W perpetuals
Compare funding costs for one asset across venues.
Data as of 2026-09-09 13:53 UTC
W is quoted on 6 contracts. The highest funding rate is on Binance at +10.95% annualised over a 4h rate period, and the lowest is on OKX at -19.08% — a gap of 30.03 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
-19.08%
OKX · 4h
Spread
30.03
points
By venue
| Venue | Rate | Annualised | 30d realised APR | Max leverage | 24h turnover | Actions |
|---|---|---|---|---|---|---|
| BinanceCentralisedWUSDT | +0.0050%4h | +10.95% | — no history yet |
50x | 1.9M | |
| BitgetCentralisedWUSDT | +0.0050%4h | +10.95% | — no history yet |
50x | 132.4K | |
| BybitCentralisedWUSDT | +0.0050%4h | +10.95% | — no history yet |
50x | 996.4K | |
| GateCentralisedW_USDT | +0.0050%4h | +10.95% | — no history yet |
75x | 121.6K | |
| HyperliquidOn-chainW | +0.0013%1h | +10.95% | — no history yet |
5x | 173.2K | |
| OKXCentralisedW-USDT-SWAP | -0.0087%4h | -19.08% | — no history yet |
20x | 832.3K |
W comparison scope and payment direction
This page retains low-turnover W 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.
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Margin ladders
Binance · WUSDT 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 |
Bitget · WUSDT 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 – 25000 quote | 2.5000% | 20.00x | — |
| 4 | 25000 – 62500 quote | 5.0000% | 10.00x | — |
| 5 | 62500 – 125000 quote | 10.0000% | 5.00x | — |
| 6 | 125000 – 250000 quote | 12.5000% | 4.00x | — |
| 7 | 250000 – 7500000 quote | 25.0000% | 2.00x | — |
| 8 | 7500000 – ∞ quote | 50.0000% | 1.00x | — |
Bybit · WUSDT 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 |
Gate · W_USDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 0.8333% | 75.00x | — |
| 2 | 5000 – 10000 quote | 1.0000% | 50.00x | 8.335 |
| 3 | 10000 – 20000 quote | 1.5000% | 40.00x | 58.335 |
| 4 | 20000 – 30000 quote | 2.0000% | 30.00x | 158.335 |
| 5 | 30000 – 50000 quote | 2.5000% | 25.00x | 308.335 |
| 6 | 50000 – 70000 quote | 3.0000% | 20.00x | 558.335 |
| 7 | 70000 – 100000 quote | 4.0000% | 16.00x | 1258.335 |
| 8 | 100000 – 150000 quote | 5.0000% | 14.00x | 2258.335 |
| 9 | 150000 – 200000 quote | 6.0000% | 12.00x | 3758.335 |
| 10 | 200000 – 300000 quote | 8.0000% | 10.00x | 7758.335 |
| 11 | 300000 – 500000 quote | 10.0000% | 8.00x | 13758.335 |
| 12 | 500000 – 700000 quote | 12.0000% | 6.00x | 23758.335 |
| 13 | 700000 – 1000000 quote | 15.0000% | 5.00x | 44758.335 |
| 14 | 1000000 – 2000000 quote | 20.0000% | 4.00x | 94758.335 |
| 15 | 2000000 – 3000000 quote | 30.0000% | 3.00x | 294758.335 |
| 16 | 3000000 – 5000000 quote | 45.0000% | 2.00x | 744758.335 |
| 17 | 5000000 – 7000000 quote | 60.0000% | 1.50x | 1494758.335 |
| 18 | 7000000 – ∞ quote | 90.0000% | 1.05x | 3594758.335 |
Hyperliquid · W With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – ∞ quote | 10.0000% | 5.00x | — |
OKX · W-USDT-SWAP No deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 1500000 base | 2.0000% | 20.00x | — |
| 2 | 1500001 – 2800000 base | 3.0000% | 15.00x | — |
| 3 | 2800001 – 4200000 base | 4.0000% | 12.50x | — |
| 4 | 4200001 – 6000000 base | 4.5000% | 11.76x | — |
| 5 | 6000001 – 7500000 base | 5.0000% | 11.11x | — |
| 6 | 7500001 – 9000000 base | 5.5000% | 10.52x | — |
| 7 | 9000001 – 10500000 base | 6.0000% | 10.00x | — |
| 8 | 10500001 – 12000000 base | 6.5000% | 9.52x | — |
| 9 | 12000001 – 13500000 base | 7.0000% | 9.09x | — |
| 10 | 13500001 – 15000000 base | 7.5000% | 8.69x | — |
| 11 | 15000001 – 16500000 base | 8.0000% | 8.33x | — |
| 12 | 16500001 – 18000000 base | 8.5000% | 8.00x | — |
| 13 | 18000001 – 19500000 base | 9.0000% | 7.69x | — |
| 14 | 19500001 – 21000000 base | 9.5000% | 7.40x | — |
| 15 | 21000001 – 22500000 base | 10.0000% | 7.14x | — |
| 16 | 22500001 – 24000000 base | 10.5000% | 6.89x | — |
| 17 | 24000001 – 25500000 base | 11.0000% | 6.66x | — |
| 18 | 25500001 – 27000000 base | 11.5000% | 6.45x | — |
| 19 | 27000001 – 28500000 base | 12.0000% | 6.25x | — |
| 20 | 28500001 – 30000000 base | 12.5000% | 6.06x | — |
| 21 | 30000001 – 31500000 base | 13.0000% | 5.88x | — |
| 22 | 31500001 – 33000000 base | 13.5000% | 5.71x | — |
| 23 | 33000001 – 34500000 base | 14.0000% | 5.55x | — |
| 24 | 34500001 – 36000000 base | 14.5000% | 5.40x | — |
| 25 | 36000001 – 37500000 base | 15.0000% | 5.26x | — |
| 26 | 37500001 – 39000000 base | 15.5000% | 5.12x | — |
| 27 | 39000001 – 40500000 base | 16.0000% | 5.00x | — |
| 28 | 40500001 – 42000000 base | 16.5000% | 4.87x | — |
| 29 | 42000001 – 43500000 base | 17.0000% | 4.76x | — |
| 30 | 43500001 – 45000000 base | 17.5000% | 4.65x | — |
| 31 | 45000001 – 46500000 base | 18.0000% | 4.54x | — |
| 32 | 46500001 – 48000000 base | 18.5000% | 4.44x | — |
| 33 | 48000001 – 49500000 base | 19.0000% | 4.34x | — |
| 34 | 49500001 – 51000000 base | 19.5000% | 4.25x | — |
| 35 | 51000001 – 52500000 base | 20.0000% | 4.16x | — |
| 36 | 52500001 – 54000000 base | 20.5000% | 4.08x | — |
| 37 | 54000001 – 55500000 base | 21.0000% | 4.00x | — |
| 38 | 55500001 – 57000000 base | 21.5000% | 3.92x | — |
| 39 | 57000001 – 58500000 base | 22.0000% | 3.84x | — |
| 40 | 58500001 – 60000000 base | 22.5000% | 3.77x | — |
| 41 | 60000001 – 61500000 base | 23.0000% | 3.70x | — |
| 42 | 61500001 – 63000000 base | 23.5000% | 3.63x | — |
| 43 | 63000001 – 64500000 base | 24.0000% | 3.57x | — |
| 44 | 64500001 – 66000000 base | 24.5000% | 3.50x | — |
| 45 | 66000001 – 67500000 base | 25.0000% | 3.44x | — |
| 46 | 67500001 – 69000000 base | 25.5000% | 3.38x | — |
| 47 | 69000001 – 70500000 base | 26.0000% | 3.33x | — |
| 48 | 70500001 – 72000000 base | 26.5000% | 3.27x | — |
| 49 | 72000001 – 73500000 base | 27.0000% | 3.22x | — |
| 50 | 73500001 – 75000000 base | 27.5000% | 3.17x | — |
| 51 | 75000001 – 76500000 base | 28.0000% | 3.12x | — |
| 52 | 76500001 – 78000000 base | 28.5000% | 3.07x | — |
| 53 | 78000001 – 79500000 base | 29.0000% | 3.03x | — |
| 54 | 79500001 – 81000000 base | 29.5000% | 2.98x | — |
| 55 | 81000001 – 82500000 base | 30.0000% | 2.94x | — |
| 56 | 82500001 – 84000000 base | 30.5000% | 2.89x | — |
| 57 | 84000001 – 85500000 base | 31.0000% | 2.85x | — |
| 58 | 85500001 – 87000000 base | 31.5000% | 2.81x | — |
| 59 | 87000001 – 88500000 base | 32.0000% | 2.77x | — |
| 60 | 88500001 – 90000000 base | 32.5000% | 2.73x | — |
| 61 | 90000001 – 91500000 base | 33.0000% | 2.70x | — |
| 62 | 91500001 – 93000000 base | 33.5000% | 2.66x | — |
| 63 | 93000001 – 94500000 base | 34.0000% | 2.63x | — |
| 64 | 94500001 – 96000000 base | 34.5000% | 2.59x | — |
| 65 | 96000001 – 97500000 base | 35.0000% | 2.56x | — |
| 66 | 97500001 – 99000000 base | 35.5000% | 2.53x | — |
| 67 | 99000001 – 100500000 base | 36.0000% | 2.50x | — |
| 68 | 100500001 – 102000000 base | 36.5000% | 2.46x | — |
| 69 | 102000001 – 103500000 base | 37.0000% | 2.43x | — |
| 70 | 103500001 – 105000000 base | 37.5000% | 2.40x | — |
| 71 | 105000001 – 106500000 base | 38.0000% | 2.38x | — |
| 72 | 106500001 – 108000000 base | 38.5000% | 2.35x | — |
| 73 | 108000001 – 109500000 base | 39.0000% | 2.32x | — |
| 74 | 109500001 – 111000000 base | 39.5000% | 2.29x | — |
| 75 | 111000001 – 112500000 base | 40.0000% | 2.27x | — |
| 76 | 112500001 – 114000000 base | 40.5000% | 2.24x | — |
| 77 | 114000001 – 115500000 base | 41.0000% | 2.22x | — |
| 78 | 115500001 – 117000000 base | 41.5000% | 2.19x | — |
| 79 | 117000001 – 118500000 base | 42.0000% | 2.17x | — |
| 80 | 118500001 – 120000000 base | 42.5000% | 2.15x | — |
| 81 | 120000001 – 121500000 base | 43.0000% | 2.12x | — |
| 82 | 121500001 – 123000000 base | 43.5000% | 2.10x | — |
| 83 | 123000001 – 124500000 base | 44.0000% | 2.08x | — |
| 84 | 124500001 – 126000000 base | 44.5000% | 2.06x | — |
| 85 | 126000001 – 127500000 base | 45.0000% | 2.04x | — |
| 86 | 127500001 – 129000000 base | 45.5000% | 2.02x | — |
| 87 | 129000001 – 130500000 base | 46.0000% | 2.00x | — |