PEOPLE funding rate

Binance

+0.0100%

Annualized
+10.95%
7d avg (annual)
+9.18%
Next settlement
· 8h
Paid by longs over 30 days
+0.700%
Mark price
0.0095954
Contract
PEOPLEUSDT

OKX

+0.0100%

Annualized
+10.95%
7d avg (annual)
+10.00%
Next settlement
· 8h
Paid by longs over 30 days
+0.697%
Mark price
0.009601
Contract
PEOPLE-USDT-SWAP

Funding rate history (annualized, 30 days)

+11%+0%-11%Sep 2Sep 17Oct 2
BinanceOKX

PEOPLE funding rate statistics, last 30 days

ExchangeSettlementsAverage (ann.)Highest (ann.)Lowest (ann.)Positive sharePaid by longs over 30 days
Binance90+8.5%+11.0% Sep 2, 2026-23.1% Sep 14, 202690%+0.700%
OKX90+8.5%+11.0% Sep 2, 2026-21.9% Sep 10, 202691%+0.697%

What the PEOPLE funding rate means now

The PEOPLE 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 +9.2% annualized.

On OKX the PEOPLE perpetual pays +0.0100% every 8 hours, about +11.0% annualized. The 7-day average is +10.0%.

The current annualized gap between the two exchanges is 0.0%. 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.