NIGHT funding rate

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

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Highest (24h)+0.083%MEXC

Lowest (24h)+0.017%KuCoin

Average (24h)+0.035%across 8 venues

Funding gap (24h)+0.065%short the highest, long the lowest

ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume

MEXCCEX · NIGHT_USDT+0.0138%4h03:44:07+0.083%+30.2%$0.0502-0.040%$3.38M

BinanceCEX · NIGHTUSDT+0.0050%4h—+0.030%+10.9%$0.0502-0.076%—

BybitCEX · NIGHTUSDT+0.0050%4h—+0.030%+10.9%$0.0502-0.040%$4.83M

BitgetCEX · NIGHTUSDT+0.0050%4h—+0.030%+10.9%$0.0502-0.071%$1.83M

GateCEX · NIGHT_USDT+0.0100%8h07:44:07+0.030%+10.9%$0.05020.000%$2.44M

OKXCEX · NIGHT-USDT-SWAP+0.0050%4h03:44:07+0.030%+10.9%$0.0502—$24.94M

AsterPerp DEX · NIGHTUSDT+0.0050%4h—+0.030%+10.9%$0.0502+0.037%—

KuCoinCEX · NIGHTUSDTM+0.0029%4h03:44:07+0.017%+6.4%$0.0502-0.068%$27.10M

NIGHT funding rate explained

Right now Midnight (NIGHT) perpetual futures trade on 8 exchanges we track. The highest funding is on MEXC at +0.083% per day, the lowest on KuCoin at +0.017%. The average across all venues is +0.035% per day, or about +12.8% a year. Positive funding means NIGHT longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.065% per day. A delta-neutral position that shorts NIGHT on MEXC and goes long on KuCoin would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live NIGHT arbitrage page for the price side of the trade.

Settlement intervals differ: NIGHT funding is paid every 4 hours and 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.

What is the NIGHT funding rate today?

The average NIGHT funding rate across 8 exchanges is +0.035% per 24 hours. It ranges from +0.017% on KuCoin to +0.083% on MEXC. Rates update every few seconds on this page.

Which exchange has the highest NIGHT funding rate?

MEXC currently has the highest NIGHT funding at +0.083% per day, and KuCoin the lowest at +0.017%.

How often is NIGHT funding paid?

NIGHT perpetuals settle funding every 4 hours and 8 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is NIGHT funding positive or negative?

On average it is positive (+0.035% per day): longs pay shorts.