FOGO Funding Rate & Schedule
FOGO perpetual futures funding rate on 6 exchanges: Bybit, OKX, Binance, BingX, MEXC, Hyperliquid. 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 16:02 UTC, from the exchanges' public endpoints.
- • Cheapest for longs: Bybit (8h equivalent −0.0870%).
- • Best for shorts: Hyperliquid (8h equivalent +0.0100%).
- • Cross-exchange spread: 0.0970% per 8h.
- • Next collection: Hyperliquid at 17:00 UTC (+0.0013%, longs pay shorts).
- • Collection intervals: every 1h, 4h.
Where FOGO stands
- • FOGO ranks #468 by 24h volume among 922 pairs listed on at least two exchanges.
- • Average 8h equivalent across exchanges is −0.0068% (shorts pay) — #673 of 922 from the highest.
- • Cross-exchange spread is 0.0970% (8h), #116 by spread — a wider spread means more arbitrage room.
- • Exchanges collect this pair at different intervals (1h, 4h); compare by the 8h equivalent.
FOGO — funding by exchange
| Exchange | Next rate | Who pays | Interval | Next collection | 8h equiv. | Annual | 24h volume | |
|---|---|---|---|---|---|---|---|---|
| Bybit | −0.0435% | ▼ shorts pay | every 4h | 20:00 UTC | −0.0870% | −95.2% | $427K | |
| OKX | +0.0030% | ▲ longs pay | every 4h | 20:00 UTC | +0.0061% | +6.7% | $466K | |
| Binance | +0.0050% | ▲ longs pay | every 4h | 20:00 UTC | +0.0100% | +10.9% | $2.3M | |
| BingX | +0.0050% | ▲ longs pay | every 4h | 20:00 UTC | +0.0100% | +10.9% | $1.3M | |
| MEXC | +0.0050% | ▲ longs pay | every 4h | 20:00 UTC | +0.0100% | +10.9% | $130K | |
| Hyperliquid | +0.0013% | ▲ longs pay | every 1h | 17:00 UTC | +0.0100% | +10.9% | $110K |
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 FOGO funding rate?
A periodic payment between long and short holders of the FOGO 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 FOGO funding collected?
It depends on the exchange: Bybit 4h, OKX 4h, Binance 4h, BingX 4h, MEXC 4h, Hyperliquid 1h. Use the "8h equivalent" column to compare different intervals.
Which exchange has the lowest FOGO funding?
At the last refresh the lowest 8h equivalent for longs was Bybit (−0.0870%) and the highest for shorts Hyperliquid (+0.0100%). Rates change during the period and are fixed at collection.
How is FOGO funding calculated?
Payment = position size × funding rate. A 10,000 USDT FOGO long at 0.01% pays 1 USDT at collection. Leverage doesn't change the payment; position size does. Highest 24h volume is on Binance ($2.3M).
Pairs with funding similar to FOGO
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