CoinPopBit

Funding Rate Live — OKX, Bybit and MEXC USDT Perpetuals

The current funding rate for BTC, ETH, SOL, XRP and DOGE perpetual futures on three exchanges, when it settles next, and what it costs or pays on your position. The table refreshes every 60 seconds while the page is open.

By CoinPop Market Desk · Formula checked 2026-11-13 against the OKX, Bybit and MEXC help centers · Editorial policy

BTC funding, highest of 3
-
BTC funding, lowest of 3
-
Next BTC settlement
-
CoinOKXBybitMEXC
BTC---
ETH---
SOL---
XRP---
DOGE---

Loading funding rates.

Funding Fee Calculator

Pays or receives, per settlement and over time
Per settlement
-
Over holding time
-
Per day at this rate
-

The rate starts with OKX BTC from the table. Position size means notional value (margin × leverage), which is what the exchanges multiply by. A position only pays or receives if it is open at the settlement moment, so the holding-time figure counts whole settlements and assumes the rate stays the same, which it usually does not.

Funding fee formula

Funding fee = Position value × Funding rate Position value (USDT perpetual) = Position size in coins × Mark price Rate > 0: longs pay shorts · Rate < 0: shorts pay longs Per day ≈ Funding fee × (24 ÷ settlement interval in hours)

All three exchanges state the same formula in their help centers. OKX and MEXC value the position at the mark (fair) price at settlement; Bybit uses the mark price as well. The fee moves between traders: the exchange does not keep it.

Example: a 10,000 USDT long with a +0.0100% rate pays 1.00 USDT at that settlement. With an 8-hour interval that is three settlements a day, about 3.00 USDT if the rate stayed the same. A short of the same size would receive those amounts.

Data sources and refresh rate

What the funding rate tells you

Perpetual futures never expire, so exchanges use periodic funding payments between longs and shorts to keep the contract price close to the spot index. When the contract trades above the index, the rate is usually positive and longs pay; when it trades below, the rate turns negative and shorts pay.

A rate that stays well above the usual +0.01% per 8 hours often means many traders are paying to stay long. For a leveraged position the cost adds up: it is charged on the full notional, not on your margin, so at 10× leverage a 0.03% rate takes 0.3% of the margin at each settlement. Each exchange caps the rate per settlement, and the cap differs by exchange and contract.

Frequently asked questions

What is a funding rate?
It is the periodic payment rate between long and short holders of a perpetual futures contract. A positive rate means longs pay shorts; a negative rate means shorts pay longs. The exchange passes the money between traders and does not keep it.
How is the funding fee calculated?
Funding fee = position value × funding rate, where position value for a USDT perpetual is the position size in coins times the mark price at settlement. OKX, Bybit and MEXC all state this formula in their help centers.
When is funding charged?
At each settlement time. For most BTC and ETH perpetuals on these exchanges it is every 8 hours (00:00, 08:00 and 16:00 UTC), but some contracts use 4, 2 or 1 hour intervals and exchanges can change the interval. The table shows the interval each exchange reports for each contract.
Do I pay funding if I close before settlement?
No. Only positions that are open at the settlement moment pay or receive funding. Opening right after a settlement and closing before the next one means no funding is exchanged, but trading fees still apply.
Why do OKX, Bybit and MEXC show different rates for the same coin?
Each exchange computes the rate from its own contract price, index and premium over its own averaging window, and each has its own caps. Differences of a few thousandths of a percent are normal.
Is the rate in the table the final one?
Not until settlement. The rate for the coming settlement keeps updating as the premium moves, and the amount charged uses the rate and mark price at settlement time.
Does funding affect my liquidation price?
It can. Funding is taken from (or added to) your balance or position margin, so paying funding on an isolated position reduces its margin and moves the liquidation price closer. MEXC notes this in its funding help page.
Can I earn the funding rate by holding the opposite side?
This page shows rates; it does not recommend a strategy. Holding a position to collect funding still exposes you to price moves, trading fees, liquidation risk and rate changes.

Sources and limits

Funding rates: OKX, Bybit and MEXC public APIs. Formula and settlement rules: OKX, Bybit and MEXC help pages (checked 2026-11-13). Figures are for information only, not investment advice. Rates change before settlement, and exchange availability differs by country.