APR perpetual futures on 7 exchanges

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

The highest leverage on APR is 50x, on Binance, Bitget, MEXC, KuCoin; OKX allows up to 20x.

Funding, converted to an 8-hour rate, ranges from +0.0050% on MEXC to +0.0100% on Binance. Longs pay shorts on every exchange.

At 20x, the largest position you can open ranges from about 1,823 USDT on OKX to 73,000,000,000,000 USDT on MEXC.

Funding and leverage

ExchangeMark priceFunding / 8hAnnualisedSettles everyMax leverageTier 1 maint. rateCalculators
Binance 0.072800 USDT +0.0100% +11.0% 4 h 50x 1.5%
OKX 0.072900 USDT +0.0100% +11.0% 4 h 20x 2%
Bybit 0.072980 USDT +0.0100% +11.0% 4 h 20x 2.5%
Gate 0.073040 USDT +0.0100% +11.0% 4.0 h 25x 2.5%
Bitget 0.073060 USDT +0.0100% +11.0% 4 h 50x 1.5%
MEXC 0.073000 USDT +0.0050% +5.5% 8 h 50x 1%
KuCoin 0.073050 USDT +0.0100% +11.0% 4.0 h 50x 1.5%

Positive funding means longs pay shorts. Rates are converted to an 8-hour period because exchanges settle every 4 or 8 hours for APR. Live rates: funding rate table.

Largest position at each leverage

ExchangeAt 10xAt 20xAt 50xAt 100xMargin tiers
Binance 20.0K USDT10.0K USDT5.0K USDT— 8
OKX 12.8K USDT1.8K USDT—— 87
Bybit 100K USDT5.0K USDT—— 30
Gate 50.0K USDT10.0K USDT—— 17
Bitget 30.0K USDT20.0K USDT5.0K USDT— 8
MEXC 73,000B USDT73,000B USDT73,000B USDT— 1
KuCoin 20.0K USDT10.0K USDT5.0K USDT— 8

Position value in the margin currency. "—" means the exchange doesn't allow that leverage for APR, 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 APR. 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.

Other coins

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