# SIMO Funding Rate on Bitget

As of 2026-10-03 08:04 UTC, the SIMO perpetual on Bitget pays 0.0000% per 8h, 0.0000% per 8 hours (0.00% APR), so neither side pays. That is the 2nd highest of 3 exchanges shown, against a volume-weighted average of 0.0000% per 8 hours (0.00% APR). Over the last 7 days Bitget averaged 0.0000% per 8 hours (0.00% APR).

## Funding on every 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 16:00 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

### What is the SIMO funding rate on Bitget?

0.0000% per 8h, or 0.0000% per 8 hours (0.00% APR), so neither side pays. The 7-day average is 0.0000% per 8 hours (0.00% APR).

### How often does Bitget pay SIMO funding?

Every 8 hours.

### Is SIMO funding on Bitget higher than on other exchanges?

Bitget is the 2nd highest of 3 exchanges shown. The highest is OKX at 0.0000% per 8h (0.00% APR) and the lowest is LBank at 0.0000% per 8h (0.00% APR).

### How do you arbitrage SIMO funding with Bitget?

Long SIMO on LBank and short on Bitget for a gross spread of 0.0000% per 8 hours (0.00% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.