Current funding rates of the liquid Binance USDT-M perpetuals: the live rate for each contract’s next payment, its payment interval and the payment time, with the extremes on both sides. Recalculated every 5 minutes.
Updated · 2 November 2026
Both tables are ranked by annualized rate, so contracts that pay every hour, every 4 hours or every 8 hours compare fairly.
Current rate: the funding rate for the next payment, a live estimate until that payment · Annualized: current rate × payments per day × 365 · Premium: mark price against the spot index
Highest funding: longs pay shorts
The 15 highest positive funding rates among perpetuals with at least 10 million USDT of 24-hour volume, ranked by annualized rate
Source: Binance USDT-M perpetual futures, public market data (fapi.binance.com). Recalculated every 5 minutes; this page checks for new data every minute while it is open. Search, filters and sorting run in your browser; nothing you type is sent anywhere.
What funding is
A perpetual futures contract never expires, so something has to keep its price close to the spot market. That is funding: a payment between traders on the two sides, exchanged at fixed times. When the rate is positive, long positions pay short positions; when it is negative, shorts pay longs. The exchange does not keep it.
The amount is the position’s value times the rate. A 10,000 USDT long at a rate of 0.0100% pays 1 USDT at the next funding time, and a short of the same size receives it. Only positions open at that moment take part.
Not every contract pays every 8 hours
Binance sets the payment interval contract by contract. Most contracts on this page pay every 4 hours, many every 8 hours (00:00, 08:00 and 16:00 UTC), and the occasional one every hour. A 0.0100% rate paid every hour adds up to eight times as much per day as the same rate paid every 8 hours. Compare rates within the same interval, or use the annualized column, which already accounts for it.
On Binance, 0.0100% every 8 hours, or 0.0050% every 4 hours, is the rate most contracts pay when the perpetual trades close to spot. It comes from the fixed interest-rate part of the funding formula, so a contract at exactly that rate is paying the baseline, even when it appears in the highest table.
What the annualized figure means
Annualized = rate × payments per day × 365, using the rate as shown in the table. Use it to compare rates paid on different schedules. Funding is recalculated every interval and extreme rates rarely last long, so the annualized number is not something anyone earns or pays over a year.
Premium
Premium is the gap between the contract’s mark price and the spot index, in percent of the index. A positive premium means the perpetual trades above spot, which is what pushes funding up; a negative premium pushes it down.
Reading the extremes
The top table shows where longs are paying the most to hold their positions, the bottom table where shorts are. Extreme funding tells you which side is crowded and paying for it. It does not tell you when the crowd gives up: a squeeze needs price to move against the crowded side first. Check the coin’s structure in the market structure screener, then look at the chart. Liquidation-heavy moves often start from sweeps of obvious highs and lows, covered in what a liquidity sweep is.
Questions
When is funding paid on Binance?
At fixed times in UTC that depend on the contract: most contracts on this page pay every 4 hours, many every 8 hours and the occasional one every hour. The Interval and Next funding columns show it for each contract.
Do I pay funding if I close my position before the funding time?
No. Funding is exchanged only between positions that are open at the funding timestamp. A position closed a minute earlier neither pays nor receives that payment.
What does the annualized column mean?
It is the current rate multiplied by the number of payments per day and by 365. It shows how large a rate is compared with others. Funding is reset every interval, so the figure is not a return, a yield or a forecast.
Does high funding mean price will fall?
No. High positive funding means long positions are paying to stay open, which tells you positioning is crowded on that side. Price can keep rising while funding stays high, so check the chart before you act on it.
Descriptive market data, not a forecast and not financial advice. Numbers come from Binance public market data, are calculated automatically and can be delayed or wrong. Trading involves risk; you make your own decisions.
