ALGO perpetual futures on 8 exchanges

Funding rate, maximum leverage and margin tiers for ALGO on Binance, OKX, Bybit, Gate, Bitget, Hyperliquid, MEXC, KuCoin, side by side. Data as of 11 Oct 2026, 09:06 UTC.

The highest leverage on ALGO is 200x, on MEXC; Hyperliquid allows up to 5x.

Funding, converted to an 8-hour rate, ranges from -0.0116% on Gate to +0.0100% on Bitget, so longs pay on some exchanges and shorts on others.

At 20x, the largest position you can open ranges from about 30,000 USDT on Gate to 100,000 USDT on Binance.

Funding and leverage

ExchangeMark priceFunding / 8hAnnualisedSettles everyMax leverageTier 1 maint. rateCalculators
Binance 0.118787 USDT +0.0068% +7.4% 8 h 75x 1%
OKX 0.118760 USDT -0.0092% -10.0% 8 h 50x 1%
Bybit 0.118640 USDT +0.0092% +10.1% 8 h 75x 1%
Gate 0.118670 USDT -0.0116% -12.7% 8.0 h 50x 1%
Bitget 0.118660 USDT +0.0100% +11.0% 8 h 75x 0.9%
Hyperliquid 0.118990 USDC +0.0100% +11.0% 1 h 5x 10%
MEXC 0.118840 USDT +0.0056% +6.1% 8 h 200x 0.4%
KuCoin 0.118840 USDT +0.0100% +11.0% 8.0 h 50x 1.2%

Positive funding means longs pay shorts. Rates are converted to an 8-hour period because exchanges settle every 1 or 8 hours for ALGO. Live rates: funding rate table.

Largest position at each leverage

ExchangeAt 10xAt 20xAt 50xAt 100xMargin tiers
Binance 250K USDT100K USDT10.0K USDT— 11
OKX 457K USDT41.6K USDT10.4K USDT— 93
Bybit 250K USDT100K USDT15.0K USDT— 30
Gate 50.0K USDT30.0K USDT10.0K USDT— 8
Bitget 250K USDT100K USDT10.0K USDT— 9
Hyperliquid ———— 1
MEXC 94.6K USDT94.6K USDT94.6K USDT94.6K USDT 1
KuCoin 300K USDT100K USDT10.0K USDT— 8

Position value in the margin currency. "—" means the exchange doesn't allow that leverage for ALGO, or doesn't publish the limit (BingX lists only its first tier).

Reading these numbers

Maximum leverage only applies to small positions. Every exchange splits a contract into margin tiers: as the position grows, the allowed leverage falls and the maintenance margin rate rises, so the liquidation price moves closer to entry. The second table shows where each exchange draws those lines for ALGO. If you plan a large position, check it there before choosing the exchange.

Funding is paid between longs and shorts, not to the exchange. Over a position held for days it often costs more than trading fees, and the rate can differ a lot between exchanges for the same coin.

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