NIL Funding Rates: Live Across 16 Exchanges

As of 2026-10-03 08:36 UTC, NIL perpetual funding averages 0.0100% per 8 hours (10.95% APR) across all 16 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: XT.COM at 0.0050% per 4h (11.02% APR). Lowest: Hyperliquid at 0.0013% per 1h (10.95% APR). Going long on Hyperliquid and short on XT.COM collects a gross spread of 0.0001% per 8 hours (0.07% APR) before fees.

Long NIL on Hyperliquid and short on XT.COM for a funding gap of 0.0001% per 8 hours. Trading fees, slippage and the price basis between venues reduce the net return; the funding table shows it after fees for your size. See how this gap moved. Learn how funding rate arbitrage works and what a funding rate is.

Frequently asked questions

Is the NIL funding rate positive right now?

Yes. NIL funding is positive on 16 of the 16 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest NIL funding rate?

XT.COM at 0.0050% per 4h (11.02% APR). The lowest is Hyperliquid at 0.0013% per 1h (10.95% APR).

What is the NIL funding arbitrage spread?

The gross spread is 0.0001% per 8 hours (0.07% APR): long NIL on Hyperliquid and short on XT.COM. Trading fees, slippage and price basis reduce the net return.

How often is NIL funding paid?

NIL funding is paid every 4 hours on XT.COM, Binance, Bybit, Bitget, Gate, KuCoin, MEXC, BingX, HTX, WhiteBIT, LBank, WEEX, Toobit, and Aster; every hour on Extended and Hyperliquid. Rates on this page are also shown as APR so they can be compared directly.