How MyFundedPerps Payouts Work: Daily Requests, Rise, and the $100 Minimum
If you trade a funded account with us, the MyFundedPerps payout process is deliberately simple: trade, close out, request, get paid through Rise. The details matter, though, because a few of the rules are one-way doors. This guide covers every number and gate in the payout flow, exactly as documented in our docs at docs.myfundedperpetuals.com.
Payout requests opened on September 11, 2026 at 12:00 a.m. Eastern Daylight Time (04:00 UTC). The opening applies to all funded accounts, including first payouts, and it can be rescheduled or paused.
The MyFundedPerps payout basics
Here is the full picture in one table:
Two funded accounts held by the same trader each carry their own daily allowance, so you can request from both on the same day.
One request per account per New York calendar day
The daily allowance resets at 12:00 a.m. (midnight) New York time, the same clock as the daily loss reset. That is 04:00 UTC during Eastern Daylight Time and 05:00 UTC during Eastern Standard Time. The window follows calendar days, not a rolling 24-hour wait from your last request.
Three consequences catch traders out:
- Requests cannot be cancelled. Once submitted, the request stands.
- A rejected request still consumes the day. This includes rejections caused by a system problem. You wait for the next calendar day.
- A pending request locks trading. While your request is under manual review, that funded account cannot trade. Do not submit another request or try to change the supporting balance. Midnight renews the allowance; it does not approve or pay an existing request. Review and delivery can take longer than the request window.
The $100 gross minimum and the split
The minimum request is $100 of gross profit before the split. At the standard 80/20 split that pays you $80. At the 90/10 split it pays $90. The 90/10 upgrade is available only at checkout and cannot be added later. The request form accepts your net share and shows the gross account deduction before you confirm, so you always see both numbers.
Select, Prime, and Signature have no minimum trading-day requirement, no qualifying-day requirement, no consistency gate, no payout count cap, and no lifetime payout cap.
Rise onboarding
Payout delivery uses Rise. From the Payouts panel on myfundedperpetuals.com, you enter the email you want paid to, send the invitation, then accept it and create the Rise account. The invitation comes from Rise, so check your inbox and spam folder. Approved payouts are delivered to the connected Rise account, so double-check the email before you confirm. If the invitation cannot be completed, contact support from the panel.
Gates you must clear before requesting
The request form explains the first condition that is not yet satisfied. Before you can submit:
- Keep the funded account active.
- Wait for any pending request to finish and for the next daily window.
- Close every open position. Payouts use realized balance.
- Cancel resting orders and wait for working orders to settle.
- Have at least $100 of available gross profit in the current cycle.
Eligibility is checked again at submission, so if account state changed you will see the updated blocker.
Whole-cent rounding
Requests use whole cents. The Max button rounds your available share down to the nearest cent. If you type more than two decimal places, the amount rounds to the nearest cent, with an exact half-cent rounding to the even cent. For example, $330.108976 becomes $330.11. The rounded request must still fit within your available share.
First payout locks your drawdown floor
This is the rule with the biggest long-term impact. Before your first withdrawal, the max loss limit (MLL) is static: starting balance minus the plan's drawdown allowance. On your first withdrawal, the floor locks permanently to exactly the starting balance. Later withdrawals never move it. You receive an in-app notice and an email explaining the lock.
Worked example: a $100K Signature account starts with an MLL floor of $94,000. After its first withdrawal, the floor is $100,000. Equity at exactly $100,000 is allowed; equity at $99,999 breaches and closes the account. Equity includes open-position profit and loss. The 3% daily loss rule still applies on top, and the dashboard shows both loss floors.
Buffer math: why the max request closes your account
The payout deducts the gross amount from the account, not just your share. Whatever remains above the locked floor is your loss buffer for future trading. The docs' example: withdrawing $3,200 at an 80/20 split deducts $4,000 gross. If your account held exactly $104,000, that request brings the balance to $100,000, which is the locked floor. You are left with $0 of buffer, and a max request that takes you down to the starting balance closes the account. Below the floor also closes the account.
Before you submit, review the three preview lines directly below the amount field: Balance After Payout, Max Loss Floor After Payout, and Loss Buffer After Payout. A zero-buffer warning appears when the payout leaves no room above the floor, and submission is blocked outright if the projected balance would fall below it. Reduce the request to keep room for trading losses and fees.
One more cycle note: on approval, the full gross amount leaves the balance and a new payout cycle starts. Any undistributed profit retained below the new cycle baseline becomes a balance buffer and cannot be withdrawn in later cycles.
Store credit with a 10% boost
You can take 100% of a payout as cash through Rise, 100% as store credit, or any split between the two using the slider, a preset, or a custom amount. The store-credit portion receives a 10% boost: converting $100 of a payout grants $110 in credit. The boost increases the credit you receive, not the amount deducted from the account, and the boosted credit cannot be withdrawn as cash.
Frequently asked questions
How often can I request a MyFundedPerps payout?
Once per funded account per New York calendar day. The allowance resets at midnight Eastern time, and each of your funded accounts has its own allowance.
What is the minimum payout?
$100 of gross profit before the split. That pays $80 net at the standard 80/20 split, or $90 net if you bought the 90/10 upgrade at checkout.
How are payouts delivered?
Through Rise. You connect a Rise account by email invitation from the Payouts panel, and approved payouts are delivered to that account after manual review.
What happens to my drawdown after the first payout?
The max loss floor locks permanently to your starting balance. Equity at exactly that level is allowed; anything below it breaches the account. Requesting the maximum amount leaves a $0 buffer and closes the account.
Can I cancel a payout request?
No. Submitted requests cannot be cancelled, and a rejected request still consumes that day's allowance. While a request is pending, trading on that account is locked.