Funding rates · T-USDT
T-USDT
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Browse all contracts →T-USDT funding rate today on 4 exchanges
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
-$445.54
$10.0k · 30 days · 1x Long
Last 24 settlements
4 exchangesThe 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
| # | Exchange | 24h volume | Funding rate | Annualised | Bid-ask spread | Cost for a long |
|---|---|---|---|---|---|---|
| 1 | $3.5M | -0.0248%/4h | -54.21% | 0.0218% | -$445.54 | |
| 2 | $897.4k | +0.0033%/4h | 7.31% | 0.0654% | +$60.12 | |
| 3 | $140.7k | +0.0050%/4h | 10.95% | 0.131% | +$90.00 | |
| 4 | $52.7k | +0.0050%/4h | 10.95% | 0.0436% | +$90.00 |
Enter your monthly volume, order mix and holding time to compare trading fees, funding and spread on each exchange, cheapest first.
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.
T-USDT
T 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 |
|---|---|---|---|---|---|---|---|
| 236 /4h | -$333.48 | -$2,417.80 | -$5,795.68 | -294.17% | 51% | -2.0000% / +0.0050% | |
| 334 /4h | -$446.79 | -$2,066.24 | -$5,269.73 | -251.39% | 25% | -2.0000% / +0.0050% | |
| 278 /4h | -$353.38 | -$2,019.79 | -$5,396.92 | -245.74% | 26% | -2.0000% / +0.0146% | |
| 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) | Bybit | Binance | Gate | Bitget |
|---|---|---|---|---|
| 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.