# USO Funding Rate on LBank

As of 2026-10-07 07:00 UTC, the USO perpetual on LBank pays -0.0792% per 8h, -0.0792% per 8 hours (-86.75% APR), so shorts pay longs. That is the 2nd highest of 4 exchanges shown, against a volume-weighted average of -0.0819% per 8 hours (-89.72% APR). Over the last 7 days LBank averaged -0.0417% per 8 hours (-45.70% APR). The next funding is at 2026-10-07 08:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [MEXC](https://arbtide.com/funding-rates/uso/mexc) | [USO/USDT:USDT](https://www.mexc.com/futures/USO_USDT) | -0.0791% | 8h | -86.61% | 2026-10-07 08:00 UTC |
| [LBank](https://arbtide.com/funding-rates/uso/lbank) | [USO/USDT:USDT](https://www.lbank.com/futures/usousdt) | -0.0792% | 8h | -86.75% | 2026-10-07 08:00 UTC |
| [OKX](https://arbtide.com/funding-rates/uso/okx) | [USO/USDT:USDT](https://www.okx.com/trade-swap/uso-usdt-swap) | -0.0792% | 8h | -86.75% | 2026-10-07 08:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/uso/weex) | [USO/USDT:USDT](https://www.weex.com/futures/USO-USDT) | -0.1325% | 8h | -145.07% | 2026-10-07 07:00 UTC |

## Frequently asked questions

### What is the USO funding rate on LBank?

-0.0792% per 8h, or -0.0792% per 8 hours (-86.75% APR), so shorts pay longs. The 7-day average is -0.0417% per 8 hours (-45.70% APR).

### How often does LBank pay USO funding?

Every 8 hours. The next payment is at 2026-10-07 08:00 UTC.

### Is USO funding on LBank higher than on other exchanges?

LBank is the 2nd highest of 4 exchanges shown. The highest is MEXC at -0.0791% per 8h (-86.61% APR) and the lowest is LBank at -0.0792% per 8h (-86.75% APR).

### How do you arbitrage USO funding with LBank?

Long USO on LBank and short on MEXC for a gross spread of 0.0001% per 8 hours (0.14% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.
