# OTC Funding Rates

As of 2026-10-03 11:31 UTC, OTC perpetual funding averages 0.0400% per 8 hours (43.80% APR) across all 2 exchanges that list it, weighted by 24h volume (median 0.0340%). Highest: MEXC at 0.0200% per 4h (43.80% APR). Lowest: BingX at 0.0140% per 4h (30.66% APR). Going long on BingX and short on MEXC collects a gross spread of 0.0120% per 8 hours (13.14% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [MEXC](https://arbtide.com/funding-rates/otc/mexc) | [OTC/USDT:USDT](https://www.mexc.com/futures/OTC_USDT) | 0.0200% | 4h | 43.80% | 2026-10-03 12:00 UTC |
| [BingX](https://arbtide.com/funding-rates/otc/bingx) | [OTC/USDT:USDT](https://bingx.com/en/perpetual/OTC-USDT) | 0.0140% | 4h | 30.66% | — |

## Frequently asked questions

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

Yes. OTC funding is positive on 2 of the 2 exchanges, which means longs are paying shorts on those venues.

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

MEXC at 0.0200% per 4h (43.80% APR). The lowest is BingX at 0.0140% per 4h (30.66% APR).

### What is the OTC funding arbitrage spread?

The gross spread is 0.0120% per 8 hours (13.14% APR): long OTC on BingX and short on MEXC. Trading fees, slippage and price basis reduce the net return.

### How often is OTC funding paid?

OTC funding is paid every 4 hours on MEXC and BingX. Rates on this page are also shown as APR so they can be compared directly.