Question 1

Which exchange has the highest APEX funding rate right now?

Accepted Answer

Bybit shows the highest APEX funding at +10.96% annualized. A high positive rate means shorts get paid, so this is the venue to short APEX 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 APEX for funding?

Accepted Answer

BloFin has the lowest APEX funding at +7.98% 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 APEX funding-arbitrage pair?

Accepted Answer

The widest spread is long BloFin / short Bybit at about 3.0% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does APEX funding settle?

Accepted Answer

APEX funding settles on different schedules by venue (1h, 4h). 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 APEX funding positive or negative?

Accepted Answer

APEX funding is currently positive across venues (longs pay shorts), ranging +7.98% to +10.96% APR.

Question 6

What is the current APEX perpetual swap funding rate?

Accepted Answer

The current APEX perpetual swap funding rate ranges from +7.98% to +10.96% annualized depending on the exchange — BloFin is lowest and Bybit is highest right now. There is no single APEX 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 APEX funding rate across exchanges?

Accepted Answer

Aggregated across the 12 venues ORBIT tracks, APEX funding currently spans +7.98% to +10.96% APR, a spread of 3.0 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 APEX 8h funding rate versus the annualized rate?

Accepted Answer

APEX does not settle on an 8-hour schedule on the venues tracked here. Because intervals differ by exchange, comparing raw per-payment rates is misleading; ORBIT normalizes each venue to annualized APR so the numbers are directly comparable.

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
BybitBest Short	+10.96%	4h	$4.0M	$0.2889
Hyperliquid	+10.96%	1h	$2.1M	$0.2884
BingX	+10.96%	4h	$999K	$0.29
MEXC	+10.96%	4h	$676K	$0.289
ApeX	+10.96%	1h	$132K	$0.2917
Variational	+10.96%	4h	$31K	$0.289
Bitunix	+10.96%	4h	—	$0.2892
LBank	+10.96%	4h	—	$0.289
dreamcash	+10.96%	1h	$2.1M	$0.2884
Ventuals	+10.96%	1h	$2.1M	$0.2884
Lighter	+10.52%	1h	$62K	$0.2895
BloFinBest Long	+7.98%	4h	$96K	$0.289

APEX Perpetual Swap Funding Rate by Exchange

How APEX funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

APEX funding rates explained

Frequently asked questions