CL funding rates
CL funding is -0.0601% per 8h on Bybit right now, -65.8% annualized; 7 exchanges quote the perpetual.
Rates by exchange
live| Exchange | Mark | Index | Mark vs index | Funding | APR | Interval | Next settlement |
|---|---|---|---|---|---|---|---|
 Binance | 101.20 | 101.26 | -0.0633% | -0.0077% | -16.8% | 4h | 11:59 AM UTC |
 Aster | 101.21 | 101.29 | -0.0796% | -0.0117% | -25.7% | 4h | 11:59 AM UTC |
 KuCoin | 101.17 | 101.28 | -0.0997% | -0.0137% | -30.0% | 4h | 11:59 AM UTC |
 OKX | 101.14 | 101.24 | -0.0988% | -0.0147% | -32.3% | 4h | 11:59 AM UTC |
 Bitget | 101.12 | 101.24 | -0.1220% | -0.0213% | -46.6% | 4h | 11:59 AM UTC |
 Gate | 101.04 | 101.16 | -0.1157% | -0.0478% | -52.3% | 8h | 03:59 PM UTC |
 Bybit | 101.11 | 101.24 | -0.1284% | -0.0601% | -65.8% | 8h | 03:59 PM UTC |
Top pairings for CL
| Long | Short | Kind | Funding / 24h | |
|---|---|---|---|---|
| Gate perp 101.04 | Binance perp 101.19 | perp-perp | +0.097% | Open in scanner |
| Gate perp 101.04 | Aster perp 101.21 | perp-perp | +0.073% | Open in scanner |
| Gate perp 101.04 | OKX perp 101.14 | perp-perp | +0.055% | Open in scanner |
| Bitget perp 101.12 | Binance perp 101.19 | perp-perp | +0.081% | Open in scanner |
| Gate perp 101.04 | KuCoin perp 101.17 | perp-perp | +0.061% | Open in scanner |
23 pairings in the scanner
See every pairing live
The scanner ranks every route by net spread through the order book, after both legs’ fees, with alerts to Telegram and a trade journal. The first week is free.
The table shows every exchange where CL trades as a perpetual: the rate per settlement, the same rate annualized, the settlement interval and when the next one is. The numbers are the exchanges’ own, read live, not a snapshot from an hour ago.
A positive rate is paid by longs to shorts, a negative one the other way round. The annualized figure assumes the rate stays put for a year, which it never does — it is a way to compare exchanges with different intervals, not a forecast.
The highest and the lowest rate across exchanges are what a funding spread is made of: short where longs pay the most, long where they pay the least, and collect the difference every settlement — minus the cost of entering both legs.
FAQ
What is a funding rate?
A periodic payment between long and short holders of a perpetual that keeps its price near the spot price. Positive: longs pay shorts; negative: shorts pay longs.
How is the annualized rate computed?
The rate per settlement times the number of settlements in a year — 2190 for an 4h interval — in percent. It is a comparison figure, not a forecast.
Why does the rate differ between exchanges?
Each exchange computes its own rate from its own order flow and interval. The differences are what funding arbitrage lives on.