Question 1

Which exchange has the highest FOLKS funding rate right now?

Accepted Answer

Toobit shows the highest FOLKS funding at +53.39% annualized. A high positive rate means shorts get paid, so this is the venue to short FOLKS 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 FOLKS for funding?

Accepted Answer

BloFin has the lowest FOLKS funding at +8.93% 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 FOLKS funding-arbitrage pair?

Accepted Answer

The widest spread is long BloFin / short Toobit at about 44.5% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does FOLKS funding settle?

Accepted Answer

FOLKS 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.

Question 5

Is FOLKS funding positive or negative?

Accepted Answer

FOLKS funding is currently positive across venues (longs pay shorts), ranging +8.93% to +53.39% APR.

Question 6

What is the current FOLKS perpetual swap funding rate?

Accepted Answer

The current FOLKS perpetual swap funding rate ranges from +8.93% to +53.39% annualized depending on the exchange — BloFin is lowest and Toobit is highest right now. There is no single FOLKS 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 FOLKS funding rate across exchanges?

Accepted Answer

Aggregated across the 17 venues ORBIT tracks, FOLKS funding currently spans +8.93% to +53.39% APR, a spread of 44.5 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 FOLKS 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle FOLKS 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↕
ToobitBest Short	+53.39%	4h	$318K	$2.482
Binance Futures	+10.96%	4h	$6.6M	$2.4813
Bybit	+10.96%	4h	$1.4M	$2.476
BingX	+10.96%	4h	$4.2M	$2.481
Bitget	+10.96%	4h	$1.2M	$2.4834
Gate.io	+10.96%	8h	$263K	$2.484
KuCoin	+10.96%	4h	$1.6M	$2.474
MEXC	+10.96%	4h	$869K	$2.481
Aster	+10.96%	4h	$32K	$2.4795
Variational	+10.96%	4h	$14K	$2.4765
Bitunix	+10.96%	4h	—	$2.478
WEEX	+10.96%	4h	—	$2.479
Pionex	+10.96%	4h	$9K	$2.4752
CoinW	+10.96%	4h	—	$2.479
LBank	+10.96%	4h	—	$2.483
Lighter	+10.52%	1h	$85K	$2.4929
BloFinBest Long	+8.93%	4h	$521K	$2.482

FOLKS Perpetual Swap Funding Rate by Exchange

How FOLKS funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

FOLKS funding rates explained

Frequently asked questions