NET Funding Rate & Schedule
NET perpetual futures funding rate on 5 exchanges: Hyperliquid, Binance, Bybit, OKX, 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 16:01 UTC, from the exchanges' public endpoints.
- • Cheapest for longs: Hyperliquid (8h equivalent −0.0075%).
- • Best for shorts: MEXC (8h equivalent 0.0000%).
- • Cross-exchange spread: 0.0075% per 8h.
- • Next collection: Hyperliquid at 17:00 UTC (−0.0009%, shorts pay longs).
- • Collection intervals: every 1h, 8h.
Where NET stands
- • NET ranks #896 by 24h volume among 922 pairs listed on at least two exchanges.
- • Average 8h equivalent across exchanges is −0.0015% (shorts pay) — #617 of 922 from the highest.
- • Cross-exchange spread is 0.0075% (8h), #450 by spread — a wider spread means more arbitrage room.
- • Exchanges collect this pair at different intervals (1h, 8h); compare by the 8h equivalent.
NET — funding by exchange
| Exchange | Next rate | Who pays | Interval | Next collection | 8h equiv. | Annual | 24h volume | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid | −0.0009% | ▼ shorts pay | every 1h | 17:00 UTC | −0.0075% | −8.2% | $39K | |
| Binance | 0.0000% | none | every 8h |
Frequently asked questions
What is the NET funding rate?
A periodic payment between long and short holders of the NET 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 NET funding collected?
It depends on the exchange: Hyperliquid 1h, Binance 8h, Bybit 8h, OKX 8h, MEXC 8h. Use the "8h equivalent" column to compare different intervals.
Which exchange has the lowest NET funding?
At the last refresh the lowest 8h equivalent for longs was Hyperliquid (−0.0075%) and the highest for shorts MEXC (0.0000%). Rates change during the period and are fixed at collection.
How is NET funding calculated?
Payment = position size × funding rate. A 10,000 USDT NET long at 0.01% pays 1 USDT at collection. Leverage doesn't change the payment; position size does. Highest 24h volume is on MEXC ($100K).