# OPEN Funding Rates

As of 2026-10-04 07:01 UTC, OPEN perpetual funding averages 0.0175% per 8 hours (19.12% APR) across all 13 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: Toobit at 0.0273% per 4h (59.71% APR). Lowest: WEEX at 0.0050% per 4h (10.95% APR). Going long on WEEX and short on Toobit collects a gross spread of 0.0445% per 8 hours (48.76% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Toobit](https://arbtide.com/funding-rates/open/toobit) | [OPEN/USDT:USDT](https://www.toobit.com/en-US/futures/OPEN-SWAP-USDT) | 0.0273% | 4h | 59.71% | 2026-10-04 08:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/open/bitget) | [OPEN/USDT:USDT](https://www.bitget.com/futures/usdt/OPENUSDT) | 0.0137% | 4h | 30.00% | — |
| [Extended](https://arbtide.com/funding-rates/open/extended) | [OPEN/USDC:USDC](https://app.extended.exchange/perp/OPEN-USD) | 0.0013% | 1h | 11.39% | 2026-10-04 08:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/open/xt) | [OPEN/USDT:USDT](https://www.xt.com/en/futures/trade/open_usdt) | 0.0051% | 4h | 11.18% | 2026-10-04 08:00 UTC |
| [Binance](https://arbtide.com/funding-rates/open/binance) | [OPEN/USDT:USDT](https://www.binance.com/en/futures/OPENUSDT) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/open/bybit) | [OPEN/USDT:USDT](https://www.bybit.com/trade/usdt/OPENUSDT) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |
| [Gate](https://arbtide.com/funding-rates/open/gate) | [OPEN/USDT:USDT](https://www.gate.com/futures/USDT/OPEN_USDT) | 0.0100% | 8h | 10.95% | 2026-10-04 08:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/open/kucoin) | [OPEN/USDT:USDT](https://www.kucoin.com/trade/futures/OPENUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |
| [WhiteBIT](https://arbtide.com/funding-rates/open/whitebit) | [OPEN/USDT:USDT](https://whitebit.com/trade/OPEN-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |
| [LBank](https://arbtide.com/funding-rates/open/lbank) | [OPEN/USDT:USDT](https://www.lbank.com/futures/openusdt) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/open/weex) | [OPEN/USDT:USDT](https://www.weex.com/futures/OPEN-USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 07:01 UTC |
| [Aster](https://arbtide.com/funding-rates/open/aster) | [OPEN/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/OPENUSDT) | 0.0050% | 4h | 10.95% | — |
| [Kraken](https://arbtide.com/funding-rates/open/kraken) | [OPEN/USD:USD](https://pro.kraken.com/app/trade/futures-open-usd-perp) | -0.0159% | 1h | -139.10% | — |

## Frequently asked questions

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

Mostly yes. OPEN funding is positive on 12 of the 13 exchanges, which means longs are paying shorts on those venues.

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

Toobit at 0.0273% per 4h (59.71% APR). The lowest is WEEX at 0.0050% per 4h (10.95% APR).

### What is the OPEN funding arbitrage spread?

The gross spread is 0.0445% per 8 hours (48.76% APR): long OPEN on WEEX and short on Toobit. Trading fees, slippage and price basis reduce the net return.

### How often is OPEN funding paid?

OPEN funding is paid every 8 hours on Gate; every 4 hours on Toobit, Bitget, XT.COM, Binance, Bybit, KuCoin, WhiteBIT, LBank, WEEX, and Aster; every hour on Extended and Kraken. Rates on this page are also shown as APR so they can be compared directly.