ESP Funding Rate & Schedule
ESP perpetual futures funding rate on 5 exchanges: Binance, MEXC, OKX, Bybit, BingX. 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 16:48 UTC, from the exchanges' public endpoints.
- • Cheapest for longs: Binance (8h equivalent −0.0455%).
- • Best for shorts: BingX (8h equivalent +0.0100%).
- • Cross-exchange spread: 0.0555% per 8h.
- • Next collection: Binance at 20:00 UTC (−0.0228%, shorts pay longs).
- • Collection intervals: every 4h.
Where ESP stands
- • ESP ranks #423 by 24h volume among 922 pairs listed on at least two exchanges.
- • Average 8h equivalent across exchanges is −0.0188% (shorts pay) — #831 of 922 from the highest.
- • Cross-exchange spread is 0.0555% (8h), #102 by spread — a wider spread means more arbitrage room.
ESP — funding by exchange
| Exchange | Next rate | Who pays | Interval | Next collection | 8h equiv. | Annual | 24h volume | |
|---|---|---|---|---|---|---|---|---|
| Binance | −0.0228% | ▼ shorts pay | every 4h | 20:00 UTC | −0.0455% | −49.9% | $2.5M | |
| MEXC | −0.0224% | ▼ shorts pay | every 4h |
Frequently asked questions
What is the ESP funding rate?
A periodic payment between long and short holders of the ESP 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 ESP funding collected?
It depends on the exchange: Binance 4h, MEXC 4h, OKX 4h, Bybit 4h, BingX 4h. Use the "8h equivalent" column to compare different intervals.
Which exchange has the lowest ESP funding?
At the last refresh the lowest 8h equivalent for longs was Binance (−0.0455%) and the highest for shorts BingX (+0.0100%). Rates change during the period and are fixed at collection.
How is ESP funding calculated?
Payment = position size × funding rate. A 10,000 USDT ESP long at 0.01% pays 1 USDT at collection. Leverage doesn't change the payment; position size does. Highest 24h volume is on Binance ($2.5M).