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O perpetuals

Compare funding costs for one asset across venues.

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

O is quoted on 6 contracts. The highest funding rate is on Aster at +10.95% annualised, quoted per 4h, and the lowest is on Bybit at -322.85% — a gap of 333.80 points. Every contract here quotes its rate per 4h.

Highest rate now
+10.95%
Aster · 4h
Lowest rate now
-322.85%
Bybit · 4h
Spread
333.80
points
Highest 30d realised APR
+34.05%
Binance

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
AsterOn-chainOUSDT +0.0050%4h +10.95% —
no history yet
3x 14.2K
BinanceCentralisedOUSDT +0.0050%4h +10.95% +34.05%
Annualised · +34.05% · range +1.3% … +142.7% · 154 settlements
10x 1.7M
BitgetCentralisedOUSDT +0.0050%4h +10.95% —
no history yet
10x 100.0K
OKXCentralisedO-USDT-SWAP +0.0050%4h +10.95% +29.54%
Annualised · +29.54% · range -37.6% … +120.2% · 155 settlements
10x 604.6K
GateCentralisedO_USDT -0.0828%4h -181.33% —
no history yet
20x 220.7K
BybitCentralisedOUSDT -0.1474%4h -322.85% +16.22%
Annualised · +16.22% · range -155.7% … +110.9% · 154 settlements
20x 225.4K

Common questions

Which exchanges list O perpetual futures?

O trades as 6 perpetual contracts across 6 venues: Aster, Binance, Bitget, Bybit, Gate and OKX. The busiest is Binance, with $1.7M of 24h turnover — 60% of the total.

Where is O funding cheapest right now?

For a long, the most favourable collected rate is -322.85% annualised on Bybit; for a short, it is +10.95% on Aster — a gap of 333.80 points. Venues disagree on direction: a long is paid on Bybit but pays on Aster.

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

At current rates a 10,000 USDT long pays about +3.00 USDT a day on Aster and -88.45 USDT on Bybit. Over the past 30 days Bybit actually settled an average of +4.44 USDT a day on the same position. A negative figure means the long is paid.

How often does O funding settle?

Every venue collected here settles O funding every 4h, 6 times a day.

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

The highest realised figure was on Binance: +34.05% annualised across 154 settlements, 0% of them negative. The lowest was Bybit, at +16.22%. 3 of the 6 contracts have at least a week of settled history to measure.

What is the highest leverage available on O?

The highest collected cap is 20x, on Bybit and Gate. On Bybit it applies up to 5K USDT of notional; above that the cap drops to 19x.

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

O comparison scope and payment direction

This page retains low-turnover O 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. 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

Aster · OUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 1000000 quote 16.6700% 3.00x —
2 1000000 – 2000000 quote 25.0000% 2.00x 83300
3 2000000 – 3000000 quote 50.0000% 1.00x 583300

Binance · OUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 10000 quote 5.0000% 10.00x —
2 10000 – 50000 quote 10.0000% 5.00x 500
3 50000 – 100000 quote 12.5000% 4.00x 1750
4 100000 – 250000 quote 16.6700% 3.00x 5920
5 250000 – 2500000 quote 25.0000% 2.00x 26745
6 2500000 – 5000000 quote 50.0000% 1.00x 651745

Bitget · OUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 5.0000% 10.00x —
2 5000 – 10000 quote 6.2500% 8.00x —
3 10000 – 30000 quote 8.3300% 6.00x —
4 30000 – 50000 quote 10.0000% 5.00x —
5 50000 – 100000 quote 12.5000% 4.00x —
6 100000 – 2500000 quote 30.0000% 2.00x —
7 2500000 – ∞ quote 60.0000% 1.00x —

OKX · O-USDT-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 40000 base 2.0000% 10.00x —
2 40010 – 80000 base 3.0000% 9.52x —
3 80010 – 120000 base 4.0000% 9.09x —
4 120010 – 160000 base 4.5000% 8.70x —
5 160010 – 200000 base 5.0000% 8.33x —
6 200010 – 240000 base 5.5000% 8.00x —
7 240010 – 280000 base 6.0000% 7.69x —
8 280010 – 320000 base 6.5000% 7.41x —
9 320010 – 360000 base 7.0000% 7.14x —
10 360010 – 400000 base 7.5000% 6.90x —
11 400010 – 440000 base 8.0000% 6.67x —
12 440010 – 480000 base 8.5000% 6.45x —
13 480010 – 520000 base 9.0000% 6.25x —
14 520010 – 560000 base 9.5000% 6.06x —
15 560010 – 600000 base 10.0000% 5.88x —
16 600010 – 640000 base 10.5000% 5.71x —
17 640010 – 680000 base 11.0000% 5.56x —
18 680010 – 720000 base 11.5000% 5.41x —
19 720010 – 760000 base 12.0000% 5.26x —
20 760010 – 800000 base 12.5000% 5.13x —
21 800010 – 840000 base 13.0000% 5.00x —
22 840010 – 880000 base 13.5000% 4.88x —
23 880010 – 920000 base 14.0000% 4.76x —
24 920010 – 960000 base 14.5000% 4.65x —
25 960010 – 1000000 base 15.0000% 4.55x —
26 1000010 – 1040000 base 15.5000% 4.44x —
27 1040010 – 1080000 base 16.0000% 4.35x —
28 1080010 – 1120000 base 16.5000% 4.26x —
29 1120010 – 1160000 base 17.0000% 4.17x —
30 1160010 – 1200000 base 17.5000% 4.08x —
31 1200010 – 1240000 base 18.0000% 4.00x —
32 1240010 – 1280000 base 18.5000% 3.92x —
33 1280010 – 1320000 base 19.0000% 3.85x —
34 1320010 – 1360000 base 19.5000% 3.77x —
35 1360010 – 1400000 base 20.0000% 3.70x —
36 1400010 – 1440000 base 20.5000% 3.64x —
37 1440010 – 1480000 base 21.0000% 3.57x —
38 1480010 – 1520000 base 21.5000% 3.51x —
39 1520010 – 1560000 base 22.0000% 3.45x —
40 1560010 – 1600000 base 22.5000% 3.39x —
41 1600010 – 1640000 base 23.0000% 3.33x —
42 1640010 – 1680000 base 23.5000% 3.28x —
43 1680010 – 1720000 base 24.0000% 3.23x —
44 1720010 – 1760000 base 24.5000% 3.17x —
45 1760010 – 1800000 base 25.0000% 3.13x —
46 1800010 – 1840000 base 25.5000% 3.08x —
47 1840010 – 1880000 base 26.0000% 3.03x —
48 1880010 – 1920000 base 26.5000% 2.99x —
49 1920010 – 1960000 base 27.0000% 2.94x —
50 1960010 – 2000000 base 27.5000% 2.90x —
51 2000010 – 2040000 base 28.0000% 2.86x —
52 2040010 – 2080000 base 28.5000% 2.82x —
53 2080010 – 2120000 base 29.0000% 2.78x —
54 2120010 – 2160000 base 29.5000% 2.74x —
55 2160010 – 2200000 base 30.0000% 2.70x —
56 2200010 – 2240000 base 30.5000% 2.67x —
57 2240010 – 2280000 base 31.0000% 2.63x —
58 2280010 – 2320000 base 31.5000% 2.60x —
59 2320010 – 2360000 base 32.0000% 2.56x —
60 2360010 – 2400000 base 32.5000% 2.53x —
61 2400010 – 2440000 base 33.0000% 2.50x —
62 2440010 – 2480000 base 33.5000% 2.47x —
63 2480010 – 2520000 base 34.0000% 2.44x —
64 2520010 – 2560000 base 34.5000% 2.41x —
65 2560010 – 2600000 base 35.0000% 2.38x —
66 2600010 – 2640000 base 35.5000% 2.35x —
67 2640010 – 2680000 base 36.0000% 2.33x —
68 2680010 – 2720000 base 36.5000% 2.30x —
69 2720010 – 2760000 base 37.0000% 2.27x —
70 2760010 – 2800000 base 37.5000% 2.25x —
71 2800010 – 2840000 base 38.0000% 2.22x —
72 2840010 – 2880000 base 38.5000% 2.20x —
73 2880010 – 2920000 base 39.0000% 2.17x —
74 2920010 – 2960000 base 39.5000% 2.15x —
75 2960010 – 3000000 base 40.0000% 2.13x —
76 3000010 – 3040000 base 40.5000% 2.11x —
77 3040010 – 3080000 base 41.0000% 2.08x —
78 3080010 – 3120000 base 41.5000% 2.06x —
79 3120010 – 3160000 base 42.0000% 2.04x —
80 3160010 – 3200000 base 42.5000% 2.02x —
81 3200010 – 3240000 base 43.0000% 2.00x —
82 3240010 – 3280000 base 43.5000% 1.98x —
83 3280010 – 3320000 base 44.0000% 1.96x —
84 3320010 – 3360000 base 44.5000% 1.94x —
85 3360010 – 3400000 base 45.0000% 1.92x —
86 3400010 – 3440000 base 45.5000% 1.90x —
87 3440010 – 3480000 base 46.0000% 1.89x —

Gate · O_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

Bybit · OUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 2.5000% 20.00x —
2 5000 – 6000 quote 2.6300% 19.00x 6.5
3 6000 – 7000 quote 2.7800% 18.00x 15.5
4 7000 – 8000 quote 2.9400% 17.00x 26.7
5 8000 – 9000 quote 3.1300% 16.00x 41.9
6 9000 – 10000 quote 3.3300% 15.00x 59.9
7 10000 – 12000 quote 3.5700% 14.00x 83.9
8 12000 – 14000 quote 3.8500% 13.00x 117.5
9 14000 – 16000 quote 4.1700% 12.00x 162.3
10 16000 – 18000 quote 4.5500% 11.00x 223.1
11 18000 – 20000 quote 5.0000% 10.00x 304.1
12 20000 – 22000 quote 5.2600% 9.50x 356.1
13 22000 – 24000 quote 5.5600% 9.00x 422.1
14 24000 – 26000 quote 5.8800% 8.50x 498.9
15 26000 – 28000 quote 6.2500% 8.00x 595.1
16 28000 – 30500 quote 6.6700% 7.50x 712.7
17 30500 – 34000 quote 7.1400% 7.00x 856.05
18 34000 – 37500 quote 7.6900% 6.50x 1043.05
19 37500 – 41000 quote 8.3300% 6.00x 1283.05
20 41000 – 44500 quote 9.0900% 5.50x 1594.65
21 44500 – 50000 quote 10.0000% 5.00x 1999.6
22 50000 – 75000 quote 11.1100% 4.50x 2554.6
23 75000 – 100000 quote 12.5000% 4.00x 3597.1
24 100000 – 150000 quote 14.2900% 3.50x 5387.1
25 150000 – 200000 quote 16.6700% 3.00x 8957.1
26 200000 – 300000 quote 20.0000% 2.50x 15617.1
27 300000 – 500000 quote 25.0000% 2.00x 30617.1
28 500000 – 1000000 quote 28.5700% 1.75x 48467.1
29 1000000 – 1750000 quote 33.3300% 1.50x 96067.1
30 1750000 – ∞ quote 50.0000% 1.00x 387792.1