O funding rates and arbitrage
Updated 2026-10-30 05:06 UTC
Best O arbitrage after every cost
No O pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
O funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Bitunix | OUSDT | 0.0372% | 4 h | +81.5% | +22.5% | — | 2026-10-30 08:00 |
| BingX | O-USDT | 0.0278% | 4 h | +60.9% | +29.4% | $717.6K | 2026-10-30 08:00 |
| Binance | OUSDT | 0.0264% | 4 h | +57.8% | +23.3% | $3.9M | 2026-10-30 08:00 |
| Aster | OUSDT | 0.0243% | 4 h | +53.3% | +18.6% | $17.1K | 2026-10-30 08:00 |
| OKX | O-USDT-SWAP | 0.0116% | 4 h | +25.4% | +21.3% | $1.1M | 2026-10-30 08:00 |
| MEXC | O_USDT | 0.0115% | 4 h | +25.2% | +21.3% | $174.7K | 2026-10-30 08:00 |
| BloFin | O-USDT | 0.0072% | 4 h | +15.8% | +12.3% | $179.4K | 2026-10-30 08:00 |
| KuCoin | OUSDTM | 0.0053% | 4 h | +11.6% | +1.6% | $647.1K | 2026-10-30 08:00 |
| Bitget | OUSDT | 0.0050% | 4 h | +10.9% | +11.6% | $1.1M | 2026-10-30 08:00 |
| Variational | O-PERP | 0.0050% | 4 h | +10.9% | — | $96 | 2026-10-30 08:00 |
| Bybit | OUSDT | 0.0050% | 4 h | +10.9% | +12.7% | $391K | 2026-10-30 08:00 |
| Gate | O_USDT | 0.0050% | 4 h | +10.9% | +16.0% | $668.4K | 2026-10-30 08:00 |
Borrow O to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 1.16% | — |
| Gate | 24.52% | $30K |
Cost to enter $10,000 of O
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | O_USDT | 7.6 bp | top of book only |
| Binance | OUSDT | 8.6 bp | top of book only |
| OKX | O-USDT-SWAP | 8.6 bp | top of book only |
| BingX | O-USDT | 9.8 bp | top of book only |
| Gate | O_USDT | 9.9 bp | top of book only |
| BloFin | O-USDT | 14.4 bp | top of book only |
| Variational | O-PERP | 15.7 bp | top of book only |
| Bybit | OUSDT | 16.3 bp | top of book only |
| Bitget | OUSDT | 19.3 bp | top of book only |
| KuCoin | OUSDTM | 20.5 bp | top of book only |
| Gate | O_USDT (spot) | 25.6 bp | top of book only |
| Aster | OUSDT | 26.9 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on O
Questions
Is O funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no O pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest O funding rate?
Bitunix at +81.5% a year (0.0372% every 4 h); the lowest is Gate at +10.9%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.