FLOW (Flow) perpetual futures funding rates — also called perpetual swap funding rates — are aggregated live by exchange across 15 venues on ORBIT. Funding is the recurring payment exchanged between long and short traders that keeps a perpetual swap tethered to the spot price — when it is positive, longs pay shorts; when negative, shorts pay longs. Right now FLOW funding ranges from +10.49% annualized on BloFin to +203.06% on Bybit.
The widest cross-exchange funding spread for FLOW is currently 192.6% APR. A delta-neutral funding trade captures this gap by going long on BloFin — where funding is lowest, so the long leg is paid or pays the least — and short on Bybit, where funding is highest, so the short leg collects. Because the two legs are equal and opposite, the asset's price moves cancel out and what is left is the funding spread. ORBIT's backtester replays the real funding history of both legs and subtracts live taker fees and order-book slippage, so the result is net PnL, not a headline number.
FLOW ranks #424 by open interest among tracked perpetual assets, total open interest across covered venues is $10.6M, 24h volume is $22.5M, the volume-weighted mark price is $0.0315. Deeper liquidity means a funding spread can be traded at larger size with lower slippage — use the Min OI filter on the screener to surface only markets you can realistically enter and exit.
Frequently asked questions
- Which exchange has the highest FLOW funding rate right now?
- Bybit shows the highest FLOW funding at +203.06% annualized. A high positive rate means shorts get paid, so this is the venue to short FLOW when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.
- Which exchange is best to long FLOW for funding?
- BloFin has the lowest FLOW funding at +10.49% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.
- What is the best FLOW funding-arbitrage pair?
- The widest spread is long BloFin / short Bybit at about 192.6% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.
- How often does FLOW funding settle?
- FLOW funding settles on different schedules by venue (1h, 4h, 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.
- Is FLOW funding positive or negative?
- FLOW funding is currently positive across venues (longs pay shorts), ranging +10.49% to +203.06% APR.
- What is the current FLOW perpetual swap funding rate?
- The current FLOW perpetual swap funding rate ranges from +10.49% to +203.06% annualized depending on the exchange — BloFin is lowest and Bybit is highest right now. There is no single FLOW 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.
- What is the aggregated FLOW funding rate across exchanges?
- Aggregated across the 15 venues ORBIT tracks, FLOW funding currently spans +10.49% to +203.06% APR, a spread of 192.6 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.
- How do I read the FLOW 8h funding rate versus the annualized rate?
- Venues that settle FLOW 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.