This data is no longer updating. Last observed 9 days ago, on 2026-09-16. Usually this means the exchange delisted the contract: the numbers below are a snapshot from that moment, not the current market.
← radarOP — funding rate on OKX
OKX · OP-USDT-SWAP-0.002%per 8h · -0.000%/hlongs receive
last settlement+0.010%→upcoming payout-0.002%• unchanged
nowsettlement
0calmheat
Price (mark)
0.09132
-9.5% 24h
Vol 24h
$14.5M
Open interest
$3.7M
Price move in 2 min
—
avg 7d
—
avg 30d
0.000%/h
Price and skew
Liquidations
24h$46K
$6K longs$40K shorts
Shorts were wiped — 87% of the total. $4K over the last hour.
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (8h)
- $0.04 · $0.01/hour
- Net snipe per settlement
- $-3.96 = 0.002% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.01×needs 0.160%+ per settlement
- Liquidation price
- 0.073513 (−19.50% from price)
- Risk at this leverage
- no volatility data
- Max “green” leverage
- —
Funding goes to whoever holds the position at the cut-off. MMR in the liquidation formula is +0.50%; verify the price on the exchange before trading.
Context and comparison
Funding history · 244 settlements
OP on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Hyperliquid | +0.001% / 1h | +0.001%/h | shorts | -0.159% |
| Bybit | +0.010% / 8h | +0.001%/h | shorts | -0.150% |
| Bitget | +0.010% / 8h | +0.001%/h | shorts | -0.150% |
| Binance | +0.007% / 8h | +0.001%/h | shorts | -0.153% |
Hyperliquid+0.001%/h
shortsrate +0.001% / 1hsnipe -0.159%
Bybit+0.001%/h
shortsrate +0.010% / 8hsnipe -0.150%
Bitget+0.001%/h
shortsrate +0.010% / 8hsnipe -0.150%
Binance+0.001%/h
shortsrate +0.007% / 8hsnipe -0.153%
Max spread across exchanges: 0.000%/h
OP across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
4 exchanges on one timeline
Hyperliquidevery 1hBybitevery 8hBitgetevery 8hBinanceevery 8hrate corridor between exchanges
exchanges settle at different frequencies — an 8-hour step is bound to «lag» a 1-hour one, that's its grid, not a slower market
spread typically
0.0001%/h
widest spread
0.0071%/h
22.09 11:00 UTC · Bybit ↔ Hyperliquid
the spread is the hedge's rate before fees: that's what an hour of the pair-trade yields
How to read this
- Snipe: enter long before the cut-off, exit after settlement. Funding goes to whoever holds the position at the cut-off. The net capture in the calculator is already net of fees and slippage — and it does not include price moving against you in the settlement window (see volatility above).
- Hedged: a long here + an opposite position of the same size on another exchange or spot — funding capture without price risk, but four legs of fees.
- Extreme funding is a crowd story: price often runs into the cut-off and reverses after. This is data for a decision, not a recommendation.