KSM funding rate

Binance

+0.0085%

Annualized
+9.33%
7d avg (annual)
+2.47%
Next settlement
· 8h
Paid by longs over 30 days
+0.250%
Mark price
5.1250
Contract
KSMUSDT

OKX

-0.0070%

Annualized
-15.30%
7d avg (annual)
-9.37%
Next settlement
· 4h
Paid by longs over 30 days
-0.611%
Mark price
5.1250
Contract
KSM-USDT-SWAP

Funding rate history (annualized, 30 days)

+11%-31%-72%Sep 2Sep 17Oct 2
BinanceOKX

KSM funding rate statistics, last 30 days

ExchangeSettlementsAverage (ann.)Highest (ann.)Lowest (ann.)Positive sharePaid by longs over 30 days
Binance90+3.0%+11.0% Sep 2, 2026-94.4% Sep 18, 202686%+0.250%
OKX101-13.2%+11.0% Sep 17, 2026-312.5% Sep 17, 202648%-0.611%

What the KSM funding rate means now

The KSM perpetual on Binance currently pays +0.0085% every 8 hours, about +9.3% annualized. The rate is positive, so longs pay shorts at each settlement. Over the past 7 days the settled rate averaged +2.5% annualized.

On OKX the KSM perpetual pays -0.0070% every 4 hours, about -15.3% annualized. The 7-day average is -9.4%.

The current annualized gap between the two exchanges is 24.6%. Treat it as a reference only: arbitrage returns are reduced by fees and slippage, and rates and liquidation risk change every period.

You only pay or receive funding if you hold a position at the settlement time. Rates update every few minutes; check the exchange before trading.