# SIMO Funding Rate on OKX

As of 2026-10-05 01:08 UTC, the SIMO perpetual on OKX pays 0.0000% per 8h, 0.0000% per 8 hours (0.00% APR), so neither side pays. That is the 1st highest of 3 exchanges shown, against a volume-weighted average of 0.0000% per 8 hours (0.00% APR). Over the last 7 days OKX averaged 0.0000% per 8 hours (0.00% APR). The next funding is at 2026-10-05 08:00 UTC.

## 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% | 2026-10-05 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% | 2026-10-05 08:00 UTC |

## Frequently asked questions

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

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 OKX pay SIMO funding?

Every 8 hours. The next payment is at 2026-10-05 08:00 UTC.

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

OKX is the 1st 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 OKX?

Long SIMO on LBank and short on OKX 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.