USDC funding rate
Binance
+0.0046%
- Annualized
- +5.01%
- 7d avg (annual)
- +1.17%
- Next settlement
- · 8h
- Paid by longs over 30 days
- +0.017%
- Mark price
- 0.99965
- Contract
- USDCUSDT
OKX
0.0000%
- Annualized
- 0.00%
- 7d avg (annual)
- 0.00%
- Next settlement
- · 8h
- Paid by longs over 30 days
- —
- Mark price
- 1.0001
- Contract
- USDC-USDT-SWAP
Funding rate history (annualized, 30 days)
USDC funding rate statistics, last 30 days
| Exchange | Settlements | Average (ann.) | Highest (ann.) | Lowest (ann.) | Positive share | Paid by longs over 30 days |
|---|---|---|---|---|---|---|
| Binance | 90 | +0.2% | +11.0% Sep 5, 2026 | -15.8% Sep 22, 2026 | 47% | +0.017% |
| OKX | 90 | 0.0% | 0.0% Sep 2, 2026 | 0.0% Sep 2, 2026 | 0% | 0.000% |
What the USDC funding rate means now
The USDC perpetual on Binance currently pays +0.0046% every 8 hours, about +5.0% annualized. The rate is positive, so longs pay shorts at each settlement. Over the past 7 days the settled rate averaged +1.2% annualized.
On OKX the USDC perpetual pays 0.0000% every 8 hours, about 0.0% annualized. The 7-day average is 0.0%.
The current annualized gap between the two exchanges is 5.0%. 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.
USDC on Binance and OKX →Liquidation price calculator →Funding rates: Binance vs OKX →