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S perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-09-09 13:53 UTC

S is quoted on 8 contracts. The highest funding rate is on Binance at +10.95% annualised over a 4h rate period, and the lowest is on Aster at -19.24% — a gap of 30.19 points. Rate periods differ by venue, so rates are normalised to simple annualised values. Payment direction depends on whether the position is long or short.

Highest rate now
+10.95%
Binance · 4h
Lowest rate now
-19.24%
Aster · 4h
Spread
30.19
points

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
BinanceCentralisedSUSDT +0.0050%4h +10.95%
no history yet
75x 3.2M
BitgetCentralisedSUSDT +0.0050%4h +10.95%
no history yet
50x 547.9K
GateCentralisedS_USDT +0.0050%4h +10.95%
no history yet
50x 38.5K
HyperliquidOn-chainS +0.0013%1h +10.95%
no history yet
5x 161.8K
LighterOn-chainS +0.0096%8h +10.51%
no history yet
5x 33.8K
BybitCentralisedSUSDT +0.0033%4h +7.22%
no history yet
50x 1.0M
OKXCentralisedS-USDT-SWAP -0.0075%4h -16.43%
no history yet
20x 556.6K
AsterOn-chainSUSDT -0.0088%4h -19.24%
no history yet
7.9K

S comparison scope and payment direction

This page retains low-turnover S 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. Contracts can use different quote currencies, settlement currencies and multipliers; check their specifications before comparing. Annualisation method · Official sources.

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

Binance · SUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 1.0000% 75.00x
2 5000 – 10000 quote 1.5000% 50.00x 25
3 10000 – 25000 quote 2.0000% 25.00x 75
4 25000 – 50000 quote 2.5000% 20.00x 200
5 50000 – 125000 quote 5.0000% 10.00x 1450
6 125000 – 250000 quote 10.0000% 5.00x 7700
7 250000 – 500000 quote 12.5000% 4.00x 13950
8 500000 – 1000000 quote 16.6700% 3.00x 34800
9 1000000 – 7500000 quote 25.0000% 2.00x 118100
10 7500000 – 12000000 quote 50.0000% 1.00x 1993100

Bitget · SUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 1.0000% 50.00x
2 5000 – 10000 quote 2.0000% 25.00x
3 10000 – 30000 quote 2.5000% 20.00x
4 30000 – 50000 quote 4.0000% 15.00x
5 50000 – 100000 quote 5.0000% 10.00x
6 100000 – 200000 quote 12.0000% 5.00x
7 200000 – 500000 quote 15.0000% 4.00x
8 500000 – 1000000 quote 20.0000% 3.00x
9 1000000 – 2000000 quote 30.0000% 2.00x
10 2000000 – ∞ quote 60.0000% 1.00x

Gate · S_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 10000 quote 1.0000% 50.00x
2 10000 – 20000 quote 1.5000% 40.00x 50
3 20000 – 30000 quote 2.3000% 30.00x 210
4 30000 – 50000 quote 4.0000% 20.00x 720
5 50000 – 100000 quote 5.0000% 16.00x 1220
6 100000 – 150000 quote 7.0000% 12.00x 3220
7 150000 – 200000 quote 8.5000% 10.00x 5470
8 200000 – 300000 quote 17.0000% 5.00x 22470
9 300000 – 500000 quote 45.0000% 2.00x 106470
10 500000 – ∞ quote 90.0000% 1.05x 331470

Hyperliquid · S With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – ∞ quote 10.0000% 5.00x

Lighter · S No deduction

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

Bybit · SUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 10000 quote 1.5000% 50.00x
2 10000 – 25000 quote 2.0000% 25.00x 50
3 25000 – 30000 quote 2.0800% 24.00x 70
4 30000 – 35000 quote 2.1700% 23.00x 97
5 35000 – 40000 quote 2.2700% 22.00x 132
6 40000 – 45000 quote 2.3800% 21.00x 176
7 45000 – 50000 quote 2.5000% 20.00x 230
8 50000 – 60000 quote 2.6300% 19.00x 295
9 60000 – 70000 quote 2.7800% 18.00x 385
10 70000 – 80000 quote 2.9400% 17.00x 497
11 80000 – 90000 quote 3.1300% 16.00x 649
12 90000 – 100000 quote 3.3300% 15.00x 829
13 100000 – 110000 quote 3.5700% 14.00x 1069
14 110000 – 120000 quote 3.8500% 13.00x 1377
15 120000 – 130000 quote 4.1700% 12.00x 1761
16 130000 – 140000 quote 4.5500% 11.00x 2255
17 140000 – 150000 quote 5.0000% 10.00x 2885
18 150000 – 160000 quote 5.5600% 9.00x 3725
19 160000 – 170000 quote 6.2500% 8.00x 4829
20 170000 – 180000 quote 7.1400% 7.00x 6342
21 180000 – 200000 quote 8.3300% 6.00x 8484
22 200000 – 250000 quote 10.0000% 5.00x 11824
23 250000 – 300000 quote 11.1100% 4.50x 14599
24 300000 – 350000 quote 12.5000% 4.00x 18769
25 350000 – 400000 quote 14.2900% 3.50x 25034
26 400000 – 500000 quote 16.6700% 3.00x 34554
27 500000 – 750000 quote 20.0000% 2.50x 51204
28 750000 – 1250000 quote 25.0000% 2.00x 88704
29 1250000 – 2500000 quote 33.3300% 1.50x 192829
30 2500000 – ∞ quote 50.0000% 1.00x 609579

OKX · S-USDT-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 150000 base 2.0000% 20.00x
2 150010 – 300000 base 3.0000% 15.00x
3 300010 – 450000 base 4.0000% 12.50x
4 450010 – 600000 base 4.5000% 11.76x
5 600010 – 750000 base 5.0000% 11.11x
6 750010 – 900000 base 5.5000% 10.52x
7 900010 – 1050000 base 6.0000% 10.00x
8 1050010 – 1200000 base 6.5000% 9.52x
9 1200010 – 1350000 base 7.0000% 9.09x
10 1350010 – 1500000 base 7.5000% 8.69x
11 1500010 – 1650000 base 8.0000% 8.33x
12 1650010 – 1800000 base 8.5000% 8.00x
13 1800010 – 1950000 base 9.0000% 7.69x
14 1950010 – 2100000 base 9.5000% 7.40x
15 2100010 – 2250000 base 10.0000% 7.14x
16 2250010 – 2400000 base 10.5000% 6.89x
17 2400010 – 2550000 base 11.0000% 6.66x
18 2550010 – 2700000 base 11.5000% 6.45x
19 2700010 – 2850000 base 12.0000% 6.25x
20 2850010 – 3000000 base 12.5000% 6.06x
21 3000010 – 3150000 base 13.0000% 5.88x
22 3150010 – 3300000 base 13.5000% 5.71x
23 3300010 – 3450000 base 14.0000% 5.55x
24 3450010 – 3600000 base 14.5000% 5.40x
25 3600010 – 3750000 base 15.0000% 5.26x
26 3750010 – 3900000 base 15.5000% 5.12x
27 3900010 – 4050000 base 16.0000% 5.00x
28 4050010 – 4200000 base 16.5000% 4.87x
29 4200010 – 4350000 base 17.0000% 4.76x
30 4350010 – 4500000 base 17.5000% 4.65x
31 4500010 – 4650000 base 18.0000% 4.54x
32 4650010 – 4800000 base 18.5000% 4.44x
33 4800010 – 4950000 base 19.0000% 4.34x
34 4950010 – 5100000 base 19.5000% 4.25x
35 5100010 – 5250000 base 20.0000% 4.16x
36 5250010 – 5400000 base 20.5000% 4.08x
37 5400010 – 5550000 base 21.0000% 4.00x
38 5550010 – 5700000 base 21.5000% 3.92x
39 5700010 – 5850000 base 22.0000% 3.84x
40 5850010 – 6000000 base 22.5000% 3.77x
41 6000010 – 6150000 base 23.0000% 3.70x
42 6150010 – 6300000 base 23.5000% 3.63x
43 6300010 – 6450000 base 24.0000% 3.57x
44 6450010 – 6600000 base 24.5000% 3.50x
45 6600010 – 6750000 base 25.0000% 3.44x
46 6750010 – 6900000 base 25.5000% 3.38x
47 6900010 – 7050000 base 26.0000% 3.33x
48 7050010 – 7200000 base 26.5000% 3.27x
49 7200010 – 7350000 base 27.0000% 3.22x
50 7350010 – 7500000 base 27.5000% 3.17x
51 7500010 – 7650000 base 28.0000% 3.12x
52 7650010 – 7800000 base 28.5000% 3.07x
53 7800010 – 7950000 base 29.0000% 3.03x
54 7950010 – 8100000 base 29.5000% 2.98x
55 8100010 – 8250000 base 30.0000% 2.94x
56 8250010 – 8400000 base 30.5000% 2.89x
57 8400010 – 8550000 base 31.0000% 2.85x
58 8550010 – 8700000 base 31.5000% 2.81x
59 8700010 – 8850000 base 32.0000% 2.77x
60 8850010 – 9000000 base 32.5000% 2.73x
61 9000010 – 9150000 base 33.0000% 2.70x
62 9150010 – 9300000 base 33.5000% 2.66x
63 9300010 – 9450000 base 34.0000% 2.63x
64 9450010 – 9600000 base 34.5000% 2.59x
65 9600010 – 9750000 base 35.0000% 2.56x
66 9750010 – 9900000 base 35.5000% 2.53x
67 9900010 – 10050000 base 36.0000% 2.50x
68 10050010 – 10200000 base 36.5000% 2.46x
69 10200010 – 10350000 base 37.0000% 2.43x
70 10350010 – 10500000 base 37.5000% 2.40x
71 10500010 – 10650000 base 38.0000% 2.38x
72 10650010 – 10800000 base 38.5000% 2.35x
73 10800010 – 10950000 base 39.0000% 2.32x
74 10950010 – 11100000 base 39.5000% 2.29x
75 11100010 – 11250000 base 40.0000% 2.27x
76 11250010 – 11400000 base 40.5000% 2.24x
77 11400010 – 11550000 base 41.0000% 2.22x
78 11550010 – 11700000 base 41.5000% 2.19x
79 11700010 – 11850000 base 42.0000% 2.17x
80 11850010 – 12000000 base 42.5000% 2.15x
81 12000010 – 12150000 base 43.0000% 2.12x
82 12150010 – 12300000 base 43.5000% 2.10x
83 12300010 – 12450000 base 44.0000% 2.08x
84 12450010 – 12600000 base 44.5000% 2.06x
85 12600010 – 12750000 base 45.0000% 2.04x
86 12750010 – 12900000 base 45.5000% 2.02x
87 12900010 – 13050000 base 46.0000% 2.00x