ON perpetuals
Compare funding costs for one asset across venues.
Data as of 2026-10-15 04:09 UTC
ON is quoted on 5 contracts. The highest funding rate is on Aster at +17.93% annualised, quoted per 4h, and the lowest is on OKX at 0.00% — a gap of 17.93 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 |
|---|---|---|---|---|---|---|
| AsterOn-chainONUSDT | +0.0082%4h | +17.93% | — no history yet |
5x | 30.8K | |
| BinanceCentralisedONUSDT | +0.0050%4h | +10.95% | +16.52% |
50x | 4.0M | |
| GateCentralisedON_USDT | +0.0050%4h | +10.95% | — no history yet |
5x | 122.2K | |
| BybitCentralisedONUSDT | 0.0000%8h | 0.00% | — no history yet |
50x | 63.7K | |
| OKXCentralisedON-USDT-SWAP | 0.0000%8h | 0.00% | — no history yet |
10x | 79.8K |
Common questions
Which exchanges list ON perpetual futures?
ON trades as 5 perpetual contracts across 5 venues: Aster, Binance, Bybit, Gate and OKX. The busiest is Binance, with $4M of 24h turnover — 93% of the total.
Where is ON funding cheapest right now?
For a long, the most favourable collected rate is 0.00% annualised on OKX; for a short, it is +17.93% on Aster — a gap of 17.93 points.
How much funding does a 10,000 USDT ON position pay per day?
At current rates a 10,000 USDT long pays about +4.91 USDT a day on Aster and 0.00 USDT on OKX.
How often does ON funding settle?
It depends on the venue: Aster, Binance and Gate every 4h; Bybit and OKX every 8h.
What has ON funding actually paid over the past 30 days?
The highest realised figure was on Binance: +16.52% annualised across 169 settlements, 0% of them negative. 1 of the 5 contracts have at least a week of settled history to measure.
What is the highest leverage available on ON?
The highest collected cap is 50x, on Binance and Bybit. On Binance it applies up to 5K USDT of notional; above that the cap drops to 20x.
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
ON comparison scope and payment direction
This page retains low-turnover ON 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.
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Margin ladders
Aster · ONUSDT 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 |
Binance · ONUSDT 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 |
Gate · ON_USDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 15.0000% | 5.00x | — |
| 2 | 5000 – 7000 quote | 20.0000% | 4.00x | 250 |
| 3 | 7000 – 10000 quote | 25.0000% | 3.33x | 600 |
| 4 | 10000 – 20000 quote | 30.0000% | 3.00x | 1100 |
| 5 | 20000 – 30000 quote | 40.0000% | 2.22x | 3100 |
| 6 | 30000 – 50000 quote | 45.0000% | 2.00x | 4600 |
| 7 | 50000 – 100000 quote | 50.0000% | 1.66x | 7100 |
| 8 | 100000 – 200000 quote | 60.0000% | 1.42x | 17100 |
| 9 | 200000 – 500000 quote | 70.0000% | 1.25x | 37100 |
| 10 | 500000 – 1000000 quote | 80.0000% | 1.11x | 87100 |
| 11 | 1000000 – ∞ quote | 90.0000% | 1.01x | 187100 |
Bybit · ONUSDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 30000 quote | 1.0000% | 50.00x | — |
| 2 | 30000 – 40000 quote | 1.2500% | 40.00x | 75 |
| 3 | 40000 – 60000 quote | 1.6700% | 30.00x | 243 |
| 4 | 60000 – 75000 quote | 2.0000% | 25.00x | 441 |
| 5 | 75000 – 90000 quote | 2.0800% | 24.00x | 501 |
| 6 | 90000 – 105000 quote | 2.1700% | 23.00x | 582 |
| 7 | 105000 – 120000 quote | 2.2700% | 22.00x | 687 |
| 8 | 120000 – 150000 quote | 2.3800% | 21.00x | 819 |
| 9 | 150000 – 200000 quote | 2.5000% | 20.00x | 999 |
| 10 | 200000 – 270000 quote | 2.6300% | 19.00x | 1259 |
| 11 | 270000 – 390000 quote | 2.7800% | 18.00x | 1664 |
| 12 | 390000 – 510000 quote | 2.9400% | 17.00x | 2288 |
| 13 | 510000 – 630000 quote | 3.1300% | 16.00x | 3257 |
| 14 | 630000 – 750000 quote | 3.3300% | 15.00x | 4517 |
| 15 | 750000 – 900000 quote | 3.5700% | 14.00x | 6317 |
| 16 | 900000 – 1237500 quote | 3.8500% | 13.00x | 8837 |
| 17 | 1237500 – 1575000 quote | 4.1700% | 12.00x | 12797 |
| 18 | 1575000 – 1912500 quote | 4.5500% | 11.00x | 18782 |
| 19 | 1912500 – 3000000 quote | 5.0000% | 10.00x | 27388.25 |
| 20 | 3000000 – 3600000 quote | 5.5600% | 9.00x | 44188.25 |
| 21 | 3600000 – 4200000 quote | 6.2500% | 8.00x | 69028.25 |
| 22 | 4200000 – 4800000 quote | 7.1400% | 7.00x | 106408.25 |
| 23 | 4800000 – 5400000 quote | 8.3300% | 6.00x | 163528.25 |
| 24 | 5400000 – 10000000 quote | 10.0000% | 5.00x | 253708.25 |
| 25 | 10000000 – 20000000 quote | 12.5000% | 4.00x | 503708.25 |
| 26 | 20000000 – 30000000 quote | 16.6700% | 3.00x | 1337708.25 |
| 27 | 30000000 – 40000000 quote | 20.0000% | 2.50x | 2336708.25 |
| 28 | 40000000 – 50000000 quote | 25.0000% | 2.00x | 4336708.25 |
| 29 | 50000000 – 70000000 quote | 33.3300% | 1.50x | 8501708.25 |
| 30 | 70000000 – ∞ quote | 50.0000% | 1.00x | 20170708.25 |
OKX · ON-USDT-SWAP No deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 28 base | 3.5000% | 10.00x | — |
| 2 | 28.1 – 56 base | 4.0000% | 9.52x | — |
| 3 | 56.1 – 84 base | 4.5000% | 9.09x | — |
| 4 | 84.1 – 112 base | 5.0000% | 8.69x | — |
| 5 | 112.1 – 140 base | 5.5000% | 8.33x | — |
| 6 | 140.1 – 168 base | 6.0000% | 8.00x | — |
| 7 | 168.1 – 196 base | 6.5000% | 7.69x | — |
| 8 | 196.1 – 224 base | 7.0000% | 7.40x | — |
| 9 | 224.1 – 252 base | 7.5000% | 7.14x | — |
| 10 | 252.1 – 280 base | 8.0000% | 6.89x | — |
| 11 | 280.1 – 308 base | 8.5000% | 6.66x | — |
| 12 | 308.1 – 336 base | 9.0000% | 6.45x | — |
| 13 | 336.1 – 364 base | 9.5000% | 6.25x | — |
| 14 | 364.1 – 392 base | 10.0000% | 6.06x | — |
| 15 | 392.1 – 420 base | 10.5000% | 5.88x | — |
| 16 | 420.1 – 448 base | 11.0000% | 5.71x | — |
| 17 | 448.1 – 476 base | 11.5000% | 5.55x | — |
| 18 | 476.1 – 504 base | 12.0000% | 5.40x | — |
| 19 | 504.1 – 532 base | 12.5000% | 5.26x | — |
| 20 | 532.1 – 560 base | 13.0000% | 5.12x | — |
| 21 | 560.1 – 588 base | 13.5000% | 5.00x | — |
| 22 | 588.1 – 616 base | 14.0000% | 4.87x | — |
| 23 | 616.1 – 644 base | 14.5000% | 4.76x | — |
| 24 | 644.1 – 672 base | 15.0000% | 4.65x | — |
| 25 | 672.1 – 700 base | 15.5000% | 4.54x | — |
| 26 | 700.1 – 728 base | 16.0000% | 4.44x | — |
| 27 | 728.1 – 756 base | 16.5000% | 4.34x | — |
| 28 | 756.1 – 784 base | 17.0000% | 4.25x | — |
| 29 | 784.1 – 812 base | 17.5000% | 4.16x | — |
| 30 | 812.1 – 840 base | 18.0000% | 4.08x | — |
| 31 | 840.1 – 868 base | 18.5000% | 4.00x | — |
| 32 | 868.1 – 896 base | 19.0000% | 3.92x | — |
| 33 | 896.1 – 924 base | 19.5000% | 3.84x | — |
| 34 | 924.1 – 952 base | 20.0000% | 3.77x | — |
| 35 | 952.1 – 980 base | 20.5000% | 3.70x | — |
| 36 | 980.1 – 1008 base | 21.0000% | 3.63x | — |
| 37 | 1008.1 – 1036 base | 21.5000% | 3.57x | — |
| 38 | 1036.1 – 1064 base | 22.0000% | 3.50x | — |
| 39 | 1064.1 – 1092 base | 22.5000% | 3.44x | — |
| 40 | 1092.1 – 1120 base | 23.0000% | 3.38x | — |
| 41 | 1120.1 – 1148 base | 23.5000% | 3.33x | — |
| 42 | 1148.1 – 1176 base | 24.0000% | 3.27x | — |
| 43 | 1176.1 – 1204 base | 24.5000% | 3.22x | — |
| 44 | 1204.1 – 1232 base | 25.0000% | 3.17x | — |
| 45 | 1232.1 – 1260 base | 25.5000% | 3.12x | — |
| 46 | 1260.1 – 1288 base | 26.0000% | 3.07x | — |
| 47 | 1288.1 – 1316 base | 26.5000% | 3.03x | — |
| 48 | 1316.1 – 1344 base | 27.0000% | 2.98x | — |
| 49 | 1344.1 – 1372 base | 27.5000% | 2.94x | — |
| 50 | 1372.1 – 1400 base | 28.0000% | 2.89x | — |
| 51 | 1400.1 – 1428 base | 28.5000% | 2.85x | — |
| 52 | 1428.1 – 1456 base | 29.0000% | 2.81x | — |
| 53 | 1456.1 – 1484 base | 29.5000% | 2.77x | — |
| 54 | 1484.1 – 1512 base | 30.0000% | 2.73x | — |
| 55 | 1512.1 – 1540 base | 30.5000% | 2.70x | — |
| 56 | 1540.1 – 1568 base | 31.0000% | 2.66x | — |
| 57 | 1568.1 – 1596 base | 31.5000% | 2.63x | — |
| 58 | 1596.1 – 1624 base | 32.0000% | 2.59x | — |
| 59 | 1624.1 – 1652 base | 32.5000% | 2.56x | — |
| 60 | 1652.1 – 1680 base | 33.0000% | 2.53x | — |
| 61 | 1680.1 – 1708 base | 33.5000% | 2.50x | — |
| 62 | 1708.1 – 1736 base | 34.0000% | 2.46x | — |
| 63 | 1736.1 – 1764 base | 34.5000% | 2.43x | — |
| 64 | 1764.1 – 1792 base | 35.0000% | 2.40x | — |
| 65 | 1792.1 – 1820 base | 35.5000% | 2.38x | — |
| 66 | 1820.1 – 1848 base | 36.0000% | 2.35x | — |
| 67 | 1848.1 – 1876 base | 36.5000% | 2.32x | — |
| 68 | 1876.1 – 1904 base | 37.0000% | 2.29x | — |
| 69 | 1904.1 – 1932 base | 37.5000% | 2.27x | — |
| 70 | 1932.1 – 1960 base | 38.0000% | 2.24x | — |
| 71 | 1960.1 – 1988 base | 38.5000% | 2.22x | — |
| 72 | 1988.1 – 2016 base | 39.0000% | 2.19x | — |
| 73 | 2016.1 – 2044 base | 39.5000% | 2.17x | — |
| 74 | 2044.1 – 2072 base | 40.0000% | 2.15x | — |
| 75 | 2072.1 – 2100 base | 40.5000% | 2.12x | — |
| 76 | 2100.1 – 2128 base | 41.0000% | 2.10x | — |
| 77 | 2128.1 – 2156 base | 41.5000% | 2.08x | — |
| 78 | 2156.1 – 2184 base | 42.0000% | 2.06x | — |
| 79 | 2184.1 – 2212 base | 42.5000% | 2.04x | — |
| 80 | 2212.1 – 2240 base | 43.0000% | 2.02x | — |
| 81 | 2240.1 – 2268 base | 43.5000% | 2.00x | — |