diff --git a/Cargo.lock b/Cargo.lock
index 4dcd1e85fcc..04cd05245aa 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -3661,9 +3661,9 @@ checksum = "e6d5a32815ae3f33302d95fdcb2ce17862f8c65363dcfd29360480ba1001fc9c"
 
 [[package]]
 name = "futures"
-version = "0.3.26"
+version = "0.3.27"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "13e2792b0ff0340399d58445b88fd9770e3489eff258a4cbc1523418f12abf84"
+checksum = "531ac96c6ff5fd7c62263c5e3c67a603af4fcaee2e1a0ae5565ba3a11e69e549"
 dependencies = [
  "futures-channel",
  "futures-core",
@@ -3676,9 +3676,9 @@ dependencies = [
 
 [[package]]
 name = "futures-channel"
-version = "0.3.26"
+version = "0.3.27"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "2e5317663a9089767a1ec00a487df42e0ca174b61b4483213ac24448e4664df5"
+checksum = "164713a5a0dcc3e7b4b1ed7d3b433cabc18025386f9339346e8daf15963cf7ac"
 dependencies = [
  "futures-core",
  "futures-sink",
@@ -3686,15 +3686,15 @@ dependencies = [
 
 [[package]]
 name = "futures-core"
-version = "0.3.26"
+version = "0.3.27"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ec90ff4d0fe1f57d600049061dc6bb68ed03c7d2fbd697274c41805dcb3f8608"
+checksum = "86d7a0c1aa76363dac491de0ee99faf6941128376f1cf96f07db7603b7de69dd"
 
 [[package]]
 name = "futures-executor"
-version = "0.3.26"
+version = "0.3.27"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e8de0a35a6ab97ec8869e32a2473f4b1324459e14c29275d14b10cb1fd19b50e"
+checksum = "1997dd9df74cdac935c76252744c1ed5794fac083242ea4fe77ef3ed60ba0f83"
 dependencies = [
  "futures-core",
  "futures-task",
@@ -3704,9 +3704,9 @@ dependencies = [
 
 [[package]]
 name = "futures-io"
-version = "0.3.26"
+version = "0.3.27"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "bfb8371b6fb2aeb2d280374607aeabfc99d95c72edfe51692e42d3d7f0d08531"
+checksum = "89d422fa3cbe3b40dca574ab087abb5bc98258ea57eea3fd6f1fa7162c778b91"
 
 [[package]]
 name = "futures-lite"
@@ -3725,9 +3725,9 @@ dependencies = [
 
 [[package]]
 name = "futures-macro"
-version = "0.3.26"
+version = "0.3.27"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "95a73af87da33b5acf53acfebdc339fe592ecf5357ac7c0a7734ab9d8c876a70"
+checksum = "3eb14ed937631bd8b8b8977f2c198443447a8355b6e3ca599f38c975e5a963b6"
 dependencies = [
  "proc-macro2",
  "quote",
@@ -3747,15 +3747,15 @@ dependencies = [
 
 [[package]]
 name = "futures-sink"
-version = "0.3.26"
+version = "0.3.27"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "f310820bb3e8cfd46c80db4d7fb8353e15dfff853a127158425f31e0be6c8364"
+checksum = "ec93083a4aecafb2a80a885c9de1f0ccae9dbd32c2bb54b0c3a65690e0b8d2f2"
 
 [[package]]
 name = "futures-task"
-version = "0.3.26"
+version = "0.3.27"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "dcf79a1bf610b10f42aea489289c5a2c478a786509693b80cd39c44ccd936366"
+checksum = "fd65540d33b37b16542a0438c12e6aeead10d4ac5d05bd3f805b8f35ab592879"
 
 [[package]]
 name = "futures-timer"
@@ -3765,9 +3765,9 @@ checksum = "e64b03909df88034c26dc1547e8970b91f98bdb65165d6a4e9110d94263dbb2c"
 
 [[package]]
 name = "futures-util"
-version = "0.3.26"
+version = "0.3.27"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "9c1d6de3acfef38d2be4b1f543f553131788603495be83da675e180c8d6b7bd1"
+checksum = "3ef6b17e481503ec85211fed8f39d1970f128935ca1f814cd32ac4a6842e84ab"
 dependencies = [
  "futures-channel",
  "futures-core",
diff --git a/client/consensus/aura/Cargo.toml b/client/consensus/aura/Cargo.toml
index 4428c94c210..b7a65523cf5 100644
--- a/client/consensus/aura/Cargo.toml
+++ b/client/consensus/aura/Cargo.toml
@@ -8,7 +8,7 @@ edition = "2021"
 [dependencies]
 async-trait = "0.1.68"
 codec = { package = "parity-scale-codec", version = "3.0.0", features = [ "derive" ] }
-futures = "0.3.26"
+futures = "0.3.27"
 tracing = "0.1.37"
 
 # Substrate
diff --git a/client/consensus/common/Cargo.toml b/client/consensus/common/Cargo.toml
index a588d02e741..84f3adaca1e 100644
--- a/client/consensus/common/Cargo.toml
+++ b/client/consensus/common/Cargo.toml
@@ -9,7 +9,7 @@ edition = "2021"
 async-trait = "0.1.68"
 codec = { package = "parity-scale-codec", version = "3.0.0", features = [ "derive" ] }
 dyn-clone = "1.0.11"
-futures = "0.3.26"
+futures = "0.3.27"
 log = "0.4.17"
 tracing = "0.1.37"
 
diff --git a/client/consensus/relay-chain/Cargo.toml b/client/consensus/relay-chain/Cargo.toml
index 9b7d8dff3ff..b3cd2eea7b0 100644
--- a/client/consensus/relay-chain/Cargo.toml
+++ b/client/consensus/relay-chain/Cargo.toml
@@ -7,7 +7,7 @@ edition = "2021"
 
 [dependencies]
 async-trait = "0.1.68"
-futures = "0.3.26"
+futures = "0.3.27"
 parking_lot = "0.12.1"
 tracing = "0.1.37"
 
diff --git a/client/network/Cargo.toml b/client/network/Cargo.toml
index 96dc43a5f52..130ab98b754 100644
--- a/client/network/Cargo.toml
+++ b/client/network/Cargo.toml
@@ -8,7 +8,7 @@ edition = "2021"
 [dependencies]
 async-trait = "0.1.68"
 codec = { package = "parity-scale-codec", version = "3.0.0", features = [ "derive" ] }
-futures = "0.3.26"
+futures = "0.3.27"
 futures-timer = "3.0.2"
 parking_lot = "0.12.1"
 tracing = "0.1.37"
diff --git a/client/pov-recovery/Cargo.toml b/client/pov-recovery/Cargo.toml
index 6b379fd89d6..5ab23ec7791 100644
--- a/client/pov-recovery/Cargo.toml
+++ b/client/pov-recovery/Cargo.toml
@@ -7,7 +7,7 @@ edition = "2021"
 
 [dependencies]
 codec = { package = "parity-scale-codec", version = "3.0.0", features = [ "derive" ] }
-futures = "0.3.26"
+futures = "0.3.27"
 futures-timer = "3.0.2"
 rand = "0.8.5"
 tracing = "0.1.37"
diff --git a/client/relay-chain-inprocess-interface/Cargo.toml b/client/relay-chain-inprocess-interface/Cargo.toml
index 059d6f198db..1959a7d163a 100644
--- a/client/relay-chain-inprocess-interface/Cargo.toml
+++ b/client/relay-chain-inprocess-interface/Cargo.toml
@@ -6,7 +6,7 @@ edition = "2021"
 
 [dependencies]
 async-trait = "0.1.68"
-futures = "0.3.26"
+futures = "0.3.27"
 futures-timer = "3.0.2"
 
 # Substrate
diff --git a/client/relay-chain-interface/Cargo.toml b/client/relay-chain-interface/Cargo.toml
index c4b413906e2..9583d78b613 100644
--- a/client/relay-chain-interface/Cargo.toml
+++ b/client/relay-chain-interface/Cargo.toml
@@ -14,7 +14,7 @@ sp-blockchain = { git = "https://github.com/paritytech/substrate", branch = "mas
 sp-state-machine = { git = "https://github.com/paritytech/substrate", branch = "master" }
 sc-client-api = { git = "https://github.com/paritytech/substrate", branch = "master" }
 
-futures = "0.3.26"
+futures = "0.3.27"
 async-trait = "0.1.68"
 thiserror = "1.0.38"
 jsonrpsee-core = "0.16.2"
diff --git a/client/relay-chain-minimal-node/Cargo.toml b/client/relay-chain-minimal-node/Cargo.toml
index dc7cad4bd76..7c1c8621d36 100644
--- a/client/relay-chain-minimal-node/Cargo.toml
+++ b/client/relay-chain-minimal-node/Cargo.toml
@@ -36,5 +36,5 @@ array-bytes = "6.0"
 lru = "0.9"
 tracing = "0.1.37"
 async-trait = "0.1.68"
-futures = "0.3.26"
+futures = "0.3.27"
 tokio = { version = "1.26.0", features = ["macros"] }
diff --git a/client/relay-chain-rpc-interface/Cargo.toml b/client/relay-chain-rpc-interface/Cargo.toml
index b51997b666b..91afe09910e 100644
--- a/client/relay-chain-rpc-interface/Cargo.toml
+++ b/client/relay-chain-rpc-interface/Cargo.toml
@@ -23,7 +23,7 @@ sc-service = { git = "https://github.com/paritytech/substrate", branch = "master
 
 tokio = { version = "1.26.0", features = ["sync"] }
 
-futures = "0.3.26"
+futures = "0.3.27"
 futures-timer = "3.0.2"
 parity-scale-codec = "3.4.0"
 jsonrpsee = { version = "0.16.2", features = ["ws-client"] }
diff --git a/client/service/Cargo.toml b/client/service/Cargo.toml
index ade6e7e8067..e17809158a9 100644
--- a/client/service/Cargo.toml
+++ b/client/service/Cargo.toml
@@ -5,7 +5,7 @@ authors = ["Parity Technologies <admin@parity.io>"]
 edition = "2021"
 
 [dependencies]
-futures = "0.3.26"
+futures = "0.3.27"
 
 # Substrate
 sc-client-api = { git = "https://github.com/paritytech/substrate", branch = "master" }
diff --git a/polkadot-parachain/Cargo.toml b/polkadot-parachain/Cargo.toml
index 80de13097f2..32b1e1cabec 100644
--- a/polkadot-parachain/Cargo.toml
+++ b/polkadot-parachain/Cargo.toml
@@ -14,7 +14,7 @@ path = "src/main.rs"
 async-trait = "0.1.68"
 clap = { version = "4.1.11", features = ["derive"] }
 codec = { package = "parity-scale-codec", version = "3.0.0" }
-futures = "0.3.26"
+futures = "0.3.27"
 hex-literal = "0.3.4"
 log = "0.4.17"
 serde = { version = "1.0.156", features = ["derive"] }
diff --git a/primitives/timestamp/Cargo.toml b/primitives/timestamp/Cargo.toml
index 418b79d30c0..79fcaa535f6 100644
--- a/primitives/timestamp/Cargo.toml
+++ b/primitives/timestamp/Cargo.toml
@@ -7,7 +7,7 @@ description = "Provides timestamp related functionality for parachains."
 
 [dependencies]
 codec = { package = "parity-scale-codec", version = "3.0.0", default-features = false, features = [ "derive" ] }
-futures = "0.3.26"
+futures = "0.3.27"
 
 # Substrate
 sp-inherents = { git = "https://github.com/paritytech/substrate", default-features = false, branch = "master" }
diff --git a/test/service/Cargo.toml b/test/service/Cargo.toml
index 3c0cec570fa..639aa369fef 100644
--- a/test/service/Cargo.toml
+++ b/test/service/Cargo.toml
@@ -72,7 +72,7 @@ cumulus-relay-chain-minimal-node = { path = "../../client/relay-chain-minimal-no
 cumulus-client-pov-recovery = { path = "../../client/pov-recovery" }
 
 [dev-dependencies]
-futures = "0.3.26"
+futures = "0.3.27"
 portpicker = "0.1.1"
 
 # Polkadot dependencies