# Ether Perpetual Funding Rates Track Payments Between Traders

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/40328
Published: 2026-10-24T21:31:59.000Z
Updated: 2026-10-24T21:31:59.000Z
Section: Investing

> On OKX, positive rates mean long holders pay short holders; negative rates reverse the payment. Funding helps align perpetual contract mark prices with spot indexes.

Perpetual futures use funding payments between traders holding opposite positions.

On OKX, a positive rate transfers payment from long holders to short holders; a negative rate reverses that direction. At 0.00%, no funding fee is settled.

The payment mechanism helps keep a perpetual contract’s mark price aligned with its spot index.

A funding rate describes the balance of payments in that derivatives contract, but it does not show which direction Ether’s spot price will take.