vibgg
Funding rates · M-USDT
M-USDT
BTC-USDT5 exchanges
ETH-USDT5 exchanges
ZEC-USDT5 exchanges
SOL-USDT5 exchanges
BTC-USDC1 exchange
ETH-USDC1 exchange
SOXL-USDT4 exchanges
NEAR-USDT5 exchanges
XRP-USDT5 exchanges
SNDK-USDT4 exchanges
XAU-USDT4 exchanges
WLD-USDT5 exchanges
M-USDT4 exchanges
Current
No matching contract
Browse all contracts →M-USDT funding rate today on 4 exchanges
Live M-USDT perpetual funding rates on Binance, Bybit, Bitget and Gate, converted into what holding the position costs in dollars.
Updated 2026-10-21 00:10 UTC
M-USDT
Cost of holding this position
+$90.00
$10.0k · 30 days · 1x Long
BinanceDeep liquidityLast 24 settlements
4 exchangesBinanceDeep liquidity+0.0050%
BybitDerivatives+0.0050%
BitgetCopy trading+0.0050%
GateWide selection+0.0100%The estimate assumes today's funding rate stays the same for the whole holding period. In practice the rate changes at every settlement.
M-USDT · Long
M funding rate by exchange
| # | Exchange | 24h volume | Funding rate | Annualised | Bid-ask spread | Cost for a long |
|---|---|---|---|---|---|---|
| 1 | BinanceDeep liquidity Cheapest |
$4.3M | +0.0050%/4h | 10.95% | 0.0519% | +$90.00 |
| 2 | BybitDerivatives |
$1.6M | +0.0050%/4h | 10.95% | 0.0777% | +$90.00 |
| 3 | BitgetCopy trading |
$749.4k | +0.0050%/4h | 10.95% | 0.182% | +$90.00 |
| 4 | GateWide selection |
$1.1M | +0.0100%/8h | 10.95% | 0.0909% | +$90.00 |
Enter your monthly volume, order mix and holding time to compare trading fees, funding and spread on each exchange, cheapest first.
M-USDT
Where holding M was cheapest over 90 days
Over the last 90 days a $10,000 long paid $253.82 in funding on Gate, the cheapest of 4 exchanges, and paid $714.47 on Bybit, the most expensive: a difference of $460.65.
The ranking runs the other way for shorts: a $10,000 short received $714.47 on Bybit, the best exchange for a short.
Gate was also the cheapest for longs over the last 7 and 30 days, so the ranking has held.
Running total of funding paid by a $10,000 long, day by day, on one scale for every exchange. Above the line the long paid; below it, it received.
Gate
+$253.82
Bitget
+$550.37
Binance
+$685.39
Bybit
+$714.47
M-USDT
M funding rate history: last 90 days
What a $10,000 long position would have paid (+) or received (−) in funding on each exchange, at the funding rates each exchange published for every settlement. For a short, the signs are reversed.
| Exchange | Settlements | Last 7 days | Last 30 days | Last 90 days | Average, annualised | Positive settlements | Lowest / highest |
|---|---|---|---|---|---|---|---|
| Gate |
90 /8h | +$13.12 | +$79.19 | +$253.82 | 9.63% | 96% | -0.0182% / +0.0100% |
| Bybit |
180 /4h | +$21.86 | +$114.98 | +$714.47 | 13.99% | 100% | +0.0050% / +0.0740% |
| Bitget |
180 /4h | +$15.31 | +$182.19 | +$550.37 | 22.17% | 97% | -0.0129% / +0.1646% |
| Binance |
180 /4h | +$23.86 | +$209.22 | +$685.39 | 25.45% | 99% | -0.0007% / +0.0761% |
M-USDT
M funding rate history by day
Each cell adds up every settlement on that exchange during one UTC day. Multiply by your position size for the day's payment: +0.0300% on $10,000 is $3.
| Date (UTC) | Gate | Bybit | Bitget | Binance |
|---|---|---|---|---|
| 2026-10-20 | +0.0070% | +0.0300% | -0.0097% | +0.0204% |
| 2026-10-19 | +0.0031% | +0.0300% | +0.0128% | +0.0588% |
| 2026-10-18 | +0.0282% | +0.0300% | +0.0300% | +0.0394% |
| 2026-10-17 | +0.0273% | +0.0300% | +0.0300% | +0.0300% |
| 2026-10-16 | +0.0079% | +0.0300% | +0.0300% | +0.0300% |
| 2026-10-15 | +0.0277% | +0.0386% | +0.0300% | +0.0300% |
| 2026-10-14 | +0.0300% | +0.0300% | +0.0300% | +0.0300% |
| 2026-10-13 | +0.0289% | +0.0300% | +0.0300% | +0.0300% |
| 2026-10-12 | +0.0300% | +0.0300% | +0.0300% | +0.0300% |
| 2026-10-11 | +0.0300% | +0.0300% | +0.0300% | +0.0300% |
| 2026-10-10 | +0.0300% | +0.0300% | +0.0300% | +0.0300% |
| 2026-10-09 | +0.0300% | +0.0515% | +0.0300% | +0.0300% |
| 2026-10-08 | +0.0300% | +0.0300% | +0.0300% | +0.0300% |
| 2026-10-07 | +0.0300% | +0.0300% | +0.0300% | +0.0407% |
M-USDT
M funding rate: common questions
Do longs or shorts pay M funding right now?
Longs pay shorts on all 4 exchanges. The next M funding rate is positive everywhere, from +0.0050% on Binance to +0.0100% on Gate.
Is the M funding rate high right now?
Not unusually. At the last settlement on Binance the rate was +0.0050%, close to its typical size of 0.0050% per settlement over the past 30 days.
Is the M perpetual trading above or below spot?
It depends on the exchange: the mark price is above the spot index on Binance, Bybit and Bitget and below it on Gate.
Which exchange was cheapest for holding M over the last 90 days?
Over the last 90 days a $10,000 long paid $253.82 in funding on Gate, the cheapest of 4 exchanges, and paid $714.47 on Bybit, the most expensive: a difference of $460.65.
The ranking runs the other way for shorts: a $10,000 short received $714.47 on Bybit, the best exchange for a short.
Gate was also the cheapest for longs over the last 7 and 30 days, so the ranking has held.
Which exchange has the most M perpetual trading volume?
Binance has the most: 55.7% of the $7.8M in M perpetual futures traded across these exchanges in the last 24 hours, followed by Bybit with 20.7%.
Open interest adds up to $4.3M on the exchanges that report it, the largest share on Bybit (49.6%).
When is the next M funding payment?
Binance, Bybit and Bitget: every 4 hours, next at 2026-10-21 04:00 UTC.
Gate: every 8 hours, next at 2026-10-21 08:00 UTC.
Only positions that are open at the settlement time pay or receive funding.
What was the highest M funding rate in the last 30 days?
The highest settled rate was +0.1646% on Bitget (2026-09-28 00:00 UTC); the lowest was -0.0182% on Gate (2026-10-03 08:00 UTC).
On Binance the rate switched between positive and negative 2 times over the 30 days.
How much has M funding cost over the past 30 days?
At the funding rates each exchange published, holding a $10,000 long for the past 30 days would have cost $79.19 on Gate, the least, and $209.22 on Binance, the most.
Over the past 90 days it would have cost $253.82 on Gate, the least, and $714.47 on Bybit, the most.
Funding rates are reset at every settlement, so these answers describe today's market, not a forecast.