Question 1

Which exchange has the highest API3 funding rate right now?

Accepted Answer

Bybit shows the highest API3 funding at +114.58% annualized. A high positive rate means shorts get paid, so this is the venue to short API3 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 API3 for funding?

Accepted Answer

Crypto.com has the lowest API3 funding at -127.22% 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 API3 funding-arbitrage pair?

Accepted Answer

The widest spread is long Crypto.com / short Bybit at about 241.8% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does API3 funding settle?

Accepted Answer

API3 funding settles on different schedules by venue (1h, 4h, 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 API3 funding positive or negative?

Accepted Answer

API3 funding is mixed across venues, ranging -127.22% to +114.58% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current API3 perpetual swap funding rate?

Accepted Answer

The current API3 perpetual swap funding rate ranges from -127.22% to +114.58% annualized depending on the exchange — Crypto.com is lowest and Bybit is highest right now. There is no single API3 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 API3 funding rate across exchanges?

Accepted Answer

Aggregated across the 19 venues ORBIT tracks, API3 funding currently spans -127.22% to +114.58% APR, a spread of 241.8 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 API3 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle API3 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↕
BybitBest Short	+114.58%	4h	$1.1M	$0.2884
Hotcoin	+21.92%	4h	$218K	$0.2881
BingX	+15.12%	4h	$1.5M	$0.2877
Binance Futures	+10.96%	4h	$2.8M	$0.2873
OKX	+10.96%	4h	$553K	$0.2878
Bitget	+10.96%	4h	$645K	$0.2877
Gate.io	+10.96%	8h	$63K	$0.2881
KuCoin	+10.96%	4h	$1.1M	$0.2881
MEXC	+10.96%	4h	$418K	$0.2877
Aster	+10.96%	4h	$3K	$0.2878
Variational	+10.96%	4h	$7K	$0.2883
Toobit	+10.96%	4h	$193K	$0.2879
Bitunix	+10.96%	4h	—	$0.2876
WEEX	+10.96%	4h	—	$0.2876
Pionex	+10.96%	4h	$2K	$0.2875
LBank	+10.96%	4h	—	$0.287
TxFlow	+10.96%	1h	$4K	$0.2874
BloFin	+6.25%	4h	$156K	$0.2878
Crypto.comBest Long	-127.22%	1h	$7K	$0.2874

API3 Perpetual Swap Funding Rate by Exchange

How API3 funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

API3 funding rates explained

Frequently asked questions