T funding rates and arbitrage
Updated 2026-11-11 22:51 UTC
Best T arbitrage after every cost
| Coin | Pair | Long | Short | Net · 168 h | Net APR | Max size | Status |
|---|---|---|---|---|---|---|---|
| T | Perp ↔ perp | Bybit TUSDT | WhiteBIT T_PERP | −$227.57 | −118.7% | < $100 | Watch |
| T | Perp ↔ perp | KuCoin TUSDTM | WhiteBIT T_PERP | −$659.30 | −343.8% | < $100 | Watch |
| T | Perp ↔ perp | KuCoin TUSDTM | Bitget TUSDT | — | — | — | 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 |
|---|---|---|---|---|---|---|---|
| WhiteBIT | T_PERP | 0.0050% | 4 h | +10.9% | +11.0% | $412.5K | 2026-11-12 00:00 |
| MEXC | TSTOCK_USDT | 0.0000% | 8 h | 0.0% | 0.0% | $571.5K | 2026-11-12 00:00 |
| Bitget | TUSDT | -0.0165% | 4 h | −36.1% | −22.7% | $689.4K | 2026-11-12 00:00 |
| Binance | TUSDT | -0.0326% | 4 h | −71.4% | −35.3% | $2.2M | 2026-11-12 00:00 |
| MEXC | T_USDT | -0.0328% | 4 h | −71.8% | −35.6% | $325.5K | 2026-11-12 00:00 |
| LBank | TUSDT | -0.0328% | 4 h | −71.9% | −71.9% | — | 2026-11-12 00:00 |
| Bitunix | TUSDT | -0.0354% | 4 h | −77.4% | −35.8% | — | 2026-11-12 00:00 |
| Gate | T_USDT | -0.0423% | 4 h | −92.6% | −50.7% | $62.7K | 2026-11-12 00:00 |
| Variational | T-PERP | -0.0554% | 4 h | −121.4% | −89.4% | $16.2K | 2026-11-12 00:00 |
| Bybit | TUSDT | -0.0745% | 4 h | −163.1% | −37.1% | $894.3K | 2026-11-12 00:00 |
| KuCoin | TUSDTM | -0.0804% | 4 h | −176.1% | −75.4% | $462.7K | 2026-11-12 00:00 |
Borrow T to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Gate | 27.72% | $10K |
| Bitget | 41.35% | — |
| Binance | 66.48% | — |
Cost to enter $10,000 of T
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Bybit | TUSDT | 20.9 bp | live order book |
| Bitget | TUSDT | 36.3 bp | live order book |
| WhiteBIT | T_PERP | 154.0 bp | live order book |
| KuCoin | TUSDTM | 304.9 bp | live order book |
| Variational | T-PERP | 5.6 bp | top of book only |
| Binance | TUSDT | 6.1 bp | top of book only |
| MEXC | TSTOCK_USDT | 6.2 bp | top of book only |
| MEXC | T_USDT | 6.3 bp | top of book only |
| Gate | T_USDT | 9.8 bp | top of book only |
| Binance | TUSDT (spot) | 21.2 bp | top of book only |
| Bitget | TUSDT (spot) | 21.2 bp | top of book only |
| Gate | T_USDT (spot) | 26.7 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?
WhiteBIT at +10.9% a year (0.0050% every 4 h); the lowest is KuCoin at −176.1%. 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.