00
Lighterperp DEXBTC-USD +0.001200%1 h Interval settled 18.10.2026 06:00 MSK Retrieved 18.10.2026 07:03 MSK Cost $0.12
Pacificaperp DEXBTC-USD +0.001250%1 h Interval settled 18.10.2026 07:00 MSK Retrieved 18.10.2026 07:03 MSK
Next-rate forecast

Forecast: +0.001250% per 1 h

For 18.10.2026 08:00 MSK
Cost $0.13

How different intervals compare

0.00125% per hour equals 0.01% per 8 hours. That conversion comes first when comparing it with 0.0078% per 8 hours.

8-hour rate = rate per interval × 8 ÷ interval hours

The original interval belongs to the specific contract and can differ between markets on the same venue.

What the rate means in dollars

A +0.01% rate for one interval on a $10,000 position means $1: the long pays and the short receives. At −0.01%, the direction reverses.

$10,000 × 0.01 ÷ 100 = $1 per interval

If $1,000 of collateral at 10× leverage gives you a $10,000 position, the calculation uses $10,000. Leverage is already included in the notional.

The table shows a dollar equivalent for your entered notional. On Hyperliquid, the position value used for actual funding is the asset quantity multiplied by the oracle price.

Opening and closing fees — compare Perps venues →

Which point in time does the rate describe?

Current rate

The rate the venue displays now. It can change before settlement.

Last settled rate

The rate for a completed interval. The amount alongside is its cash equivalent for your entered notional.

Next-rate forecast

A separate estimate for the next rate, with its settlement time and interval.

BTC: 7- / 30-day averages of observed rates

The selected coin’s 7- and 30-day averages of observed rates are converted to an 8-hour equivalent. Compare them with the current 8-hour rates above to see how the level has changed over recent weeks.

Venue / group7-day average, 8-hour equivalent30-day average, 8-hour equivalent
Aster+0.004146%+0.004384%
CEX — median across venues+0.004530%+0.003534%
edgeX+0.006548%+0.004895%
Extended+0.007379%+0.007927%
GRVT+0.006721%+0.007580%
Hyperliquid+0.006648%+0.007927%
Lighter+0.006119%+0.004630%
Pacifica+0.008895%+0.009114%

Each venue’s observed rates are averaged with their intervals accounted for, then converted to 8 hours. The CEX group shows the median of venue values. The summary describes the rate level over the observation window.

Summary as of 18.10.2026 07:03 MSK

For each coin, the selected venue has the largest absolute current rate after conversion to 8 hours. A positive sign means longs pay shorts; a negative sign reverses the payment.

Pastes as a ready table with a link back to the source.
Ranking within the popular-coin selection →

Data for spreadsheets, research and citations

Downloads include an update time, source and CC BY 4.0 license. The current table changes with the market; save the download and its timestamp for a dated citation.

Daily observation history

Each row covers one day, venue and coin, with an average rate, annualized range, intervals and observation count.

Daily history — CSV ↓

How to cite the data

Source: Yieldo, “Funding Rates”, https://yieldo.me/funding. Data as of 18.10.2026 07:03 MSK. License: CC BY 4.0.

Continue with your task

Coins: rates, position calculations and history

Venues: markets and funding history

Explore your question

All funding guides →

Funding terms

Funding rate
A periodic payment between holders of long and short perpetual positions that keeps the contract price near spot. It is not a yield and not a fee the exchange takes.
Funding period
How often the payment happens — most often every eight hours, but some venues use one or four. Comparing rates without the period compares different things.
Annualised funding
The current rate multiplied out to a year. Arithmetic over a number the exchange publishes right now, not a promise: the rate changes every period and flips sign.
Where can I find the funding interval?

Question

Where is that interval?

Answer

In the Interval column, next to the rate. Read them together.

Negative funding
Shorts pay longs. It means the perpetual trades below spot, and it is as ordinary a state as the positive one.
Perpetual contract
A futures contract with no expiry. Funding is the mechanism that replaces expiry and keeps it tethered to the spot price.
Perp-DEX
A perpetuals venue that settles on-chain. Its funding is published the same way, but counterparty and access rules differ from a centralised exchange.

Short definitions of the terms used in the tables above.

Questions about comparing rates

How can 0.00125% be greater than 0.0078%?

The intervals can differ. 0.00125% per hour equals 0.01% per 8 hours, which is higher than 0.0078% per 8 hours. The comparison shows each original interval alongside its 8-hour equivalent.

Why does choosing short change the venue order?

At a positive rate, a short receives funding and a long pays. At a negative rate, the roles reverse. The table accounts for your selected side and compares rates over the same 8 hours.

Is funding based on collateral or the full position?

It uses the position value under the contract’s rules. On a $10,000 position, a 0.01% rate means a $1 equivalent for one interval, including when that position is backed by $1,000 of collateral.

What do the 7- and 30-day averages show?

The average level of each venue’s observed rates, converted to an 8-hour equivalent. The CEX group uses the median across venues. These values can be compared with the current 8-hour rates; individual coin pages provide their detailed histories.