Question 1

Which exchange has the highest BAN funding rate right now?

Accepted Answer

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

Accepted Answer

Bybit has the lowest BAN funding at -12.49% 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 BAN funding-arbitrage pair?

Accepted Answer

The widest spread is long Bybit / short Binance Futures at about 23.4% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does BAN funding settle?

Accepted Answer

BAN funding settles on different schedules by venue (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 BAN funding positive or negative?

Accepted Answer

BAN funding is mixed across venues, ranging -12.49% to +10.96% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current BAN perpetual swap funding rate?

Accepted Answer

The current BAN perpetual swap funding rate ranges from -12.49% to +10.96% annualized depending on the exchange — Bybit is lowest and Binance Futures is highest right now. There is no single BAN 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 BAN funding rate across exchanges?

Accepted Answer

Aggregated across the 14 venues ORBIT tracks, BAN funding currently spans -12.49% to +10.96% APR, a spread of 23.4 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 BAN 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle BAN 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↕
Binance FuturesBest Short	+10.96%	4h	$6.2M	$0.0643
Bitget	+10.96%	4h	$1.1M	$0.0642
Gate.io	+10.96%	8h	$544K	$0.064
KuCoin	+10.96%	4h	$261K	$0.0641
MEXC	+10.96%	4h	$7.5M	$0.0643
Aster	+10.96%	4h	$10K	$0.0641
Toobit	+10.96%	4h	$52K	$0.0643
Bitunix	+10.96%	4h	—	$0.0643
Hotcoin	+10.96%	4h	$459K	$0.0642
WEEX	+10.96%	4h	—	$0.0642
Pionex	+10.96%	4h	$3K	$0.0643
LBank	+10.96%	4h	—	$0.0643
Variational	+10.00%	4h	$0K	$0.064
BybitBest Long	-12.49%	4h	$2.6M	$0.0641

BAN Perpetual Swap Funding Rate by Exchange

How BAN funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

BAN funding rates explained

Frequently asked questions