USD1 funding rates
USD1 funding is -0.0095% per 4h on Gate right now, -20.8% annualized; 3 exchanges quote the perpetual.
Rates by exchange
live| Exchange | Mark | Index | Mark vs index | Funding | APR | Interval | Next settlement |
|---|---|---|---|---|---|---|---|
 Bybit | 0.9993 | 0.9999 | -0.0600% | +0.0041% | +9.0% | 4h | 11:59 AM UTC |
 LBank | 0.9992 | 0.9998 | -0.0600% | +0.0041% | +9.0% | 4h | 11:59 AM UTC |
 Gate | 0.9991 | 0.9999 | -0.0800% | -0.0095% | -20.8% | 4h | 11:59 AM UTC |
Top pairings for USD1
| Long | Short | Kind | Funding / 24h | |
|---|---|---|---|---|
| Gate perp 0.9991 |  Binance margin 0.9999 | hedge | +0.027% | Open in scanner |
| Gate perp 0.9991 | Bybit margin 0.9998 | hedge | +0.024% | Open in scanner |
| Bybit perp 0.9993 | Binance margin 0.9999 | hedge | -0.055% | Open in scanner |
| LBank perp 0.9993 | Binance margin 0.9999 | hedge | -0.055% | Open in scanner |
| Bybit perp 0.9993 | Bybit margin 0.9998 | hedge | -0.058% | Open in scanner |
41 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 USD1 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.