T funding rates
T perpetual funding across 6 venues. Rates are annualized (APR); positive means longs pay shorts.
· refreshed every 5 min
- Best pair · 7d
- 34.0%long Gate, short Binance · net 27.5%
- Highest funding now
- 6.6%BgBitgetCEX
- Lowest funding now
- −56.5%GtGateCEX
- Listed on
- 6 venues
Funding by venue
| 7d chart | Flags | Open | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BgBitgetCEX | TUSDT | 6.6% | 2.8% | 2.4% | −150% | 2.3% | 85% | 4h | 04:00 | 0.005446 | $701k | $610k | BgBitget | ||
| BnBinanceCEX | TUSDT | 6.0% | 3.7% | 9.1% | −162% | — | 93% | 4h | 04:00 | 0.005447 | $1.8M | $2.5M | BnBinance | ||
| MxMEXCCEX | T_USDT | 5.9% | −0.6% | 3.6% | −161% | 4.3% | 85% | 4h | 04:00 | 0.005446 | $2.1M | $123k | MxMEXC | ||
| ByBybitCEX | TUSDT | 0.8% | 3.3% | 5.1% | −151% | 5.4% | 83% | 4h | 04:00 | 0.005447 | $850k | $651k | ByBybit | ||
| VaVariational | T | −40.3% | −7.7% | −3.4% | −179% | −2.7% | 71% | 4h | — | 0.005455 | $4k | $3k | VaVariational | ||
| GtGateCEX | T_USDT | −56.5% | −37.6% | −16.4% | −171% | −12.8% | 43% | 4h | 04:00 | 0.005455 | $145k | $22k | GtGate |
Sparklines: hourly funding APR over the last 7 days, zero line dashed.
Long/short pairs
| Spread APR | After taker fees | Quality | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7d trend | Flags | Open | Calc | |||||||||||
| GtGateCEX | BnBinanceCEX | 62.5% | 41.3% | 34.0% | 10.7% | 27.5% | 41.2% | 2.7d | new | $145k | GtBn | calc | ||
| GtGateCEX | MxMEXCCEX | 62.4% | 37.1% | 20.0% | 9.9% | 15.0% | 22.6% | 3.5d | steady | $145k | GtMx | calc | ||
| GtGateCEX | ByBybitCEX | 57.3% | 40.9% | 21.5% | 19.5% | 14.7% | 22.1% | 4.4d | steady | $145k | GtBy | calc | ||
| GtGateCEX | BgBitgetCEX | 63.1% | 40.4% | 18.7% | 20.6% | 11.7% | 17.6% | 5.3d | steady | $145k | GtBg | calc | ||
| GtGateCEX | VaVariational | 16.2% | 30.0% | 13.0% | −8.2% | 9.0% | 13.6% | 4.2d | steady | $4k | low OIspread not incl. | GtVa | calc | |
| VaVariational | BnBinanceCEX | 46.3% | 11.4% | 11.0% | 25.6% | 8.4% | 12.6% | 3.3d | new | $4k | low OIspread not incl. | VaBn | calc | |
| VaVariational | MxMEXCCEX | 46.2% | 7.1% | 7.0% | 18.1% | 6.0% | 9.0% | 2.1d | steady | $4k | low OIspread not incl. | VaMx | calc | |
| VaVariational | ByBybitCEX | 41.1% | 11.0% | 8.6% | 27.7% | 5.7% | 8.6% | 4.7d | steady | $4k | low OIspread not incl. | VaBy | calc | |
| VaVariational | BgBitgetCEX | 46.8% | 10.4% | 5.8% | 28.8% | 2.7% | 4.0% | 7.6d | steady | $4k | low OIspread not incl. | VaBg | calc | |
| MxMEXCCEX | ByBybitCEX | −5.1% | 3.9% | 1.5% | 9.6% | −2.4% | −3.6% | 36d | weak | $850k | MxBy | calc | ||
| MxMEXCCEX | BnBinanceCEX | 0.1% | 4.3% | 1.1% | 0.7% | −2.6% | −3.9% | 47d | new | $1.8M | MxBn | calc | ||
| BgBitgetCEX | MxMEXCCEX | −0.7% | −3.3% | 1.2% | −10.7% | −2.9% | −4.4% | 47d | weak | $701k | BgMx | calc | ||
| ByBybitCEX | BnBinanceCEX | 5.2% | 0.4% | 2.3% | 6.5% | −3.1% | −4.7% | 33d | new | $850k | ByBn | calc | ||
| BgBitgetCEX | ByBybitCEX | −5.7% | 0.5% | 2.8% | −1.1% | −3.2% | −4.8% | 30d | weak | $701k | BgBy | calc | ||
| MxMEXCCEX | BgBitgetCEX | 0.7% | 3.3% | −1.2% | 10.7% | −5.4% | −8.1% | — | weak | $701k | MxBg | calc | ||
| ByBybitCEX | MxMEXCCEX | 5.1% | −3.9% | −1.5% | −9.6% | −5.4% | −8.2% | — | weak | $850k | ByMx | calc | ||
| BgBitgetCEX | BnBinanceCEX | −0.6% | 0.9% | 0.2% | −11.2% | −5.5% | −8.2% | 339d | new | $701k | BgBn | calc | ||
| BnBinanceCEX | BgBitgetCEX | 0.6% | −0.9% | −0.2% | 11.2% | −6.0% | −9.0% | — | new | $701k | BnBg | calc | ||
| ByBybitCEX | BgBitgetCEX | 5.7% | −0.5% | −2.8% | 1.1% | −8.8% | −13.2% | — | weak | $701k | ByBg | calc | ||
What the columns and badges mean
- now
- Current funding spread APR: short-leg rate minus long-leg rate, annualized.
- 24h
- Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d
- Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
- 30d
- Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d trend
- Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
- Net APR
- 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
- On capital
- Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
- Breakeven
- Days of 7d-average funding needed to pay back open+close taker fees.
- Min OI
- Smaller open interest of the two legs, USD.
- steady
- Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
- spike
- The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
- mixed
- The spread was negative too often: not negative in only X% of hours over 7 days.
- new
- Less than 4 days of shared history in the prior week: stability cannot be judged yet.
- weak
- Prior-week spread under 5% APR: too small to call steady.
- cooling
- The prior week was solid, but the last 24h or the current spread is not positive.
- ≠ asset?
- Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
- stale
- At least one leg has not updated for over 30 minutes.
- low OI
- Open interest under $50k on at least one leg — size carefully.
- 8h/1h
- Funding intervals differ (8h vs 1h): payments are not simultaneous.
- TradFi
- Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
- invite only
- Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
- spread not incl.
- A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
- CEX
- Centralized exchange: trading needs an account with identity verification (KYC).
Prices now
Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.Indicative · marks from 2026-10-12 02:27 UTC
Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.
Indicative (mark or mid prices): buy on Bitget at 0.005446, sell on Gate at 0.005455: 0.165% before fees, −0.105% after taker fees.
| Buy ↓ · Sell → | GtGate0.005455 | VaVariational0.0054548 | BnBinance0.005447 | ByBybit0.005447 | BgBitget0.005446 | MxMEXC0.005446 |
|---|---|---|---|---|---|---|
| BgBitget0.005446 | 0.165% | 0.161% | 0.018% | 0.018% | — | 0.000% |
| MxMEXC0.005446 | 0.165% | 0.161% | 0.018% | 0.018% | 0.000% | — |
| BnBinance0.005447 | 0.147% | 0.143% | — | 0.000% | −0.018% | −0.018% |
| ByBybit0.005447 | 0.147% | 0.143% | 0.000% | — | −0.018% | −0.018% |
| VaVariational0.0054548 | 0.004% | — | −0.143% | −0.143% | −0.161% | −0.161% |
| GtGate0.005455 | — | −0.004% | −0.147% | −0.147% | −0.165% | −0.165% |
All quotes (6)
| Venue | Bid | Ask | Quality | Age | Vol 24h | Flags |
|---|---|---|---|---|---|---|
| BnBinanceCEX | 0.005447 | 0.005447 | mark | 6m | $2.5M | no FX |
| BgBitgetCEX | 0.005446 | 0.005446 | mark | 6m | $610k | no FX |
| ByBybitCEX | 0.005447 | 0.005447 | mark | 6m | $651k | no FX |
| GtGateCEX | 0.005455 | 0.005455 | mark | 6m | $22k | no FX |
| MxMEXCCEX | 0.005446 | 0.005446 | mark | 5m | $123k | no FX |
| VaVariational | 0.0054548 | 0.0054548 | mark | 7m | $3k |
All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.
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