A live timer to the next funding payment on every major perp venue. If you hold a position across the timestamp you pay (or collect) the full interval's funding — close ten seconds after and you've paid for the whole eight hours.
Standard schedules for the major pairs. Exchanges move individual high-volatility pairs to 4h, 2h or even 1h funding — always check the contract page of the pair you actually hold. The countdown that matters is paired with the rate: live funding across 10 exchanges here.
Most perpetual futures pay funding every 8 hours at fixed UTC times — 00:00, 08:00 and 16:00 — on Binance, Bybit, OKX and Bitget. Hyperliquid pays every hour, and Coinbase's international perps accrue hourly. Funding is exchanged only between positions open at the timestamp: there is no pro-rating on the standard 8h schedule, which is why scalpers time exits around it and carry traders live by it.
The exceptions matter: exchanges quietly move individual pairs to 4h, 2h or 1h schedules when volatility spikes (newly listed and meme pairs especially). The timers here are the standard grids — the contract page of your specific pair is authoritative for that pair.
No. On the standard schedule, funding is exchanged only between positions open at the funding timestamp. Close one second before and you pay nothing for that interval; open one second before and you pay (or collect) the full amount. That cliff is why funding timing is a real execution consideration for short-horizon trades.
Every 8 hours at 00:00, 08:00 and 16:00 UTC for most pairs on Binance, Bybit, OKX and Bitget. Individual pairs can be moved to 4h, 2h or 1h intervals during volatile periods — the exchange shows the current interval on each contract's detail page.
No — you're being paid to hold the unpopular side of a crowded trade, and the position carries full price risk while you collect. Delta-neutral funding harvesting (long spot, short perp) removes the price risk but adds basis, borrow and execution costs. Whether any of it nets out positive is a strategy question, and one that deserves out-of-sample testing like everything else.
The countdown tells you when funding hits. Whether your strategy survives its funding bill over hundreds of trades is what we actually grade.
Grade your strategy — free