# US500 Funding Rates

As of 2026-10-03 20:29 UTC, US500 perpetual funding averages 0.0032% per 8 hours (3.54% APR) across all 3 exchanges that list it, weighted by 24h volume (median 0.0032%). Highest: Paradex at 0.0050% per 8h (5.47% APR). Lowest: OKX at 0.0000% per 8h (0.00% APR). Going long on OKX and short on Paradex collects a gross spread of 0.0050% per 8 hours (5.47% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Paradex](https://arbtide.com/funding-rates/us500/paradex) | [US500/USD:USDC](https://app.paradex.trade/trade/US500-USD-PERP) | 0.0050% | 8h | 5.47% | — |
| [Lighter](https://arbtide.com/funding-rates/us500/lighter) | [US500/USDC:USDC](https://app.lighter.xyz/trade/US500) | 0.0032% | 8h | 3.50% | — |
| [OKX](https://arbtide.com/funding-rates/us500/okx) | [US500/USDT:USDT](https://www.okx.com/trade-swap/us500-usdt-swap) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |

## Frequently asked questions

### Is the US500 funding rate positive right now?

Mostly yes. US500 funding is positive on 2 of the 3 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest US500 funding rate?

Paradex at 0.0050% per 8h (5.47% APR). The lowest is OKX at 0.0000% per 8h (0.00% APR).

### What is the US500 funding arbitrage spread?

The gross spread is 0.0050% per 8 hours (5.47% APR): long US500 on OKX and short on Paradex. Trading fees, slippage and price basis reduce the net return.

### How often is US500 funding paid?

US500 funding is paid every 8 hours on Paradex, Lighter, and OKX. Rates on this page are also shown as APR so they can be compared directly.