S funding rates
S funding is -0.0051% per 4h on Gate right now, -11.2% annualized; 12 exchanges quote the perpetual.
Rates by exchange
live| Exchange | Mark | Index | Mark vs index | Funding | APR | Interval | Next settlement |
|---|---|---|---|---|---|---|---|
 Aster | 0.05594 | 0.05593 | +0.0004% | +0.0050% | +11.0% | 4h | 11:59 AM UTC |
 BingX | 0.05589 | 0.05593 | -0.0715% | +0.0050% | +11.0% | 4h | 11:59 AM UTC |
 Bitget | 0.05589 | 0.05594 | -0.0891% | +0.0050% | +11.0% | 4h | 11:59 AM UTC |
 Bybit | 0.05589 | 0.05594 | -0.0894% | +0.0050% | +11.0% | 4h | 11:59 AM UTC |
 KuCoin | 0.05593 | 0.05593 | 0.0000% | +0.0050% | +11.0% | 4h | 11:59 AM UTC |
 OKX | 0.05593 | 0.05593 | 0.0000% | +0.0050% | +11.0% | 4h | 11:59 AM UTC |
 Lighter | 0.05590 | 0.05594 | -0.0715% | +0.0012% | +10.5% | 1h | 11:59 AM UTC |
 LBank | 0.05588 | 0.05592 | -0.0715% | -0.0000% | -0.0% | 4h | 11:59 AM UTC |
 Binance | 0.05588 | 0.05593 | -0.0980% | -0.0020% | -4.3% | 4h | 11:59 AM UTC |
 MEXC | 0.05589 | 0.05593 | -0.0715% | -0.0020% | -4.4% | 4h | 11:59 AM UTC |
 Gate | 0.05587 | 0.05593 | -0.1073% | -0.0051% | -11.2% | 4h | 11:59 AM UTC |
 Hyperliquid | 0.05586 | 0.05594 | -0.1394% | -0.0015% | -12.7% | 1h | 11:59 AM UTC |
Top pairings for S
| Long | Short | Kind | Funding / 24h | |
|---|---|---|---|---|
| Bybit perp 0.05589 | Binance margin 0.05594 | hedge | -0.075% | Open in scanner |
| LBank perp 0.05588 | Binance margin 0.05594 | hedge | -0.045% | Open in scanner |
| Gate perp 0.05587 | Binance margin 0.05594 | hedge | -0.014% | Open in scanner |
| Bybit perp 0.05589 | Bybit margin 0.05595 | hedge | -0.065% | Open in scanner |
| Bybit perp 0.05589 | Gate margin 0.05592 | hedge | -0.077% | Open in scanner |
128 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 S 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.