USO funding rates and arbitrage
Updated 2026-10-29 17:45 UTC
Best USO arbitrage after every cost
No USO 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.
USO funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| ApeX | USO-USDT | 0.0013% | 1 h | +10.9% | +11.0% | $125.7K | 2026-10-29 18:00 |
| Lighter RH | USO | 0.0004% | 1 h | +3.5% | +3.4% | $732.7K | 2026-10-29 18:00 |
| Arcus | USO-USD | -0.0017% | 1 h | −14.9% | −17.4% | $855.2K | 2026-10-29 18:00 |
| BingX | NCSKUSO2USD-USDT | -0.0887% | 8 h | −97.1% | −29.1% | $958.7K | 2026-10-30 00:00 |
| LBank | USOUSDT | -0.0930% | 8 h | −101.9% | — | — | 2026-10-30 00:00 |
| OKX | USO-USDT-SWAP | -0.0930% | 8 h | −101.9% | −30.4% | $270.2K | 2026-10-30 00:00 |
| MEXC | USO_USDT | -0.0932% | 8 h | −102.1% | −30.2% | $589.6K | 2026-10-30 00:00 |
Cost to enter $10,000 of USO
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Lighter RH | USO | 6.4 bp | order-book snapshot, 44 min old |
| ApeX | USO-USDT | 8.0 bp * | order-book snapshot, 6 min old |
| MEXC | USO_USDT | 10.1 bp | top of book only |
| OKX | USO-USDT-SWAP | 11.3 bp * | top of book only |
| BingX | NCSKUSO2USD-USDT | 11.6 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
Questions
Is USO funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no USO 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 USO funding rate?
ApeX at +10.9% a year (0.0013% every 1 h); the lowest is MEXC at −102.1%. 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.