MEXC vs Binance Funding Rates
Side-by-side comparison of perpetual futures funding rates across 10 major assets.
2
MEXC leads
7
Binance leads
Current Rate Comparison
| Asset | Bybit | Binance | MEXC | Spread | Best Venue |
|---|---|---|---|---|---|
| Solana | +10.95% | -0.37% | -0.22% | +1.0 bps | bybit |
| XRP | +4.47% | -3.01% | -3.07% | +0.7 bps | bybit |
| Ethereum | +4.10% | -2.66% | -2.63% | +0.6 bps | bybit |
| BNB | +10.95% | +5.11% | +5.04% | +0.5 bps | bybit |
| Bitcoin | +6.95% | +3.00% | +2.96% | +0.4 bps | bybit |
| Cardano | +7.52% | +10.95% | +10.95% | +0.3 bps | binance |
| Avalanche | -0.40% | -3.65% | -3.72% | +0.3 bps | bybit |
| Dogecoin | +10.95% | +7.95% | +7.88% | +0.3 bps | bybit |
| Polkadot | +10.95% | +9.63% | +9.42% | +0.1 bps | bybit |
| Chainlink | +4.76% | +4.41% | +4.27% | +0.0 bps | bybit |
Detailed Breakdown
Bitcoin BTC/USDT
Spread: 0.4 bps
MEXC +2.96%
Binance +3.00%
Ethereum ETH/USDT
Spread: 0.6 bps
MEXC -2.63%
Binance -2.66%
Solana SOL/USDT
Spread: 1.0 bps
MEXC -0.22%
Binance -0.37%
BNB BNB/USDT
Spread: 0.5 bps
MEXC +5.04%
Binance +5.11%
XRP XRP/USDT
Spread: 0.7 bps
MEXC -3.07%
Binance -3.01%
Dogecoin DOGE/USDT
Spread: 0.3 bps
MEXC +7.88%
Binance +7.95%
Chainlink LINK/USDT
Spread: 0.0 bps
MEXC +4.27%
Binance +4.41%
Avalanche AVAX/USDT
Spread: 0.3 bps
MEXC -3.72%
Binance -3.65%
Polkadot DOT/USDT
Spread: 0.1 bps
MEXC +9.42%
Binance +9.63%
Cardano ADA/USDT
Spread: 0.3 bps
MEXC +10.95%
Binance +10.95%
Other venue comparisons
Why Compare Exchange Funding Rates?
Funding rates can differ significantly between exchanges. These spreads create arbitrage opportunities — a trader can go short on the exchange with higher funding and long on the exchange with lower funding, capturing the difference.
Even without cross-exchange arbitrage, comparing rates helps you choose the best venue for a carry trade. If you're planning to collect funding by shorting a perp, you want the exchange paying the highest rate.
FundingKai updates this comparison every 8 hours with live data from both MEXC and Binance.