USDC funding rates by exchange

The current funding rate for every USDC perpetual we track, venue by venue, with 7-day and 30-day accumulated funding and the annualised rate. A positive rate means longs pay shorts.

Exchanges
11
Venue spread
0.027%
Pays most
Aster
24h volume
$9.2M

Right now Aster pays +0.01% per settlement and Gate.io pays -0.017% — that gap is what a funding-arbitrage position captures.

Right now 2 of the 11 USDC contracts carry a positive rate and the rest are negative. The sign itself differs by venue, which is the cleanest setup for a funding trade: collect on one leg instead of merely paying less on it.

Over the last 30 days the most USDC funding accumulated on Aster, at +0.90% — worth checking against the current rate, because the leader on accumulated funding is often not the leader today.

Click a column header to sort · use Columns to show or hide metrics

Exchange Contract Current rate APR 7d sum 30d sum 24h volume
Aster USDC-USDT +0.01% +7.3% +0.21% +0.90% $0K
Kraken USDC-USDT +0.0037% +28.8% -0.20% -3.08% $5K
Bybit USDC-USDT +0% -3.8% -0.03% -0.10% $3.7M
OKX USDC-USDT +0% -3.7% +0.00% -0.02% $448K
WEEX USDC-USDT +0% -3.9% +0.00% +0.00% $0K
Bitget USDC-USDT -0.0007% -4.7% -0.01% +0.03% $49K
MEXC USDC-USDT -0.004% -7.3% +0.04% -0.05% $583K
Binance USDC-USDT -0.0041% -8.1% +0.04% -0.05% $3.4M
Toobit USDC-USDT -0.0041% -8.4% -0.03% -0.16% $909K
KuCoin USDC-USDT -0.0152% -20.5% +0.19% +0.58% $23K
Gate.io USDC-USDT -0.017% -22.3% +0.03% +0.16% $115K

Rates come straight from exchange data and change at every settlement; APR annualises the current rate at the contract's own funding interval. Market data, not investment advice.

Other coins

Funding rates by coin →

Frequently asked questions

What is the USDC funding rate right now?

USDC funding currently ranges from +0.01% on Aster down to -0.017% on Gate.io per settlement — the table above lists every venue. A positive rate means long positions pay short positions at the next settlement; a negative rate means the reverse.

Which exchange pays the highest USDC funding?

At the moment Aster shows the highest USDC funding rate. This changes at every settlement, so trust the live ranking above rather than any fixed answer.

How do you trade the USDC funding difference?

You hold offsetting positions on two venues — long where funding is negative, short where it is positive — so price exposure cancels out and you collect the difference at each settlement. On USDC that difference is currently 0.027% per settlement, before the trading fees on both legs.

What an Arbitron subscription unlocks

  • The full ranking, including the hidden top opportunities
  • Telegram alerts on your own filters
  • Fully automated execution on your own dedicated server
An unhandled error has occurred. Reload X

Reconnecting…

Retrying in s…

Reconnecting…

Arbitron is updating. Back in a few seconds…

No internet connection. Waiting to reconnect…

Session paused

Reloading…