T funding rates and arbitrage
Updated 2026-10-29 17:34 UTC
Best T arbitrage after every cost
| Coin | Pair | Long | Short | Net · 168 h | Net APR | Max size | Status |
|---|---|---|---|---|---|---|---|
| T | Perp ↔ perp | Binance TUSDT | Bitget TUSDT | −$18.51 | −9.7% | < $100 | Watch |
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
T funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Variational | T-PERP | -0.0538% | 4 h | −117.9% | — | $24K | 2026-10-29 20:00 |
| BingX | NCSKT2USD-USDT | -0.1222% | 8 h | −133.8% | −2.4% | $286.8K | 2026-10-30 00:00 |
| Gate | T_USDT | -0.0161% | 1 h | −141.0% | −919.1% | $145.6K | 2026-10-29 18:00 |
| Bybit | TUSDT | -0.0722% | 4 h | −158.2% | −1163.5% | $1.8M | 2026-10-29 20:00 |
| Bitget | TUSDT | -0.0213% | 1 h | −186.6% | −892.5% | $1.1M | 2026-10-29 18:00 |
| MEXC | TSTOCK_USDT | -0.1731% | 8 h | −189.5% | −24.3% | $542.7K | 2026-10-30 00:00 |
| Bitunix | TUSDT | -0.0278% | 1 h | −243.5% | −937.5% | — | 2026-10-29 18:00 |
| MEXC | T_USDT | -0.0290% | 1 h | −254.0% | −933.0% | $616.7K | 2026-10-29 18:00 |
| LBank | TUSDT | -0.0291% | 1 h | −254.8% | — | — | 2026-10-29 18:00 |
| Binance | TUSDT | -0.0291% | 1 h | −254.8% | −933.2% | $4.7M | 2026-10-29 18:00 |
| KuCoin | TUSDTM | -0.1535% | 4 h | −336.2% | −902.7% | $1.2M | 2026-10-29 20:00 |
| WhiteBIT | T_PERP | -0.0695% | 1 h | −608.6% | −780.3% | $875.3K | 2026-10-29 18:00 |
Borrow T to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Binance | 117.34% | — |
| Gate | 485.01% | $120K |
| Bitget | — | — |
Cost to enter $10,000 of T
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Binance | TUSDT | 16.7 bp | live order book |
| Bitget | TUSDT | 33.3 bp | live order book |
| Variational | T-PERP | 5.3 bp | top of book only |
| MEXC | T_USDT | 6.1 bp | top of book only |
| Bybit | TUSDT | 6.6 bp | top of book only |
| Gate | T_USDT | 8.6 bp | top of book only |
| MEXC | TSTOCK_USDT | 11.1 bp | top of book only |
| KuCoin | TUSDTM | 12.3 bp | top of book only |
| OKX | T-USDT (spot) | 20.5 bp | top of book only |
| Bitget | TUSDT (spot) | 22.7 bp | top of book only |
| Gate | T_USDT (spot) | 25.3 bp | top of book only |
| Binance | TUSDT (spot) | 31.1 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on T
Questions
Is T funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no T pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest T funding rate?
Variational at −117.9% a year (-0.0538% every 4 h); the lowest is WhiteBIT at −608.6%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.