# USDC Funding Rates

As of 2026-10-03 02:28 UTC, USDC perpetual funding averages -0.0049% per 8 hours (-5.32% 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: Toobit at -0.0063% per 8h (-6.86% APR). Going long on Toobit and short on Bybit collects a gross spread of 0.0163% per 8 hours (17.81% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Bybit](https://arbtide.com/funding-rates/usdc/bybit) | [USDC/USDT:USDT](https://www.bybit.com/trade/usdt/USDCUSDT) | 0.0100% | 8h | 10.95% | 2026-10-03 08:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/usdc/bitget) | [USDC/USDT:USDT](https://www.bitget.com/futures/usdt/USDCUSDT) | 0.0100% | 8h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/usdc/gate) | [USDC/USDT:USDT](https://www.gate.com/futures/USDT/USDC_USDT) | 0.0100% | 8h | 10.95% | 2026-10-03 08:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/usdc/kucoin) | [USDC/USDT:USDT](https://www.kucoin.com/trade/futures/USDCUSDTM) | 0.0100% | 8h | 10.95% | 2026-10-03 08:00 UTC |
| [OKX](https://arbtide.com/funding-rates/usdc/okx) | [USDC/USDT:USDT](https://www.okx.com/trade-swap/usdc-usdt-swap) | 0.0000% | 8h | 0.00% | 2026-10-03 08:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/usdc/weex) | [USDC/USDT:USDT](https://www.weex.com/futures/USDC-USDT) | 0.0000% | 8h | 0.00% | 2026-10-03 02:27 UTC |
| [Kraken](https://arbtide.com/funding-rates/usdc/kraken) | [USDC/USD:USD](https://pro.kraken.com/app/trade/futures-usdc-usd-perp) | -0.0005% | 1h | -4.38% | — |
| [MEXC](https://arbtide.com/funding-rates/usdc/mexc) | [USDC/USDT:USDT](https://www.mexc.com/futures/USDC_USDT) | -0.0062% | 8h | -6.79% | 2026-10-03 08:00 UTC |
| [Binance](https://arbtide.com/funding-rates/usdc/binance) | [USDC/USDT:USDT](https://www.binance.com/en/futures/USDCUSDT) | -0.0063% | 8h | -6.86% | 2026-10-03 08:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/usdc/toobit) | [USDC/USDT:USDT](https://www.toobit.com/en-US/futures/USDC-SWAP-USDT) | -0.0063% | 8h | -6.86% | 2026-10-03 08:00 UTC |

## 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 Toobit at -0.0063% per 8h (-6.86% APR).

### What is the USDC funding arbitrage spread?

The gross spread is 0.0163% per 8 hours (17.81% APR): long USDC on Toobit 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, Gate, KuCoin, OKX, WEEX, MEXC, Binance, and Toobit; every hour on Kraken. Rates on this page are also shown as APR so they can be compared directly.