Question 1

Which exchange has the highest BNT funding rate right now?

Accepted Answer

Gate.io shows the highest BNT funding at +74.73% annualized. A high positive rate means shorts get paid, so this is the venue to short BNT 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 BNT for funding?

Accepted Answer

CoinW has the lowest BNT funding at +10.96% 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 BNT funding-arbitrage pair?

Accepted Answer

The widest spread is long Binance Futures / short Gate.io at about 63.8% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does BNT funding settle?

Accepted Answer

BNT funding settles every 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 BNT funding positive or negative?

Accepted Answer

BNT funding is currently positive across venues (longs pay shorts), ranging +10.96% to +74.73% APR.

Question 6

What is the current BNT perpetual swap funding rate?

Accepted Answer

The current BNT perpetual swap funding rate ranges from +10.96% to +74.73% annualized depending on the exchange — CoinW is lowest and Gate.io is highest right now. There is no single BNT 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 BNT funding rate across exchanges?

Accepted Answer

Aggregated across the 10 venues ORBIT tracks, BNT funding currently spans +10.96% to +74.73% APR, a spread of 63.8 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 BNT 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle BNT 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	+74.73%	8h	$21K	$0.3464
Binance FuturesBest Long	+10.96%	8h	$956K	$0.3474
Bybit	+10.96%	8h	$201K	$0.3475
Bitget	+10.96%	8h	$564K	$0.3473
KuCoin	+10.96%	8h	$113K	$0.3467
MEXC	+10.96%	8h	$119K	$0.3474
Toobit	+10.96%	8h	$95K	$0.3474
Bitunix	+10.96%	8h	—	$0.3475
WEEX	+10.96%	8h	—	$0.3474
CoinW	+10.96%	8h	—	$0.3476

BNT Perpetual Swap Funding Rate by Exchange

How BNT funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

BNT funding rates explained

Frequently asked questions