Question 1

Which exchange has the highest AGPU funding rate right now?

Accepted Answer

Bitget shows the highest AGPU funding at +397.32% annualized. A high positive rate means shorts get paid, so this is the venue to short AGPU when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.

Question 2

Which exchange is best to long AGPU for funding?

Accepted Answer

Toobit has the lowest AGPU funding at -96.98% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.

Question 3

What is the best AGPU funding-arbitrage pair?

Accepted Answer

The widest spread is long Toobit / short Bitget at about 494.3% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does AGPU funding settle?

Accepted Answer

AGPU funding settles every 8h. Longer intervals concentrate the same annualized rate into fewer, larger payments. ORBIT normalizes every venue to a common APR so they are directly comparable.

Question 5

Is AGPU funding positive or negative?

Accepted Answer

AGPU funding is mixed across venues, ranging -96.98% to +397.32% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current AGPU perpetual swap funding rate?

Accepted Answer

The current AGPU perpetual swap funding rate ranges from -96.98% to +397.32% annualized depending on the exchange — Toobit is lowest and Bitget is highest right now. There is no single AGPU funding rate: every venue runs its own funding formula and order book, which is why the rate has to be read by exchange rather than as one number.

Question 7

What is the aggregated AGPU funding rate across exchanges?

Accepted Answer

Aggregated across the 11 venues ORBIT tracks, AGPU funding currently spans -96.98% to +397.32% APR, a spread of 494.3 percentage points. An aggregated average hides the part that matters for trading — the gap between the cheapest and dearest venue — so the table above lists each exchange separately.

Question 8

How do I read the AGPU 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle AGPU every 8 hours quote the per-payment rate, which is charged three times a day. Multiply an 8h rate by 3 to get the daily figure and by 1,095 to annualize it. ORBIT converts every venue — 1h, 4h and 8h alike — to a common APR so an 8h rate and a 1h rate can be compared directly.

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
BitgetBest Short	+397.32%	8h	$38K	$11.86
Hotcoin	+73.97%	8h	—	$11.9
KuCoin	+61.69%	8h	$25K	$11.92
Bitunix	+35.91%	8h	—	$11.9
Aster	+10.96%	8h	$5K	$11.9183
Gate.io	+0.00%	8h	$24K	$11.91
HTX	+0.00%	8h	$7K	$11.92
Phemex	+0.00%	8h	$358K	$11.88
LBank	-80.10%	8h	—	$11.9
WEEX	-81.43%	8h	$0K	$11.89
ToobitBest Long	-96.98%	8h	$80K	$11.9

AGPU Perpetual Swap Funding Rate by Exchange

How AGPU funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

AGPU funding rates explained

Frequently asked questions