Night

Night (NIGHT) — Funding Rates

Perpetual futures funding rates across exchanges

Night (NIGHT) perpetual futures currently show funding across 17 markets, averaging 0.0050% per interval. The highest rate is 0.0109%.

A positive rate means longs pay shorts — a signal of crowded long positioning; a negative rate means shorts pay longs. Use this page to compare funding across venues and spot markets where the annualized rate is attractive.

Markets with Funding
17
Highest Rate
0.0109%
Lowest Rate
0.0000%
Total Perp Markets
17

Current Funding Rates

ExchangePairFunding RateAnnualized APRIntervalPriceVolume (24h)
OKXNIGHT/USDT+0.0050%+0.0%8000h · 4:00:00 PM$0.04$80.88M
KucoinNIGHT/USDT+0.0050%+0.0%8000h · 12:00:00 PM$0.04$9.98M
BinanceNIGHT/USDT+0.0050%+0.0%8000h · 12:00:00 PM$0.04$4.8M
WhitebitNIGHT/USDT+0.0050%+0.0%8000h · 12:00:00 PM$0.04$2.85M
DeepcoinNIGHT/USDT+0.0000%+0.0%8000h$0.04$2.15M
BlofinNIGHT/USDT+0.0000%+0.0%8000h · 8:00:00 PM$0.04$1.09M
BybitNIGHT/USDT+0.0050%+0.0%8000h · 12:00:00 PM$0.04$871.6K
BingxNIGHT/USDT+0.0055%+0.0%4000h · 12:00:00 PM$0.04$779.13K
MEXCNIGHT/USDT+0.0109%+0.0%4000h · 12:00:00 PM$0.04$557.54K
BitgetNIGHT/USDT+0.0050%+0.0%4000h · 12:00:00 PM$0.04$282.08K
BitunixNIGHT/USDT+0.0000%+0.0%8000h · 12:00:00 PM$0.04$266.87K
XtNIGHT/USDT+0.0050%+0.0%8000h$0.04$263.21K
DeribitNIGHT/USDC+0.0082%+0.0%8000h$0.04$206.61K
GateNIGHT/USDT+0.0100%+0.0%8000h · 12:00:00 AM$0.00$139.1K
PionexNIGHT/USDT+0.0050%+0.0%8000h · 12:00:00 PM$0.04$80.6K
AsterNIGHT/USDT+0.0050%+0.0%1000h · 12:00:00 PM$0.04$58.4K
BybitNIGHT/USDC+0.0050%+0.0%8000h · 12:00:00 PM$0.04$12.08K

Night Funding Rate FAQ

What is the NIGHT funding rate?expand_more
The funding rate is a periodic payment between longs and shorts on perpetual futures markets. A positive rate means longs pay shorts; a negative rate means shorts pay longs. It keeps the perpetual price anchored to spot.
Why is the funding rate positive or negative?expand_more
When most traders are long, funding turns positive to encourage shorts; when the crowd is short, funding turns negative to encourage longs. Extreme values often signal crowded positioning and potential reversals.
How is APR calculated from the funding rate?expand_more
APR annualizes the rate using the funding interval: rate × (24h / interval hours) × 365. For example, a 0.01% rate paid every 8 hours annualizes to roughly 10.95%.
When is funding paid on NIGHT perpetuals?expand_more
Most exchanges settle funding every 8 hours (00:00, 08:00, 16:00 UTC), though some venues use 4-hour or 1-hour intervals. The exact next settlement time is shown next to each market on this page.
What is considered a high funding rate?expand_more
Sustained funding above 0.05-0.1% per interval is elevated and indicates strong directional crowding. Funding arbitrage traders typically look for markets where the annualized rate exceeds holding costs.