Question 1

Which exchange has the highest DATA funding rate right now?

Accepted Answer

Extended shows the highest DATA funding at +87.66% annualized. A high positive rate means shorts get paid, so this is the venue to short DATA 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 DATA for funding?

Accepted Answer

LBank has the lowest DATA 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 DATA funding-arbitrage pair?

Accepted Answer

The widest spread is long Bybit / short Pionex at about 74.4% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does DATA funding settle?

Accepted Answer

DATA 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 DATA funding positive or negative?

Accepted Answer

DATA funding is currently positive across venues (longs pay shorts), ranging +10.96% to +87.66% APR.

Question 6

What is the current DATA perpetual swap funding rate?

Accepted Answer

The current DATA perpetual swap funding rate ranges from +10.96% to +87.66% annualized depending on the exchange — LBank is lowest and Extended is highest right now. There is no single DATA 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 DATA funding rate across exchanges?

Accepted Answer

Aggregated across the 12 venues ORBIT tracks, DATA funding currently spans +10.96% to +87.66% APR, a spread of 74.4 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 DATA 8h funding rate versus the annualized rate?

Accepted Answer

DATA 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↕
Extended	+87.66%	1h	$0K	$0.217
PionexBest Short	+85.39%	4h	$1K	$0.2174
Hotcoin	+21.92%	4h	—	$0.2171
BloFin	+15.20%	4h	$145K	$0.2167
Lighter	+14.03%	1h	$42K	$0.2175
BybitBest Long	+10.96%	4h	$1.5M	$0.2173
OKX	+10.96%	4h	$1.5M	$0.2167
Bitget	+10.96%	4h	$848K	$0.2178
Gate.io	+10.96%	4h	$109K	$0.2166
KuCoin	+10.96%	4h	$269K	$0.2167
MEXC	+10.96%	4h	$190K	$0.2167
LBank	+10.96%	4h	—	$0.2167

DATA Perpetual Swap Funding Rate by Exchange

How DATA funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

DATA funding rates explained

Frequently asked questions