# OTC Funding Rate on BingX

As of 2026-10-04 17:29 UTC, the OTC perpetual on BingX pays -0.0093% per 4h, -0.0186% per 8 hours (-20.37% APR), so shorts pay longs. That is the 1st highest of 2 exchanges shown, against a volume-weighted average of -0.0201% per 8 hours (-21.97% APR). Over the last 7 days BingX averaged 0.0131% per 8 hours (14.29% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [BingX](https://arbtide.com/funding-rates/otc/bingx) | [OTC/USDT:USDT](https://bingx.com/en/perpetual/OTC-USDT) | -0.0093% | 4h | -20.37% | — |
| [MEXC](https://arbtide.com/funding-rates/otc/mexc) | [OTC/USDT:USDT](https://www.mexc.com/futures/OTC_USDT) | -0.0133% | 4h | -29.13% | 2026-10-04 20:00 UTC |

## Frequently asked questions

### What is the OTC funding rate on BingX?

-0.0093% per 4h, or -0.0186% per 8 hours (-20.37% APR), so shorts pay longs. The 7-day average is 0.0131% per 8 hours (14.29% APR).

### How often does BingX pay OTC funding?

Every 4 hours.

### Is OTC funding on BingX higher than on other exchanges?

BingX is the 1st highest of 2 exchanges shown. The highest is BingX at -0.0093% per 4h (-20.37% APR) and the lowest is MEXC at -0.0133% per 4h (-29.13% APR).

### How do you arbitrage OTC funding with BingX?

Long OTC on MEXC and short on BingX for a gross spread of 0.0080% per 8 hours (8.76% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.