API3 Funding Rate & Schedule
API3 perpetual futures funding rate on 5 exchanges: OKX, BingX, Binance, MEXC, Bybit. Each exchange's next rate, how often it is collected, the next collection time, the 8-hour equivalent and 24h volume are below. Data as of 2026-10-18 16:01 UTC, from the exchanges' public endpoints.
- • Cheapest for longs: OKX (8h equivalent −0.0011%).
- • Best for shorts: Bybit (8h equivalent +0.0100%).
- • Cross-exchange spread: 0.0111% per 8h.
- • Next collection: OKX at 20:00 UTC (−0.0006%, shorts pay longs).
- • Collection intervals: every 4h.
Where API3 stands
- • API3 ranks #232 by 24h volume among 922 pairs listed on at least two exchanges.
- • Average 8h equivalent across exchanges is +0.0038% (longs pay) — #374 of 922 from the highest.
- • Cross-exchange spread is 0.0111% (8h), #397 by spread — a wider spread means more arbitrage room.
API3 — funding by exchange
| Exchange | Next rate | Who pays | Interval | Next collection | 8h equiv. | Annual | 24h volume | |
|---|---|---|---|---|---|---|---|---|
| OKX | −0.0006% | ▼ shorts pay | every 4h | 20:00 UTC | −0.0011% | −1.2% | $452K | |
| BingX | −0.0003% | ▼ shorts pay | every 4h |
Frequently asked questions
What is the API3 funding rate?
A periodic payment between long and short holders of the API3 perpetual contract. If the rate is positive, longs pay shorts; if negative, shorts pay longs. It keeps the perpetual price close to spot.
How often is API3 funding collected?
It depends on the exchange: OKX 4h, BingX 4h, Binance 4h, MEXC 4h, Bybit 4h. Use the "8h equivalent" column to compare different intervals.
Which exchange has the lowest API3 funding?
At the last refresh the lowest 8h equivalent for longs was OKX (−0.0011%) and the highest for shorts Bybit (+0.0100%). Rates change during the period and are fixed at collection.
How is API3 funding calculated?
Payment = position size × funding rate. A 10,000 USDT API3 long at 0.01% pays 1 USDT at collection. Leverage doesn't change the payment; position size does. Highest 24h volume is on BingX ($6.7M).