# NIL Funding Rates

As of 2026-10-03 09:33 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 (11.04% 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 (0.09% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Extended](https://arbtide.com/funding-rates/nil/extended) | [NIL/USDC:USDC](https://app.extended.exchange/perp/NIL-USD) | 0.0013% | 1h | 11.39% | 2026-10-03 10:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/nil/xt) | [NIL/USDT:USDT](https://www.xt.com/en/futures/trade/nil_usdt) | 0.0050% | 4h | 11.04% | 2026-10-03 12:00 UTC |
| [Binance](https://arbtide.com/funding-rates/nil/binance) | [NIL/USDT:USDT](https://www.binance.com/en/futures/NILUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/nil/bybit) | [NIL/USDT:USDT](https://www.bybit.com/trade/usdt/NILUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/nil/bitget) | [NIL/USDT:USDT](https://www.bitget.com/futures/usdt/NILUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/nil/gate) | [NIL/USDT:USDT](https://www.gate.com/futures/USDT/NIL_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/nil/kucoin) | [NIL/USDT:USDT](https://www.kucoin.com/trade/futures/NILUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/nil/mexc) | [NIL/USDT:USDT](https://www.mexc.com/futures/NIL_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [BingX](https://arbtide.com/funding-rates/nil/bingx) | [NIL/USDT:USDT](https://bingx.com/en/perpetual/NIL-USDT) | 0.0050% | 4h | 10.95% | — |
| [HTX](https://arbtide.com/funding-rates/nil/htx) | [NIL/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=NIL-USDT&contract_type=swap&type=cross) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [WhiteBIT](https://arbtide.com/funding-rates/nil/whitebit) | [NIL/USDT:USDT](https://whitebit.com/trade/NIL-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [LBank](https://arbtide.com/funding-rates/nil/lbank) | [NIL/USDT:USDT](https://www.lbank.com/futures/nilusdt) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/nil/weex) | [NIL/USDT:USDT](https://www.weex.com/futures/NIL-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 09:33 UTC |
| [Toobit](https://arbtide.com/funding-rates/nil/toobit) | [NIL/USDT:USDT](https://www.toobit.com/en-US/futures/NIL-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/nil/hyperliquid) | [NIL/USDC:USDC](https://app.hyperliquid.xyz/trade/NIL) | 0.0013% | 1h | 10.95% | 2026-10-03 10:00 UTC |
| [Aster](https://arbtide.com/funding-rates/nil/aster) | [NIL/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/NILUSDT) | 0.0050% | 4h | 10.95% | — |

## 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 (11.04% 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 (0.09% 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.
