Exchange Funding Snapshot

OPG Funding Rate on OKX

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

OPG funding on OKX looks elevated on the surface, but much of that annualized signal does not survive reality.

Funding rate
0.2228%
Current periodic funding signal.
Advertised APR
48787.0%
Annualized from current funding conditions.
Model-Adjusted APR
12108.9%
Model-derived annualized estimate based on current funding conditions.
Mirage
75.2%
Fresh 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.
Interpretation

Mirage is elevated, meaning a large share of headline annualized funding may fail to survive execution conditions.

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
27%
Half-life
0.2d
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 Apr 23, 2026, 2:48 PM 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 OPG funding rates across other exchanges:

Frequently Asked Questions

OPG Funding on OKX FAQ

What is the current OPG funding rate on OKX?

The current OPG perpetual funding rate on OKX is 0.2228% per 4-hour interval, which annualizes to 48787.0% APR under current market conditions.

When is the next OPG funding payment on OKX?

OKX settles OPG 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 survivable OPG funding APR on OKX?

After applying model adjustments for execution costs, decay, and crowding, the OPG survivable APR on OKX is approximately 12108.9%. The Mirage component (75.2%) represents yield that may not survive real trading conditions.

How does OPG funding on OKX compare to other exchanges?

Current OPG funding comparison: Bybit: 21594.3% advertised, 10797.1% adjusted; Binance: 1240.7% advertised, 427.4% adjusted. OKX offers 48787.0% advertised and 12108.9% model-adjusted APR.

How reliable is the OPG funding data on OKX?

The OPG 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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OPG Funding Rate OKX — 0.2228% (48787.0% APR) | FYOS | Funding Yield OS