Question 1

Which exchange has the highest BSB funding rate right now?

Accepted Answer

Gate.io shows the highest BSB funding at +104.53% annualized. A high positive rate means shorts get paid, so this is the venue to short BSB 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 BSB for funding?

Accepted Answer

Variational has the lowest BSB 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 BSB funding-arbitrage pair?

Accepted Answer

The widest spread is long Bybit / short Gate.io at about 93.6% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does BSB funding settle?

Accepted Answer

BSB funding settles on different schedules by venue (1h, 4h). 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 BSB funding positive or negative?

Accepted Answer

BSB funding is currently positive across venues (longs pay shorts), ranging +10.96% to +104.53% APR.

Question 6

What is the current BSB perpetual swap funding rate?

Accepted Answer

The current BSB perpetual swap funding rate ranges from +10.96% to +104.53% annualized depending on the exchange — Variational is lowest and Gate.io is highest right now. There is no single BSB 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 BSB funding rate across exchanges?

Accepted Answer

Aggregated across the 17 venues ORBIT tracks, BSB funding currently spans +10.96% to +104.53% APR, a spread of 93.6 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 BSB 8h funding rate versus the annualized rate?

Accepted Answer

BSB does not settle on an 8-hour schedule on the venues tracked here. Because intervals differ by exchange, comparing raw per-payment rates is misleading; ORBIT normalizes each venue to annualized APR so the numbers are directly comparable.

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
Gate.ioBest Short	+104.53%	4h	$307K	$0.1024
Pionex	+35.76%	4h	$6K	$0.1023
Toobit	+31.47%	4h	$140K	$0.1022
WEEX	+31.47%	4h	$24K	$0.1023
OKX	+31.42%	4h	$1.2M	$0.1024
BingX	+31.12%	4h	$1.3M	$0.1018
BloFin	+30.79%	4h	$253K	$0.1024
MEXC	+30.46%	4h	$980K	$0.1023
Bitunix	+30.21%	4h	—	$0.1022
Extended	+29.80%	1h	$1K	$0.1019
Binance Futures	+28.63%	4h	$5.4M	$0.1019
Aster	+28.44%	4h	$41K	$0.1021
Hotcoin	+21.92%	4h	$412K	$0.1024
BybitBest Long	+10.96%	4h	$2.6M	$0.1022
Bitget	+10.96%	4h	$3.4M	$0.1023
KuCoin	+10.96%	4h	$515K	$0.1022
Variational	+10.96%	4h	$1K	$0.1021

BSB Perpetual Swap Funding Rate by Exchange

How BSB funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

BSB funding rates explained

Frequently asked questions