Question 1

Which exchange has the highest BICO funding rate right now?

Accepted Answer

Gate.io shows the highest BICO funding at +30.24% annualized. A high positive rate means shorts get paid, so this is the venue to short BICO 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 BICO for funding?

Accepted Answer

BingX has the lowest BICO funding at +7.67% 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 BICO funding-arbitrage pair?

Accepted Answer

The widest spread is long BingX / short Gate.io at about 22.6% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does BICO funding settle?

Accepted Answer

BICO 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 BICO funding positive or negative?

Accepted Answer

BICO funding is currently positive across venues (longs pay shorts), ranging +7.67% to +30.24% APR.

Question 6

What is the current BICO perpetual swap funding rate?

Accepted Answer

The current BICO perpetual swap funding rate ranges from +7.67% to +30.24% annualized depending on the exchange — BingX is lowest and Gate.io is highest right now. There is no single BICO 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 BICO funding rate across exchanges?

Accepted Answer

Aggregated across the 15 venues ORBIT tracks, BICO funding currently spans +7.67% to +30.24% APR, a spread of 22.6 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 BICO 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle BICO 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↕
Gate.ioBest Short	+30.24%	8h	$264K	$0.0214
Binance Futures	+10.96%	8h	$3.3M	$0.0214
Bybit	+10.96%	8h	$1.5M	$0.0215
OKX	+10.96%	4h	$1.5M	$0.0215
Bitget	+10.96%	8h	$550K	$0.0214
KuCoin	+10.96%	8h	$676K	$0.0214
MEXC	+10.96%	8h	$952K	$0.0215
Aster	+10.96%	8h	$90K	$0.0214
Variational	+10.96%	8h	$12K	$0.0214
Toobit	+10.96%	8h	$558K	$0.0214
Bitunix	+10.96%	8h	—	$0.0214
WEEX	+10.96%	8h	$6.5M	$0.0214
Pionex	+10.96%	8h	$7K	$0.0215
CoinW	+10.96%	8h	—	$0.0214
BingXBest Long	+7.67%	8h	$1.4M	$0.0214

BICO Perpetual Swap Funding Rate by Exchange

How BICO funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

BICO funding rates explained

Frequently asked questions