# M Funding Rates

As of 2026-10-04 02:22 UTC, M perpetual funding averages 0.0127% per 8 hours (13.89% APR) across all 14 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: KuCoin at 0.0178% per 4h (38.98% APR). Lowest: WOOFi Pro at 0.0050% per 4h (10.95% APR). Going long on WOOFi Pro and short on KuCoin collects a gross spread of 0.0256% per 8 hours (28.03% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [KuCoin](https://arbtide.com/funding-rates/m/kucoin) | [M/USDT:USDT](https://www.kucoin.com/trade/futures/MUSDTM) | 0.0178% | 4h | 38.98% | 2026-10-04 04:00 UTC |
| [Binance](https://arbtide.com/funding-rates/m/binance) | [M/USDT:USDT](https://www.binance.com/en/futures/MUSDT) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/m/bybit) | [M/USDT:USDT](https://www.bybit.com/trade/usdt/MUSDT) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/m/bitget) | [M/USDT:USDT](https://www.bitget.com/futures/usdt/MUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/m/gate) | [M/USDT:USDT](https://www.gate.com/futures/USDT/M_USDT) | 0.0100% | 8h | 10.95% | 2026-10-04 08:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/m/mexc) | [M/USDT:USDT](https://www.mexc.com/futures/M_USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [BingX](https://arbtide.com/funding-rates/m/bingx) | [M/USDT:USDT](https://bingx.com/en/perpetual/M-USDT) | 0.0050% | 4h | 10.95% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/m/whitebit) | [M/USDT:USDT](https://whitebit.com/trade/M-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/m/xt) | [M/USDT:USDT](https://www.xt.com/en/futures/trade/m_usdt) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [LBank](https://arbtide.com/funding-rates/m/lbank) | [M/USDT:USDT](https://www.lbank.com/futures/musdt) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/m/weex) | [M/USDT:USDT](https://www.weex.com/futures/M-USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 02:21 UTC |
| [Toobit](https://arbtide.com/funding-rates/m/toobit) | [M/USDT:USDT](https://www.toobit.com/en-US/futures/M-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [Aster](https://arbtide.com/funding-rates/m/aster) | [M/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/MUSDT) | 0.0050% | 4h | 10.95% | — |
| [WOOFi Pro](https://arbtide.com/funding-rates/m/woofipro) | [M/USDC:USDC](https://pro.woofi.com/en/trade/M_PERP) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |

## Frequently asked questions

### Is the M funding rate positive right now?

Yes. M funding is positive on 14 of the 14 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest M funding rate?

KuCoin at 0.0178% per 4h (38.98% APR). The lowest is WOOFi Pro at 0.0050% per 4h (10.95% APR).

### What is the M funding arbitrage spread?

The gross spread is 0.0256% per 8 hours (28.03% APR): long M on WOOFi Pro and short on KuCoin. Trading fees, slippage and price basis reduce the net return.

### How often is M funding paid?

M funding is paid every 8 hours on Gate; every 4 hours on KuCoin, Binance, Bybit, Bitget, MEXC, BingX, WhiteBIT, XT.COM, LBank, WEEX, Toobit, Aster, and WOOFi Pro. Rates on this page are also shown as APR so they can be compared directly.