Question 1

Which exchange has the highest CORE funding rate right now?

Accepted Answer

Gate.io shows the highest CORE funding at +50.62% annualized. A high positive rate means shorts get paid, so this is the venue to short CORE 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 CORE for funding?

Accepted Answer

Variational has the lowest CORE funding at -29.84% 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 CORE funding-arbitrage pair?

Accepted Answer

The widest spread is long Variational / short Gate.io at about 80.5% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does CORE funding settle?

Accepted Answer

CORE 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 CORE funding positive or negative?

Accepted Answer

CORE funding is mixed across venues, ranging -29.84% to +50.62% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current CORE perpetual swap funding rate?

Accepted Answer

The current CORE perpetual swap funding rate ranges from -29.84% to +50.62% annualized depending on the exchange — Variational is lowest and Gate.io is highest right now. There is no single CORE 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 CORE funding rate across exchanges?

Accepted Answer

Aggregated across the 10 venues ORBIT tracks, CORE funding currently spans -29.84% to +50.62% APR, a spread of 80.5 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 CORE 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle CORE 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	+50.62%	8h	$128K	$0.0231
Hotcoin	+50.62%	8h	$106K	$0.0232
BingX	+16.55%	8h	$992K	$0.023
MEXC	+16.55%	8h	$698K	$0.0232
WEEX	+16.55%	8h	—	$0.0231
OKX	+10.96%	8h	$2.1M	$0.0232
Bitunix	+10.96%	8h	—	$0.023
LBank	+10.96%	8h	—	$0.0231
Bybit	-3.12%	8h	$1.5M	$0.0231
VariationalBest Long	-29.84%	8h	$10K	$0.0231

CORE Perpetual Swap Funding Rate by Exchange

How CORE funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

CORE funding rates explained

Frequently asked questions