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RED perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-10-15 04:08 UTC

RED is quoted on 5 contracts. The highest funding rate is on Bitget at +10.95% annualised, quoted per 4h, and the lowest is on Aster at -43.30% — a gap of 54.25 points. Every contract here quotes its rate per 4h.

Highest rate now
+10.95%
Bitget · 4h
Lowest rate now
-43.30%
Aster · 4h
Spread
54.25
points
Highest 30d realised APR
+8.01%
Bitget

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
BitgetCentralisedREDUSDT +0.0050%4h +10.95% +8.01%
Annualised · +8.01% · range -177.0% … +11.0% · 169 settlements
20x 613.8K
BybitCentralisedREDUSDT +0.0050%4h +10.95% +5.65%
Annualised · +5.65% · range -196.5% … +11.0% · 173 settlements
25x 930.9K
GateCentralisedRED_USDT +0.0050%4h +10.95% —
no history yet
25x 27.8K
BinanceCentralisedREDUSDT -0.0005%4h -1.13% +7.78%
Annualised · +7.78% · range -284.5% … +11.0% · 169 settlements
50x 4.9M
AsterOn-chainREDUSDT -0.0198%4h -43.30% —
no history yet
5x 17.8K

Common questions

Which exchanges list RED perpetual futures?

RED trades as 5 perpetual contracts across 5 venues: Aster, Binance, Bitget, Bybit and Gate. The busiest is Binance, with $4.9M of 24h turnover — 76% of the total.

Where is RED funding cheapest right now?

For a long, the most favourable collected rate is -43.30% annualised on Aster; for a short, it is +10.95% on Bitget — a gap of 54.25 points. Venues disagree on direction: a long is paid on Aster but pays on Bitget.

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

At current rates a 10,000 USDT long pays about +3.00 USDT a day on Bitget and -11.86 USDT on Aster. Over the past 30 days Bitget actually settled an average of +2.19 USDT a day on the same position. A negative figure means the long is paid.

How often does RED funding settle?

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

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

The highest realised figure was on Bitget: +8.01% annualised across 169 settlements, 4% of them negative. The lowest was Bybit, at +5.65%. 3 of the 5 contracts have at least a week of settled history to measure.

What is the highest leverage available on RED?

The highest collected cap is 50x, on Binance. On Binance it applies up to 5K USDT of notional; above that the cap drops to 25x.

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

RED comparison scope and payment direction

This page retains low-turnover RED 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

Bitget · REDUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 3.0000% 20.00x —
2 5000 – 10000 quote 4.0000% 15.00x —
3 10000 – 25000 quote 5.0000% 10.00x —
4 25000 – 125000 quote 7.0000% 8.00x —
5 125000 – 250000 quote 12.0000% 5.00x —
6 250000 – 500000 quote 15.0000% 4.00x —
7 500000 – 2500000 quote 30.0000% 2.00x —
8 2500000 – ∞ quote 60.0000% 1.00x —

Bybit · REDUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 2.0000% 25.00x —
2 5000 – 25000 quote 2.5000% 20.00x 25
3 25000 – 200000 quote 5.0000% 10.00x 650
4 200000 – 500000 quote 10.0000% 5.00x 10650
5 500000 – 850000 quote 12.5000% 4.00x 23150
6 850000 – 1500000 quote 25.0000% 2.00x 129400
7 1500000 – ∞ quote 50.0000% 1.00x 504400

Gate · RED_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 2.5000% 25.00x —
2 5000 – 7000 quote 3.0000% 22.00x 25
3 7000 – 10000 quote 3.5000% 20.00x 60
4 10000 – 15000 quote 4.0000% 18.00x 110
5 15000 – 20000 quote 5.0000% 15.00x 260
6 20000 – 30000 quote 6.0000% 12.00x 460
7 30000 – 50000 quote 8.0000% 10.00x 1060
8 50000 – 70000 quote 10.0000% 8.00x 2060
9 70000 – 100000 quote 12.0000% 6.00x 3460
10 100000 – 150000 quote 16.0000% 5.00x 7460
11 150000 – 200000 quote 20.0000% 4.00x 13460
12 200000 – 300000 quote 25.0000% 3.00x 23460
13 300000 – 500000 quote 45.0000% 2.00x 83460
14 500000 – 700000 quote 50.0000% 1.80x 108460
15 700000 – 1000000 quote 60.0000% 1.50x 178460
16 1000000 – 1500000 quote 78.0000% 1.20x 358460
17 1500000 – ∞ quote 90.0000% 1.05x 538460

Binance · REDUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 1.5000% 50.00x —
2 5000 – 10000 quote 2.0000% 25.00x 25
3 10000 – 25000 quote 2.5000% 20.00x 75
4 25000 – 62500 quote 5.0000% 10.00x 700
5 62500 – 125000 quote 10.0000% 5.00x 3825
6 125000 – 250000 quote 12.5000% 4.00x 6950
7 250000 – 500000 quote 16.6700% 3.00x 17375
8 500000 – 7500000 quote 25.0000% 2.00x 59025
9 7500000 – 12500000 quote 50.0000% 1.00x 1934025

Aster · REDUSDT 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