How Often Is the Funding Rate Typically Exchanged on Major Crypto Perpetual Swap Exchanges?

The funding rate is typically exchanged every eight hours on major crypto perpetual swap exchanges. However, the calculation of the funding rate is often done much more frequently, sometimes every minute, but the actual payment transfer between traders only occurs at the designated eight-hour intervals.

Some exchanges may offer shorter intervals, such as every four or one hour, especially in highly volatile markets.