Question 1

Which exchange has the highest EWT funding rate right now?

Accepted Answer

trade[XYZ] shows the highest EWT funding at +33.29% annualized. A high positive rate means shorts get paid, so this is the venue to short EWT 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 EWT for funding?

Accepted Answer

Crypto.com has the lowest EWT funding at -21.80% 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 EWT funding-arbitrage pair?

Accepted Answer

The widest spread is long WEEX / short trade[XYZ] at about 44.8% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does EWT funding settle?

Accepted Answer

EWT 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 EWT funding positive or negative?

Accepted Answer

EWT funding is mixed across venues, ranging -21.80% to +33.29% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current EWT perpetual swap funding rate?

Accepted Answer

The current EWT perpetual swap funding rate ranges from -21.80% to +33.29% annualized depending on the exchange — Crypto.com is lowest and trade[XYZ] is highest right now. There is no single EWT 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 EWT funding rate across exchanges?

Accepted Answer

Aggregated across the 16 venues ORBIT tracks, EWT funding currently spans -21.80% to +33.29% APR, a spread of 44.8 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 EWT 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle EWT 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↕
trade[XYZ]Best Short	+33.29%	1h	$286K	$113.49
Bybit	+0.00%	8h	$186K	$113.34
OKX	+0.00%	8h	$162K	$113.36
Bitget	+0.00%	8h	$1.2M	$113.09
Gate.io	+0.00%	8h	$21K	$113.31
HTX	+0.00%	8h	$15K	$113.245
Aster	+0.00%	8h	$1K	$113.4437
grvt	+0.00%	8h	$3K	$113.47
Variational	+0.00%	8h	$36K	$113.3475
Toobit	+0.00%	8h	$51K	$113.3
LBank	+0.00%	8h	—	$113.46
Hotcoin	-0.11%	8h	$93K	$113.36
MEXC	-1.10%	8h	$2.1M	$113.08
Bitunix	-11.40%	8h	—	$113.57
WEEXBest Long	-11.55%	8h	$0K	$113.42
Crypto.com	-21.80%	1h	$0K	$113.14

EWT Perpetual Swap Funding Rate by Exchange

How EWT funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

EWT funding rates explained

Frequently asked questions