CAP Funding Rate & Schedule
CAP perpetual futures funding rate on 5 exchanges: Bybit, OKX, Binance, BingX, MEXC. Each exchange's next rate, how often it is collected, the next collection time, the 8-hour equivalent and 24h volume are below. Data as of 2026-10-18 05:00 UTC, from the exchanges' public endpoints.
- • Cheapest for longs: Bybit (8h equivalent −0.0069%).
- • Best for shorts: MEXC (8h equivalent +0.0100%).
- • Cross-exchange spread: 0.0169% per 8h.
- • Next collection: Bybit at 08:00 UTC (−0.0035%, shorts pay longs).
- • Collection intervals: every 4h.
CAP — funding by exchange
| Exchange | Next rate | Who pays | Interval | Next collection | 8h equiv. | Annual | 24h volume | |
|---|---|---|---|---|---|---|---|---|
| Bybit | −0.0035% | ▼ shorts pay | every 4h | 08:00 UTC | −0.0069% | −7.6% | $2.9M | |
| OKX | −0.0032% | ▼ shorts pay | every 4h | 08:00 UTC | −0.0063% | −6.9% | $6.3M | |
| Binance | +0.0050% | ▲ longs pay | every 4h | 08:00 UTC | +0.0100% | +10.9% | $9.0M | |
| BingX | +0.0050% | ▲ longs pay | every 4h | 08:00 UTC | +0.0100% | +10.9% | $1.7M | |
| MEXC | +0.0050% | ▲ longs pay | every 4h | 08:00 UTC | +0.0100% | +10.9% | $215K |
The rate updates during the period and is fixed at collection. The 8h equivalent compares different intervals fairly (0.01% every 4h = 0.02% per 8h). Source: the exchanges' public endpoints.
Frequently asked questions
What is the CAP funding rate?
A periodic payment between long and short holders of the CAP perpetual contract. If the rate is positive, longs pay shorts; if negative, shorts pay longs. It keeps the perpetual price close to spot.
How often is CAP funding collected?
It depends on the exchange: Bybit 4h, OKX 4h, Binance 4h, BingX 4h, MEXC 4h. Use the "8h equivalent" column to compare different intervals.
Which exchange has the lowest CAP funding?
At the last refresh the lowest 8h equivalent for longs was Bybit (−0.0069%) and the highest for shorts MEXC (+0.0100%). Rates change during the period and are fixed at collection.
How is CAP funding calculated?
Payment = position size × funding rate. A 10,000 USDT CAP long at 0.01% pays 1 USDT at collection. Leverage doesn't change the payment; position size does. Highest 24h volume is on Binance ($9.0M).
Funding rates for other pairs
Guide: What Is the Funding Rate? How It's Calculated and When It's Paid · Funding Rate Arbitrage: Reading Cross-Exchange Funding Spreads