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USDC perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-10-15 04:09 UTC

USDC is quoted on 5 contracts. The highest funding rate is on Gate at +2.30% annualised, quoted per 8h, and the lowest is on Bybit at -34.16% — a gap of 36.46 points. Every contract here quotes its rate per 8h.

Highest rate now
+2.30%
Gate · 8h
Lowest rate now
-34.16%
Bybit · 8h
Spread
36.46
points
Highest 30d realised APR
+0.45%
Bybit

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
GateCentralisedUSDC_USDT +0.0021%8h +2.30% —
no history yet
 50x 112.9K
Liquidation → Trade
OKXCentralisedUSDC-USDT-SWAP 0.0000%8h 0.00% —
no history yet
 50x 38.4K
Liquidation → Trade
BinanceCentralisedUSDCUSDT -0.0075%8h -8.20% —
no history yet
 50x 2.7M
Liquidation → Trade
BitgetCentralisedUSDCUSDT -0.0089%8h -9.75% —
no history yet
 50x 10.6K
Liquidation → Trade
BybitCentralisedUSDCUSDT -0.0312%8h -34.16% +0.45%
Annualised · +0.45% · range -21.8% … +11.0% · 66 settlements
50x 280.8K
Liquidation → Trade

Common questions

Which exchanges list USDC perpetual futures?

USDC trades as 5 perpetual contracts across 5 venues: Binance, Bitget, Bybit, Gate and OKX. The busiest is Binance, with $2.7M of 24h turnover — 86% of the total.

Where is USDC funding cheapest right now?

For a long, the most favourable collected rate is -34.16% annualised on Bybit; for a short, it is +2.30% on Gate — a gap of 36.46 points. Venues disagree on direction: a long is paid on Bybit but pays on Gate.

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

At current rates a 10,000 USDT long pays about +0.63 USDT a day on Gate and -9.36 USDT on Bybit. Over the past 30 days Bybit actually settled an average of +0.12 USDT a day on the same position. A negative figure means the long is paid.

How often does USDC funding settle?

Every venue collected here settles USDC funding every 8h, 3 times a day.

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

The highest realised figure was on Bybit: +0.45% annualised across 66 settlements, 30% 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 USDC?

The highest collected cap is 50x, on Binance, Bitget, Bybit, Gate and OKX. 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

USDC comparison scope and payment direction

This page retains low-turnover USDC 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

Gate · USDC_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 10000 quote 1.0000% 50.00x —
2 10000 – 20000 quote 1.2000% 45.00x 20
3 20000 – 30000 quote 1.5000% 40.00x 80
4 30000 – 50000 quote 2.5000% 25.00x 380
5 50000 – 70000 quote 4.0000% 20.00x 1130
6 70000 – 100000 quote 6.5000% 12.50x 2880
7 100000 – 150000 quote 8.0000% 10.00x 4380
8 150000 – 200000 quote 11.0000% 7.50x 8880
9 200000 – 250000 quote 18.0000% 5.00x 22880
10 250000 – 300000 quote 30.0000% 3.00x 52880
11 300000 – 350000 quote 45.0000% 2.00x 97880
12 350000 – 400000 quote 50.0000% 1.80x 115380
13 400000 – 450000 quote 60.0000% 1.50x 155380
14 450000 – 500000 quote 78.0000% 1.20x 236380
15 500000 – 700000 quote 85.0000% 1.10x 271380
16 700000 – ∞ quote 90.0000% 1.05x 306380

OKX · USDC-USDT-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 200000 base 0.6500% 50.00x —
2 200010 – 400000 base 1.0000% 40.00x —
3 400010 – 600000 base 1.5000% 20.00x —
4 600010 – 800000 base 2.0000% 18.18x —
5 800010 – 1000000 base 2.5000% 16.66x —
6 1000010 – 1200000 base 3.0000% 15.38x —
7 1200010 – 1400000 base 3.5000% 14.28x —
8 1400010 – 1600000 base 4.0000% 13.33x —
9 1600010 – 1800000 base 4.5000% 12.50x —
10 1800010 – 2000000 base 5.0000% 11.76x —
11 2000010 – 2200000 base 5.5000% 11.11x —
12 2200010 – 2400000 base 6.0000% 10.52x —
13 2400010 – 2600000 base 6.5000% 10.00x —
14 2600010 – 2800000 base 7.0000% 9.52x —
15 2800010 – 3000000 base 7.5000% 9.09x —
16 3000010 – 3200000 base 8.0000% 8.69x —
17 3200010 – 3400000 base 8.5000% 8.33x —
18 3400010 – 3600000 base 9.0000% 8.00x —
19 3600010 – 3800000 base 9.5000% 7.69x —
20 3800010 – 4000000 base 10.0000% 7.40x —
21 4000010 – 4200000 base 10.5000% 7.14x —
22 4200010 – 4400000 base 11.0000% 6.89x —
23 4400010 – 4600000 base 11.5000% 6.66x —
24 4600010 – 4800000 base 12.0000% 6.45x —
25 4800010 – 5000000 base 12.5000% 6.25x —
26 5000010 – 5200000 base 13.0000% 6.06x —
27 5200010 – 5400000 base 13.5000% 5.88x —
28 5400010 – 5600000 base 14.0000% 5.71x —
29 5600010 – 5800000 base 14.5000% 5.55x —
30 5800010 – 6000000 base 15.0000% 5.40x —
31 6000010 – 6200000 base 15.5000% 5.26x —
32 6200010 – 6400000 base 16.0000% 5.12x —
33 6400010 – 6600000 base 16.5000% 5.00x —
34 6600010 – 6800000 base 17.0000% 4.87x —
35 6800010 – 7000000 base 17.5000% 4.76x —
36 7000010 – 7200000 base 18.0000% 4.65x —
37 7200010 – 7400000 base 18.5000% 4.54x —
38 7400010 – 7600000 base 19.0000% 4.44x —
39 7600010 – 7800000 base 19.5000% 4.34x —
40 7800010 – 8000000 base 20.0000% 4.25x —
41 8000010 – 8200000 base 20.5000% 4.16x —
42 8200010 – 8400000 base 21.0000% 4.08x —
43 8400010 – 8600000 base 21.5000% 4.00x —
44 8600010 – 8800000 base 22.0000% 3.92x —
45 8800010 – 9000000 base 22.5000% 3.84x —
46 9000010 – 9200000 base 23.0000% 3.77x —
47 9200010 – 9400000 base 23.5000% 3.70x —
48 9400010 – 9600000 base 24.0000% 3.63x —
49 9600010 – 9800000 base 24.5000% 3.57x —
50 9800010 – 10000000 base 25.0000% 3.50x —
51 10000010 – 10200000 base 25.5000% 3.44x —
52 10200010 – 10400000 base 26.0000% 3.38x —
53 10400010 – 10600000 base 26.5000% 3.33x —
54 10600010 – 10800000 base 27.0000% 3.27x —
55 10800010 – 11000000 base 27.5000% 3.22x —
56 11000010 – 11200000 base 28.0000% 3.17x —
57 11200010 – 11400000 base 28.5000% 3.12x —
58 11400010 – 11600000 base 29.0000% 3.07x —
59 11600010 – 11800000 base 29.5000% 3.03x —
60 11800010 – 12000000 base 30.0000% 2.98x —
61 12000010 – 12200000 base 30.5000% 2.94x —
62 12200010 – 12400000 base 31.0000% 2.89x —
63 12400010 – 12600000 base 31.5000% 2.85x —
64 12600010 – 12800000 base 32.0000% 2.81x —
65 12800010 – 13000000 base 32.5000% 2.77x —
66 13000010 – 13200000 base 33.0000% 2.73x —
67 13200010 – 13400000 base 33.5000% 2.70x —
68 13400010 – 13600000 base 34.0000% 2.66x —
69 13600010 – 13800000 base 34.5000% 2.63x —
70 13800010 – 14000000 base 35.0000% 2.59x —
71 14000010 – 14200000 base 35.5000% 2.56x —
72 14200010 – 14400000 base 36.0000% 2.53x —
73 14400010 – 14600000 base 36.5000% 2.50x —
74 14600010 – 14800000 base 37.0000% 2.46x —
75 14800010 – 15000000 base 37.5000% 2.43x —
76 15000010 – 15200000 base 38.0000% 2.40x —
77 15200010 – 15400000 base 38.5000% 2.38x —
78 15400010 – 15600000 base 39.0000% 2.35x —
79 15600010 – 15800000 base 39.5000% 2.32x —
80 15800010 – 16000000 base 40.0000% 2.29x —
81 16000010 – 16200000 base 40.5000% 2.27x —
82 16200010 – 16400000 base 41.0000% 2.24x —
83 16400010 – 16600000 base 41.5000% 2.22x —
84 16600010 – 16800000 base 42.0000% 2.19x —
85 16800010 – 17000000 base 42.5000% 2.17x —
86 17000010 – 17200000 base 43.0000% 2.15x —
87 17200010 – 17400000 base 43.5000% 2.12x —
88 17400010 – 17600000 base 44.0000% 2.10x —
89 17600010 – 17800000 base 44.5000% 2.08x —
90 17800010 – 18000000 base 45.0000% 2.06x —
91 18000010 – 18200000 base 45.5000% 2.04x —
92 18200010 – 18400000 base 46.0000% 2.02x —
93 18400010 – 18600000 base 46.5000% 2.00x —

Binance · USDCUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 0.6000% 50.00x —
2 5000 – 50000 quote 1.0000% 25.00x 20
3 50000 – 900000 quote 2.5000% 20.00x 770
4 900000 – 1800000 quote 5.0000% 10.00x 23270
5 1800000 – 4800000 quote 10.0000% 5.00x 113270
6 4800000 – 6000000 quote 12.5000% 4.00x 233270
7 6000000 – 18000000 quote 25.0000% 2.00x 983270
8 18000000 – 30000000 quote 50.0000% 1.00x 5483270

Bitget · USDCUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 50000 quote 0.6000% 50.00x —
2 50000 – 800000 quote 3.0000% 20.00x —
3 800000 – 1800000 quote 5.0000% 10.00x —
4 1800000 – 4400000 quote 12.0000% 5.00x —
5 4400000 – 6900000 quote 15.0000% 4.00x —
6 6900000 – 9400000 quote 30.0000% 2.00x —
7 9400000 – ∞ quote 60.0000% 1.00x —

Bybit · USDCUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 200000 quote 1.0000% 50.00x —
2 200000 – 400000 quote 1.5000% 33.33x 1000
3 400000 – 600000 quote 2.0000% 25.00x 3000
4 600000 – 800000 quote 2.5000% 20.00x 6000
5 800000 – 1000000 quote 3.0000% 16.67x 10000
6 1000000 – 1200000 quote 3.5000% 14.29x 15000
7 1200000 – 1400000 quote 4.0000% 12.50x 21000
8 1400000 – 1600000 quote 4.5000% 11.11x 28000
9 1600000 – 1800000 quote 5.0000% 10.00x 36000
10 1800000 – 2000000 quote 5.5000% 9.09x 45000
11 2000000 – 2200000 quote 6.0000% 8.33x 55000
12 2200000 – 2400000 quote 6.5000% 7.69x 66000
13 2400000 – 2600000 quote 7.0000% 7.14x 78000
14 2600000 – 2800000 quote 7.5000% 6.67x 91000
15 2800000 – 3000000 quote 8.0000% 6.25x 105000
16 3000000 – 3200000 quote 8.5000% 5.88x 120000
17 3200000 – 3400000 quote 9.0000% 5.56x 136000
18 3400000 – 3900000 quote 9.5000% 5.26x 153000
19 3900000 – 4400000 quote 10.0000% 5.00x 172500
20 4400000 – 4900000 quote 10.5000% 4.76x 194500
21 4900000 – 5400000 quote 11.0000% 4.55x 219000
22 5400000 – 5900000 quote 11.5000% 4.35x 246000
23 5900000 – 6400000 quote 12.0000% 4.17x 275500
24 6400000 – 6900000 quote 12.5000% 4.00x 307500
25 6900000 – 7400000 quote 15.6000% 3.85x 521400
26 7400000 – 7900000 quote 17.6400% 3.40x 672360
27 7900000 – 8400000 quote 19.9800% 3.00x 857220
28 8400000 – 8900000 quote 24.0000% 2.50x 1194900
29 8900000 – 9400000 quote 30.0000% 2.00x 1728900
30 9400000 – ∞ quote 40.0200% 1.50x 2670780