OP perpetuals
Compare funding costs for one asset across venues.
Data as of 2026-10-15 04:09 UTC
OP is quoted on 9 contracts. The highest funding rate is on Aster at +10.95% annualised, quoted per 8h, and the lowest is on Gate at -19.71% — a gap of 30.66 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-chainOPUSDT | +0.0100%8h | +10.95% | +10.95% |
10x | 1.0M | |
| BitgetCentralisedOPUSDT | +0.0100%8h | +10.95% | +10.83% |
75x | 10.8M | |
| BybitCentralisedOPPERP | +0.0100%8h | +10.95% | — no history yet |
50x | 371.3K | |
| BybitCentralisedOPUSDT | +0.0100%8h | +10.95% | +6.11% |
75x | 51.7M | |
| HyperliquidOn-chainOP | +0.0013%1h | +10.95% | +8.36% |
5x | 5.9M | |
| LighterOn-chainOP | +0.0096%8h | +10.51% | — no history yet |
15x | 1.4M | |
| OKXCentralisedOP-USDT-SWAP | -0.0043%8h | -4.71% | +5.33% |
50x | 64.8M | |
| BinanceCentralisedOPUSDT | -0.0069%8h | -7.59% | +5.92% |
75x | 150.4M | |
| GateCentralisedOP_USDT | -0.0180%8h | -19.71% | +2.13% |
50x | 4.4M |
Common questions
Which exchanges list OP perpetual futures?
OP trades as 9 perpetual contracts across 8 venues: Aster, Binance, Bitget, Bybit, Gate, Hyperliquid, Lighter and OKX. The busiest is Binance, with $150.4M of 24h turnover — 52% of the total.
Where is OP funding cheapest right now?
For a long, the most favourable collected rate is -19.71% annualised on Gate; for a short, it is +10.95% on Aster — a gap of 30.66 points. Venues disagree on direction: a long is paid on Gate but pays on Aster.
How much funding does a 10,000 USDT OP position pay per day?
At current rates a 10,000 USDT long pays about +3.00 USDT a day on Aster and -5.40 USDT on Gate. Over the past 30 days Aster actually settled an average of +3.00 USDT a day on the same position. A negative figure means the long is paid.
How often does OP funding settle?
It depends on the venue: Hyperliquid and Lighter every 1h; Aster, Binance, Bitget, Bybit, Gate and OKX every 8h.
What has OP funding actually paid over the past 30 days?
The highest realised figure was on Aster: +10.95% annualised across 90 settlements, 0% of them negative. The lowest was Gate, at +2.13%. 7 of the 9 contracts have at least a week of settled history to measure.
What is the highest leverage available on OP?
The highest collected cap is 75x, on Binance, Bitget and Bybit OPUSDT. On Binance it applies up to 10K USDT of notional; above that the cap drops to 50x.
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
OP comparison scope and payment direction
This page retains low-turnover OP 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, USDC 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.
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Margin ladders
Aster · OPUSDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 500000 quote | 5.0000% | 10.00x | — |
| 2 | 500000 – 1000000 quote | 10.0000% | 5.00x | 25000 |
| 3 | 1000000 – 2500000 quote | 12.5000% | 4.00x | 50000 |
| 4 | 2500000 – 5000000 quote | 16.6700% | 3.00x | 154250 |
| 5 | 5000000 – 10000000 quote | 25.0000% | 2.00x | 570750 |
| 6 | 10000000 – 1000000000 quote | 50.0000% | 1.00x | 3070750 |
Bitget · OPUSDT No deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 10000 quote | 0.6600% | 75.00x | — |
| 2 | 10000 – 200000 quote | 1.5000% | 50.00x | — |
| 3 | 200000 – 400000 quote | 1.8000% | 40.00x | — |
| 4 | 400000 – 700000 quote | 2.5000% | 25.00x | — |
| 5 | 700000 – 900000 quote | 3.0000% | 20.00x | — |
| 6 | 900000 – 3000000 quote | 5.0000% | 10.00x | — |
| 7 | 3000000 – 11000000 quote | 12.0000% | 5.00x | — |
| 8 | 11000000 – 12000000 quote | 15.0000% | 4.00x | — |
| 9 | 12000000 – 14000000 quote | 30.0000% | 2.00x | — |
| 10 | 14000000 – ∞ quote | 60.0000% | 1.00x | — |
Bybit · OPPERP With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 150000 quote | 1.0000% | 50.00x | — |
| 2 | 150000 – 300000 quote | 1.5000% | 33.34x | 750 |
| 3 | 300000 – 450000 quote | 2.0000% | 25.00x | 2250 |
| 4 | 450000 – 600000 quote | 2.5000% | 20.00x | 4500 |
| 5 | 600000 – 750000 quote | 3.0000% | 16.67x | 7500 |
| 6 | 750000 – 900000 quote | 3.5000% | 14.29x | 11250 |
| 7 | 900000 – 1050000 quote | 4.0000% | 12.50x | 15750 |
| 8 | 1050000 – 1200000 quote | 4.5000% | 11.12x | 21000 |
| 9 | 1200000 – 1350000 quote | 5.0000% | 10.00x | 27000 |
| 10 | 1350000 – ∞ quote | 5.5000% | 9.10x | 33750 |
Bybit · OPUSDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 10000 quote | 1.0000% | 75.00x | — |
| 2 | 10000 – 15000 quote | 1.0000% | 70.00x | — |
| 3 | 15000 – 20000 quote | 1.0000% | 65.00x | — |
| 4 | 20000 – 30000 quote | 1.0000% | 55.00x | — |
| 5 | 30000 – 50000 quote | 1.0000% | 50.00x | — |
| 6 | 50000 – 100000 quote | 1.1100% | 45.00x | 55 |
| 7 | 100000 – 150000 quote | 1.2500% | 40.00x | 195 |
| 8 | 150000 – 200000 quote | 1.4300% | 35.00x | 465 |
| 9 | 200000 – 250000 quote | 1.6700% | 30.00x | 945 |
| 10 | 250000 – 300000 quote | 2.0000% | 25.00x | 1770 |
| 11 | 300000 – 550000 quote | 2.5000% | 20.00x | 3270 |
| 12 | 550000 – 600000 quote | 2.6300% | 19.00x | 3985 |
| 13 | 600000 – 650000 quote | 2.7800% | 18.00x | 4885 |
| 14 | 650000 – 700000 quote | 2.9400% | 17.00x | 5925 |
| 15 | 700000 – 750000 quote | 3.1300% | 16.00x | 7255 |
| 16 | 750000 – 800000 quote | 3.3300% | 15.00x | 8755 |
| 17 | 800000 – 1000000 quote | 3.5700% | 14.00x | 10675 |
| 18 | 1000000 – 1500000 quote | 3.8500% | 13.00x | 13475 |
| 19 | 1500000 – 2000000 quote | 4.1700% | 12.00x | 18275 |
| 20 | 2000000 – 2500000 quote | 4.5500% | 11.00x | 25875 |
| 21 | 2500000 – 3000000 quote | 5.0000% | 10.00x | 37125 |
| 22 | 3000000 – 6500000 quote | 5.5600% | 9.00x | 53925 |
| 23 | 6500000 – 7500000 quote | 6.2500% | 8.00x | 98775 |
| 24 | 7500000 – 9000000 quote | 7.1400% | 7.00x | 165525 |
| 25 | 9000000 – 10000000 quote | 8.3300% | 6.00x | 272625 |
| 26 | 10000000 – 11000000 quote | 10.0000% | 5.00x | 439625 |
| 27 | 11000000 – 12000000 quote | 12.5000% | 4.00x | 714625 |
| 28 | 12000000 – 13500000 quote | 16.6700% | 3.00x | 1215025 |
| 29 | 13500000 – 14000000 quote | 25.0000% | 2.00x | 2339575 |
| 30 | 14000000 – 15000000 quote | 33.3300% | 1.50x | 3505775 |
| 31 | 15000000 – ∞ quote | 50.0000% | 1.00x | 6006275 |
Hyperliquid · OP With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – ∞ quote | 10.0000% | 5.00x | — |
Lighter · OP No deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – ∞ quote | 3.9900% | 15.00x | — |
OKX · OP-USDT-SWAP No deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 100000 base | 1.0000% | 50.00x | — |
| 2 | 100001 – 200000 base | 1.5000% | 40.00x | — |
| 3 | 200001 – 400000 base | 3.0000% | 20.00x | — |
| 4 | 400001 – 800000 base | 3.5000% | 18.18x | — |
| 5 | 800001 – 1200000 base | 4.0000% | 16.66x | — |
| 6 | 1200001 – 1600000 base | 4.5000% | 15.38x | — |
| 7 | 1600001 – 2000000 base | 5.0000% | 14.28x | — |
| 8 | 2000001 – 2400000 base | 5.5000% | 13.33x | — |
| 9 | 2400001 – 2800000 base | 6.0000% | 12.50x | — |
| 10 | 2800001 – 3200000 base | 6.5000% | 11.76x | — |
| 11 | 3200001 – 3600000 base | 7.0000% | 11.11x | — |
| 12 | 3600001 – 4000000 base | 7.5000% | 10.52x | — |
| 13 | 4000001 – 4400000 base | 8.0000% | 10.00x | — |
| 14 | 4400001 – 4800000 base | 8.5000% | 9.52x | — |
| 15 | 4800001 – 5200000 base | 9.0000% | 9.09x | — |
| 16 | 5200001 – 5600000 base | 9.5000% | 8.69x | — |
| 17 | 5600001 – 6000000 base | 10.0000% | 8.33x | — |
| 18 | 6000001 – 6400000 base | 10.5000% | 8.00x | — |
| 19 | 6400001 – 6800000 base | 11.0000% | 7.69x | — |
| 20 | 6800001 – 7200000 base | 11.5000% | 7.40x | — |
| 21 | 7200001 – 7600000 base | 12.0000% | 7.14x | — |
| 22 | 7600001 – 8000000 base | 12.5000% | 6.89x | — |
| 23 | 8000001 – 8400000 base | 13.0000% | 6.66x | — |
| 24 | 8400001 – 8800000 base | 13.5000% | 6.45x | — |
| 25 | 8800001 – 9200000 base | 14.0000% | 6.25x | — |
| 26 | 9200001 – 9600000 base | 14.5000% | 6.06x | — |
| 27 | 9600001 – 10000000 base | 15.0000% | 5.88x | — |
| 28 | 10000001 – 10400000 base | 15.5000% | 5.71x | — |
| 29 | 10400001 – 10800000 base | 16.0000% | 5.55x | — |
| 30 | 10800001 – 11200000 base | 16.5000% | 5.40x | — |
| 31 | 11200001 – 11600000 base | 17.0000% | 5.26x | — |
| 32 | 11600001 – 12000000 base | 17.5000% | 5.12x | — |
| 33 | 12000001 – 12400000 base | 18.0000% | 5.00x | — |
| 34 | 12400001 – 12800000 base | 18.5000% | 4.87x | — |
| 35 | 12800001 – 13200000 base | 19.0000% | 4.76x | — |
| 36 | 13200001 – 13600000 base | 19.5000% | 4.65x | — |
| 37 | 13600001 – 14000000 base | 20.0000% | 4.54x | — |
| 38 | 14000001 – 14400000 base | 20.5000% | 4.44x | — |
| 39 | 14400001 – 14800000 base | 21.0000% | 4.34x | — |
| 40 | 14800001 – 15200000 base | 21.5000% | 4.25x | — |
| 41 | 15200001 – 15600000 base | 22.0000% | 4.16x | — |
| 42 | 15600001 – 16000000 base | 22.5000% | 4.08x | — |
| 43 | 16000001 – 16400000 base | 23.0000% | 4.00x | — |
| 44 | 16400001 – 16800000 base | 23.5000% | 3.92x | — |
| 45 | 16800001 – 17200000 base | 24.0000% | 3.84x | — |
| 46 | 17200001 – 17600000 base | 24.5000% | 3.77x | — |
| 47 | 17600001 – 18000000 base | 25.0000% | 3.70x | — |
| 48 | 18000001 – 18400000 base | 25.5000% | 3.63x | — |
| 49 | 18400001 – 18800000 base | 26.0000% | 3.57x | — |
| 50 | 18800001 – 19200000 base | 26.5000% | 3.50x | — |
| 51 | 19200001 – 19600000 base | 27.0000% | 3.44x | — |
| 52 | 19600001 – 20000000 base | 27.5000% | 3.38x | — |
| 53 | 20000001 – 20400000 base | 28.0000% | 3.33x | — |
| 54 | 20400001 – 20800000 base | 28.5000% | 3.27x | — |
| 55 | 20800001 – 21200000 base | 29.0000% | 3.22x | — |
| 56 | 21200001 – 21600000 base | 29.5000% | 3.17x | — |
| 57 | 21600001 – 22000000 base | 30.0000% | 3.12x | — |
| 58 | 22000001 – 22400000 base | 30.5000% | 3.07x | — |
| 59 | 22400001 – 22800000 base | 31.0000% | 3.03x | — |
| 60 | 22800001 – 23200000 base | 31.5000% | 2.98x | — |
| 61 | 23200001 – 23600000 base | 32.0000% | 2.94x | — |
| 62 | 23600001 – 24000000 base | 32.5000% | 2.89x | — |
| 63 | 24000001 – 24400000 base | 33.0000% | 2.85x | — |
| 64 | 24400001 – 24800000 base | 33.5000% | 2.81x | — |
| 65 | 24800001 – 25200000 base | 34.0000% | 2.77x | — |
| 66 | 25200001 – 25600000 base | 34.5000% | 2.73x | — |
| 67 | 25600001 – 26000000 base | 35.0000% | 2.70x | — |
| 68 | 26000001 – 26400000 base | 35.5000% | 2.66x | — |
| 69 | 26400001 – 26800000 base | 36.0000% | 2.63x | — |
| 70 | 26800001 – 27200000 base | 36.5000% | 2.59x | — |
| 71 | 27200001 – 27600000 base | 37.0000% | 2.56x | — |
| 72 | 27600001 – 28000000 base | 37.5000% | 2.53x | — |
| 73 | 28000001 – 28400000 base | 38.0000% | 2.50x | — |
| 74 | 28400001 – 28800000 base | 38.5000% | 2.46x | — |
| 75 | 28800001 – 29200000 base | 39.0000% | 2.43x | — |
| 76 | 29200001 – 29600000 base | 39.5000% | 2.40x | — |
| 77 | 29600001 – 30000000 base | 40.0000% | 2.38x | — |
| 78 | 30000001 – 30400000 base | 40.5000% | 2.35x | — |
| 79 | 30400001 – 30800000 base | 41.0000% | 2.32x | — |
| 80 | 30800001 – 31200000 base | 41.5000% | 2.29x | — |
| 81 | 31200001 – 31600000 base | 42.0000% | 2.27x | — |
| 82 | 31600001 – 32000000 base | 42.5000% | 2.24x | — |
| 83 | 32000001 – 32400000 base | 43.0000% | 2.22x | — |
| 84 | 32400001 – 32800000 base | 43.5000% | 2.19x | — |
| 85 | 32800001 – 33200000 base | 44.0000% | 2.17x | — |
| 86 | 33200001 – 33600000 base | 44.5000% | 2.15x | — |
| 87 | 33600001 – 34000000 base | 45.0000% | 2.12x | — |
| 88 | 34000001 – 34400000 base | 45.5000% | 2.10x | — |
| 89 | 34400001 – 34800000 base | 46.0000% | 2.08x | — |
| 90 | 34800001 – 35200000 base | 46.5000% | 2.06x | — |
| 91 | 35200001 – 35600000 base | 47.0000% | 2.04x | — |
| 92 | 35600001 – 36000000 base | 47.5000% | 2.02x | — |
| 93 | 36000001 – 36400000 base | 48.0000% | 2.00x | — |
Binance · OPUSDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 10000 quote | 0.6000% | 75.00x | — |
| 2 | 10000 – 50000 quote | 1.0000% | 50.00x | 40 |
| 3 | 50000 – 80000 quote | 1.5000% | 40.00x | 290 |
| 4 | 80000 – 300000 quote | 2.0000% | 25.00x | 690 |
| 5 | 300000 – 600000 quote | 2.5000% | 20.00x | 2190 |
| 6 | 600000 – 3000000 quote | 5.0000% | 10.00x | 17190 |
| 7 | 3000000 – 6000000 quote | 10.0000% | 5.00x | 167190 |
| 8 | 6000000 – 7500000 quote | 12.5000% | 4.00x | 317190 |
| 9 | 7500000 – 18000000 quote | 25.0000% | 2.00x | 1254690 |
| 10 | 18000000 – 30000000 quote | 50.0000% | 1.00x | 5754690 |
Gate · OP_USDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 20000 quote | 1.0000% | 50.00x | — |
| 2 | 20000 – 30000 quote | 1.2000% | 45.00x | 40 |
| 3 | 30000 – 50000 quote | 1.5000% | 40.00x | 130 |
| 4 | 50000 – 70000 quote | 1.8000% | 35.00x | 280 |
| 5 | 70000 – 100000 quote | 2.0000% | 33.00x | 420 |
| 6 | 100000 – 150000 quote | 2.3000% | 30.00x | 720 |
| 7 | 150000 – 200000 quote | 2.5000% | 28.00x | 1020 |
| 8 | 200000 – 250000 quote | 3.0000% | 25.00x | 2020 |
| 9 | 250000 – 300000 quote | 3.3000% | 23.00x | 2770 |
| 10 | 300000 – 350000 quote | 3.7000% | 21.00x | 3970 |
| 11 | 350000 – 400000 quote | 4.0000% | 20.00x | 5020 |
| 12 | 400000 – 450000 quote | 4.5000% | 18.00x | 7020 |
| 13 | 450000 – 500000 quote | 5.5000% | 15.00x | 11520 |
| 14 | 500000 – 700000 quote | 6.5000% | 12.50x | 16520 |
| 15 | 700000 – 1000000 quote | 8.0000% | 10.00x | 27020 |
| 16 | 1000000 – 1500000 quote | 14.0000% | 6.00x | 87020 |
| 17 | 1500000 – 2000000 quote | 18.0000% | 5.00x | 147020 |
| 18 | 2000000 – 2500000 quote | 30.0000% | 3.00x | 387020 |
| 19 | 2500000 – 3000000 quote | 45.0000% | 2.00x | 762020 |
| 20 | 3000000 – 4000000 quote | 75.0000% | 1.25x | 1662020 |
| 21 | 4000000 – ∞ quote | 95.0000% | 1.00x | 2462020 |