ArbiLayer

USDC funding rate

Live USDC perpetual funding on every connected exchange. Positive funding means longs pay shorts.

Connecting…
Highest (24h)+0.030%Bitget
Lowest (24h)-0.008%Binance
Average (24h)+0.008%across 7 venues
Funding gap (24h)+0.038%short the highest, long the lowest
ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume
Bitget logoBitgetCEX · USDCUSDT+0.0100%8h—+0.030%+10.9%$1.00-0.030%$40.6K
KuCoin logoKuCoinCEX · USDCUSDTM+0.0100%8h00:57:59+0.030%+10.9%$1.00-0.032%$16.1K
Gate logoGateCEX · USDC_USDT+0.0042%8h00:57:59+0.013%+4.6%$0.9994-0.088%$2.5K
OKX logoOKXCEX · USDC-USDT-SWAP0.0000%8h00:57:590.000%0.0%$1.00—$24.6K
Bybit logoBybitCEX · USDCUSDT-0.0012%8h—-0.004%-1.3%$0.9998-0.050%$75.5K
MEXC logoMEXCCEX · USDC_USDT-0.0027%8h00:57:59-0.008%-3.0%$0.9998-0.054%$593.2K
Binance logoBinanceCEX · USDCUSDT-0.0028%8h—-0.008%-3.0%$0.9997-0.054%—

USDC funding rate explained

Right now USDC perpetual futures trade on 7 exchanges we track. The highest funding is on Bitget at +0.030% per day, the lowest on Binance at -0.008%. The average across all venues is +0.008% per day, or about +2.7% a year. Positive funding means USDC longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.038% per day. A delta-neutral position that shorts USDC on Bitget and goes long on Binance would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live USDC arbitrage board for the price side of the trade.

Settlement intervals differ: USDC funding is paid every 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.

Related: USDC arbitrage · USDC price · funding rates for all coins.

What is the USDC funding rate today?

The average USDC funding rate across 7 exchanges is +0.008% per 24 hours. It ranges from -0.008% on Binance to +0.030% on Bitget. Rates update every few seconds on this page.

Which exchange has the highest USDC funding rate?

Bitget currently has the highest USDC funding at +0.030% per day, and Binance the lowest at -0.008%.

How often is USDC funding paid?

USDC perpetuals settle funding every 8 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is USDC funding positive or negative?

On average it is positive (+0.008% per day): longs pay shorts.