Question 1

Which exchange has the highest HEI funding rate right now?

Accepted Answer

BingX shows the highest HEI funding at +61.80% annualized. A high positive rate means shorts get paid, so this is the venue to short HEI 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 HEI for funding?

Accepted Answer

WEEX has the lowest HEI 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 HEI funding-arbitrage pair?

Accepted Answer

The widest spread is long Binance Futures / short BingX at about 50.8% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does HEI funding settle?

Accepted Answer

HEI funding settles every 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 HEI funding positive or negative?

Accepted Answer

HEI funding is currently positive across venues (longs pay shorts), ranging +10.96% to +61.80% APR.

Question 6

What is the current HEI perpetual swap funding rate?

Accepted Answer

The current HEI perpetual swap funding rate ranges from +10.96% to +61.80% annualized depending on the exchange — WEEX is lowest and BingX is highest right now. There is no single HEI 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 HEI funding rate across exchanges?

Accepted Answer

Aggregated across the 12 venues ORBIT tracks, HEI funding currently spans +10.96% to +61.80% APR, a spread of 50.8 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 HEI 8h funding rate versus the annualized rate?

Accepted Answer

HEI 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↕
BingXBest Short	+61.80%	4h	$1.1M	$0.1379
KuCoin	+58.07%	4h	$776K	$0.1383
Bybit	+28.62%	4h	$1.2M	$0.1382
edgeX V2	+12.13%	4h	$9K	$0.1379
Binance FuturesBest Long	+10.96%	4h	$2.9M	$0.1379
Gate.io	+10.96%	4h	$119K	$0.1379
MEXC	+10.96%	4h	$1.1M	$0.1381
Aster	+10.96%	4h	$18K	$0.1379
Variational	+10.96%	4h	$10K	$0.1381
Toobit	+10.96%	4h	$165K	$0.138
Bitunix	+10.96%	4h	—	$0.1379
WEEX	+10.96%	4h	—	$0.138

HEI Perpetual Swap Funding Rate by Exchange

How HEI funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

HEI funding rates explained

Frequently asked questions