PYPL funding rates
PYPL funding is +0.0050% per 8h on BingX right now, +5.5% annualized; 8 exchanges quote the perpetual.
Rates by exchange
live| Exchange | Mark | Index | Mark vs index | Funding | APR | Interval | Next settlement |
|---|---|---|---|---|---|---|---|
 BingX | 56.7500 | 56.7500 | 0.0000% | +0.0050% | +5.5% | 8h | 03:59 PM UTC |
 Binance | 56.6886 | 56.6886 | 0.0000% | 0.0000% | 0.0% | 8h | 03:59 PM UTC |
 Bitget | 56.7500 | 56.6272 | +0.2169% | 0.0000% | 0.0% | 8h | 03:59 PM UTC |
 Bybit | 56.6400 | 56.6800 | -0.0706% | 0.0000% | 0.0% | 8h | 03:59 PM UTC |
 Gate | 56.7400 | 56.7420 | -0.0035% | 0.0000% | 0.0% | 8h | 03:59 PM UTC |
 LBank | 56.7400 | 56.9000 | -0.2812% | 0.0000% | 0.0% | 8h | 03:59 PM UTC |
 MEXC | 56.7300 | 56.7000 | +0.0529% | 0.0000% | 0.0% | 8h | 03:59 PM UTC |
 OKX | 56.7300 | 56.6900 | +0.0706% | 0.0000% | 0.0% | 8h | 03:59 PM UTC |
Top pairings for PYPL
| Long | Short | Kind | Funding / 24h | |
|---|---|---|---|---|
| Binance spot 56.6500 | MEXC spot 57.1100 | spot-spot | — | Open in scanner |
| LBank spot 56.7500 | MEXC spot 57.1100 | spot-spot | — | Open in scanner |
| Bybit perp 56.6400 | Binance perp 56.6884 | perp-perp | 0.000% | Open in scanner |
| Bybit perp 56.6400 | LBank perp 56.7400 | perp-perp | 0.000% | Open in scanner |
| Bybit perp 56.6400 | BingX perp 56.7500 | perp-perp | +0.015% | Open in scanner |
17 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 PYPL 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.