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NOW perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-10-15 04:09 UTC

NOW is quoted on 6 contracts. The highest funding rate is on Lighter at +3.50% annualised, quoted per 8h, and the lowest is on OKX at 0.00% — a gap of 3.50 points. Every contract here quotes its rate per 8h.

Highest rate now
+3.50%
Lighter · 8h
Lowest rate now
0.00%
OKX · 8h
Spread
3.50
points
Highest 30d realised APR
+3.28%
Bybit

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
LighterOn-chainNOW +0.0032%8h +3.50% —
no history yet
 5x 1.6K
Liquidation → Trade
AsterOn-chainNOWUSDT 0.0000%8h 0.00% —
no history yet
 20x 9.8K
Liquidation → Trade
BitgetCentralisedNOWUSDT 0.0000%8h 0.00% +1.08%
Annualised · +1.08% · range 0.0% … +25.6% · 85 settlements
20x 385.6K
Liquidation → Trade
BybitCentralisedNOWUSDT 0.0000%8h 0.00% +3.28%
Annualised · +3.28% · range 0.0% … +38.0% · 87 settlements
25x 134.4K
Liquidation → Trade
GateCentralisedNOW_USDT 0.0000%8h 0.00% —
no history yet
 20x 216.0K
Liquidation → Trade
OKXCentralisedNOW-USDT-SWAP 0.0000%8h 0.00% —
no history yet
 20x 481.9K
Liquidation → Trade

Common questions

Which exchanges list NOW perpetual futures?

NOW trades as 6 perpetual contracts across 6 venues: Aster, Bitget, Bybit, Gate, Lighter and OKX. The busiest is OKX, with $481.9K of 24h turnover — 39% of the total.

Where is NOW funding cheapest right now?

For a long, the most favourable collected rate is 0.00% annualised on OKX; for a short, it is +3.50% on Lighter — a gap of 3.50 points.

How much funding does a 10,000 USDT NOW position pay per day?

At current rates a 10,000 USDT long pays about +0.96 USDT a day on Lighter and 0.00 USDT on OKX.

How often does NOW funding settle?

It depends on the venue: Lighter every 1h; Aster, Bitget, Bybit, Gate and OKX every 8h.

What has NOW funding actually paid over the past 30 days?

The highest realised figure was on Bybit: +3.28% annualised across 87 settlements, 0% of them negative. The lowest was Bitget, at +1.08%. 2 of the 6 contracts have at least a week of settled history to measure.

What is the highest leverage available on NOW?

The highest collected cap is 25x, on Bybit. On Bybit it applies up to 50K USDT of notional; above that the cap drops to 24x.

Further readingCross-venue funding spreads: from gross rates to net P&LHow funding fees work: amounts, signs and settlementHow liquidation price is calculated: tiered maintenance margin and deductions

NOW comparison scope and payment direction

This page retains low-turnover NOW 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.

Rates and chart methodology

Annualised over the window sums what actually settled on that contract, then extrapolates across the hours those settlements covered — it is not today's rate projected forward. A contract listed less than 30 days ago is extrapolated from its own span. The grey line is zero: above it longs pay, below it shorts pay. Every row in that column shares one vertical scale, so their swings can be compared directly.

Trading link disclosure

Affiliate disclosure: We may earn a commission if you register and trade through some links. Partnerships do not influence the data displayed or rankings.

Margin ladders

Lighter · NOW No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – ∞ quote 12.0000% 5.00x —

Aster · NOWUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 1000000 quote 2.5000% 20.00x —
2 1000000 – 2000000 quote 5.0000% 10.00x 25000
3 2000000 – 5000000 quote 10.0000% 5.00x 125000
4 5000000 – 10000000 quote 12.5000% 4.00x 250000
5 10000000 – 20000000 quote 16.6700% 3.00x 667000
6 20000000 – 40000000 quote 25.0000% 2.00x 2333000
7 40000000 – 1000000000 quote 50.0000% 1.00x 12333000

Bitget · NOWUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 100000 quote 2.5000% 20.00x —
2 100000 – 500000 quote 4.0000% 15.00x —
3 500000 – 2000000 quote 5.0000% 10.00x —
4 2000000 – 5000000 quote 10.0000% 5.00x —
5 5000000 – 10000000 quote 12.5000% 4.00x —
6 10000000 – 25000000 quote 30.0000% 2.00x —
7 25000000 – ∞ quote 60.0000% 1.00x —

Bybit · NOWUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 50000 quote 2.0000% 25.00x —
2 50000 – 60000 quote 2.0800% 24.00x 40
3 60000 – 75000 quote 2.1700% 23.00x 94
4 75000 – 97500 quote 2.2700% 22.00x 169
5 97500 – 105000 quote 2.3800% 21.00x 276.25
6 105000 – 112500 quote 2.5000% 20.00x 402.25
7 112500 – 150000 quote 2.6300% 19.00x 548.5
8 150000 – 225000 quote 2.7800% 18.00x 773.5
9 225000 – 300000 quote 2.9400% 17.00x 1133.5
10 300000 – 375000 quote 3.1300% 16.00x 1703.5
11 375000 – 450000 quote 3.3300% 15.00x 2453.5
12 450000 – 675000 quote 3.5700% 14.00x 3533.5
13 675000 – 900000 quote 3.8500% 13.00x 5423.5
14 900000 – 1200000 quote 4.1700% 12.00x 8303.5
15 1200000 – 1500000 quote 4.5500% 11.00x 12863.5
16 1500000 – 2500000 quote 5.0000% 10.00x 19613.5
17 2500000 – 3000000 quote 5.5600% 9.00x 33613.5
18 3000000 – 3500000 quote 6.2500% 8.00x 54313.5
19 3500000 – 4000000 quote 7.1400% 7.00x 85463.5
20 4000000 – 4500000 quote 8.3300% 6.00x 133063.5
21 4500000 – 5000000 quote 10.0000% 5.00x 208213.5
22 5000000 – 8750000 quote 11.1100% 4.50x 263713.5
23 8750000 – 12500000 quote 12.5000% 4.00x 385338.5
24 12500000 – 15625000 quote 14.2900% 3.50x 609088.5
25 15625000 – 18750000 quote 16.6700% 3.00x 980963.5
26 18750000 – 25000000 quote 20.0000% 2.50x 1605338.5
27 25000000 – 37500000 quote 25.0000% 2.00x 2855338.5
28 37500000 – 50000000 quote 28.5700% 1.75x 4194088.5
29 50000000 – 65000000 quote 33.3300% 1.50x 6574088.5
30 65000000 – ∞ quote 50.0000% 1.00x 17409588.5

Gate · NOW_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 2.5000% 20.00x —
2 5000 – 10000 quote 3.0000% 16.00x 25
3 10000 – 20000 quote 3.5000% 14.00x 75
4 20000 – 30000 quote 4.0000% 12.00x 175
5 30000 – 50000 quote 5.0000% 10.00x 475
6 50000 – 70000 quote 6.5000% 8.00x 1225
7 70000 – 100000 quote 8.0000% 6.00x 2275
8 100000 – 200000 quote 10.0000% 5.00x 4275
9 200000 – 300000 quote 15.0000% 4.00x 14275
10 300000 – 500000 quote 20.0000% 3.00x 29275
11 500000 – 1000000 quote 25.0000% 2.00x 54275
12 1000000 – 1500000 quote 40.0000% 1.50x 204275
13 1500000 – ∞ quote 70.0000% 1.05x 654275

OKX · NOW-USDT-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 60 base 2.0000% 20.00x —
2 60.01 – 120 base 3.0000% 15.00x —
3 120.01 – 180 base 4.0000% 12.50x —
4 180.01 – 240 base 4.5000% 11.76x —
5 240.01 – 300 base 5.0000% 11.11x —
6 300.01 – 360 base 5.5000% 10.52x —
7 360.01 – 420 base 6.0000% 10.00x —
8 420.01 – 480 base 6.5000% 9.52x —
9 480.01 – 540 base 7.0000% 9.09x —
10 540.01 – 600 base 7.5000% 8.69x —
11 600.01 – 660 base 8.0000% 8.33x —
12 660.01 – 720 base 8.5000% 8.00x —
13 720.01 – 780 base 9.0000% 7.69x —
14 780.01 – 840 base 9.5000% 7.40x —
15 840.01 – 900 base 10.0000% 7.14x —
16 900.01 – 960 base 10.5000% 6.89x —
17 960.01 – 1020 base 11.0000% 6.66x —
18 1020.01 – 1080 base 11.5000% 6.45x —
19 1080.01 – 1140 base 12.0000% 6.25x —
20 1140.01 – 1200 base 12.5000% 6.06x —
21 1200.01 – 1260 base 13.0000% 5.88x —
22 1260.01 – 1320 base 13.5000% 5.71x —
23 1320.01 – 1380 base 14.0000% 5.55x —
24 1380.01 – 1440 base 14.5000% 5.40x —
25 1440.01 – 1500 base 15.0000% 5.26x —
26 1500.01 – 1560 base 15.5000% 5.12x —
27 1560.01 – 1620 base 16.0000% 5.00x —
28 1620.01 – 1680 base 16.5000% 4.87x —
29 1680.01 – 1740 base 17.0000% 4.76x —
30 1740.01 – 1800 base 17.5000% 4.65x —
31 1800.01 – 1860 base 18.0000% 4.54x —
32 1860.01 – 1920 base 18.5000% 4.44x —
33 1920.01 – 1980 base 19.0000% 4.34x —
34 1980.01 – 2040 base 19.5000% 4.25x —
35 2040.01 – 2100 base 20.0000% 4.16x —
36 2100.01 – 2160 base 20.5000% 4.08x —
37 2160.01 – 2220 base 21.0000% 4.00x —
38 2220.01 – 2280 base 21.5000% 3.92x —
39 2280.01 – 2340 base 22.0000% 3.84x —
40 2340.01 – 2400 base 22.5000% 3.77x —
41 2400.01 – 2460 base 23.0000% 3.70x —
42 2460.01 – 2520 base 23.5000% 3.63x —
43 2520.01 – 2580 base 24.0000% 3.57x —
44 2580.01 – 2640 base 24.5000% 3.50x —
45 2640.01 – 2700 base 25.0000% 3.44x —
46 2700.01 – 2760 base 25.5000% 3.38x —
47 2760.01 – 2820 base 26.0000% 3.33x —
48 2820.01 – 2880 base 26.5000% 3.27x —
49 2880.01 – 2940 base 27.0000% 3.22x —
50 2940.01 – 3000 base 27.5000% 3.17x —
51 3000.01 – 3060 base 28.0000% 3.12x —
52 3060.01 – 3120 base 28.5000% 3.07x —
53 3120.01 – 3180 base 29.0000% 3.03x —
54 3180.01 – 3240 base 29.5000% 2.98x —
55 3240.01 – 3300 base 30.0000% 2.94x —
56 3300.01 – 3360 base 30.5000% 2.89x —
57 3360.01 – 3420 base 31.0000% 2.85x —
58 3420.01 – 3480 base 31.5000% 2.81x —
59 3480.01 – 3540 base 32.0000% 2.77x —
60 3540.01 – 3600 base 32.5000% 2.73x —
61 3600.01 – 3660 base 33.0000% 2.70x —
62 3660.01 – 3720 base 33.5000% 2.66x —
63 3720.01 – 3780 base 34.0000% 2.63x —
64 3780.01 – 3840 base 34.5000% 2.59x —
65 3840.01 – 3900 base 35.0000% 2.56x —
66 3900.01 – 3960 base 35.5000% 2.53x —
67 3960.01 – 4020 base 36.0000% 2.50x —
68 4020.01 – 4080 base 36.5000% 2.46x —
69 4080.01 – 4140 base 37.0000% 2.43x —
70 4140.01 – 4200 base 37.5000% 2.40x —
71 4200.01 – 4260 base 38.0000% 2.38x —
72 4260.01 – 4320 base 38.5000% 2.35x —
73 4320.01 – 4380 base 39.0000% 2.32x —
74 4380.01 – 4440 base 39.5000% 2.29x —
75 4440.01 – 4500 base 40.0000% 2.27x —
76 4500.01 – 4560 base 40.5000% 2.24x —
77 4560.01 – 4620 base 41.0000% 2.22x —
78 4620.01 – 4680 base 41.5000% 2.19x —
79 4680.01 – 4740 base 42.0000% 2.17x —
80 4740.01 – 4800 base 42.5000% 2.15x —
81 4800.01 – 4860 base 43.0000% 2.12x —
82 4860.01 – 4920 base 43.5000% 2.10x —
83 4920.01 – 4980 base 44.0000% 2.08x —
84 4980.01 – 5040 base 44.5000% 2.06x —
85 5040.01 – 5100 base 45.0000% 2.04x —
86 5100.01 – 5160 base 45.5000% 2.02x —
87 5160.01 – 5220 base 46.0000% 2.00x —