PDD funding rates
PDD funding is +0.0289% per 8h on Binance right now, +31.6% annualized; 8 exchanges quote the perpetual.
Rates by exchange
live| Exchange | Mark | Index | Mark vs index | Funding | APR | Interval | Next settlement |
|---|---|---|---|---|---|---|---|
 Binance | 81.4355 | 81.2609 | +0.2149% | +0.0289% | +31.6% | 8h | 03:59 PM UTC |
 MEXC | 81.4300 | 81.2900 | +0.1722% | +0.0288% | +31.5% | 8h | 03:59 PM UTC |
 BingX | 81.4400 | 81.4400 | 0.0000% | +0.0271% | +29.7% | 8h | 03:59 PM UTC |
 Bitget | 81.3500 | 81.2849 | +0.0801% | 0.0000% | 0.0% | 8h | 03:59 PM UTC |
 Bybit | 81.4600 | 81.2900 | +0.2091% | 0.0000% | 0.0% | 8h | 03:59 PM UTC |
 Gate | 81.3300 | 81.3380 | -0.0098% | 0.0000% | 0.0% | 8h | 03:59 PM UTC |
 KuCoin | 81.3700 | 81.3100 | +0.0738% | 0.0000% | 0.0% | 8h | 03:59 PM UTC |
 LBank | 81.4200 | 81.2800 | +0.1722% | 0.0000% | 0.0% | 8h | 03:59 PM UTC |
Top pairings for PDD
| Long | Short | Kind | Funding / 24h | |
|---|---|---|---|---|
| LBank spot 81.2000 | Binance perp 81.4358 | spot-perp | +0.086% | Open in scanner |
| LBank spot 81.2000 | BingX perp 81.4400 | spot-perp | +0.081% | Open in scanner |
| LBank spot 81.2000 | LBank perp 81.4200 | spot-perp | 0.000% | Open in scanner |
| MEXC spot 81.2200 | Binance perp 81.4358 | spot-perp | +0.086% | Open in scanner |
| MEXC spot 81.2200 | BingX perp 81.4400 | spot-perp | +0.081% | Open in scanner |
45 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 PDD 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 — 1095 for an 8h 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.