Question 1

Which exchange has the highest COLLECT funding rate right now?

Accepted Answer

Toobit shows the highest COLLECT funding at +82.13% annualized. A high positive rate means shorts get paid, so this is the venue to short COLLECT 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 COLLECT for funding?

Accepted Answer

BloFin has the lowest COLLECT funding at +5.71% 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 COLLECT funding-arbitrage pair?

Accepted Answer

The widest spread is long BloFin / short Toobit at about 76.4% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does COLLECT funding settle?

Accepted Answer

COLLECT 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 COLLECT funding positive or negative?

Accepted Answer

COLLECT funding is currently positive across venues (longs pay shorts), ranging +5.71% to +82.13% APR.

Question 6

What is the current COLLECT perpetual swap funding rate?

Accepted Answer

The current COLLECT perpetual swap funding rate ranges from +5.71% to +82.13% annualized depending on the exchange — BloFin is lowest and Toobit is highest right now. There is no single COLLECT 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 COLLECT funding rate across exchanges?

Accepted Answer

Aggregated across the 12 venues ORBIT tracks, COLLECT funding currently spans +5.71% to +82.13% APR, a spread of 76.4 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 COLLECT 8h funding rate versus the annualized rate?

Accepted Answer

COLLECT 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↕
ToobitBest Short	+82.13%	4h	$111K	$0.0183
Extended	+11.40%	1h	$4K	$0.0183
Binance Futures	+10.96%	4h	$4.6M	$0.0183
BingX	+10.96%	4h	$2.0M	$0.0183
Gate.io	+10.96%	4h	$255K	$0.0183
KuCoin	+10.96%	4h	$731K	$0.0183
MEXC	+10.96%	4h	$391K	$0.0184
Aster	+10.96%	4h	$106K	$0.0183
Bitunix	+10.96%	4h	—	$0.0183
Pionex	+10.96%	4h	$10K	$0.0183
LBank	+10.96%	4h	—	$0.0183
BloFinBest Long	+5.71%	4h	$315K	$0.0183

COLLECT Perpetual Swap Funding Rate by Exchange

How COLLECT funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

COLLECT funding rates explained

Frequently asked questions