Question 1

Which exchange has the highest BLESS funding rate right now?

Accepted Answer

KuCoin shows the highest BLESS funding at +196.80% annualized. A high positive rate means shorts get paid, so this is the venue to short BLESS 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 BLESS for funding?

Accepted Answer

grvt has the lowest BLESS funding at +0.00% 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 BLESS funding-arbitrage pair?

Accepted Answer

The widest spread is long grvt / short KuCoin at about 196.8% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does BLESS funding settle?

Accepted Answer

BLESS 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 BLESS funding positive or negative?

Accepted Answer

BLESS funding is mixed across venues, ranging +0.00% to +196.80% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current BLESS perpetual swap funding rate?

Accepted Answer

The current BLESS perpetual swap funding rate ranges from +0.00% to +196.80% annualized depending on the exchange — grvt is lowest and KuCoin is highest right now. There is no single BLESS 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 BLESS funding rate across exchanges?

Accepted Answer

Aggregated across the 17 venues ORBIT tracks, BLESS funding currently spans +0.00% to +196.80% APR, a spread of 196.8 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 BLESS 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle BLESS 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↕
KuCoinBest Short	+196.80%	4h	$2.5M	$0.0089
Gate.io	+94.02%	4h	$431K	$0.0089
Aster	+93.31%	4h	$75K	$0.0089
Pionex	+82.05%	4h	$12K	$0.0089
CoinW	+68.49%	4h	—	$0.0089
LBank	+68.18%	4h	—	$0.0089
MEXC	+68.16%	4h	$14.7M	$0.0089
WEEX	+67.49%	4h	$426K	$0.0089
Binance Futures	+67.27%	4h	$4.3M	$0.0089
Toobit	+67.27%	4h	$248K	$0.0089
Bitunix	+65.77%	4h	—	$0.0089
BingX	+64.21%	4h	$5.2M	$0.0089
BloFin	+63.56%	4h	$458K	$0.0089
Bybit	+10.96%	4h	$2.3M	$0.0089
Bitget	+10.96%	4h	$2.6M	$0.0089
Variational	+10.96%	4h	$10K	$0.0089
grvtBest Long	+0.00%	8h	$228K	$0.0073

BLESS Perpetual Swap Funding Rate by Exchange

How BLESS funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

BLESS funding rates explained

Frequently asked questions