SP500 Funding Rate & Schedule
SP500 perpetual futures funding rate on 3 exchanges: 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 2026-10-17 23:59 UTC, from the exchanges' public endpoints.
- • Cheapest for longs: BingX (8h equivalent −0.0050%).
- • Best for shorts: Hyperliquid (8h equivalent +0.0050%).
- • Cross-exchange spread: 0.0100% per 8h.
- • Next collection: BingX at 00:00 UTC (−0.0050%, shorts pay longs).
- • Collection intervals: every 1h, 8h.
SP500 — funding by exchange
| Exchange | Next rate | Who pays | Interval | Next collection | 8h equiv. | Annual | 24h volume | |
|---|---|---|---|---|---|---|---|---|
| BingX | −0.0050% | ▼ shorts pay | every 8h | 00:00 UTC | −0.0050% | −5.5% | $4.6M | |
| MEXC | +0.0050% | ▲ longs pay | every 8h | 00:00 UTC | +0.0050% | +5.5% | $1.5M | |
| Hyperliquid | +0.0006% | ▲ longs pay | every 1h | 00:00 UTC | +0.0050% | +5.5% | $63.0M |
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 SP500 funding rate?
A periodic payment between long and short holders of the SP500 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 SP500 funding collected?
It depends on the exchange: BingX 8h, MEXC 8h, Hyperliquid 1h. Use the "8h equivalent" column to compare different intervals.
Which exchange has the lowest SP500 funding?
At the last refresh the lowest 8h equivalent for longs was BingX (−0.0050%) and the highest for shorts Hyperliquid (+0.0050%). Rates change during the period and are fixed at collection.
How is SP500 funding calculated?
Payment = position size × funding rate. A 10,000 USDT SP500 long at 0.01% pays 1 USDT at collection. Leverage doesn't change the payment; position size does. Highest 24h volume is on Hyperliquid ($63.0M).
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