USDC Funding Rates: Live Across 10 Exchanges

As of 2026-10-03 00:24 UTC, USDC perpetual funding averages -0.0045% per 8 hours (-4.88% APR) across all 10 exchanges that list it, weighted by 24h volume (median 0.0000%). Highest: Bybit at 0.0100% per 8h (10.95% APR). Lowest: Binance at -0.0058% per 8h (-6.30% APR). Going long on Binance and short on Bybit collects a gross spread of 0.0158% per 8 hours (17.25% APR) before fees.

Long USDC on Binance and short on Bybit for a funding gap of 0.0158% 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 USDC funding rate positive right now?

Mostly no. USDC funding is positive on 4 of the 10 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest USDC funding rate?

Bybit at 0.0100% per 8h (10.95% APR). The lowest is Binance at -0.0058% per 8h (-6.30% APR).

What is the USDC funding arbitrage spread?

The gross spread is 0.0158% per 8 hours (17.25% APR): long USDC on Binance and short on Bybit. Trading fees, slippage and price basis reduce the net return.

How often is USDC funding paid?

USDC funding is paid every 8 hours on Bybit, Bitget, KuCoin, Gate, OKX, WEEX, MEXC, Toobit, and Binance; every hour on Kraken. Rates on this page are also shown as APR so they can be compared directly.