W Funding Rates: Live Across 20 Exchanges

As of 2026-10-04 00:59 UTC, W perpetual funding averages 0.0087% per 8 hours (9.51% APR) across all 20 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: Binance at 0.0050% per 4h (10.95% APR). Lowest: Gate at -0.0466% per 4h (-102.05% APR). Going long on Gate and short on Binance collects a gross spread of 0.1032% per 8 hours (113.00% APR) before fees.

Long W on Gate and short on Binance for a funding gap of 0.1032% 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 W funding rate positive right now?

Mostly yes. W funding is positive on 18 of the 20 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest W funding rate?

Binance at 0.0050% per 4h (10.95% APR). The lowest is Gate at -0.0466% per 4h (-102.05% APR).

What is the W funding arbitrage spread?

The gross spread is 0.1032% per 8 hours (113.00% APR): long W on Gate and short on Binance. Trading fees, slippage and price basis reduce the net return.

How often is W funding paid?

W funding is paid every 8 hours on Deepcoin; every 4 hours on Binance, Bybit, Bitget, KuCoin, MEXC, BingX, WhiteBIT, BTSE, XT.COM, LBank, WEEX, Toobit, OKX, and Gate; every hour on Kraken, Extended, Backpack, Hyperliquid, and Crypto.com. Rates on this page are also shown as APR so they can be compared directly.