OKX Funding Rates — Live Perpetual Futures Data

What is OKX funding rate?

Funding rate is the periodic payment exchanged between long and short traders on OKX perpetual swaps. OKX charges it every 8 hours at 00:00, 08:00, and 16:00 UTC for the major USDT swaps. When the rate is positive, longs pay shorts. When it is negative, shorts pay longs. The rate is derived from the basis between the mark price and the index price, adjusted by an interest-rate component, and capped per window, typically around ±0.05% for the liquid contracts.

How to read this page

The table below shows every tracked OKX perpetual swap with the current funding rate, the percentage move over 24 hours, and the 24h trading volume. Rates are color-coded: red indicates positive funding (longs pay shorts), green indicates negative funding (shorts pay longs), and gray indicates funding close to zero. Sort any column by clicking the header. The data refreshes automatically every 5 minutes.

Why funding matters

Funding is the cleanest signal of positioning in a perpetual contract. When funding is consistently positive above 0.01% per 8 hours, longs are paying a meaningful premium to stay long — historically a sign of crowded positioning that often precedes a flush. When funding is consistently negative below -0.01%, shorts are paying longs, and a short squeeze becomes more likely. We track these extremes on the funding dashboard.

Cross-exchange comparison

Funding rates often diverge between Binance, Bybit, and OKX for the same contract. The largest divergences are highlighted on the funding dashboard, and traders can capture the spread by going long on the lower-funding venue and short on the higher-funding venue. The funding screener lets you filter the same data across all three exchanges simultaneously.

Educational resources

New to perpetual futures? Start with the Funding 101 guide. For data sources and methodology, see the methodology page. For trading strategies, see the guides.