NIL funding rate comparison
Live perpetual-futures funding for NIL across 3 exchanges, ranked by annualized rate. A positive rate means longs pay shorts.
| Exchange | Per interval | Per day | APR (annualized) | |
|---|---|---|---|---|
| Binance | +0.0050% | +0.0150% | +5.47% | Trade NIL → |
| Bybit | +0.0050% | +0.0150% | +5.47% | Trade NIL → |
| Gate | -0.0041% | -0.0123% | -4.49% | Trade NIL → |
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 NIL: Gate (-4.49% APR) — the least you pay (or the most you get paid) to hold a long.
- Cheapest to be short NIL: Binance (+5.47% APR).
- Funding is paid between traders, not to the exchange. The exchange still charges a separate trading fee.