Programmatic Funding Snapshot

USAR Funding Rate Today

Current USAR funding across major exchanges, including advertised APR, model-adjusted apr, and Mirage context.

USAR funding is currently positive across tracked venues, but model-adjusted APR remains materially below the headline annualized signal.

Highest advertised APR
OKX
Annualized from current funding conditions.
Best Model-Adjusted APR
OKX
Model-derived annualized estimate based on current funding conditions.
Avg Mirage
76.3%
Freshness status
Aging
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.
Exchange Comparison

Current USAR funding by exchange

Updated Apr 30, 2026, 7:20 AM UTC
OKXsupported
Funding rate
0.0658%
Interval
8h
Advertised APR
7208.9%
Model-Adjusted APR
1706.3%
Mirage
76.3%
Quick Interpretation

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

Advertised APR is annualized from current funding. Model-Adjusted APR is a public estimate after Mirage and execution-aware adjustments.

See OKX funding index
What funding rate means

Funding rate is the periodic transfer between longs and shorts in perpetual futures. A positive annualized rate can still degrade materially once fees, decay, and crowding are applied.

Read methodologyReview funding rate risk
Validation status

Validation status for this public metric.

Supported means stronger observed coverage. Calibration and exploratory indicate weaker empirical depth.

Snapshot updated Apr 30, 2026, 7:20 AM UTC. Model-Adjusted APR is a model-derived annualized public estimate and should be read as scenario guidance, not execution certainty.
Frequently Asked Questions

USAR Funding Rate FAQ

What is the current USAR funding rate?

The average USAR funding rate across major exchanges is 7208.9% advertised APR. After model adjustments for execution reality, the survivable APR is approximately 1706.3%.

Which exchange has the best USAR funding rate?

Currently, OKX offers the best model-adjusted APR for USAR perpetual futures funding. This accounts for execution costs, decay, and crowding effects that reduce headline yields.

How much of USAR funding yield actually survives?

The current Mirage for USAR is 76.3%, meaning approximately 23.7% of the headline annualized funding survives execution reality. Mirage accounts for fees, basis drag, decay, and crowding.

When is the next USAR funding payment?

Funding payments occur at fixed intervals: OKX: 8h. The exact next payment time depends on the exchange, but perpetual futures funding typically settles every 8 hours on most venues.

What factors affect USAR perpetual futures funding?

USAR funding rates are driven by the balance between long and short positions, spot-perpetual basis, market sentiment, and leverage demand. High positive funding indicates bullish crowding; negative funding suggests bearish pressure.

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