Funding Rate (USOIL)

Compare perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

current price: $87.42

Rate MatrixHeatmapCumulative Fees

USOIL Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1MEXChighest-0.0176%$89.4M
2HTX-0.0062%-13.58%4h16:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
-0.0119%
OI-Weighted Rate
-0.0176%
Volume-Weighted Rate
-0.0176%

USOIL Funding Rate History

About Funding Rate

What is the USOIL funding rate?

The USOIL funding rate is a periodic payment between long and short traders on perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged USOIL perpetual position.

What does a positive or negative USOIL funding rate mean?

A persistently positive USOIL funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.

What is the current USOIL funding rate?

As of now, the USOIL funding rate averages -0.0119% across 2 exchanges CoinBoss tracks, and the rate is negative. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.

Which exchange has the highest USOIL funding rate?

Right now mexc shows the highest (or most extreme) USOIL funding rate among tracked exchanges, at -0.0176%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.