NIL perpetual futures on 7 exchanges
Funding rate, maximum leverage and margin tiers for NIL on Binance, Bybit, Gate, Bitget, Hyperliquid, MEXC, KuCoin, side by side. Data as of 11 Oct 2026, 09:06 UTC.
The highest leverage on NIL is 100x, on MEXC; Hyperliquid allows up to 3x.
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 5,000 USDT on Bybit to 20,000 USDT on Gate.
Positive funding means longs pay shorts. Rates are converted to an 8-hour period because exchanges settle every 1, 4 or 8 hours for NIL. Live rates: funding rate table.
Position value in the margin currency. "—" means the exchange doesn't allow that leverage for NIL, 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 NIL. 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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