# OPEN Funding Rate History: 7-Day Chart and Averages

Since 2026-10-02 13:00 UTC, OPEN funding averaged 0.0072% per 8 hours across all 13 exchanges that list it, with hourly averages ranging from -0.0039% to 0.0295%. The highest average was on Toobit at 0.0208% per 8 hours and the lowest on Kraken at -0.0533% per 8 hours.

## Average by exchange

| Exchange | Market | Now, per 8h | 24h average | 7-day average |
| --- | --- | --- | --- | --- |
| [Kraken](https://arbtide.com/funding-rates/open/kraken) | [OPEN/USD:USD](https://pro.kraken.com/app/trade/futures-open-usd-perp) | 0.0262% | -0.0819% | -0.0533% |
| [Extended](https://arbtide.com/funding-rates/open/extended) | [OPEN/USDC:USDC](https://app.extended.exchange/perp/OPEN-USD) | 0.0104% | 0.0104% | 0.0104% |
| [XT.COM](https://arbtide.com/funding-rates/open/xt) | [OPEN/USDT:USDT](https://www.xt.com/en/futures/trade/open_usdt) | 0.0101% | 0.0101% | 0.0102% |
| [Binance](https://arbtide.com/funding-rates/open/binance) | [OPEN/USDT:USDT](https://www.binance.com/en/futures/OPENUSDT) | 0.0100% | 0.0100% | 0.0100% |
| [Bybit](https://arbtide.com/funding-rates/open/bybit) | [OPEN/USDT:USDT](https://www.bybit.com/trade/usdt/OPENUSDT) | 0.0100% | 0.0100% | 0.0154% |
| [Bitget](https://arbtide.com/funding-rates/open/bitget) | [OPEN/USDT:USDT](https://www.bitget.com/futures/usdt/OPENUSDT) | 0.0100% | 0.0158% | 0.0182% |
| [Gate](https://arbtide.com/funding-rates/open/gate) | [OPEN/USDT:USDT](https://www.gate.com/futures/USDT/OPEN_USDT) | 0.0100% | 0.0100% | 0.0099% |
| [KuCoin](https://arbtide.com/funding-rates/open/kucoin) | [OPEN/USDT:USDT](https://www.kucoin.com/trade/futures/OPENUSDTM) | 0.0100% | 0.0100% | 0.0100% |
| [WhiteBIT](https://arbtide.com/funding-rates/open/whitebit) | [OPEN/USDT:USDT](https://whitebit.com/trade/OPEN-PERP?type=futures) | 0.0100% | 0.0100% | 0.0100% |
| [LBank](https://arbtide.com/funding-rates/open/lbank) | [OPEN/USDT:USDT](https://www.lbank.com/futures/openusdt) | 0.0100% | 0.0100% | 0.0100% |
| [WEEX](https://arbtide.com/funding-rates/open/weex) | [OPEN/USDT:USDT](https://www.weex.com/futures/OPEN-USDT) | 0.0100% | 0.0100% | 0.0100% |
| [Toobit](https://arbtide.com/funding-rates/open/toobit) | [OPEN/USDT:USDT](https://www.toobit.com/en-US/futures/OPEN-SWAP-USDT) | 0.0100% | 0.0207% | 0.0208% |
| [Aster](https://arbtide.com/funding-rates/open/aster) | [OPEN/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/OPENUSDT) | 0.0100% | 0.0100% | 0.0123% |

## Daily average by exchange, per 8 hours

| Exchange | Oct 5 | Oct 4 | Oct 3 | Oct 2 |
| --- | --- | --- | --- | --- |
| Kraken | -0.0866% | -0.0923% | -0.0171% | 0.0193% |
| Extended | 0.0104% | 0.0104% | 0.0104% | 0.0104% |
| XT.COM | 0.0101% | 0.0102% | 0.0102% | 0.0102% |
| Binance | 0.0100% | 0.0100% | 0.0100% | 0.0100% |
| Bybit | 0.0100% | 0.0092% | 0.0291% | 0.0101% |
| Bitget | 0.0125% | 0.0252% | 0.0203% | 0.0100% |
| Gate | 0.0100% | 0.0098% | 0.0100% | 0.0100% |
| KuCoin | 0.0100% | 0.0100% | 0.0100% | 0.0100% |
| WhiteBIT | 0.0100% | 0.0100% | 0.0100% | 0.0100% |
| LBank | 0.0100% | 0.0100% | 0.0100% | 0.0100% |
| WEEX | 0.0100% | 0.0100% | 0.0100% | 0.0100% |
| Toobit | 0.0186% | 0.0350% | 0.0135% | 0.0100% |
| Aster | 0.0100% | 0.0100% | 0.0179% | 0.0100% |

## Daily averages

| Date (UTC) | Average per 8h | Lowest hour | Highest hour |
| --- | --- | --- | --- |
| 2026-10-05 | 0.0035% | -0.0007% | 0.0113% |
| 2026-10-04 | 0.0052% | -0.0039% | 0.0169% |
| 2026-10-03 | 0.0111% | -0.0029% | 0.0295% |
| 2026-10-02 | 0.0108% | 0.0083% | 0.0126% |

## Frequently asked questions

### What is the average OPEN funding rate today?

On 2026-10-05, OPEN funding averaged 0.0035% per 8 hours across exchanges, between -0.0007% and 0.0113% hourly.

### Which exchange paid the highest OPEN funding over the last 7 days?

Toobit, with an average of 0.0208% per 8 hours.

### How is funding rate history calculated?

ArbTide stores every exchange funding rate every 5 minutes, then averages it per hour and across exchanges. Every value is converted to an 8-hour rate, the interval most exchanges use, so hourly and 8-hour venues compare directly.