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 | Hourly | 2h | 4h | 8h | Total |
|---|---|---|---|---|---|
| Aster | 45 | — | 350 | 206 | 601 |
| Binance | 7 | — | 428 | 131 | 566 |
| Bitget | 6 | — | 373 | 478 | 857 |
| Bybit | 9 | — | 417 | 455 | 881 |
| Gate | 8 | — | 416 | 637 | 1061 |
| Hyperliquid | 178 | — | — | — | 178 |
| Lighter* | 214 | — | — | — | 214 |
| OKX | 3 | 2 | 212 | 308 | 525 |
| All venues | 470 | 2 | 2196 | 2215 | 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.
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
