USO funding rates
USO funding is -0.0527% per 8h on OKX right now, -57.7% annualized; 3 exchanges quote the perpetual.
Rates by exchange
live| Exchange | Mark | Index | Mark vs index | Funding | APR | Interval | Next settlement |
|---|---|---|---|---|---|---|---|
| 161.92 | 162.19 | -0.1665% | -0.0370% | -40.6% | 8h | 03:59 PM UTC | |
| 162.21 | 162.54 | -0.2030% | -0.0524% | -57.4% | 8h | 03:59 PM UTC | |
| 162.15 | 162.57 | -0.2584% | -0.0527% | -57.7% | 8h | 03:59 PM UTC |
Top pairings for USO
| Long | Short | Kind | Funding / 24h | |
|---|---|---|---|---|
| perp-perp | -0.047% | Open in scanner | ||
| perp-perp | -0.046% | Open in scanner | ||
| perp-perp | +0.001% | Open in scanner | ||
| perp-perp | +0.047% | Open in scanner | ||
| perp-perp | +0.046% | Open in scanner |
See every pairing live
The scanner ranks every route by net spread through the order book, after both legs’ fees, with alerts to Telegram and a trade journal. The first week is free.
The table shows every exchange where USO trades as a perpetual: the rate per settlement, the same rate annualized, the settlement interval and when the next one is. The numbers are the exchanges’ own, read live, not a snapshot from an hour ago.
A positive rate is paid by longs to shorts, a negative one the other way round. The annualized figure assumes the rate stays put for a year, which it never does — it is a way to compare exchanges with different intervals, not a forecast.
The highest and the lowest rate across exchanges are what a funding spread is made of: short where longs pay the most, long where they pay the least, and collect the difference every settlement — minus the cost of entering both legs.
FAQ
What is a funding rate?
A periodic payment between long and short holders of a perpetual that keeps its price near the spot price. Positive: longs pay shorts; negative: shorts pay longs.
How is the annualized rate computed?
The rate per settlement times the number of settlements in a year — 1095 for an 8h interval — in percent. It is a comparison figure, not a forecast.
Why does the rate differ between exchanges?
Each exchange computes its own rate from its own order flow and interval. The differences are what funding arbitrage lives on.

