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WAL perpetuals

Compare funding costs for one asset across venues.

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

WAL is quoted on 5 contracts. The highest funding rate is on Bybit at -515.67% annualised, quoted per 4h, and the lowest is on Bitget at -938.42% — a gap of 422.74 points. Every contract here quotes its rate per 4h.

Highest rate now
-515.67%
Bybit · 4h
Lowest rate now
-938.42%
Bitget · 4h
Spread
422.74
points
Highest 30d realised APR
-36.07%
Binance

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
BybitCentralisedWALUSDT -0.2355%4h -515.67% -58.71%
Annualised · -58.71% · range -2312.7% … +11.0% · 179 settlements
25x 117.0M
Liquidation → Trade
GateCentralisedWAL_USDT -0.2441%4h -534.58% -46.28%
Annualised · -46.28% · range -1900.9% … +11.0% · 179 settlements
50x 29.0M
Liquidation → Trade
OKXCentralisedWAL-USDT-SWAP -0.3456%4h -756.79% -39.83%
Annualised · -39.83% · range -1976.7% … +11.0% · 179 settlements
10x 135.7M
Liquidation → Trade
BinanceCentralisedWALUSDT -0.3469%4h -759.69% -36.07%
Annualised · -36.07% · range -1702.7% … +11.0% · 179 settlements
75x 748.3M
Liquidation → Trade
BitgetCentralisedWALUSDT -0.4285%4h -938.42% -46.25%
Annualised · -46.25% · range -2004.9% … +23.0% · 179 settlements
20x 71.7M
Liquidation → Trade

Common questions

Which exchanges list WAL perpetual futures?

WAL trades as 5 perpetual contracts across 5 venues: Binance, Bitget, Bybit, Gate and OKX. The busiest is Binance, with $748.3M of 24h turnover — 68% of the total.

Where is WAL funding cheapest right now?

For a long, the most favourable collected rate is -938.42% annualised on Bitget; for a short, it is -515.67% on Bybit — a gap of 422.74 points. Every venue collected has shorts paying right now.

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

At current rates a 10,000 USDT long pays about -141.28 USDT a day on Bybit and -257.10 USDT on Bitget. Over the past 30 days Bybit actually settled an average of -16.08 USDT a day on the same position. A negative figure means the long is paid.

How often does WAL funding settle?

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

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

The highest realised figure was on Binance: -36.07% annualised across 179 settlements, 12% of them negative. The lowest was Bybit, at -58.71%. 5 of the 5 contracts have at least a week of settled history to measure.

What is the highest leverage available on WAL?

The highest collected cap is 75x, on Binance. On Binance it applies up to 5K USDT of notional; above that the cap drops to 50x.

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

WAL comparison scope and payment direction

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

Bybit · WALUSDT 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 – 50000 quote 3.0000% 16.67x 150
4 50000 – 75000 quote 3.5000% 14.29x 400
5 75000 – 100000 quote 4.0000% 12.50x 775
6 100000 – 125000 quote 4.5000% 11.12x 1275
7 125000 – 150000 quote 5.0000% 10.00x 1900
8 150000 – 175000 quote 5.5000% 9.10x 2650
9 175000 – 200000 quote 6.0000% 8.34x 3525
10 200000 – 225000 quote 6.5000% 7.70x 4525
11 225000 – 250000 quote 7.0000% 7.15x 5650
12 250000 – 275000 quote 7.5000% 6.67x 6900
13 275000 – 300000 quote 8.0000% 6.25x 8275
14 300000 – 325000 quote 8.5000% 5.89x 9775
15 325000 – 350000 quote 9.0000% 5.56x 11400
16 350000 – 800000 quote 11.0000% 4.55x 18400
17 800000 – 900000 quote 13.0000% 3.85x 34400
18 900000 – 1000000 quote 15.0000% 3.34x 52400
19 1000000 – 1100000 quote 17.0000% 2.95x 72400
20 1100000 – 1200000 quote 19.0000% 2.64x 94400
21 1200000 – 1300000 quote 21.0000% 2.39x 118400
22 1300000 – 1400000 quote 23.0000% 2.18x 144400
23 1400000 – 1500000 quote 25.0000% 2.00x 172400
24 1500000 – 1600000 quote 27.0000% 1.86x 202400
25 1600000 – 1700000 quote 29.0000% 1.73x 234400
26 1700000 – 1800000 quote 31.0000% 1.62x 268400
27 1800000 – 1900000 quote 33.0000% 1.52x 304400
28 1900000 – 2000000 quote 35.0000% 1.43x 342400
29 2000000 – 2100000 quote 45.0000% 1.12x 542400
30 2100000 – ∞ quote 60.0000% 1.00x 857400

Gate · WAL_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 1.0000% 50.00x —
2 5000 – 7000 quote 1.5000% 40.00x 25
3 7000 – 10000 quote 2.5000% 25.00x 95
4 10000 – 20000 quote 3.5000% 20.00x 195
5 20000 – 30000 quote 4.0000% 18.00x 295
6 30000 – 50000 quote 4.5000% 16.00x 445
7 50000 – 70000 quote 5.0000% 14.00x 695
8 70000 – 100000 quote 6.0000% 12.00x 1395
9 100000 – 150000 quote 7.0000% 11.00x 2395
10 150000 – 200000 quote 8.0000% 10.00x 3895
11 200000 – 300000 quote 10.0000% 8.00x 7895
12 300000 – 500000 quote 15.0000% 5.00x 22895
13 500000 – 700000 quote 20.0000% 4.00x 47895
14 700000 – 1000000 quote 28.0000% 3.00x 103895
15 1000000 – 1500000 quote 45.0000% 2.00x 273895
16 1500000 – 2000000 quote 60.0000% 1.50x 498895
17 2000000 – ∞ quote 90.0000% 1.05x 1098895

OKX · WAL-USDT-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 42000 base 5.0000% 10.00x —
2 42010 – 84000 base 5.5000% 9.52x —
3 84010 – 126000 base 6.0000% 9.09x —
4 126010 – 168000 base 6.5000% 8.69x —
5 168010 – 210000 base 7.0000% 8.33x —
6 210010 – 252000 base 7.5000% 8.00x —
7 252010 – 294000 base 8.0000% 7.69x —
8 294010 – 336000 base 8.5000% 7.40x —
9 336010 – 378000 base 9.0000% 7.14x —
10 378010 – 420000 base 9.5000% 6.89x —
11 420010 – 462000 base 10.0000% 6.66x —
12 462010 – 504000 base 10.5000% 6.45x —
13 504010 – 546000 base 11.0000% 6.25x —
14 546010 – 588000 base 11.5000% 6.06x —
15 588010 – 630000 base 12.0000% 5.88x —
16 630010 – 672000 base 12.5000% 5.71x —
17 672010 – 714000 base 13.0000% 5.55x —
18 714010 – 756000 base 13.5000% 5.40x —
19 756010 – 798000 base 14.0000% 5.26x —
20 798010 – 840000 base 14.5000% 5.12x —
21 840010 – 882000 base 15.0000% 5.00x —
22 882010 – 924000 base 15.5000% 4.87x —
23 924010 – 966000 base 16.0000% 4.76x —
24 966010 – 1008000 base 16.5000% 4.65x —
25 1008010 – 1050000 base 17.0000% 4.54x —
26 1050010 – 1092000 base 17.5000% 4.44x —
27 1092010 – 1134000 base 18.0000% 4.34x —
28 1134010 – 1176000 base 18.5000% 4.25x —
29 1176010 – 1218000 base 19.0000% 4.16x —
30 1218010 – 1260000 base 19.5000% 4.08x —
31 1260010 – 1302000 base 20.0000% 4.00x —
32 1302010 – 1344000 base 20.5000% 3.92x —
33 1344010 – 1386000 base 21.0000% 3.84x —
34 1386010 – 1428000 base 21.5000% 3.77x —
35 1428010 – 1470000 base 22.0000% 3.70x —
36 1470010 – 1512000 base 22.5000% 3.63x —
37 1512010 – 1554000 base 23.0000% 3.57x —
38 1554010 – 1596000 base 23.5000% 3.50x —
39 1596010 – 1638000 base 24.0000% 3.44x —
40 1638010 – 1680000 base 24.5000% 3.38x —
41 1680010 – 1722000 base 25.0000% 3.33x —
42 1722010 – 1764000 base 25.5000% 3.27x —
43 1764010 – 1806000 base 26.0000% 3.22x —
44 1806010 – 1848000 base 26.5000% 3.17x —
45 1848010 – 1890000 base 27.0000% 3.12x —
46 1890010 – 1932000 base 27.5000% 3.07x —
47 1932010 – 1974000 base 28.0000% 3.03x —
48 1974010 – 2016000 base 28.5000% 2.98x —
49 2016010 – 2058000 base 29.0000% 2.94x —
50 2058010 – 2100000 base 29.5000% 2.89x —
51 2100010 – 2142000 base 30.0000% 2.85x —
52 2142010 – 2184000 base 30.5000% 2.81x —
53 2184010 – 2226000 base 31.0000% 2.77x —
54 2226010 – 2268000 base 31.5000% 2.73x —
55 2268010 – 2310000 base 32.0000% 2.70x —
56 2310010 – 2352000 base 32.5000% 2.66x —
57 2352010 – 2394000 base 33.0000% 2.63x —
58 2394010 – 2436000 base 33.5000% 2.59x —
59 2436010 – 2478000 base 34.0000% 2.56x —
60 2478010 – 2520000 base 34.5000% 2.53x —
61 2520010 – 2562000 base 35.0000% 2.50x —
62 2562010 – 2604000 base 35.5000% 2.46x —
63 2604010 – 2646000 base 36.0000% 2.43x —
64 2646010 – 2688000 base 36.5000% 2.40x —
65 2688010 – 2730000 base 37.0000% 2.38x —
66 2730010 – 2772000 base 37.5000% 2.35x —
67 2772010 – 2814000 base 38.0000% 2.32x —
68 2814010 – 2856000 base 38.5000% 2.29x —
69 2856010 – 2898000 base 39.0000% 2.27x —
70 2898010 – 2940000 base 39.5000% 2.24x —
71 2940010 – 2982000 base 40.0000% 2.22x —
72 2982010 – 3024000 base 40.5000% 2.19x —
73 3024010 – 3066000 base 41.0000% 2.17x —
74 3066010 – 3108000 base 41.5000% 2.15x —
75 3108010 – 3150000 base 42.0000% 2.12x —
76 3150010 – 3192000 base 42.5000% 2.10x —
77 3192010 – 3234000 base 43.0000% 2.08x —
78 3234010 – 3276000 base 43.5000% 2.06x —
79 3276010 – 3318000 base 44.0000% 2.04x —
80 3318010 – 3360000 base 44.5000% 2.02x —
81 3360010 – 3402000 base 45.0000% 2.00x —

Binance · WALUSDT 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 – 12500000 quote 50.0000% 1.00x 1993100

Bitget · WALUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 2.5000% 20.00x —
2 5000 – 25000 quote 3.3400% 15.00x —
3 25000 – 50000 quote 5.0000% 10.00x —
4 50000 – 100000 quote 10.0000% 5.00x —
5 100000 – 150000 quote 12.5000% 4.00x —
6 150000 – 500000 quote 30.0000% 2.00x —
7 500000 – ∞ quote 60.0000% 1.00x —