SOON Funding Rate
SOON perpetual funding on 11 exchanges: the current rate, annualized, what was actually paid and the payment history. Positive means longs pay shorts.
Updated · How we count
SOON funding rate on every exchange
| Exchange | Rate per 8 h | Per period | Predicted | By premium | Annual | 1 day · 7 days · 30 days | Next payment | 24h volume | ||
|---|---|---|---|---|---|---|---|---|---|---|
 KuCoin4 hbest long | +0.0100% | +0.0050% | — | — | 11.0% | +0.0300% | +0.228% | +1.892% | $16.2M | |
 Gate4 h | +0.0100% | +0.0050% | — | +0.0050% | 11.0% | +0.0300% | +0.210% | +1.342% | $593.5K | |
 Bitget4 h | +0.0100% | +0.0050% | — | +0.0050% | 11.0% | +0.0300% | +0.210% | +2.390% | $1.2M | |
 Binance4 h | +0.0315% | +0.0157% | — | +0.115% | 34.5% | +0.0879% | +0.432% | +2.556% | — | |
 LBank4 h | +0.0322% | +0.0161% | — | +0.150% | 35.3% | +0.0873% | +0.432% | +1.175% | — | |
 Toobit4 h | +0.0322% | +0.0161% | — | +0.0733% | 35.3% | +0.0880% | +0.432% | +1.698% | $769.6K | |
 WEEX4 h | +0.0322% | +0.0161% | — | +0.0068% | 35.3% | +0.0879% | +0.431% | +2.553% | $2.6M | |
 XT4 h | +0.0326% | +0.0163% | — | +0.144% | 35.7% | +0.102% | +0.482% | +2.732% | $360.8K | |
 Bybit4 h | +0.0660% | +0.0330% | — | +0.0910% | 72.2% | +0.106% | +0.353% | +2.375% | $4.6M | |
 BingX4 h | +0.0966% | +0.0483% | — | +0.0703% | 106% | +0.152% | +0.581% | +3.069% | $6.7M | |
 OKX4 hbest short | +0.101% | +0.0506% | — | — | 111% | +0.159% | +0.428% | +2.272% | $5.9M | |
What SOON funding actually paid
Over 7 days, a SOON long paid +0.384% on average across exchanges (20.0% a year). The most on BingX (+0.581%), the least on Gate (+0.210%).
Over 30 days, a SOON long paid +2.187% on average across exchanges (27.3% a year). The most on BingX (+3.069%), the least on LBank (+1.175%).
SOON funding rate history chart
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SOON funding arbitrage right now
Among the exchanges that publish a 24h volume, the lowest rate now is on KuCoin (+0.0100% per 8 h), the highest on OKX (+0.101%). Long on KuCoin and short on OKX, price hedged: a difference of 99.9% a year before fees and before the rates move.
Rates only. The price spread between the two perps, fees to enter and exit, book depth and whether the rate holds are in the futures screener →
SOON perpetual futures by exchange
KuCoinSOON/USDT:USDT$0.315155$16.2MBingXSOON/USDT:USDT$0.315350$6.7MOKXSOON/USDT:USDT$0.315850$5.9MBybitSOON/USDT:USDT$0.315300$4.6MWEEXSOON/USDT:USDT$0.315250$2.6MBitgetSOON/USDT:USDT$0.314800$1.2MToobitSOON/USDT:USDT$0.315600$769.6KGateSOON/USDT:USDT$0.314650$593.5KXTSOON/USDT:USDT$0.315350$360.8KLBankSOON/USDT:USDT—BinanceSOON/USDT:USDT$0.315350—FAQ
- What is the SOON funding rate?
A periodic payment between long and short holders of SOON perpetual futures that keeps the contract price near spot. When the rate is positive, longs pay shorts; when negative, shorts pay longs. Right now it ranges from 0.0100% to 0.1013% per 8 hours across 11 exchanges.
- How often is SOON funding paid?
Every 8 hours on most exchanges, every 1–4 hours on some (Hyperliquid pays hourly). The table shows each exchange's interval and the time to the next payment.
- Why is the SOON funding rate different on each exchange?
Each exchange computes it from its own premium of perpetual over index price and its own interval and caps. The difference is what funding arbitrage earns: short where funding is highest, long where it is lowest.
- Does a high APR mean high profit?
No. APR extrapolates the current rate over a year, and rates change every period. Compare it with what was actually paid over 7 and 30 days in the table above.