RLS funding rate live
The RLS funding rate is 0.0100% per 8 hours (≈11% APR) on MEXC, so longs pay shorts. Rates are converted to an 8-hour equivalent so exchanges with different funding intervals compare directly. Funding is paid every 4 hours on MEXC. The next payment is on MEXC (RLS_USDT) at 12:00 UTC, in 3h 01m, at a predicted 0.0050% for its 4h interval.
In dollars, at today's rates a $1,000 long pays about $0.30 a day at the average rate, and a $1,000 short receives about the same. Work out your own size and holding time.
RLS funding rate by exchange
8h equivalent · hover a rate for the exact APR| MarketVenue / native contract | Funding 8h | APR | Interval | Next fundingPredicted next payment | Settles in | Who pays | Open interest | OI share | 24h volume | Price | Trade |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MEXC RLS_USDT | 0.0100% | 11% | 4h | 0.0050% 0.0050% predicted 4h interval Longs pay 2026-10-27 12:00 UTC | 3h 01m | Longs pay | $102K * | — | $281K | 0.002523 | Trade |
Sorted by open interest. Exchanges settle funding every 1, 4 or 8 hours. Funding 8h and APR convert every rate to 8 hours so they compare directly; Next funding is the predicted payment for the market's own interval at its next settlement, which moves with the premium until then. Where an exchange publishes no settlement time (Hyperliquid, Gate), it is the next whole interval on the UTC clock, when those exchanges settle. Trade links go to the exchange and may be referral links. Compare every coin on the funding rates page.
RLS funding rate
OI-weighted, 8hLoading chart…
Not recorded Chart: TradingView Lightweight Charts™
About the RLS funding rate
What is the RLS funding rate?
RLS perpetual futures never expire, so exchanges keep their price near spot with funding: a periodic payment between longs and shorts. When the perp trades above spot, the rate is positive and longs pay shorts; below spot it turns negative and shorts pay longs. The payment is a percentage of position size, charged every 1, 4 or 8 hours depending on the exchange.
How to read it
Binance and Bybit's default rate when the perp is in line with spot is 0.0100% per 8h (about 11% APR). Well above that means leveraged longs are paying up to hold RLS; negative means shorts are crowded. The APR column shows what holding a position costs or earns over a year at today's rate. A wide spread between exchanges is what funding arbitrage traders look for.
Why do exchanges show different rates?
Each exchange computes funding from its own order book and premium, so the RLS rate differs by venue, and intervals differ too. Swolecharts converts every rate to an 8-hour equivalent and weights the headline figure by open interest. Rates update every few seconds from the exchanges' public feeds.
When is the next RLS funding payment?
The next known RLS funding payment is on MEXC (RLS_USDT) at 2026-10-27 12:00 UTC, for its 4h interval, with a predicted payment of 0.0050%. Funding is paid every 4 hours on MEXC. The predicted payment uses the market’s native interval; the Funding 8h rate is an 8-hour equivalent for comparison. Only traders holding a position at the settlement time pay or receive. The Next funding column is the predicted payment for that interval: the rate the exchange currently shows, which keeps moving with the perp's premium until settlement, so the final figure can differ. The funding history below shows how the RLS rate has moved.