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Funding rates · MEW-USDT
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Browse all contracts →MEW-USDT funding rate today on 5 exchanges
Live MEW-USDT perpetual funding rates on Binance, OKX, Bybit, Bitget and Gate, converted into what holding the position costs in dollars.
Updated 2026-10-21 00:52 UTC
MEW-USDT
Cost of holding this position
-$35,135.10
$10.0k · 30 days · 1x Long
BybitDerivativesLast 24 settlements
5 exchangesBybitDerivatives-1.9519%
GateWide selection-1.1875%
OKXTrading tools-0.4133%
BinanceDeep liquidity-0.3963%
BitgetCopy trading-0.3651%The estimate assumes today's funding rate stays the same for the whole holding period. In practice the rate changes at every settlement.
MEW-USDT · Long
MEW funding rate by exchange
| # | Exchange | 24h volume | Funding rate | Annualised | Bid-ask spread | Cost for a long |
|---|---|---|---|---|---|---|
| 1 | BybitDerivatives Cheapest |
$2.4M | -1.9519%/4h | -4274.77% | 0.0429% | -$35,135.10 |
| 2 | GateWide selection |
$354.5k | -1.1875%/4h | -2600.62% | 0.151% | -$21,375.00 |
| 3 | OKXTrading tools |
$4.2M | -0.4133%/4h | -905.13% | 0.0432% | -$7,439.41 |
| 4 | BinanceDeep liquidity |
$6.9M | -0.3963%/4h | -867.91% | 0.0216% | -$7,133.53 |
| 5 | BitgetCopy trading |
$780.0k | -0.3651%/4h | -799.57% | 0.346% | -$6,571.80 |
Enter your monthly volume, order mix and holding time to compare trading fees, funding and spread on each exchange, cheapest first.
MEW-USDT
Where holding MEW was cheapest over 90 days
Over the last 90 days a $10,000 long paid $55.32 in funding on Bitget, the cheapest of 5 exchanges, and paid $123.64 on Binance, the most expensive: a difference of $68.32.
The ranking runs the other way for shorts: a $10,000 short received $123.64 on Binance, the best exchange for a short.
The ranking has moved: over the last 7 days the cheapest for longs was OKX, and over 30 days Bybit, so check the recent figures before relying on the 90-day result.
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.
Bitget
+$55.32
OKX
+$56.48
Bybit
+$85.91
Gate
+$108.81
Binance
+$123.64
MEW-USDT
MEW 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 |
|---|---|---|---|---|---|---|---|
| Bybit |
180 /4h | +$13.21 | -$59.70 | +$85.91 | -7.26% | 90% | -0.5070% / +0.0050% |
| OKX |
180 /4h | +$9.94 | -$58.45 | +$56.48 | -7.11% | 88% | -0.4040% / +0.0050% |
| Gate |
180 /4h | +$21.00 | -$54.45 | +$108.81 | -6.62% | 94% | -0.3966% / +0.0050% |
| Binance |
180 /4h | +$19.67 | -$38.61 | +$123.64 | -4.70% | 94% | -0.3809% / +0.0050% |
| Bitget |
180 /4h | +$18.33 | -$28.01 | +$55.32 | -3.41% | 96% | -0.3558% / +0.0050% |
MEW-USDT
MEW 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) | Bybit | OKX | Gate | Binance | Bitget |
|---|---|---|---|---|---|
| 2026-10-20 | +0.0164% | +0.0251% | +0.0300% | +0.0300% | +0.0113% |
| 2026-10-19 | -0.0106% | +0.0300% | +0.0300% | +0.0221% | +0.0257% |
| 2026-10-18 | +0.0300% | -0.0138% | +0.0300% | +0.0246% | +0.0300% |
| 2026-10-17 | +0.0256% | +0.0118% | +0.0300% | +0.0300% | +0.0300% |
| 2026-10-16 | +0.0300% | +0.0237% | +0.0300% | +0.0300% | +0.0300% |
| 2026-10-15 | +0.0300% | +0.0243% | +0.0300% | +0.0300% | +0.0269% |
| 2026-10-14 | +0.0264% | -0.0018% | +0.0300% | +0.0300% | +0.0300% |
| 2026-10-13 | -0.0119% | -0.0068% | +0.0300% | +0.0300% | +0.0300% |
| 2026-10-12 | +0.0300% | +0.0289% | +0.0300% | +0.0300% | +0.0300% |
| 2026-10-11 | +0.0300% | +0.0300% | +0.0300% | +0.0300% | +0.0300% |
| 2026-10-10 | +0.0300% | +0.0300% | +0.0300% | +0.0300% | +0.0300% |
| 2026-10-09 | +0.0276% | +0.0112% | +0.0300% | +0.0300% | +0.0300% |
| 2026-10-08 | +0.0300% | +0.0041% | +0.0300% | +0.0300% | +0.0300% |
| 2026-10-07 | +0.0300% | +0.0246% | +0.0300% | +0.0300% | +0.0300% |
MEW-USDT
MEW funding rate: common questions
Do longs or shorts pay MEW funding right now?
Shorts pay longs on all 5 exchanges. The next MEW funding rate is negative everywhere, from -0.3651% on Bitget to -1.9519% on Bybit.
On Binance the rate has been positive for 11 settlements in a row, so this is a lasting cost for longs rather than a one-off spike.
Is the MEW 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 MEW perpetual trading above or below spot?
Below. On the 5 exchanges that publish an index price, the MEW perpetual's mark price is 2.4253% to 3.3666% below the spot index. Exchanges combine this discount with a small interest component to set the next funding rate, so a lasting discount pulls funding down, although many contracts stay at the default +0.0100% until the discount is large.
Which exchange was cheapest for holding MEW over the last 90 days?
Over the last 90 days a $10,000 long paid $55.32 in funding on Bitget, the cheapest of 5 exchanges, and paid $123.64 on Binance, the most expensive: a difference of $68.32.
The ranking runs the other way for shorts: a $10,000 short received $123.64 on Binance, the best exchange for a short.
The ranking has moved: over the last 7 days the cheapest for longs was OKX, and over 30 days Bybit, so check the recent figures before relying on the 90-day result.
Which exchange has the most MEW perpetual trading volume?
Binance has the most: 47.2% of the $14.6M in MEW perpetual futures traded across these exchanges in the last 24 hours, followed by OKX with 28.6%.
Open interest adds up to $5.4M on the exchanges that report it, the largest share on Bybit (35.8%).
When is the next MEW funding payment?
Binance, OKX, Bybit, Bitget and Gate: every 4 hours, next at 2026-10-21 04:00 UTC.
Only positions that are open at the settlement time pay or receive funding.
What was the highest MEW funding rate in the last 30 days?
The highest settled rate was +0.0050% on OKX (2026-10-21 00:00 UTC); the lowest was -0.5070% on Bybit (2026-09-30 08:00 UTC).
On Binance the rate switched between positive and negative 8 times over the 30 days.
How much has MEW 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 -$59.70 on Bybit, the least, and -$28.01 on Bitget, the most.
Over the past 90 days it would have cost $55.32 on Bitget, the least, and $123.64 on Binance, the most.
A negative amount means the long position was paid funding instead of charged.
Funding rates are reset at every settlement, so these answers describe today's market, not a forecast.