OKB funding rates

OKB perpetual funding across 5 venues. Rates are annualized (APR); positive means longs pay shorts.

Data as of 2026-10-12 04:01 UTC · refreshed every 5 min

Best pair · 7d: 10.9%long MEXC, short Bybit · net 7.0%
Highest funding now: 11.0%BybitCEX
Lowest funding now: −4.3%GateCEX
Listed on: 5 venues

Funding by venue

													Open
BybitCEX	OKBUSDT	11.0%	11.0%	21.0%	14.1%	22.7%	100%	4h	08:00	126.60	$2.3M	$491k	ByBybit
Aster	OKBUSDT	10.9%	10.9%	11.3%	−11.5%	11.4%	100%	1h	05:00	126.31	$31k	$3k	AsAster
MEXCCEX	OKB_USDT	10.9%	8.5%	10.1%	9.4%	10.3%	95%	4h	08:00	126.56	$668k	$286k	MxMEXC
Variational	OKB	10.9%	10.9%	18.3%	13.2%	19.5%	100%	4h	—	126.24	$161k	$55k	VaVariational
GateCEX	OKB_USDT	−4.3%	9.2%	10.7%	7.0%	10.9%	99%	8h	08:00	126.53	$2.7M	$421k	GtGate

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
											Flags	Open	Calc
		Spread APR				After taker fees			Quality
MEXCCEX	Variational	0.0%	2.4%	8.2%	3.9%	7.2%	10.8%	1.8d	cooling	$161k	spread not incl.	Mx Va	calc
MEXCCEX	BybitCEX	0.0%	2.4%	10.9%	4.7%	7.0%	10.5%	5.0d	steady	$668k		Mx By	calc
GateCEX	Variational	15.2%	1.7%	7.6%	6.3%	3.7%	5.5%	7.2d	steady	$161k	8h/4hspread not incl.	Gt Va	calc
GateCEX	BybitCEX	15.2%	1.8%	10.3%	7.1%	3.5%	5.3%	9.2d	steady	$2.3M	8h/4h	Gt By	calc
Aster	Variational	0.0%	0.0%	7.0%	24.7%	4.9%	7.4%	4.2d	cooling	$31k	low OI1h/4hspread not incl.	As Va	calc
Aster	BybitCEX	0.0%	0.0%	9.7%	25.6%	4.7%	7.1%	7.1d	steady	$31k	low OI1h/4h	As By	calc
Variational	BybitCEX	0.0%	0.0%	2.7%	0.9%	−0.2%	−0.2%	15d	weak	$161k	spread not incl.	Va By	calc
MEXCCEX	Aster	0.0%	2.4%	1.2%	−20.8%	−1.9%	−2.9%	36d	weak	$31k	low OI4h/1h	Mx As	calc
MEXCCEX	GateCEX	−15.2%	0.7%	0.6%	−2.4%	−4.3%	−6.5%	109d	weak	$668k	4h/8h	Mx Gt	calc
GateCEX	MEXCCEX	15.2%	−0.7%	−0.6%	2.4%	−5.6%	−8.4%	—	weak	$668k	8h/4h	Gt Mx	calc
GateCEX	Aster	15.2%	1.7%	0.6%	−18.4%	−5.4%	−8.1%	142d	weak	$31k	low OI8h/1h	Gt As	calc

What the columns and badges mean

now: Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h: Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d: Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d: Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend: Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR: 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital: Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven: Days of 7d-average funding needed to pay back open+close taker fees.
Min OI: Smaller open interest of the two legs, USD.
steady: Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike: The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed: The spread was negative too often: not negative in only X% of hours over 7 days.
new: Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak: Prior-week spread under 5% APR: too small to call steady.
cooling: The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?: Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale: At least one leg has not updated for over 30 minutes.
low OI: Open interest under $50k on at least one leg — size carefully.
8h/1h: Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi: Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only: Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.: A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX: Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 04:01 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on Variational at 126.241, sell on Bybit at 126.6: 0.284% before fees, 0.174% after taker fees.

OKB: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →	Bybit126.6	MEXC126.56	Gate126.53	Aster126.31	Variational126.241
Variational126.241	0.284%	0.253%	0.229%	0.055%	—
Aster126.31	0.230%	0.198%	0.174%	—	−0.055%
Gate126.53	0.055%	0.024%	—	−0.174%	−0.229%
MEXC126.56	0.032%	—	−0.024%	−0.198%	−0.253%
Bybit126.6	—	−0.032%	−0.055%	−0.230%	−0.284%

All quotes (5)

Venue	Bid	Ask	Quality	Age	Vol 24h	Flags
Aster	126.31	126.31	mark	2m	$3k	no FX
BybitCEX	126.6	126.6	mark	96s	$491k	no FX
GateCEX	126.53	126.53	mark	96s	$421k	no FX
MEXCCEX	126.56	126.56	mark	2m	$286k	no FX
Variational	126.241	126.241	mark	2m	$55k

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

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