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Funding rates · T-USDT

Live T-USDT perpetual funding rates on Binance, Bybit, Bitget and Gate, converted into what holding the position costs in dollars.

Updated 2026-11-04 10:15 UTC

T-USDT

Cost of holding this position

4 exchanges

-$445.54

$10.0k · 30 days · 1x Long

ExchangeBinanceDeep liquidity
of your margin-4.46%
Open a Binance account Referral link · 20% off trading fees

Last 24 settlements

4 exchanges
BinanceDeep liquidity-0.0248%
BybitDerivatives+0.0033%
BitgetCopy trading+0.0050%
GateWide selection+0.0050%

The estimate assumes today's funding rate stays the same for the whole holding period. In practice the rate changes at every settlement.

T-USDT · Long

T funding rate by exchange

4 exchanges
#Exchange24h volume Funding rateAnnualised Bid-ask spread Cost for a long
1 BinanceDeep liquidity Cheapest $3.5M -0.0248%/4h -54.21% 0.0218% -$445.54
2 BybitDerivatives $897.4k +0.0033%/4h 7.31% 0.0654% +$60.12
3 BitgetCopy trading $140.7k +0.0050%/4h 10.95% 0.131% +$90.00
4 GateWide selection $52.7k +0.0050%/4h 10.95% 0.0436% +$90.00
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T-USDT

Where holding T was cheapest over 90 days

Over the last 90 days a $10,000 long received $5,795.68 in funding on Bybit, the cheapest of 4 exchanges, and received $5,056.87 on Bitget, the most expensive: a difference of $738.81.

The ranking runs the other way for shorts: a $10,000 short paid $5,056.87 on Bitget, the best exchange for a short.

The ranking has moved: over the last 7 days the cheapest for longs was Binance, 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.

Bybit -$5,795.68
Gate -$5,396.92
Binance -$5,269.73
Bitget -$5,056.87

T-USDT

T funding rate history: last 90 days

Download CSV

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 236 /4h -$333.48 -$2,417.80 -$5,795.68 -294.17% 51% -2.0000% / +0.0050%
Binance 334 /4h -$446.79 -$2,066.24 -$5,269.73 -251.39% 25% -2.0000% / +0.0050%
Gate 278 /4h -$353.38 -$2,019.79 -$5,396.92 -245.74% 26% -2.0000% / +0.0146%
Bitget 336 /4h -$392.01 -$1,950.37 -$5,056.87 -237.30% 31% -1.8750% / +0.0050%

T-USDT

T 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) BybitBinanceGateBitget
2026-11-03-0.2199%-0.1943%-0.2827%-0.0373%
2026-11-02-0.5605%-0.5205%-0.6092%-0.1975%
2026-11-01-0.4953%-0.4819%-0.5991%-0.3732%
2026-10-31-0.8256%-1.0098%-0.5801%-1.0095%
2026-10-30-0.0526%-0.5340%-0.0837%-0.8878%
2026-10-29-0.9505%-1.3045%-1.0987%-1.1363%
2026-10-28-0.0943%-0.6048%-0.4941%-0.5511%
2026-10-27-0.9714%-1.5704%-1.5204%-1.4919%
2026-10-26-3.0851%-3.7122%-3.6922%-3.4421%
2026-10-25-16.8183%-10.5024%-10.5274%-10.2557%
2026-10-24-0.0783%-0.0249%-0.1144%-0.0416%
2026-10-23-0.0060%-0.0303%-0.0474%-0.0286%
2026-10-22-0.1020%-0.0822%-0.0277%-0.1161%
2026-10-21+0.0300%+0.0298%+0.0185%+0.0218%

T-USDT

T funding rate: common questions

Do longs or shorts pay T funding right now?

It depends on the exchange. Longs pay on Bybit, Bitget and Gate, while shorts pay on Binance, so the same T position costs money on one exchange and earns it on another.

Is the T funding rate high right now?

Not unusually. At the last settlement on Binance the rate was -0.0190%, close to its typical size of 0.0189% per settlement over the past 30 days.

Is the T perpetual trading above or below spot?

Below. On the 4 exchanges that publish an index price, the T perpetual's mark price is 0.1307% to 0.3159% 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 T over the last 90 days?

Over the last 90 days a $10,000 long received $5,795.68 in funding on Bybit, the cheapest of 4 exchanges, and received $5,056.87 on Bitget, the most expensive: a difference of $738.81.

The ranking runs the other way for shorts: a $10,000 short paid $5,056.87 on Bitget, the best exchange for a short.

The ranking has moved: over the last 7 days the cheapest for longs was Binance, and over 30 days Bybit, so check the recent figures before relying on the 90-day result.

Which exchange has the most T perpetual trading volume?

Binance has the most: 76.4% of the $4.6M in T perpetual futures traded across these exchanges in the last 24 hours, followed by Bybit with 19.5%.

Open interest adds up to $2.1M on the exchanges that report it, the largest share on Bybit (54.8%).

When is the next T funding payment?

Binance, Bybit, Bitget and Gate: every 4 hours, next at 2026-11-04 12:00 UTC.

Only positions that are open at the settlement time pay or receive funding.

What was the highest T funding rate in the last 30 days?

The highest settled rate was +0.0146% on Gate (2026-10-20 04:00 UTC); the lowest was -2.0000% on Bybit (2026-10-25 10:00 UTC).

On Binance the rate switched between positive and negative 41 times over the 30 days.

How much has T 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 -$2,417.80 on Bybit, the least, and -$1,950.37 on Bitget, the most.

Over the past 90 days it would have cost -$5,795.68 on Bybit, the least, and -$5,056.87 on Bitget, 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.

Funding rates for other perpetual contracts