Meridian Funding

BTC funding rate comparison

Live perpetual-futures funding for BTC across 3 exchanges, ranked by annualized rate. A positive rate means longs pay shorts.

ExchangePer intervalPer dayAPR (annualized)
Bybit +0.0100% +0.0300% +10.95% Trade BTC →
Binance +0.0089% +0.0266% +9.71% Trade BTC →
Gate +0.0032% +0.0096% +3.50% Trade BTC →

As of 2026-06-22 13:38 UTC. APR assumes the current rate repeats at each funding interval (typically every 8h = 3×/day).

How to read this

  • Cheapest to be long BTC: Gate (+3.50% APR) — the least you pay (or the most you get paid) to hold a long.
  • Cheapest to be short BTC: Bybit (+10.95% APR).
  • Funding is paid between traders, not to the exchange. The exchange still charges a separate trading fee.

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