Exchange Funding Snapshot

API3 Funding Rate on OKX

Live API3 funding rate, annualized APR, model-adjusted apr, and Mirage context for OKX.

API3 funding on OKX is positive, but model-adjusted APR remains lower than the advertised annualized APR.

Funding rate
0.0050%
Current periodic funding signal.
Advertised APR
1095.0%
Annualized from current funding conditions.
Model-Adjusted APR
881.0%
Model-derived annualized estimate based on current funding conditions.
Mirage
19.5%
Aging snapshot
Annualized from current funding conditions. Actual realized returns may be materially lower, and Mirage shows how much headline yield may fail to survive execution reality.
Current snapshot is aging. Treat these values as reference context, not a live execution signal.
Interpretation

Mirage is present but more contained, meaning a larger share of headline annualized funding currently survives reality.

Headline annualized funding can look strong while model-adjusted apr remains much lower. Mirage measures how much of that signal may fail to survive execution conditions.

Metric breakdown

Validation status for this public metric. Supported means stronger observed coverage. Calibration and exploratory indicate thinner empirical depth.

Funding interval
4h
Validation status
supported
Validation status for this public metric.
Survivability
86%
Half-life
1.5d
Why yield degrades
Fees and basis drag compress the raw funding headline.
Yield decays as crowded trades absorb the signal.
Execution friction can keep attractive APR from being deployable.
Mirage shows the share of headline yield that fails to survive reality.
Freshness & disclaimer
Last updated Jun 13, 2026, 6:25 AM UTC.
Model-Adjusted APR is a model-derived annualized public estimate. It is useful for current context, not a guaranteed execution outcome.
supported
Exchange Comparison

Compare API3 funding rates across other exchanges:

Frequently Asked Questions

API3 Funding on OKX FAQ

What is the current API3 funding rate on OKX?

The current API3 perpetual funding rate on OKX is 0.0050% per 4-hour interval, which annualizes to 1095.0% APR under current market conditions.

When is the next API3 funding payment on OKX?

OKX settles API3 perpetual funding every 4 hours. Payments occur at fixed UTC times, typically 00:00, 08:00, and 16:00 UTC for 8-hour intervals.

What is the model-adjusted API3 funding APR on OKX?

After applying model adjustments for execution costs, decay, and crowding, the API3 model-adjusted APR on OKX is approximately 881.0%. The Mirage component (19.5%) represents yield that may not survive real trading conditions.

How does API3 funding on OKX compare to other exchanges?

Current API3 funding comparison: Bybit: 1095.0% advertised, 1072.3% adjusted; Binance: 547.5% advertised, 273.8% adjusted. OKX offers 1095.0% advertised and 881.0% model-adjusted APR.

How reliable is the API3 funding data on OKX?

The API3 funding metrics on OKX have strong empirical coverage. Supported status indicates stronger observed data, while calibration and exploratory indicate thinner empirical validation.

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API3 Funding Rate OKX — 0.0050% per 4h | FYOS | Funding Yield OS