NIGHT perpetual futures on 7 exchanges

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

The highest leverage on NIGHT is 100x, on MEXC; OKX allows up to 20x.

Funding, converted to an 8-hour rate, ranges from +0.0089% on OKX to +0.0114% on MEXC. Longs pay shorts on every exchange.

At 20x, the largest position you can open ranges from about 5,000 USDT on Gate to 49,490,000,000,000 USDT on MEXC.

Funding and leverage

ExchangeMark priceFunding / 8hAnnualisedSettles everyMax leverageTier 1 maint. rateCalculators
Binance 0.049336 USDT +0.0100% +11.0% 4 h 50x 1.5%
OKX 0.049335 USDT +0.0089% +9.7% 4 h 20x 2%
Bybit 0.049410 USDT +0.0100% +11.0% 4 h 50x 1.5%
Gate 0.049390 USDT +0.0100% +11.0% 8.0 h 20x 2.5%
Bitget 0.049400 USDT +0.0100% +11.0% 4 h 25x 2%
MEXC 0.049490 USDT +0.0114% +12.5% 8 h 100x 0.5%
KuCoin 0.049491 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 8.0 hours for NIGHT. 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 207K USDT29.6K USDT—— 87
Bybit 65.0K USDT15.0K USDT5.0K USDT— 30
Gate 50.0K USDT5.0K USDT—— 13
Bitget 30.0K USDT10.0K USDT—— 7
MEXC 49,490B USDT49,490B USDT49,490B USDT49,490B 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 NIGHT, 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 NIGHT. 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

XPLMUBARAKGRIFFAINSTXTRXLANILMARSCOINAll 100 coins