# NG Funding Rate on Toobit

As of 2026-10-05 09:38 UTC, the NG perpetual on Toobit pays -0.0199% per 4h, -0.0397% per 8 hours (-43.51% APR), so shorts pay longs. That is the 5th highest of 5 exchanges shown, against a volume-weighted average of 0.0263% per 8 hours (28.82% APR). Over the last 7 days Toobit averaged -0.0137% per 8 hours (-14.99% APR). The next funding is at 2026-10-05 12:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Gate](https://arbtide.com/funding-rates/ng/gate) | [NG/USDT:USDT](https://www.gate.com/futures/USDT/NG_USDT) | 0.0839% | 8h | 91.87% | 2026-10-05 16:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/ng/weex) | [NG/USDT:USDT](https://www.weex.com/futures/NG-USDT) | 0.0697% | 8h | 76.32% | 2026-10-05 09:38 UTC |
| [OKX](https://arbtide.com/funding-rates/ng/okx) | [NG/USDT:USDT](https://www.okx.com/trade-swap/ng-usdt-swap) | 0.0401% | 8h | 43.86% | 2026-10-05 16:00 UTC |
| [Paradex](https://arbtide.com/funding-rates/ng/paradex) | [NG/USD:USDC](https://app.paradex.trade/trade/NG-USD-PERP) | 0.0086% | 8h | 9.40% | — |
| [Toobit](https://arbtide.com/funding-rates/ng/toobit) | [NG/USDT:USDT](https://www.toobit.com/en-US/futures/NG-SWAP-USDT) | -0.0199% | 4h | -43.51% | 2026-10-05 12:00 UTC |

## Frequently asked questions

### What is the NG funding rate on Toobit?

-0.0199% per 4h, or -0.0397% per 8 hours (-43.51% APR), so shorts pay longs. The 7-day average is -0.0137% per 8 hours (-14.99% APR).

### How often does Toobit pay NG funding?

Every 4 hours. The next payment is at 2026-10-05 12:00 UTC.

### Is NG funding on Toobit higher than on other exchanges?

Toobit is the 5th highest of 5 exchanges shown. The highest is Gate at 0.0839% per 8h (91.87% APR) and the lowest is Toobit at -0.0199% per 4h (-43.51% APR).

### How do you arbitrage NG funding with Toobit?

Long NG on Toobit and short on Gate for a gross spread of 0.1236% per 8 hours (135.38% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.