Exchange Funding Snapshot

SOON Funding Rate on OKX

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

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

Funding rate
0.0218%
Current periodic funding signal.
Advertised APR
4764.0%
Annualized from current funding conditions.
Model-Adjusted APR
2382.0%
Model-derived annualized estimate based on current funding conditions.
Mirage
50.0%
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 material, so model-adjusted APR remains notably below the advertised annualized funding signal.

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
Insufficient validated coverage
Not shown publicly until validation coverage improves.
Half-life
Insufficient validated coverage
Not shown publicly until validation coverage improves.
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

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Frequently Asked Questions

SOON Funding on OKX FAQ

What is the current SOON funding rate on OKX?

The current SOON perpetual funding rate on OKX is 0.0218% per 4-hour interval, which annualizes to 4764.0% APR under current market conditions.

When is the next SOON funding payment on OKX?

OKX settles SOON 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 SOON funding APR on OKX?

After applying model adjustments for execution costs, decay, and crowding, the SOON model-adjusted APR on OKX is approximately 2382.0%. The Mirage component (50.0%) represents yield that may not survive real trading conditions.

How does SOON funding on OKX compare to other exchanges?

Current SOON funding comparison: Binance: 1950.7% advertised, 975.4% adjusted; Bybit: 1095.0% advertised, 547.5% adjusted. OKX offers 4764.0% advertised and 2382.0% model-adjusted APR.

How reliable is the SOON funding data on OKX?

The SOON 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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SOON Funding Rate OKX — 0.0218% per 4h | FYOS | Funding Yield OS