OP funding rate
Binance
+0.0100%
- Annualized
- +10.95%
- 7d avg (annual)
- +7.39%
- Next settlement
- · 8h
- Paid by longs over 30 days
- +0.424%
- Mark price
- 0.13279
- Contract
- OPUSDT
OKX
-0.0182%
- Annualized
- -19.91%
- 7d avg (annual)
- +6.72%
- Next settlement
- · 8h
- Paid by longs over 30 days
- +0.426%
- Mark price
- 0.13275
- Contract
- OP-USDT-SWAP
Funding rate history (annualized, 30 days)
OP funding rate statistics, last 30 days
| Exchange | Settlements | Average (ann.) | Highest (ann.) | Lowest (ann.) | Positive share | Paid by longs over 30 days |
|---|---|---|---|---|---|---|
| Binance | 90 | +5.2% | +11.0% Sep 2, 2026 | -24.8% Sep 14, 2026 | 73% | +0.424% |
| OKX | 90 | +5.2% | +11.0% Sep 2, 2026 | -21.9% Sep 14, 2026 | 74% | +0.426% |
What the OP funding rate means now
The OP perpetual on Binance currently pays +0.0100% every 8 hours, about +11.0% annualized. The rate is positive, so longs pay shorts at each settlement. Over the past 7 days the settled rate averaged +7.4% annualized.
On OKX the OP perpetual pays -0.0182% every 8 hours, about -19.9% annualized. The 7-day average is +6.7%.
The current annualized gap between the two exchanges is 30.9%. 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.
OP on Binance and OKX →Liquidation price calculator →Funding rates: Binance vs OKX →