Question 1

Which exchange has the highest ARM funding rate right now?

Accepted Answer

Bitget shows the highest ARM funding at +88.97% annualized. A high positive rate means shorts get paid, so this is the venue to short ARM 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 ARM for funding?

Accepted Answer

Coinbase International has the lowest ARM funding at -52.60% 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 ARM funding-arbitrage pair?

Accepted Answer

The widest spread is long Coinbase International / short Bitget at about 141.6% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does ARM funding settle?

Accepted Answer

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

Accepted Answer

ARM funding is mixed across venues, ranging -52.60% to +88.97% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current ARM perpetual swap funding rate?

Accepted Answer

The current ARM perpetual swap funding rate ranges from -52.60% to +88.97% annualized depending on the exchange — Coinbase International is lowest and Bitget is highest right now. There is no single ARM 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 ARM funding rate across exchanges?

Accepted Answer

Aggregated across the 24 venues ORBIT tracks, ARM funding currently spans -52.60% to +88.97% APR, a spread of 141.6 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 ARM 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle ARM 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	+88.97%	8h	$2.1M	$296.61
Crypto.com	+73.91%	1h	$5K	$296.13
Toobit	+22.56%	8h	$868K	$297.12
LBank	+22.52%	8h	—	$297.13
WEEX	+22.46%	8h	$74K	$297.23
Extended	+21.92%	1h	$9K	$296.6054
MEXC	+21.81%	8h	$1.8M	$296.24
Gate.io	+15.01%	8h	$722K	$297.45
TxFlow	+10.96%	1h	$3K	$296.5
Bitunix	+10.53%	8h	—	$296.61
Variational	+8.86%	8h	$267K	$297.339
grvt	+5.92%	8h	$0K	$296.4606
Ondo	+5.52%	1h	$288K	$296.57
trade[XYZ]	+5.48%	1h	$3.2M	$296.36
Polymarket	+5.48%	1h	$371K	$296.62
BloFin	+4.48%	8h	$132K	$296.69
OKX	+3.95%	8h	$1.8M	$296.83
QFEX	+1.53%	1h	$681K	$296.71
Phoenix	+0.15%	1h	$13K	$296.51
Bybit	+0.00%	8h	$1.8M	$296.94
HTX	+0.00%	8h	$15K	$297.065
KuCoin	+0.00%	8h	$2.1M	$297.06
Aster	+0.00%	8h	$12K	$297.0316
Coinbase InternationalBest Long	-52.60%	1h	$58K	$296.18

ARM Perpetual Swap Funding Rate by Exchange

How ARM funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

ARM funding rates explained

Frequently asked questions