M funding rates
M funding is +0.0100% per 8h on Gate right now, +11.0% annualized; 9 exchanges quote the perpetual.
Rates by exchange
live| Exchange | Mark | Index | Mark vs index | Funding | APR | Interval | Next settlement |
|---|---|---|---|---|---|---|---|
 Aster | 0.7977 | 0.7977 | -0.0006% | +0.0050% | +11.0% | 4h | 11:59 AM UTC |
 BingX | 0.7976 | 0.7987 | -0.1377% | +0.0050% | +11.0% | 4h | 11:59 AM UTC |
 Bybit | 0.7986 | 0.7984 | +0.0251% | +0.0050% | +11.0% | 4h | 11:59 AM UTC |
 Gate | 0.7970 | 0.7979 | -0.1142% | +0.0100% | +11.0% | 8h | 03:59 PM UTC |
 KuCoin | 0.7966 | 0.7966 | 0.0000% | +0.0050% | +11.0% | 4h | 11:59 AM UTC |
 Bitget | 0.7981 | 0.7987 | -0.0764% | +0.0024% | +5.3% | 4h | 11:59 AM UTC |
 Binance | 0.7967 | 0.7978 | -0.1335% | +0.0004% | +0.8% | 4h | 11:59 AM UTC |
 LBank | 0.7974 | 0.7983 | -0.1127% | +0.0001% | +0.2% | 4h | 11:59 AM UTC |
 MEXC | 0.7964 | 0.7983 | -0.2380% | 0.0000% | 0.0% | 4h | 11:59 AM UTC |
Top pairings for M
| Long | Short | Kind | Funding / 24h | |
|---|---|---|---|---|
| Gate perp 0.7970 | Bybit perp 0.7986 | perp-perp | 0.000% | Open in scanner |
| Binance perp 0.7967 | Bybit perp 0.7986 | perp-perp | +0.030% | Open in scanner |
| LBank perp 0.7974 | Bybit perp 0.7986 | perp-perp | +0.029% | Open in scanner |
| KuCoin perp 0.7966 | Bybit perp 0.7986 | perp-perp | 0.000% | Open in scanner |
| MEXC perp 0.7964 | Bybit perp 0.7986 | perp-perp | +0.031% | Open in scanner |
58 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 M 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.