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TURTLE perpetuals

Compare funding costs for one asset across venues.

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

TURTLE is quoted on 4 contracts. The highest funding rate is on Binance at +10.95% annualised, quoted per 4h, and the lowest is on Bybit at -2.32% — a gap of 13.27 points. Rate periods differ across these contracts, so each is converted to a simple annualised figure before comparison.

Highest rate now
+10.95%
Binance · 4h
Lowest rate now
-2.32%
Bybit · 4h
Spread
13.27
points
Highest 30d realised APR
+14.27%
Binance

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
BinanceCentralisedTURTLEUSDT +0.0050%4h +10.95% +14.27%
Annualised · +14.27% · range +11.0% … +89.8% · 128 settlements
20x 782.2K
GateCentralisedTURTLE_USDT +0.0100%8h +10.95% —
no history yet
20x 15.0K
AsterOn-chainTURTLEUSDT +0.0022%4h +4.77% —
no history yet
5x 1.0K
BybitCentralisedTURTLEUSDT -0.0011%4h -2.32% —
no history yet
25x 44.2K

Common questions

Which exchanges list TURTLE perpetual futures?

TURTLE trades as 4 perpetual contracts across 4 venues: Aster, Binance, Bybit and Gate. The busiest is Binance, with $782.2K of 24h turnover — 93% of the total.

Where is TURTLE funding cheapest right now?

For a long, the most favourable collected rate is -2.32% annualised on Bybit; for a short, it is +10.95% on Binance — a gap of 13.27 points. Venues disagree on direction: a long is paid on Bybit but pays on Binance.

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

At current rates a 10,000 USDT long pays about +3.00 USDT a day on Binance and -0.63 USDT on Bybit. Over the past 30 days Binance actually settled an average of +3.91 USDT a day on the same position. A negative figure means the long is paid.

How often does TURTLE funding settle?

It depends on the venue: Aster, Binance and Bybit every 4h; Gate every 8h.

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

The highest realised figure was on Binance: +14.27% annualised across 128 settlements, 0% of them negative. 1 of the 4 contracts have at least a week of settled history to measure.

What is the highest leverage available on TURTLE?

The highest collected cap is 25x, on Bybit. On Bybit 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

TURTLE comparison scope and payment direction

This page retains low-turnover TURTLE 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

Binance · TURTLEUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 2.5000% 20.00x —
2 5000 – 10000 quote 5.0000% 10.00x 125
3 10000 – 60000 quote 10.0000% 5.00x 625
4 60000 – 70000 quote 12.5000% 4.00x 2125
5 70000 – 250000 quote 16.6700% 3.00x 5044
6 250000 – 2500000 quote 25.0000% 2.00x 25869
7 2500000 – 5000000 quote 50.0000% 1.00x 650869

Gate · TURTLE_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 2.5000% 20.00x —
2 5000 – 10000 quote 3.0000% 18.00x 25
3 10000 – 20000 quote 4.0000% 15.00x 125
4 20000 – 50000 quote 4.5000% 12.00x 225
5 50000 – 70000 quote 5.0000% 10.00x 475
6 70000 – 100000 quote 6.0000% 8.00x 1175
7 100000 – 150000 quote 8.0000% 7.00x 3175
8 150000 – 200000 quote 10.0000% 6.00x 6175
9 200000 – 300000 quote 15.0000% 5.00x 16175
10 300000 – 500000 quote 20.0000% 4.00x 31175
11 500000 – 1000000 quote 24.0000% 3.50x 51175
12 1000000 – 1500000 quote 28.0000% 3.00x 91175
13 1500000 – 2000000 quote 35.0000% 2.50x 196175
14 2000000 – 2500000 quote 45.0000% 2.00x 396175
15 2500000 – 3000000 quote 60.0000% 1.50x 771175
16 3000000 – 4000000 quote 78.0000% 1.20x 1311175
17 4000000 – ∞ quote 90.0000% 1.05x 1791175

Aster · TURTLEUSDT 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

Bybit · TURTLEUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 2.0000% 25.00x —
2 5000 – 10000 quote 2.5000% 20.00x 25
3 10000 – 12000 quote 3.1300% 16.00x 88
4 12000 – 14000 quote 3.5700% 14.00x 140.8
5 14000 – 16000 quote 4.1700% 12.00x 224.8
6 16000 – 18000 quote 4.5500% 11.00x 285.6
7 18000 – 20000 quote 5.0000% 10.00x 366.6
8 20000 – 23500 quote 5.5600% 9.00x 478.6
9 23500 – 27000 quote 6.2500% 8.00x 640.75
10 27000 – 30500 quote 6.6700% 7.50x 754.15
11 30500 – 34000 quote 7.1400% 7.00x 897.5
12 34000 – 37500 quote 7.6900% 6.50x 1084.5
13 37500 – 41000 quote 8.3300% 6.00x 1324.5
14 41000 – 44500 quote 9.0900% 5.50x 1636.1
15 44500 – 50000 quote 10.0000% 5.00x 2041.05
16 50000 – 62500 quote 10.5300% 4.75x 2306.05
17 62500 – 75000 quote 11.1100% 4.50x 2668.55
18 75000 – 87500 quote 11.7600% 4.25x 3156.05
19 87500 – 100000 quote 12.5000% 4.00x 3803.55
20 100000 – 125000 quote 13.3300% 3.75x 4633.55
21 125000 – 150000 quote 14.2900% 3.50x 5833.55
22 150000 – 175000 quote 15.3800% 3.25x 7468.55
23 175000 – 200000 quote 16.6700% 3.00x 9726.05
24 200000 – 250000 quote 18.1800% 2.75x 12746.05
25 250000 – 300000 quote 20.0000% 2.50x 17296.05
26 300000 – 350000 quote 22.2200% 2.25x 23956.05
27 350000 – 500000 quote 25.0000% 2.00x 33686.05
28 500000 – 1000000 quote 28.5700% 1.75x 51536.05
29 1000000 – 1750000 quote 33.3300% 1.50x 99136.05
30 1750000 – ∞ quote 50.0000% 1.00x 390861.05