Question 1

Which exchange has the highest BAT funding rate right now?

Accepted Answer

Crypto.com shows the highest BAT funding at +171.49% annualized. A high positive rate means shorts get paid, so this is the venue to short BAT 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 BAT for funding?

Accepted Answer

TxFlow has the lowest BAT funding at -158.58% 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 BAT funding-arbitrage pair?

Accepted Answer

The widest spread is long TxFlow / short Crypto.com at about 330.1% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does BAT funding settle?

Accepted Answer

BAT 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 BAT funding positive or negative?

Accepted Answer

BAT funding is mixed across venues, ranging -158.58% to +171.49% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current BAT perpetual swap funding rate?

Accepted Answer

The current BAT perpetual swap funding rate ranges from -158.58% to +171.49% annualized depending on the exchange — TxFlow is lowest and Crypto.com is highest right now. There is no single BAT 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 BAT funding rate across exchanges?

Accepted Answer

Aggregated across the 17 venues ORBIT tracks, BAT funding currently spans -158.58% to +171.49% APR, a spread of 330.1 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 BAT 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle BAT 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↕
Crypto.comBest Short	+171.49%	1h	$4K	$0.1052
BingX	+10.96%	8h	$1.2M	$0.1052
Bitget	+10.96%	8h	$683K	$0.1052
Gate.io	+10.96%	8h	$62K	$0.1052
Variational	+10.96%	8h	$164K	$0.1054
Pionex	-2.44%	8h	$3K	$0.1053
Bitunix	-2.89%	8h	—	$0.1052
BloFin	-4.56%	8h	$238K	$0.1053
MEXC	-5.81%	8h	$4.4M	$0.1051
LBank	-5.81%	8h	—	$0.1053
Toobit	-5.85%	8h	$8.7M	$0.1051
WEEX	-5.90%	8h	—	$0.1054
Binance Futures	-6.12%	8h	$4.3M	$0.1052
KuCoin	-6.36%	8h	$239K	$0.1052
Bybit	-6.63%	8h	$1.7M	$0.1053
OKX	-95.95%	8h	$1.2M	$0.1052
TxFlowBest Long	-158.58%	1h	$28K	$0.1052

BAT Perpetual Swap Funding Rate by Exchange

How BAT funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

BAT funding rates explained

Frequently asked questions