# SIMO Funding Rates

As of 2026-10-03 01:46 UTC, SIMO perpetual funding averages 0.0000% per 8 hours (0.00% APR) across all 3 exchanges that list it, weighted by 24h volume (median 0.0000%). Highest: OKX at 0.0000% per 8h (0.00% APR). Lowest: LBank at 0.0000% per 8h (0.00% APR). Going long on LBank and short on OKX collects a gross spread of 0.0000% per 8 hours (0.00% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [OKX](https://arbtide.com/funding-rates/simo/okx) | [SIMO/USDT:USDT](https://www.okx.com/trade-swap/simo-usdt-swap) | 0.0000% | 8h | 0.00% | 2026-10-03 08:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/simo/bitget) | [SIMO/USDT:USDT](https://www.bitget.com/futures/usdt/SIMOUSDT) | 0.0000% | 8h | 0.00% | — |
| [LBank](https://arbtide.com/funding-rates/simo/lbank) | [SIMO/USDT:USDT](https://www.lbank.com/futures/simousdt) | 0.0000% | 8h | 0.00% | 2026-10-03 08:00 UTC |

## Frequently asked questions

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

No. SIMO funding is positive on 0 of the 3 exchanges, which means longs are paying shorts on those venues.

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

OKX at 0.0000% per 8h (0.00% APR). The lowest is LBank at 0.0000% per 8h (0.00% APR).

### What is the SIMO funding arbitrage spread?

The gross spread is 0.0000% per 8 hours (0.00% APR): long SIMO on LBank and short on OKX. Trading fees, slippage and price basis reduce the net return.

### How often is SIMO funding paid?

SIMO funding is paid every 8 hours on OKX, Bitget, and LBank. Rates on this page are also shown as APR so they can be compared directly.