NIGHT$0.01994-3.30%Market Cap$331.48M
Circulating Supply16,607,399,401
Total Supply24,000,000,000
WebsiteWebsiteWhitepaper
Explorers
NIGHT$0.01994-3.30%Open Interest-12.92%$13.07M
Futures Volume+2.56%$13.12M
Liquidation+2766.94%$9.10K
Long Liquidation—$9.10K
Short Liquidation-100.00%$0.00
NIGHT Long/Short All0.984
Binance Long/Short0.972
OKX Long/Short1.065
Bybit Long/Short0.863
BingX Long/Short0.998
Funding Rate
NIGHT OI-Weighted (4h)+0.0037%
Binance NIGHT/USDT (4h)+0.0050%
OKX NIGHT/USDT (4h)+0.0050%
Bybit NIGHT/USDT (4h)-0.0037%
MEXC NIGHT/USDT (4h)+0.0107%
Current FundingA funding rate is a periodic payment exchanged directly between long and short traders in perpetual futures. Learn more →+0.0074%
Annualized · APR+8.13%
Next Funding—
Funding Accum · 1D—
NIGHT Funding Rate Chart · Perpetual · Aggregated
Funding Rate · per 8hpositive · longs pay shortsnegative · shorts pay longsNIGHT price
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View NIGHT liquidation heatmap →Where leveraged longs and shorts get liquidated · Binance, Bybit, OKX, Hyperliquid and more
Exchanges NIGHT Funding Rates
| Exchanges | Funding Rate | APR | 1D Accumulated | Next Funding | Interval | |
|---|---|---|---|---|---|---|
| ΣOI-Weighted | +0.0074% | — | — | — | — | |
| BBinance | +0.0050% | +10.95% | +0.0300% | 02:49:01 | 4h | Trade |
| BBingX | +0.0054% | +11.83% | +0.0345% | 02:49:01 | 4h | |
| BBybit | -0.0037% | -8.01% | +0.0058% | 02:49:01 | 4h | Trade |
| OOKX | +0.0050% | +10.95% | +0.0140% | 02:49:01 | 4h | Trade |
| WWhiteBIT | +0.0050% | +10.95% | +0.0300% | 02:49:01 | 4h | |
| MMEXC | +0.0107% | +23.43% | +0.0687% | 02:49:01 | 4h | Trade |
| KKuCoin | +0.0012% | +2.63% | -0.0970% | 02:49:01 | 4h | Trade |
| BBitget | +0.0050% | +10.95% | +0.0290% | 02:49:01 | 4h | Trade |
| GGate | -0.0203% | -22.23% | -0.0075% | 06:49:01 | 8h | Trade |
| KKraken | -0.0182% | -159.02% | -0.0244% | 00:49:01 | 1h | |
| AAster | -0.0249% | -54.51% | -0.0888% | 02:49:01 | 4h | |
| CCoinbase | -0.0591% | -517.72% | -2.6862% | 00:49:01 | 1h |
Rates are per settlement interval (1h/4h/8h depending on exchange) and APR annualizes the current rate at that interval. The Accumulated column sums the rate at each settlement over the selected window (1Y uses exchange-reported yearly accumulation). Live rates update about every 10 seconds.
How to read the colors: funding reflects positioning and the cost of leverage, not price direction. Funding is the fee longs pay shorts (negative means shorts pay longs). Green = funding below the neutral baseline (~0.01% per 8h): holding longs is cheap and the market is not crowded long. Gray = the neutral zone around baseline. Red = elevated funding: longs are crowded and paying up, with deeper red meaning a more extreme premium. The Accumulated column is colored by its per-settlement average, so it reads on the same scale as the live rate. Green funding while price falls = no euphoria and longs are cheap to hold — often a constructive contrarian signal. Red funding while price rises = crowded leveraged longs paying high fees — a setup vulnerable to long squeezes.
The current NIGHT USDT perpetual funding rate (4h, OI-weighted) is +0.0074%, meaning longs are paying shorts right now. Across the 12 exchanges reporting a rate, it ranges from -0.0591% on Coinbase to +0.0107% on MEXC — a spread that shows how positioning differs venue by venue. A positive rate is typical when perpetual contracts trade at or above the spot price and long positioning dominates. Learn more about how funding rates work →
See the live funding rate matrix for every exchange →
About NIGHT funding rates
The Midnight funding rate (NIGHT funding rate) is the periodic payment exchanged between longs and shorts on NIGHT perpetual futures. This page charts the OI-weighted Midnight perpetual funding rate (NIGHT perpetual funding rate) against price, plus each exchange's current rate, accumulated funding from one day out to one year, and the countdown to its next settlement.
The headline rate weights every venue by its share of NIGHT open interest, so large markets move the aggregate more than small ones. Venues reporting no data are excluded and figures refresh continuously.
Frequently asked questions
What is the NIGHT funding rate right now?
On an OI-weighted basis, NIGHT funding currently sits at +0.0074% — traders holding longs pay shorts until the next settlement (settled every 4 hours on most venues).
Which exchange has the highest NIGHT funding rate?
MEXC currently prints the highest NIGHT rate at +0.0107%; Coinbase sits lowest at -0.0591%. Every venue's current and accumulated rate is listed in the table below.
How often is NIGHT funding settled?
Settlement schedules differ by venue — from every hour to every 8 hours. The countdown to each exchange's next settlement runs in the table below.
MEGA
ARX
EUL
KAVA
AKT
COHR