WAL funding rates
WAL funding is -0.0287% per 4h on OKX right now, -62.9% annualized; 10 exchanges quote the perpetual.
Rates by exchange
live| Exchange | Mark | Index | Mark vs index | Funding | APR | Interval | Next settlement |
|---|---|---|---|---|---|---|---|
 Aster | 0.03984 | 0.03991 | -0.1898% | -0.0027% | -5.9% | 4h | 03:59 PM UTC |
 BingX | 0.03988 | 0.03994 | -0.1502% | -0.0040% | -8.8% | 4h | 03:59 PM UTC |
 Bitget | 0.03990 | 0.03993 | -0.0676% | -0.0058% | -12.7% | 4h | 03:59 PM UTC |
 MEXC | 0.03988 | 0.03993 | -0.1252% | -0.0089% | -19.5% | 4h | 03:59 PM UTC |
 LBank | 0.03986 | 0.03991 | -0.1253% | -0.0090% | -19.7% | 4h | 03:59 PM UTC |
 Binance | 0.03986 | 0.03992 | -0.1318% | -0.0091% | -20.0% | 4h | 03:59 PM UTC |
 Bybit | 0.03989 | 0.03993 | -0.1002% | -0.0098% | -21.4% | 4h | 03:59 PM UTC |
 Gate | 0.03990 | 0.03993 | -0.0751% | -0.0108% | -23.7% | 4h | 03:59 PM UTC |
 KuCoin | 0.03995 | 0.03995 | 0.0000% | -0.0162% | -35.5% | 4h | 03:59 PM UTC |
 OKX | 0.03988 | 0.03992 | -0.1002% | -0.0287% | -62.9% | 4h | 03:59 PM UTC |
Top pairings for WAL
| Long | Short | Kind | Funding / 24h | |
|---|---|---|---|---|
| LBank perp 0.03986 | Gate margin 0.03992 | hedge | +0.025% | Open in scanner |
| MEXC perp 0.03988 | Gate margin 0.03992 | hedge | +0.024% | Open in scanner |
| LBank perp 0.03986 | Binance margin 0.03993 | hedge | -0.134% | Open in scanner |
| MEXC perp 0.03988 | Binance margin 0.03993 | hedge | -0.135% | Open in scanner |
| Binance perp 0.03986 | Gate margin 0.03992 | hedge | +0.025% | Open in scanner |
95 pairings in the 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 WAL 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 — 2190 for an 4h 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.