Question 1

Which exchange has the highest CELO funding rate right now?

Accepted Answer

Bybit shows the highest CELO funding at +10.96% annualized. A high positive rate means shorts get paid, so this is the venue to short CELO 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 CELO for funding?

Accepted Answer

Crypto.com has the lowest CELO funding at -185.25% 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 CELO funding-arbitrage pair?

Accepted Answer

The widest spread is long Crypto.com / short Bybit at about 196.2% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does CELO funding settle?

Accepted Answer

CELO 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 CELO funding positive or negative?

Accepted Answer

CELO funding is mixed across venues, ranging -185.25% to +10.96% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current CELO perpetual swap funding rate?

Accepted Answer

The current CELO perpetual swap funding rate ranges from -185.25% to +10.96% annualized depending on the exchange — Crypto.com is lowest and Bybit is highest right now. There is no single CELO 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 CELO funding rate across exchanges?

Accepted Answer

Aggregated across the 19 venues ORBIT tracks, CELO funding currently spans -185.25% to +10.96% APR, a spread of 196.2 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 CELO 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle CELO 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↕
BybitBest Short	+10.96%	8h	$2.0M	$0.1007
Hyperliquid	+10.96%	1h	$405K	$0.1009
BingX	+10.96%	8h	$1.5M	$0.1008
Bitget	+10.96%	8h	$1.2M	$0.1008
KuCoin	+10.96%	8h	$558K	$0.1008
Variational	+10.96%	8h	$12K	$0.1006
dreamcash	+10.96%	1h	$405K	$0.1009
Ventuals	+10.96%	1h	$405K	$0.1009
Gate.io	-24.76%	8h	$59K	$0.1009
Bitunix	-33.84%	8h	—	$0.1007
MEXC	-35.72%	8h	$634K	$0.1007
OKX	-37.91%	8h	$674K	$0.1007
LBank	-41.56%	8h	—	$0.1007
Binance Futures	-42.12%	8h	$3.2M	$0.1007
WEEX	-42.12%	8h	$8.6M	$0.1006
Toobit	-42.87%	8h	$562K	$0.1008
BloFin	-43.47%	8h	$179K	$0.1007
TxFlow	-170.30%	1h	$4K	$0.1008
Crypto.comBest Long	-185.25%	1h	$1K	$0.1007

CELO Perpetual Swap Funding Rate by Exchange

How CELO funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

CELO funding rates explained

Frequently asked questions