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TER Funding Rate

TER 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

TER funding rate on every exchange

ExchangeRate per 8 hPer periodPredictedBy premiumAnnual1 day · 7 days · 30 daysNext payment24h volume
HTX8 hbest long−0.0445%−0.0445%——−48.7%+0.0067%+0.187%+0.877%$63.3K
WEEX8 h−0.0101%−0.0101%—+0.0100%−11.1%−0.0294%−0.0769%−0.484%$254.5K
LBank8 h0.0000%0.0000%—+0.0100%0.0%0.0000%+0.0676%−0.0770%—
Toobit8 h0.0000%0.0000%—+0.0100%0.0%0.0000%+0.0645%−0.0074%$57.3K
KuCoin8 h0.0000%0.0000%——0.0%0.0000%−0.0241%−0.217%$565.6K
XT8 h0.0000%0.0000%—+0.0100%0.0%0.0000%+0.0647%−0.0123%$226.8K
Gate8 h0.0000%0.0000%—−0.0278%0.0%0.0000%0.0000%0.0000%$78.1K
Bybit8 h0.0000%0.0000%—+0.0100%0.0%−0.0536%−0.550%−2.169%$55K
Binance8 h0.0000%0.0000%—+0.0100%0.0%0.0000%+0.0645%−0.0075%—
Bitget8 h0.0000%0.0000%—+0.0100%0.0%0.0000%+0.176%+0.366%$91.7K
Deepcoin8 hbest short+0.0100%+0.0100%——11.0%−0.0742%+0.118%−1.545%$1.3M

What TER funding actually paid

Over 7 days, a TER long paid +0.0082% on average across exchanges (0.4% a year). The most on HTX (+0.187%), the least on Bybit (−0.550%).

Over 30 days, a TER long paid −0.298% on average across exchanges (−3.7% a year). The most on HTX (+0.877%), the least on Bybit (−2.169%).

TER funding rate history chart

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TER funding arbitrage right now

Among the exchanges that publish a 24h volume, the lowest rate now is on HTX (−0.0445% per 8 h), the highest on Deepcoin (+0.0100%). Long on HTX and short on Deepcoin, price hedged: a difference of 59.7% 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 →

TER perpetual futures by exchange

DeepcoinTER/USDT:USDT$308.3400$1.3M
KuCoinTER/USDT:USDT$307.4500$565.6K
WEEXTER/USDT:USDT$308.3400$254.5K
XTTER/USDT:USDT$308.3700$226.8K
BitgetTER/USDT:USDT$308.3750$91.7K
GateTER/USDT:USDT$308.1000$78.1K
HTXTER/USDT:USDT$307.8450$63.3K
ToobitTER/USDT:USDT$308.3850$57.3K
BybitTER/USDT:USDT$308.2550$55K
LBankTER/USDT:USDT—
BinanceTER/USDT:USDT$308.3400—
TER page: spot, routes, networks

FAQ

What is the TER funding rate?

A periodic payment between long and short holders of TER 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 −0.0445% to 0.0100% per 8 hours across 11 exchanges.

How often is TER 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 TER 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.