NIL perpetuals
Compare funding costs for one asset across venues.
Data as of 2026-10-01 00:31 UTC
NIL is quoted on 6 contracts. The highest funding rate is on Binance at +10.95% annualised, quoted per 4h, and the lowest is on Gate at -18.40% — a gap of 29.35 points. Rate periods differ across these contracts, so each is converted to a simple annualised figure before comparison.
By venue
| Venue | Rate | Annualised | 30d realised APR | Max leverage | 24h turnover | Actions |
|---|---|---|---|---|---|---|
| BinanceCentralisedNILUSDT | +0.0050%4h | +10.95% | — no history yet |
50x | 50.8M | |
| BitgetCentralisedNILUSDT | +0.0050%4h | +10.95% | — no history yet |
50x | 6.8M | |
| BybitCentralisedNILUSDT | +0.0050%4h | +10.95% | — no history yet |
20x | 11.7M | |
| HyperliquidOn-chainNIL | +0.0013%1h | +10.95% | — no history yet |
3x | 4.6M | |
| AsterOn-chainNILUSDT | -0.0021%4h | -4.54% | — no history yet |
5x | 171.3K | |
| GateCentralisedNIL_USDT | -0.0084%4h | -18.40% | — no history yet |
50x | 2.3M |
Common questions
Which exchanges list NIL perpetual futures?
NIL trades as 6 perpetual contracts across 6 venues: Aster, Binance, Bitget, Bybit, Gate and Hyperliquid. The busiest is Binance, with $50.8M of 24h turnover — 66% of the total.
Where is NIL funding cheapest right now?
For a long, the most favourable collected rate is -18.40% annualised on Gate; for a short, it is +10.95% on Binance — a gap of 29.35 points. Venues disagree on direction: a long is paid on Gate but pays on Binance.
How much funding does a 10,000 USDT NIL position pay per day?
At current rates a 10,000 USDT long pays about +3.00 USDT a day on Binance and -5.04 USDT on Gate. A negative figure means the long is paid.
How often does NIL funding settle?
It depends on the venue: Hyperliquid every 1h; Aster, Binance, Bitget, Bybit and Gate every 4h.
What is the highest leverage available on NIL?
The highest collected cap is 50x, on Binance, Bitget and Gate. On Binance it applies up to 5K USDT of notional; above that the cap drops to 20x.
NIL comparison scope and payment direction
This page retains low-turnover NIL contracts without the main ranking’s $1M threshold. Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. These contracts quote in USD and USDT; check each specification for settlement currency and multiplier before comparing. Annualisation method · Official sources.
Trading link disclosure
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Margin ladders
Binance · NILUSDT With deduction
| 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 |
Bitget · NILUSDT No deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 1.0000% | 50.00x | — |
| 2 | 5000 – 10000 quote | 2.0000% | 25.00x | — |
| 3 | 10000 – 25000 quote | 3.3300% | 15.00x | — |
| 4 | 25000 – 50000 quote | 5.0000% | 10.00x | — |
| 5 | 50000 – 125000 quote | 10.0000% | 5.00x | — |
| 6 | 125000 – 250000 quote | 12.5000% | 4.00x | — |
| 7 | 250000 – 500000 quote | 25.0000% | 2.00x | — |
| 8 | 500000 – 7500000 quote | 50.0000% | 1.00x | — |
| 9 | 7500000 – ∞ quote | 60.0000% | 1.00x | — |
Bybit · NILUSDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 2.5000% | 20.00x | — |
| 2 | 5000 – 9000 quote | 2.6300% | 19.00x | 6.5 |
| 3 | 9000 – 13000 quote | 2.7800% | 18.00x | 20 |
| 4 | 13000 – 17000 quote | 2.9400% | 17.00x | 40.8 |
| 5 | 17000 – 21000 quote | 3.1300% | 16.00x | 73.1 |
| 6 | 21000 – 25000 quote | 3.3300% | 15.00x | 115.1 |
| 7 | 25000 – 40000 quote | 3.5700% | 14.00x | 175.1 |
| 8 | 40000 – 55000 quote | 3.8500% | 13.00x | 287.1 |
| 9 | 55000 – 70000 quote | 4.1700% | 12.00x | 463.1 |
| 10 | 70000 – 85000 quote | 4.5500% | 11.00x | 729.1 |
| 11 | 85000 – 100000 quote | 5.0000% | 10.00x | 1111.6 |
| 12 | 100000 – 110000 quote | 5.2600% | 9.50x | 1371.6 |
| 13 | 110000 – 120000 quote | 5.5600% | 9.00x | 1701.6 |
| 14 | 120000 – 130000 quote | 5.8800% | 8.50x | 2085.6 |
| 15 | 130000 – 140000 quote | 6.2500% | 8.00x | 2566.6 |
| 16 | 140000 – 150000 quote | 6.6700% | 7.50x | 3154.6 |
| 17 | 150000 – 160000 quote | 7.1400% | 7.00x | 3859.6 |
| 18 | 160000 – 170000 quote | 7.6900% | 6.50x | 4739.6 |
| 19 | 170000 – 180000 quote | 8.3300% | 6.00x | 5827.6 |
| 20 | 180000 – 190000 quote | 9.0900% | 5.50x | 7195.6 |
| 21 | 190000 – 200000 quote | 10.0000% | 5.00x | 8924.6 |
| 22 | 200000 – 350000 quote | 11.1100% | 4.50x | 11144.6 |
| 23 | 350000 – 500000 quote | 12.5000% | 4.00x | 16009.6 |
| 24 | 500000 – 625000 quote | 14.2900% | 3.50x | 24959.6 |
| 25 | 625000 – 750000 quote | 16.6700% | 3.00x | 39834.6 |
| 26 | 750000 – 875000 quote | 20.0000% | 2.50x | 64809.6 |
| 27 | 875000 – 1000000 quote | 25.0000% | 2.00x | 108559.6 |
| 28 | 1000000 – 1300000 quote | 33.3300% | 1.50x | 191859.6 |
| 29 | 1300000 – 1600000 quote | 40.0000% | 1.25x | 278569.6 |
| 30 | 1600000 – ∞ quote | 50.0000% | 1.00x | 438569.6 |
Hyperliquid · NIL With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – ∞ quote | 16.6667% | 3.00x | — |
Aster · NILUSDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 500000 quote | 10.0000% | 5.00x | — |
| 2 | 500000 – 1000000 quote | 12.5000% | 4.00x | 12500 |
| 3 | 1000000 – 2500000 quote | 16.6700% | 3.00x | 54200 |
| 4 | 2500000 – 5000000 quote | 25.0000% | 2.00x | 262450 |
| 5 | 5000000 – 1000000000 quote | 50.0000% | 1.00x | 1512450 |
Gate · NIL_USDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 1.0000% | 50.00x | — |
| 2 | 5000 – 7000 quote | 1.5000% | 40.00x | 25 |
| 3 | 7000 – 10000 quote | 2.5000% | 25.00x | 95 |
| 4 | 10000 – 20000 quote | 3.5000% | 20.00x | 195 |
| 5 | 20000 – 30000 quote | 4.5000% | 16.00x | 395 |
| 6 | 30000 – 50000 quote | 6.5000% | 12.00x | 995 |
| 7 | 50000 – 70000 quote | 8.0000% | 10.00x | 1745 |
| 8 | 70000 – 100000 quote | 10.0000% | 8.00x | 3145 |
| 9 | 100000 – 150000 quote | 12.0000% | 6.60x | 5145 |
| 10 | 150000 – 200000 quote | 15.0000% | 5.00x | 9645 |
| 11 | 200000 – 300000 quote | 20.0000% | 4.00x | 19645 |
| 12 | 300000 – 500000 quote | 28.0000% | 3.00x | 43645 |
| 13 | 500000 – 700000 quote | 35.0000% | 2.50x | 78645 |
| 14 | 700000 – 1000000 quote | 45.0000% | 2.00x | 148645 |
| 15 | 1000000 – 1500000 quote | 60.0000% | 1.50x | 298645 |
| 16 | 1500000 – 2000000 quote | 78.0000% | 1.20x | 568645 |
| 17 | 2000000 – ∞ quote | 90.0000% | 1.05x | 808645 |