XCN funding rates
XCN funding is -0.1234% per 4h on MEXC right now, -270.2% annualized; 5 exchanges quote the perpetual.
Rates by exchange
live| Exchange | Mark | Index | Mark vs index | Funding | APR | Interval | Next settlement |
|---|---|---|---|---|---|---|---|
 BingX | 0.003985 | 0.003985 | 0.0000% | -0.0907% | -198.6% | 4h | 03:59 PM UTC |
 Aster | 0.003991 | 0.003998 | -0.1616% | -0.0243% | -212.7% | 1h | 12:59 PM UTC |
 Gate | 0.003975 | 0.003997 | -0.5504% | -0.0991% | -217.0% | 4h | 03:59 PM UTC |
 Bybit | 0.003988 | 0.003997 | -0.2302% | -0.1234% | -270.2% | 4h | 03:59 PM UTC |
 MEXC | 0.003986 | 0.003991 | -0.1253% | -0.1234% | -270.2% | 4h | 03:59 PM UTC |
Top pairings for XCN
| Long | Short | Kind | Funding / 24h | |
|---|---|---|---|---|
| Gate perp 0.003975 | Gate margin 0.003996 | hedge | +0.575% | Open in scanner |
| Gate perp 0.003975 | Bybit perp 0.003988 | perp-perp | -0.138% | Open in scanner |
| Aster perp 0.003991 | Gate margin 0.003996 | hedge | +0.560% | Open in scanner |
| BingX perp 0.003985 | Gate margin 0.003996 | hedge | +0.518% | Open in scanner |
| Gate perp 0.003975 | MEXC perp 0.003986 | perp-perp | -0.147% | Open in scanner |
19 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 XCN 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 — 8760 for an 1h 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.