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Funding settlement intervals and times

Not every perpetual settles funding every 8 hours. For each venue, this page counts the contracts on each settlement interval, gives the UTC times those settlements fall on, and lists the contracts whose interval changed in the past 30 days.

Data as of 2026-10-25 10:08 UTC

4,883 perpetuals trading on 8 venues: 2,215 settle every 8 hours, 2,196 every 4 hours, 470 every hour and 2 every 2 hours.

Settlement intervals by venue

Venue Hourly2h4h8h Total
Aster 45—350206 601
Binance 7—428131 566
Bitget 6—373478 857
Bybit 9—417455 881
Gate 8—416637 1061
Hyperliquid 178——— 178
Lighter* 214——— 214
OKX 32212308 525
All venues 470221962215 4883

Trading contracts only. Intervals are what each venue publishes now (for OKX, the gap between consecutive settlements).

* Lighter settles hourly but quotes an 8-hour-equivalent rate; dexgc annualises over the period the quote covers, not the number of settlements.

Settlement times (UTC)

Interval Per day Settles at (UTC) Contracts
Every hour 24 On the hour 470
Every 2 hours 12 00:00 · 02:00 · 04:00 · 06:00 · 08:00 · 10:00 · 12:00 · 14:00 · 16:00 · 18:00 · 20:00 · 22:00 2
Every 4 hours 6 00:00 · 04:00 · 08:00 · 12:00 · 16:00 · 20:00 2196
Every 8 hours 3 00:00 · 08:00 · 16:00 2215

Settlements land on whole multiples of the interval counted from 00:00 UTC. In UTC+8 (Singapore, Hong Kong, Beijing) the times are the same, because eight hours is a whole multiple of each interval: an 8-hour contract settles at 00:00, 08:00 and 16:00 there too. Checked against the past 30 days of settled records: 100% of 355,500 settlements fell exactly on these times (counting records whose period matches the contract's current interval).

Which contracts settle on each interval

Busiest first by 24h turnover, up to 8 named per group.

Aster

Binance

Bitget

Bybit

Gate

Hyperliquid

Lighter

OKX

Interval changes in the past 30 days

131 changes across 78 contracts; the latest 40 are listed.

First settlement on new interval (UTC) Venue Contract Change
2026-10-24 17:00 Binance BMTUSDT 4h → 1h
2026-10-24 17:00 Binance ORDERUSDT 4h → 1h
2026-10-24 17:00 Bitget ORDERUSDT 4h → 1h
2026-10-24 17:00 Bybit BMTUSDT 4h → 1h
2026-10-24 17:00 Bybit ORDERUSDT 8h → 1h
2026-10-24 17:00 Gate BMT_USDT 4h → 1h
2026-10-24 17:00 Gate ORDER_USDT 4h → 1h
2026-10-24 16:00 OKX IRYS-USDT-SWAP 2h → 4h
2026-10-24 15:00 OKX ORDER-USDT-SWAP 4h → 1h
2026-10-24 09:00 Binance ARKUSDT 4h → 1h
2026-10-24 09:00 Bitget ARKUSDT 4h → 1h
2026-10-24 09:00 Bybit ARKUSDT 4h → 1h
2026-10-24 09:00 Gate ARK_USDT 4h → 1h
2026-10-24 08:00 Bybit PTBUSDT 1h → 4h
2026-10-24 05:00 OKX AXIS-USDT-SWAP 2h → 1h
2026-10-24 00:00 Gate PTB_USDT 1h → 4h
2026-10-23 22:00 OKX IRYS-USDT-SWAP 4h → 2h
2026-10-23 21:00 Aster IRYSUSDT 4h → 1h
2026-10-23 21:00 Binance IRYSUSDT 4h → 1h
2026-10-23 21:00 Bitget IRYSUSDT 4h → 1h
2026-10-23 21:00 Bybit IRYSUSDT 4h → 1h
2026-10-23 21:00 OKX BTW-USDT-SWAP 2h → 1h
2026-10-23 08:00 Bitget DOODUSDT 1h → 4h
2026-10-23 08:00 Gate DOOD_USDT 1h → 4h
2026-10-23 04:00 Binance DOODUSDT 1h → 4h
2026-10-23 04:00 Bybit ERAUSDT 1h → 4h
2026-10-23 02:00 OKX AXIS-USDT-SWAP 4h → 2h
2026-10-23 02:00 OKX BTW-USDT-SWAP 4h → 2h
2026-10-23 00:00 OKX IOST-USDT-SWAP 1h → 4h
2026-10-22 21:00 Bybit PTBUSDT 4h → 1h
2026-10-22 21:00 Gate PTB_USDT 4h → 1h
2026-10-22 20:00 OKX MEW-USDT-SWAP 2h → 4h
2026-10-22 12:00 OKX DOOD-USDT-SWAP 2h → 4h
2026-10-22 01:00 Bybit IOSTUSDT 8h → 1h
2026-10-21 21:00 Binance IOSTUSDT 4h → 1h
2026-10-21 21:00 Bitget IOSTUSDT 4h → 1h
2026-10-21 21:00 Gate IOST_USDT 4h → 1h
2026-10-21 19:00 OKX IOST-USDT-SWAP 2h → 1h
2026-10-21 18:00 OKX DOOD-USDT-SWAP 4h → 2h
2026-10-21 17:00 Aster DOODUSDT 4h → 1h

Intervals are read from the gap between consecutive settlements. The settlement that bridges two schedules can show a gap neither used (one 2-hour gap when hourly turns four-hourly), so a new interval counts only after 3 settlements in a row. Lighter quotes an 8-hour equivalent, which is not read as its interval.

Common questions

How often does Aster settle funding?

Of the 601 Aster perpetuals trading now, 350 settle every 4 hours, 206 every 8 hours and 45 every hour.

How often does Binance settle funding?

Of the 566 Binance perpetuals trading now, 428 settle every 4 hours, 131 every 8 hours and 7 every hour.

How often does Bitget settle funding?

Of the 857 Bitget perpetuals trading now, 478 settle every 8 hours, 373 every 4 hours and 6 every hour.

How often does Bybit settle funding?

Of the 881 Bybit perpetuals trading now, 455 settle every 8 hours, 417 every 4 hours and 9 every hour.

How often does Gate settle funding?

Of the 1,061 Gate perpetuals trading now, 637 settle every 8 hours, 416 every 4 hours and 8 every hour.

How often does Hyperliquid settle funding?

All 178 Hyperliquid perpetuals trading now settle every hour, on the hour (UTC).

How often does Lighter settle funding?

All 214 Lighter perpetuals trading now settle every hour. Its quoted rate covers a different period (for example an 8-hour equivalent); dexgc annualises over the period the quote covers, not the number of settlements.

How often does OKX settle funding?

Of the 525 OKX perpetuals trading now, 308 settle every 8 hours, 212 every 4 hours, 3 every hour and 2 every 2 hours.

At what time is funding settled?

In UTC: hourly ones on the hour; every 2 hours at 00:00, 02:00, 04:00, 06:00, 08:00, 10:00, 12:00, 14:00, 16:00, 18:00, 20:00, 22:00; every 4 hours at 00:00, 04:00, 08:00, 12:00, 16:00, 20:00; every 8 hours at 00:00, 08:00, 16:00. The times are the same in UTC+8, since eight hours is a whole multiple of each of these intervals. Of 355,500 settlements recorded over the past 30 days, 100% fell exactly on these times.

Why does the settlement interval matter?

Funding is paid at each settlement. The same quoted rate settled every 4 hours changes hands 6 times a day, twice as often as every 8 hours (3 times). dexgc annualises each rate over its own period (rate × 8,760 ÷ interval hours) so contracts on different intervals compare directly.

Can a contract's settlement interval change?

Yes, venues change it contract by contract. In settled records over the past 30 days, 78 contracts changed interval (a new interval counts once it held for 3 settlements in a row); see the list above.

Related: Current funding rates, annualised · Settled funding over the past 30 days · How funding fees work · Data sources