Question 1

Which exchange has the highest FOGO funding rate right now?

Accepted Answer

Hotcoin shows the highest FOGO funding at +21.92% annualized. A high positive rate means shorts get paid, so this is the venue to short FOGO 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 FOGO for funding?

Accepted Answer

Crypto.com has the lowest FOGO funding at -126.55% 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 FOGO funding-arbitrage pair?

Accepted Answer

The widest spread is long Crypto.com / short Hotcoin at about 148.5% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does FOGO funding settle?

Accepted Answer

FOGO 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 FOGO funding positive or negative?

Accepted Answer

FOGO funding is mixed across venues, ranging -126.55% to +21.92% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current FOGO perpetual swap funding rate?

Accepted Answer

The current FOGO perpetual swap funding rate ranges from -126.55% to +21.92% annualized depending on the exchange — Crypto.com is lowest and Hotcoin is highest right now. There is no single FOGO 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 FOGO funding rate across exchanges?

Accepted Answer

Aggregated across the 21 venues ORBIT tracks, FOGO funding currently spans -126.55% to +21.92% APR, a spread of 148.5 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 FOGO 8h funding rate versus the annualized rate?

Accepted Answer

FOGO 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↕
HotcoinBest Short	+21.92%	4h	$114K	$0.0054
Binance Futures	+10.96%	4h	$2.4M	$0.0054
Bybit	+10.96%	4h	$1.0M	$0.0054
OKX	+10.96%	4h	$577K	$0.0054
Hyperliquid	+10.96%	1h	$406K	$0.0054
BingX	+10.96%	4h	$857K	$0.0054
Bitget	+10.96%	4h	$232K	$0.0054
Gate.io	+10.96%	4h	$51K	$0.0054
KuCoin	+10.96%	4h	$221K	$0.0054
MEXC	+10.96%	4h	$358K	$0.0054
Aster	+10.96%	4h	$7K	$0.0054
Variational	+10.96%	4h	$98K	$0.0054
Toobit	+10.96%	4h	$139K	$0.0054
Bitunix	+10.96%	4h	—	$0.0054
WEEX	+10.96%	4h	$66K	$0.0054
Pionex	+10.96%	4h	$8K	$0.0054
CoinW	+10.96%	4h	—	$0.0054
LBank	+10.96%	4h	—	$0.0054
dreamcash	+10.96%	1h	$406K	$0.0054
Ventuals	+10.96%	1h	$406K	$0.0054
Crypto.comBest Long	-126.55%	1h	$5K	$0.0054

FOGO Perpetual Swap Funding Rate by Exchange

How FOGO funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

FOGO funding rates explained

Frequently asked questions