STABLE funding rate live
The open-interest-weighted STABLE funding rate is 0.0100% per 8 hours (≈11% APR) across 9 perpetual markets, so longs pay shorts. The highest rate is 0.0100% on Binance (STABLEUSDT) and the lowest 0.0096% on Lighter (STABLE), a spread of 0.0004% per 8h (≈0% APR). These markets hold $6.98M of open interest. Rates are converted to an 8-hour equivalent so exchanges with different funding intervals compare directly. Funding is paid every hour on Hyperliquid and Lighter and every 4 hours on Binance, Bybit, MEXC, Bitget, Gate, KuCoin and Aster. The next payment is on Hyperliquid (STABLE) at 17:00 UTC, in 36m, at a predicted 0.00125% for its 1h 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. On Binance (STABLEUSDT) the long would pay $0.30 a day; on Lighter (STABLE) it would pay $0.29 a day. Work out your own size and holding time.
STABLE 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Binance STABLEUSDT | 0.0100% | 11% | 4h | 0.0050% 0.0050% predicted 4h interval Longs pay 2026-11-13 20:00 UTC | 3h 36m | Longs pay | $5.20M | 74.5% | $1.59M | 0.02568 | Trade |
| Bybit STABLEUSDT | 0.0100% | 11% | 4h | 0.0050% 0.0050% predicted 4h interval Longs pay 2026-11-13 20:00 UTC | 3h 36m | Longs pay | $930K | 13.3% | $647K | 0.02562 | Trade |
| Hyperliquid STABLE | 0.0100% | 11% | 1h | 0.00125% 0.00125% predicted 1h interval Longs pay 2026-11-13 17:00 UTC | 36m | Longs pay | $449K | 6.4% | $183K | 0.02564 | Trade |
| MEXC STABLE_USDT | 0.0100% | 11% | 4h | 0.0050% 0.0050% predicted 4h interval Longs pay 2026-11-13 20:00 UTC | 3h 36m | Longs pay | $411K * | — | $197K | 0.02567 | Trade |
| Bitget STABLEUSDT | 0.0100% | 11% | 4h | 0.0050% 0.0050% predicted 4h interval Longs pay 2026-11-13 20:00 UTC | 3h 36m | Longs pay | $196K | 2.8% | $55K | 0.02566 | Trade |
| Gate STABLE_USDT | 0.0100% | 11% | 4h | 0.0050% 0.0050% predicted 4h interval Longs pay 2026-11-13 20:00 UTC | 3h 36m | Longs pay | $102K | 1.5% | $99K | 0.02567 | Trade |
| KuCoin STABLEUSDTM | 0.0100% | 11% | 4h | 0.0050% 0.0050% predicted 4h interval Longs pay 2026-11-13 20:00 UTC | 3h 36m | Longs pay | $80K | 1.1% | $27K | 0.02567 | Trade |
| Aster STABLEUSDT | 0.0100% | 11% | 4h | 0.0050% 0.0050% predicted 4h interval Longs pay 2026-11-13 20:00 UTC | 3h 36m | Longs pay | $15K | 0.2% | $3,075 | 0.02567 | Trade |
| Lighter STABLE | 0.0096% | 11% | 1h | 0.00120% 0.00120% predicted 1h interval Longs pay 2026-11-13 17:00 UTC | 36m | Longs pay | $9,419 | 0.1% | $4,757 | 0.02563 | 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.
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STABLE funding rate
OI-weighted, 8hLoading chart…
Not recorded Chart: TradingView Lightweight Charts™
STABLE funding rate by exchange
8h equivalent, per exchangeLoading chart…
Not recorded Chart: TradingView Lightweight Charts™
About the STABLE funding rate
What is the STABLE funding rate?
STABLE 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 STABLE; 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 STABLE 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 STABLE funding payment?
The next known STABLE funding payment is on Hyperliquid (STABLE) at 2026-11-13 17:00 UTC, for its 1h interval, with a predicted payment of 0.00125%. Funding is paid every hour on Hyperliquid and Lighter and every 4 hours on Binance, Bybit, MEXC, Bitget, Gate, KuCoin and Aster. 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 STABLE rate has moved.