# PEOPLE Funding Rate on Binance

As of 2026-10-07 05:58 UTC, the PEOPLE perpetual on Binance pays -0.0114% per 8h, -0.0114% per 8 hours (-12.53% APR), so shorts pay longs. That is the 16th highest of 21 exchanges shown, against a volume-weighted average of 0.0038% per 8 hours (4.13% APR). Over the last 7 days Binance averaged 0.0084% per 8 hours (9.22% APR). The next funding is at 2026-10-07 08:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [DigiFinex](https://arbtide.com/funding-rates/people/digifinex) | [PEOPLE/USDT:USDT](https://www.digifinex.com/en-ww/swap/PEOPLEUSDTPERP) | 0.0950% | 8h | 104.02% | 2026-10-07 08:00 UTC |
| [OKX](https://arbtide.com/funding-rates/people/okx) | [PEOPLE/USDT:USDT](https://www.okx.com/trade-swap/people-usdt-swap) | 0.0100% | 8h | 10.95% | 2026-10-07 08:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/people/bitget) | [PEOPLE/USDT:USDT](https://www.bitget.com/futures/usdt/PEOPLEUSDT) | 0.0100% | 8h | 10.95% | — |
| [MEXC](https://arbtide.com/funding-rates/people/mexc) | [PEOPLE/USDT:USDT](https://www.mexc.com/futures/PEOPLE_USDT) | 0.0100% | 8h | 10.95% | 2026-10-07 08:00 UTC |
| [BingX](https://arbtide.com/funding-rates/people/bingx) | [PEOPLE/USDT:USDT](https://bingx.com/en/perpetual/PEOPLE-USDT) | 0.0100% | 8h | 10.95% | — |
| [HTX](https://arbtide.com/funding-rates/people/htx) | [PEOPLE/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=PEOPLE-USDT&contract_type=swap&type=cross) | 0.0100% | 8h | 10.95% | 2026-10-07 08:00 UTC |
| [WhiteBIT](https://arbtide.com/funding-rates/people/whitebit) | [PEOPLE/USDT:USDT](https://whitebit.com/trade/PEOPLE-PERP?type=futures) | 0.0100% | 8h | 10.95% | 2026-10-07 08:00 UTC |
| [BTSE](https://arbtide.com/funding-rates/people/btse) | [PEOPLE/USDT:USDT](https://www.btse.com/en/futures/PEOPLE-PERP) | 0.0100% | 8h | 10.95% | — |
| [WEEX](https://arbtide.com/funding-rates/people/weex) | [PEOPLE/USDT:USDT](https://www.weex.com/futures/PEOPLE-USDT) | 0.0100% | 8h | 10.95% | 2026-10-07 05:58 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/people/hyperliquid) | [PEOPLE/USDC:USDC](https://app.hyperliquid.xyz/trade/PEOPLE) | 0.0013% | 1h | 10.95% | 2026-10-07 06:00 UTC |
| [Aster](https://arbtide.com/funding-rates/people/aster) | [PEOPLE/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/PEOPLEUSDT) | 0.0100% | 8h | 10.95% | — |
| [Deepcoin](https://arbtide.com/funding-rates/people/deepcoin) | [PEOPLE/USDT:USDT](https://www.deepcoin.com/en/swap/PEOPLE-USDT) | 0.0094% | 8h | 10.29% | — |
| [Bybit](https://arbtide.com/funding-rates/people/bybit) | [PEOPLE/USDT:USDT](https://www.bybit.com/trade/usdt/PEOPLEUSDT) | 0.0061% | 8h | 6.64% | 2026-10-07 08:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/people/kucoin) | [PEOPLE/USDT:USDT](https://www.kucoin.com/trade/futures/PEOPLEUSDTM) | -0.0093% | 8h | -10.18% | 2026-10-07 08:00 UTC |
| [Extended](https://arbtide.com/funding-rates/people/extended) | [PEOPLE/USDC:USDC](https://app.extended.exchange/perp/PEOPLE-USD) | -0.0014% | 1h | -12.26% | 2026-10-07 06:00 UTC |
| [Binance](https://arbtide.com/funding-rates/people/binance) | [PEOPLE/USDT:USDT](https://www.binance.com/en/futures/PEOPLEUSDT) | -0.0114% | 8h | -12.53% | 2026-10-07 08:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/people/xt) | [PEOPLE/USDT:USDT](https://www.xt.com/en/futures/trade/people_usdt) | -0.0114% | 8h | -12.53% | 2026-10-07 08:00 UTC |
| [LBank](https://arbtide.com/funding-rates/people/lbank) | [PEOPLE/USDT:USDT](https://www.lbank.com/futures/peopleusdt) | -0.0114% | 8h | -12.53% | 2026-10-07 08:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/people/toobit) | [PEOPLE/USDT:USDT](https://www.toobit.com/en-US/futures/PEOPLE-SWAP-USDT) | -0.0114% | 8h | -12.53% | 2026-10-07 08:00 UTC |
| [Kraken](https://arbtide.com/funding-rates/people/kraken) | [PEOPLE/USD:USD](https://pro.kraken.com/app/trade/futures-people-usd-perp) | -0.0015% | 1h | -12.76% | — |
| [Gate](https://arbtide.com/funding-rates/people/gate) | [PEOPLE/USDT:USDT](https://www.gate.com/futures/USDT/PEOPLE_USDT) | -0.0235% | 8h | -25.73% | 2026-10-07 08:00 UTC |

## Frequently asked questions

### What is the PEOPLE funding rate on Binance?

-0.0114% per 8h, or -0.0114% per 8 hours (-12.53% APR), so shorts pay longs. The 7-day average is 0.0084% per 8 hours (9.22% APR).

### How often does Binance pay PEOPLE funding?

Every 8 hours. The next payment is at 2026-10-07 08:00 UTC.

### Is PEOPLE funding on Binance higher than on other exchanges?

Binance is the 16th highest of 21 exchanges shown. The highest is DigiFinex at 0.0950% per 8h (104.02% APR) and the lowest is Gate at -0.0235% per 8h (-25.73% APR).

### How do you arbitrage PEOPLE funding with Binance?

Long PEOPLE on Binance and short on DigiFinex for a gross spread of 0.1064% per 8 hours (116.55% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.