SOON funding rate

Binance

+0.0056%

Annualized
+12.30%
7d avg (annual)
+61.12%
Next settlement
· 4h
Paid by longs over 30 days
+3.071%
Mark price
0.39119
Contract
SOONUSDT

OKX

+0.0094%

Annualized
+20.52%
7d avg (annual)
+57.59%
Next settlement
· 4h
Paid by longs over 30 days
+1.598%
Mark price
0.3911
Contract
SOON-USDT-SWAP

Funding rate history (annualized, 30 days)

+119%+59%0%Sep 2Sep 17Oct 2
BinanceOKX

SOON funding rate statistics, last 30 days

ExchangeSettlementsAverage (ann.)Highest (ann.)Lowest (ann.)Positive sharePaid by longs over 30 days
Binance180+37.4%+157.1% Sep 30, 2026+11.0% Sep 2, 2026100%+3.071%
OKX101+34.7%+118.7% Sep 27, 2026+11.0% Sep 15, 2026100%+1.598%

What the SOON funding rate means now

The SOON perpetual on Binance currently pays +0.0056% every 4 hours, about +12.3% annualized. The rate is positive, so longs pay shorts at each settlement. Over the past 7 days the settled rate averaged +61.1% annualized.

On OKX the SOON perpetual pays +0.0094% every 4 hours, about +20.5% annualized. The 7-day average is +57.6%.

The current annualized gap between the two exchanges is 8.2%. 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.

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