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yieldo. Crypto Analytics

FRAX Funding Rates

Funding is a payment between long and short holders of a perpetual contract.

At a positive rate, longs pay shorts

At a negative rate, shorts pay longs

Rate as of Long · 10 000 USD

Exchanges with current rates
7
Range normalized to 8 hours
+0.007000% → +0.010000%
Where the selected side receives funding
Long: 0 of 7

As of 13.11.2026, the FRAX perpetual funding rate on Bitget is 0.005% per settlement period, or 11.0% annualized.

Calculate one funding payment

One settlement calculated from the displayed rate and position notional. Trading fees and profit or loss from price changes are calculated separately.

USD
Direction

The full position value in USD. For a leveraged position, this is collateral multiplied by leverage.

Long on BingX · FRAX-USDT

Pays

0.35USD equivalent

10 000.00 USD × +0.003500% per 4 h

Compare current funding rates

Rows are ordered by the payment to the selected side over the same eight hours. The original rate and single payment apply to each contract’s own interval.

Long · 10 000 USD Rate as of UTC Next settlement — 13.11
Exchange / contract Rate per interval Interval 8-hour equivalent One payment, USD Next settlement Open interest, USD 24-hour volume, USD Open exchange
BingXFRAX-USDT +0.003500% 4 h +0.007000% Pays 0.35 716 415 Open BingX
AsterFRAXUSDT +0.005000% 4 h +0.010000% Pays 0.50 5 367 Open Aster
BinanceFRAXUSDT +0.005000% 4 h +0.010000% Pays 0.50 429 533 Open Binance
BitgetFRAXUSDT +0.005000% 4 h +0.010000% Pays 0.50 283 470 9 940 Open Bitget
Gate.ioFRAX_USDT +0.005000% 4 h +0.010000% Pays 0.50 18 322 24 024 Open Gate.io
KuCoinFRAXUSDTM +0.005000% 4 h +0.010000% Pays 0.50 67 004 254 Open KuCoin
MEXCFRAX_USDT +0.005000% 4 h +0.010000% Pays 0.50 163 706 137 599 Open MEXC

FRAX funding payments by venue

Long · 10,000 USDT
Venue 24 hours12.11 12:00 — 13.11 12:00 UTC 7 days06.11 00:00 — 13.11 00:00 UTC
Bitget -0.112700% Receives 11.27 USDT6 settlements 12.11 08:00 — 13.11 08:00 UTC -0.653300% Receives 65.33 USDT42 settlements
MEXC +0.012100% Pays 1.21 USDT6 settlements -0.031600% Receives 3.16 USDT42 settlements
Gate.io +0.102900% Pays 10.29 USDT6 settlements -0.446800% Receives 44.68 USDT42 settlements
KuCoin -0.006200% Receives 0.62 USDT6 settlements 12.11 16:00 — 13.11 16:00 UTC -0.604600% Receives 60.46 USDT42 settlements
Binance +0.008425% Pays 0.84 USDT6 settlements 12.11 16:00 — 13.11 16:00 UTC -0.033817% Receives 3.38 USDT42 settlements
Aster -0.082193% Receives 8.22 USDT6 settlements -1.105860% Receives 110.59 USDT42 settlements
BingX -0.069300% Receives 6.93 USDT6 settlements 12.11 16:00 — 13.11 16:00 UTC -0.665900% Receives 66.59 USDT42 settlements

Cost of holding a position · FRAX

This is the cost or income of holding your side, not arbitrage: the price of the position is not hedged.

on 10,000 notional per legThe current rate stays unchanged in repeats.before fees
Venue Long Short
24 h 7 days 30 days 24 h 7 days 30 days
Bitget −3.00 USDT −21.00 USDT −90.00 USDT +3.00 USDT +21.00 USDT +90.00 USDT
MEXC −3.00 USDT −21.00 USDT −90.00 USDT +3.00 USDT +21.00 USDT +90.00 USDT
Gate.io −3.00 USDT −21.00 USDT −90.00 USDT +3.00 USDT +21.00 USDT +90.00 USDT
KuCoin −3.00 USDT −21.00 USDT −90.00 USDT +3.00 USDT +21.00 USDT +90.00 USDT
Binance −3.00 USDT −21.00 USDT −90.00 USDT +3.00 USDT +21.00 USDT +90.00 USDT
Aster −3.00 USDT −21.00 USDT −90.00 USDT +3.00 USDT +21.00 USDT +90.00 USDT
BingX −2.10 USDT −14.70 USDT −63.00 USDT +2.10 USDT +14.70 USDT +63.00 USDT
Cost of holding a position →

About FRAX Funding Rates

Funding rates for FRAX perpetual futures reflect the cost of holding long or short positions. When the rate is positive, longs pay shorts; when negative, shorts pay longs. The settlement interval depends on the venue and the contract — 1h, 4h and 8h are all in use — and rates can vary significantly across exchanges. Traders use funding rate differences between exchanges for delta-neutral arbitrage strategies. We monitor funding rates across 7+ exchanges including Bybit, Bitget, OKX, MEXC, Gate.io, and KuCoin, updating data every 10 minutes.

What are Funding Rates?

Funding rates are periodic payments between long and short traders in perpetual futures markets. They keep the futures price aligned with the spot price. High positive rates indicate bullish sentiment (longs pay shorts), while negative rates signal bearish conditions (shorts pay longs). The settlement interval differs by venue and contract (1h, 4h or 8h), so rates are compared per hour rather than per period.

Scheduled collection every 10 minutes; successful update times are shown with the data. Methodology

Funding rates with different intervals compared over the same period

FRAX funding questions

What is the current FRAX funding rate?

The FRAX funding rate varies across exchanges and is updated every 10 minutes. Check the comparison table above for the latest rates across all supported exchanges.

What does a positive FRAX funding rate mean?

A positive funding rate means traders holding long FRAX positions pay those holding short positions. This typically indicates bullish market sentiment with more demand for long positions.

How much does it cost to hold a FRAX perpetual position?

Holding your side costs or earns the funding paid at each settlement: when the rate is positive the long pays and the short receives, when it is negative it is the other way round. The holding-cost table above shows this on 10,000 of notional at the current rate; it is the cost of one side, not an arbitrage return. Two-leg scenarios are on the FRAX funding arbitrage page.

How often are FRAX funding rates settled?

Funding intervals for FRAX differ by venue: 4h. Each payment is the rate for that interval, so the table also shows the rate per hour — the unit in which venues with different intervals can be compared.

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