Meridian Funding

USD1 funding rate comparison

Live perpetual-futures funding for USD1 across 2 exchanges, ranked by annualized rate. A positive rate means longs pay shorts.

ExchangePer intervalPer dayAPR (annualized)
Bybit +0.0050% +0.0150% +5.47% Trade USD1 →
Gate -0.0088% -0.0264% -9.64% Trade USD1 →

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 USD1: Gate (-9.64% APR) — the least you pay (or the most you get paid) to hold a long.
  • Cheapest to be short USD1: Bybit (+5.47% APR).
  • Funding is paid between traders, not to the exchange. The exchange still charges a separate trading fee.

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