# ON Funding Rates

As of 2026-10-03 19:17 UTC, ON perpetual funding averages 0.0099% per 8 hours (10.89% APR) across all 10 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: XT.COM at 0.0050% per 4h (10.97% APR). Lowest: Toobit at 0.0050% per 4h (10.95% APR). Going long on Toobit and short on XT.COM collects a gross spread of 0.0000% per 8 hours (0.02% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [XT.COM](https://arbtide.com/funding-rates/on/xt) | [ON/USDT:USDT](https://www.xt.com/en/futures/trade/on_usdt) | 0.0050% | 4h | 10.97% | 2026-10-03 20:00 UTC |
| [Binance](https://arbtide.com/funding-rates/on/binance) | [ON/USDT:USDT](https://www.binance.com/en/futures/ONUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [Gate](https://arbtide.com/funding-rates/on/gate) | [ON/USDT:USDT](https://www.gate.com/futures/USDT/ON_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/on/kucoin) | [ON/USDT:USDT](https://www.kucoin.com/trade/futures/ONUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/on/mexc) | [ON/USDT:USDT](https://www.mexc.com/futures/ON_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [BingX](https://arbtide.com/funding-rates/on/bingx) | [ON/USDT:USDT](https://bingx.com/en/perpetual/ON-USDT) | 0.0050% | 4h | 10.95% | — |
| [WEEX](https://arbtide.com/funding-rates/on/weex) | [ON/USDT:USDT](https://www.weex.com/futures/ON-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 19:17 UTC |
| [Toobit](https://arbtide.com/funding-rates/on/toobit) | [ON/USDT:USDT](https://www.toobit.com/en-US/futures/ON-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [Aster](https://arbtide.com/funding-rates/on/aster) | [ON/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/ONUSDT) | 0.0050% | 4h | 10.95% | — |
| [OKX](https://arbtide.com/funding-rates/on/okx) | [ON/USDT:USDT](https://www.okx.com/trade-swap/on-usdt-swap) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |

## Frequently asked questions

### Is the ON funding rate positive right now?

Mostly yes. ON funding is positive on 9 of the 10 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest ON funding rate?

XT.COM at 0.0050% per 4h (10.97% APR). The lowest is Toobit at 0.0050% per 4h (10.95% APR).

### What is the ON funding arbitrage spread?

The gross spread is 0.0000% per 8 hours (0.02% APR): long ON on Toobit and short on XT.COM. Trading fees, slippage and price basis reduce the net return.

### How often is ON funding paid?

ON funding is paid every 8 hours on OKX; every 4 hours on XT.COM, Binance, Gate, KuCoin, MEXC, BingX, WEEX, Toobit, and Aster. Rates on this page are also shown as APR so they can be compared directly.