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ToolsPerpetualsFunding Fee Comparison

Which exchange costs less?

Compare holding payments for the same trade over the same time.

Reading predicted funding...

How to read an exchange funding gap

  1. 01

    Set your inputs. Choose your coin, position side, size and how long you plan to hold. The page then shows what each exchange would charge or pay you over that period, and the cheapest place for the trade.

  2. 02

    Compare like for like. Each exchange charges funding on its own schedule, every 1, 4 or 8 hours. We convert all rates to a yearly rate so you can compare Binance, Hyperliquid and Bybit directly.

  3. 03

    Look for the gaps. A large exchange funding gap means the same coin is more crowded on one exchange than another. It also shows where the same position is currently cheaper or more expensive to hold.

  4. 04

    Remember they move. Funding rates change quickly and gaps can close. The table shows who is paying or receiving, not where to trade.

Next funding rates from Binance, Hyperliquid and Bybit, refreshed every minute while the page is open. Educational only.

How this tool works

How to read an exchange funding gap

  1. 01

    Set your inputs.

    Choose your coin, position side, size and how long you plan to hold. The page then shows what each exchange would charge or pay you over that period, and the cheapest place for the trade.

  2. 02

    Compare like for like.

    Each exchange charges funding on its own schedule, every 1, 4 or 8 hours. We convert all rates to a yearly rate so you can compare Binance, Hyperliquid and Bybit directly.

  3. 03

    Look for the gaps.

    A large exchange funding gap means the same coin is more crowded on one exchange than another. It also shows where the same position is currently cheaper or more expensive to hold.

How the calculation works

  1. 01We take each exchange's next funding rate and convert it to a yearly rate based on that exchange's funding interval.
  2. 02Your estimated funding cost or income is your position size times the yearly rate times how long you plan to hold.

Sources and freshness

Hyperliquid predicted funding feed
Next funding rates for Binance, Hyperliquid and Bybit, including each exchange's interval, plus Hyperliquid open interest.
Cached one minute, refreshes every minute while the page is open.

A blank cell means that exchange does not list the coin, or no rate was reported.

Words on this page

Each one has a page that explains it in plain English.