Exchange
OKX funding rates — institutional-grade venue with 8-hour settlement and tight spreads.
OKX is the third-largest crypto perpetual exchange, known for tighter spreads and a more institutional user base than Binance or Bybit. Funding settles every 8 hours with the ±0.375% cap. OKX's professional market-makers produce tighter perpetual-spot basis than retail-dominated venues, which typically means lower absolute funding rates but more reliable pricing during volatile sessions. Sharpe tracks OKX funding alongside Binance and Bybit to reveal cross-venue divergences that signal positioning asymmetry.
Cross-venue funding rate divergences are one of the cleanest positioning signals in crypto derivatives. When OKX funding diverges meaningfully from Binance or Hyperliquid on the same asset, it typically reflects venue-specific positioning that often precedes a move. Sharpe's leaderboard and coin explorer surface these divergences automatically — this page provides the OKX-specific context.