Question 1

Which exchange has the highest ID funding rate right now?

Accepted Answer

TxFlow shows the highest ID funding at +45.96% annualized. A high positive rate means shorts get paid, so this is the venue to short ID 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 ID for funding?

Accepted Answer

LBank has the lowest ID 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 ID funding-arbitrage pair?

Accepted Answer

The widest spread is long Binance Futures / short TxFlow at about 35.0% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does ID funding settle?

Accepted Answer

ID 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 ID funding positive or negative?

Accepted Answer

ID funding is currently positive across venues (longs pay shorts), ranging +10.96% to +45.96% APR.

Question 6

What is the current ID perpetual swap funding rate?

Accepted Answer

The current ID perpetual swap funding rate ranges from +10.96% to +45.96% annualized depending on the exchange — LBank is lowest and TxFlow is highest right now. There is no single ID 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 ID funding rate across exchanges?

Accepted Answer

Aggregated across the 16 venues ORBIT tracks, ID funding currently spans +10.96% to +45.96% APR, a spread of 35.0 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 ID 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle ID 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↕
TxFlowBest Short	+45.96%	1h	$2K	$0.0378
BingX	+41.86%	4h	$1.2M	$0.0377
Bitget	+38.79%	4h	$914K	$0.0378
Bybit	+13.67%	8h	$1.2M	$0.0378
BloFin	+12.41%	4h	$167K	$0.0378
Binance FuturesBest Long	+10.96%	4h	$2.3M	$0.0377
Gate.io	+10.96%	4h	$120K	$0.0378
KuCoin	+10.96%	4h	$896K	$0.0378
MEXC	+10.96%	4h	$359K	$0.0377
Aster	+10.96%	4h	$4K	$0.0377
Variational	+10.96%	8h	$12K	$0.0378
Toobit	+10.96%	4h	$497K	$0.0377
Bitunix	+10.96%	4h	—	$0.0377
WEEX	+10.96%	4h	—	$0.0378
CoinW	+10.96%	4h	—	$0.0378
LBank	+10.96%	4h	—	$0.0378

ID Perpetual Swap Funding Rate by Exchange

How ID funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

ID funding rates explained

Frequently asked questions