LINK funding rates and position payments
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.
MSK
Exchanges with current rates
12
Range normalized to 8 hours
-0.0132% → +0.0100%
Where the selected side receives funding
Long: 4 of 12
Calculate one funding payment
The full position value in USD. For a leveraged position, this is collateral multiplied by leverage.
Long on Hyperliquid · LINK
Receives 0.17 USD equivalent
10 000.00 USD × -0.0017% per 1 h
One settlement calculated from the displayed rate and position notional. Trading fees and profit or loss from price changes are calculated separately.
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.
| Exchange / contract | Rate per interval | 8-hour equivalent | One paymentUSD equivalentLong · 10 000.00 USD | Next settlement |
|---|---|---|---|---|
|
Hyperliquid
LINK
Rate as of MSK
Open interest: 57 735 842 USD 24-hour volume: 8 069 915 USD |
-0.0017% per 1 h | -0.0132% | Receives 0.17 USD | — |
|
KuCoin
LINKUSDTM
Rate as of MSK
24-hour volume: 7 049 824 USD |
-0.0068% per 8 h | -0.0068% | Receives 0.68 USD | MSK |
|
Bybit
LINKUSDT
Rate as of MSK
Open interest: 67 311 110 USD 24-hour volume: 21 686 679 USD |
-0.0051% per 8 h | -0.0051% | Receives 0.51 USD | MSK |
|
Gate.io
LINK_USDT
Rate as of MSK
Open exchange ↗ |
-0.0029% per 8 h | -0.0029% | Receives 0.29 USD | MSK |
|
MEXC
LINK_USDT
Rate as of MSK
24-hour volume: 55 506 873 USD |
+0.0030% per 8 h | +0.0030% | Pays 0.30 USD | — |
|
Binance
LINKUSDT
Rate as of MSK
24-hour volume: 79 604 087 USD |
+0.0033% per 8 h | +0.0033% | Pays 0.33 USD | MSK |
|
Bitget
LINKUSDT
Rate as of MSK
Open interest: 44 339 585 USD 24-hour volume: 10 767 579 USD |
+0.0055% per 8 h | +0.0055% | Pays 0.55 USD | — |
|
Aster
LINKUSDT
Rate as of MSK
Open exchange ↗ |
+0.0100% per 8 h | +0.0100% | Pays 1.00 USD | MSK |
|
BingX
LINK-USDT
Rate as of MSK
Open exchange ↗ |
+0.0100% per 8 h | +0.0100% | Pays 1.00 USD | MSK |
|
edgeX
LINKUSDC
Rate as of MSK
Open exchange ↗ |
+0.0050% per 4 h | +0.0100% | Pays 0.50 USD | — |
|
HTX
LINK-USDT
Rate as of MSK
Open exchange ↗ |
+0.0100% per 8 h | +0.0100% | Pays 1.00 USD | MSK |
|
OKX
LINK-USDT-SWAP
Rate as of MSK
Open exchange ↗ |
+0.0100% per 8 h | +0.0100% | Pays 1.00 USD | MSK |
Latest completed settlements
These payments have already settled. They are separate from the current-rate comparison.
| Exchange / contract | Rate per interval | One paymentUSD equivalentLong · 10 000.00 USD | Settlement time |
|---|---|---|---|
|
Extended
LINK-USD
Rate as of MSK
Open interest: 465 584 USD 24-hour volume: 220 561 USD |
-0.0034% per 1 h | Receives 0.34 USD | MSK |
|
GRVT
LINK_USDT_Perp
Rate as of MSK
24-hour volume: 2 524 397 USD |
+0.0100% per 8 h | Pays 1.00 USD | MSK |
|
Lighter
LINK-USD
Rate as of MSK
24-hour volume: 436 669 USD |
+0.0006% per 1 h | Pays 0.06 USD | MSK |
|
Pacifica
LINK-USD
Rate as of MSK
24-hour volume: 59 098 USD |
+0.0013% per 1 h | Pays 0.13 USD | MSK |
Completed settlements over 24 hours and 7 days
The sum of published settlement rates for each contract. Payment amounts are USD equivalents for a constant 10 000.00 USD notional and the selected direction.
GRVT
24 hours
+0.0300%
Pays 3.00 USD
3 settlements
17.10.2026 11:00 — 18.10.2026 03:00 MSK
7 days
+0.0322%
Pays 3.22 USD
21 settlements
11.10.2026 11:00 — 18.10.2026 03:00 MSK
Extended
24 hours
-0.0077%
Receives 0.77 USD
24 settlements
17.10.2026 09:00 — 18.10.2026 08:00 MSK
7 days
+0.1487%
Pays 14.87 USD
168 settlements
11.10.2026 09:00 — 18.10.2026 08:00 MSK
Pacifica
24 hours
+0.0300%
Pays 3.00 USD
24 settlements
17.10.2026 09:00 — 18.10.2026 08:00 MSK
7 days
+0.2100%
Pays 21.00 USD
168 settlements
11.10.2026 09:00 — 18.10.2026 08:00 MSK
Lighter
24 hours
-0.0163%
Receives 1.63 USD
23 settlements
17.10.2026 09:00 — 18.10.2026 07:00 MSK
7 days
-0.0568%
Receives 5.68 USD
167 settlements
11.10.2026 09:00 — 18.10.2026 07:00 MSK
LINK funding rate history by exchange
The chart shows daily averages expressed as an annualized equivalent. Data starts on 05.07.2026; the table shows the number of available days for each exchange.
| Exchange | Current annualized equivalent | 7-day average, annualized equivalent | 30-day average, annualized equivalent | Days |
|---|---|---|---|---|
| OKX | 10.95% | 2.3% | 5.87% | 31 |
| Bitget | 6.02% | 5.53% | 8.85% | 31 |
| KuCoin | -7.45% | 1.83% | 5.91% | 31 |
| BingX | 10.95% | 8.06% | 9.57% | 31 |
| Hyperliquid perp-DEX | -14.47% | 6.22% | 9.55% | 31 |
| MEXC | 3.29% | 2.62% | 5.64% | 31 |
| HTX | 10.95% | 10.91% | 10.33% | 31 |
| Gate.io | -3.18% | 2.6% | 3.81% | 31 |
| Binance | 3.58% | 2.66% | 2.28% | 11 |
| Bybit | -5.6% | 2.88% | 2.24% | 11 |
| Extended perp-DEX | — | 8.09% | 8.94% | 11 |
| Lighter perp-DEX | — | -2.59% | -0.96% | 11 |
| GRVT perp-DEX | — | 1.52% | -0.2% | 11 |
How rates and payments are calculated
The 8-hour equivalent is the rate per interval × 8 ÷ interval hours. It makes different intervals comparable. One payment is position notional × the original rate. The annualized equivalent in the history is a linear conversion of the rate to one year.
LINK funding questions
Who receives funding when the LINK rate is positive?
At a positive rate, long holders pay short holders. At a negative rate, the direction reverses. The payment depends on the position notional and the rate of the specific contract.
Should I multiply the payment by leverage again?
No, if the calculator already contains the full position notional. Leverage is used once: position notional equals collateral multiplied by leverage.