Question 1

Which exchange has the highest HANA funding rate right now?

Accepted Answer

Gate.io shows the highest HANA funding at +124.15% annualized. A high positive rate means shorts get paid, so this is the venue to short HANA 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 HANA for funding?

Accepted Answer

Aster has the lowest HANA 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 HANA funding-arbitrage pair?

Accepted Answer

The widest spread is long Bybit / short Gate.io at about 113.2% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does HANA funding settle?

Accepted Answer

HANA funding settles on different schedules by venue (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 HANA funding positive or negative?

Accepted Answer

HANA funding is currently positive across venues (longs pay shorts), ranging +10.96% to +124.15% APR.

Question 6

What is the current HANA perpetual swap funding rate?

Accepted Answer

The current HANA perpetual swap funding rate ranges from +10.96% to +124.15% annualized depending on the exchange — Aster is lowest and Gate.io is highest right now. There is no single HANA 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 HANA funding rate across exchanges?

Accepted Answer

Aggregated across the 13 venues ORBIT tracks, HANA funding currently spans +10.96% to +124.15% APR, a spread of 113.2 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 HANA 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle HANA 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↕
Gate.ioBest Short	+124.15%	8h	$320K	$0.0126
KuCoin	+78.46%	4h	$703K	$0.0127
BloFin	+67.60%	4h	$380K	$0.0126
Pionex	+65.83%	4h	$2K	$0.0127
MEXC	+63.77%	4h	$72K	$0.0127
WEEX	+62.39%	4h	$3.3M	$0.0127
Toobit	+61.19%	4h	$101K	$0.0126
Bitunix	+60.96%	4h	—	$0.0126
Binance Futures	+58.74%	4h	$5.2M	$0.0126
BingX	+56.32%	4h	$2.7M	$0.0126
Hotcoin	+21.92%	4h	$282K	$0.0127
BybitBest Long	+10.96%	4h	$808K	$0.0127
Aster	+10.96%	4h	$14K	$0.0127

HANA Perpetual Swap Funding Rate by Exchange

How HANA funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

HANA funding rates explained

Frequently asked questions