Binance NIGHT perpetual
NIGHTUSDT
As of 2026-09-30 23:44 UTC, NIGHTUSDT on Binance has a collected rate of -0.0026% over 4h, or -5.67% simple annualised; its collected settlement interval is 4h, with up to 50x leverage. OKX has a lower rate for longs at -46.28%.
What does this rate mean for a 10,000 USDT position?
For NIGHTUSDT, 10,000 USDT of notional × -0.002590% gives 0.2590 USDT over the quoted 4h rate period: longs receive and shorts pay. This is a constant-rate illustration, not a settled bill or a forecast. Use the actual settlement rate and notional at each settlement; leverage is not multiplied again. Trading fees are separate.
How do I select the margin tier for NIGHTUSDT?
This table selects tiers by position notional in USDT, not by the amount of margin deposited. The first tier starts at 0 and ends at 5000 USDT. Above that, tier 2 requires 2.5000% maintenance margin.
Settled history is not currently available for this contract. The latest funding snapshot cannot establish the actual funding cost over the past 30 days.
Maintenance margin ladder
With deduction · An isolated-margin estimate for linear contracts; excludes closing fees, accrued funding, auto-added margin and other positions.
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 1.5000% | 50.00x | — |
| 2 | 5000 – 10000 quote | 2.5000% | 20.00x | 50 |
| 3 | 10000 – 20000 quote | 5.0000% | 10.00x | 300 |
| 4 | 20000 – 50000 quote | 10.0000% | 5.00x | 1300 |
| 5 | 50000 – 250000 quote | 12.5000% | 4.00x | 2550 |
| 6 | 250000 – 500000 quote | 16.6700% | 3.00x | 12975 |
| 7 | 500000 – 7500000 quote | 25.0000% | 2.00x | 54625 |
| 8 | 7500000 – 12500000 quote | 50.0000% | 1.00x | 1929625 |
Contract specification
Quote currency: USDT · Settlement currency: USDT · Settlement interval: 4h. Lot size uses the venue’s original order unit; the calculator takes base-asset quantity.
The same asset elsewhere
| Venue | Contract | Rate period | Annualised |
|---|---|---|---|
| OKX | NIGHT-USDT-SWAP | 4h | -46.28% |
| Bybit | NIGHTUSDT | 4h | -43.55% |
| Binance this page | NIGHTUSDT | 4h | -5.67% |
| Aster | NIGHTUSDT | 4h | -2.68% |
| Bitget | NIGHTUSDT | 4h | +10.95% |
| Bybit | NIGHTPERP | 4h | +10.95% |
| Gate | NIGHT_USDT | 8h | +10.95% |
Common questions
What is the Binance NIGHT funding rate?
The latest collected Binance NIGHT funding rate is -0.0026% per 4h rate period, or -5.67% simple annualised. At this rate shorts pay longs.
How often is funding charged on Binance NIGHT?
The collected settlement interval is 4h, normally 6 times a day. Venues can change it; confirm the next settlement time on the contract page.
What is the maximum leverage on Binance NIGHT?
The collected leverage cap for Binance NIGHT is 50x, with 8 margin tiers shown. The first margin tier, up to 5K USDT, allows 50x; the second allows 20x.
What is the maintenance margin rate on Binance NIGHT?
The first tier requires 1.5000%, with 8 available tiers. The applicable requirement depends on the position’s tier. This venue applies a deduction: maintenance margin = notional × tier rate − the tier's maintenance amount.
Which venue has the lowest NIGHT funding cost for longs?
For a long position, OKX currently has the lowest rate at -46.28% annualised; this page's Binance is at -5.67%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
Observation time and verification
This contract’s funding was observed at 2026-09-30 23:44 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. Binance official data source · Funding methodology