Which exchange has the highest KAIA funding rate right now?

Hotcoin shows the highest KAIA funding at +2.59% annualized. A high positive rate means shorts get paid, so this is the venue to short KAIA when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.

Which exchange is best to long KAIA for funding?

grvt has the lowest KAIA funding at -5320.09% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.

What is the best KAIA funding-arbitrage pair?

The widest spread is long grvt / short Hotcoin at about 5322.7% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

How often does KAIA funding settle?

KAIA 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.

Is KAIA funding positive or negative?

KAIA funding is mixed across venues, ranging -5320.09% to +2.59% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

What is the current KAIA perpetual swap funding rate?

The current KAIA perpetual swap funding rate ranges from -5320.09% to +2.59% annualized depending on the exchange — grvt is lowest and Hotcoin is highest right now. There is no single KAIA 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.

What is the aggregated KAIA funding rate across exchanges?

Aggregated across the 18 venues ORBIT tracks, KAIA funding currently spans -5320.09% to +2.59% APR, a spread of 5322.7 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.

How do I read the KAIA 8h funding rate versus the annualized rate?

KAIA 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.

KAIA Perpetual Swap Funding Rate by Exchange

Kaia

#134 by OI

View settled funding history →Backtest Best Pair →

Best Spread

5322.7% APR

Long (Lowest)

grvt

Short (Highest)

Hotcoin

Mark Price

$0.0534

Total OI

$47.1M

24h Volume

$610.8M

How KAIA funding actually paid this week

Top pairs by funding actually paid over the last 7 days on a $10,000 position, after entry and exit costs — not the instant APR.

Over the last week no KAIA long/short pair paid enough funding to cover its entry and exit costs.

Past 7 days, not a forecast. Costs = taker fees on both venues, in and out. Upcoming payouts →

Funding Rates by Exchange

Sort

HotcoinBest Short

+2.59%

Interval

Open Interest

$872K

Mark Price

$0.0533

Pionex

-1123.27%

Interval

Open Interest

$25K

Mark Price

$0.0529

WEEX

-1227.69%

Interval

Open Interest

—

Mark Price

$0.0533

Bybit

-4383.00%

Interval

Open Interest

$7.5M

Mark Price

$0.0539

Variational

-4383.00%

Interval

Open Interest

$195K

Mark Price

$0.0538

BingX

-4735.22%

Interval

Open Interest

$4.9M

Mark Price

$0.053

Bitunix

-4836.83%

Interval

Open Interest

—

Mark Price

$0.0529

BloFin

-4874.86%

Interval

Open Interest

$843K

Mark Price

$0.0534

Toobit

-4893.05%

Interval

Open Interest

$11.0M

Mark Price

$0.0538

KuCoin

-4908.96%

Interval

Open Interest

$2.9M

Mark Price

$0.0537

CoinW

-4910.77%

Interval

Open Interest

—

Mark Price

$0.0533

MEXC

-4919.48%

Interval

Open Interest

$2.6M

Mark Price

$0.0529

Binance Futures

-4920.17%

Interval

Open Interest

$12.9M

Mark Price

$0.0531

LBank

-4920.17%

Interval

Open Interest

—

Mark Price

$0.053

Bitget

-4989.61%

Interval

Open Interest

$2.2M

Mark Price

$0.053

Extended

-5192.98%

Interval

Open Interest

$42K

Mark Price

$0.053

Gate.io

-5256.09%

Interval

Open Interest

$574K

Mark Price

$0.0535

grvtBest Long

-5320.09%

Interval

Open Interest

$649K

Mark Price

$0.0536

Funding Rates by Exchange

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
HotcoinBest Short	+2.59%	4h	$872K	$0.0533
Pionex	-1123.27%	4h	$25K	$0.0529
WEEX	-1227.69%	4h	—	$0.0533
Bybit	-4383.00%	1h	$7.5M	$0.0539
Variational	-4383.00%	1h	$195K	$0.0538
BingX	-4735.22%	1h	$4.9M	$0.053
Bitunix	-4836.83%	1h	—	$0.0529
BloFin	-4874.86%	1h	$843K	$0.0534
Toobit	-4893.05%	1h	$11.0M	$0.0538
KuCoin	-4908.96%	1h	$2.9M	$0.0537
CoinW	-4910.77%	1h	—	$0.0533
MEXC	-4919.48%	1h	$2.6M	$0.0529
Binance Futures	-4920.17%	1h	$12.9M	$0.0531
LBank	-4920.17%	1h	—	$0.053
Bitget	-4989.61%	1h	$2.2M	$0.053
Extended	-5192.98%	1h	$42K	$0.053
Gate.io	-5256.09%	1h	$574K	$0.0535
grvtBest Long	-5320.09%	1h	$649K	$0.0536

KAIA Perpetual Swap Funding Rate by Exchange

Kaia

#134 by OI

View settled funding history →Backtest Best Pair →

Best Spread

5322.7% APR

Long (Lowest)

grvt

Short (Highest)

Hotcoin

Mark Price

$0.0534

Total OI

$47.1M

24h Volume

$610.8M

How KAIA funding actually paid this week

Top pairs by funding actually paid over the last 7 days on a $10,000 position, after entry and exit costs — not the instant APR.

Over the last week no KAIA long/short pair paid enough funding to cover its entry and exit costs.

Past 7 days, not a forecast. Costs = taker fees on both venues, in and out. Upcoming payouts →

Funding Rates by Exchange

Sort

HotcoinBest Short

+2.59%

Interval

Open Interest

$872K

Mark Price

$0.0533

Pionex

-1123.27%

Interval

Open Interest

$25K

Mark Price

$0.0529

WEEX

-1227.69%

Interval

Open Interest

—

Mark Price

$0.0533

Bybit

-4383.00%

Interval

Open Interest

$7.5M

Mark Price

$0.0539

Variational

-4383.00%

Interval

Open Interest

$195K

Mark Price

$0.0538

BingX

-4735.22%

Interval

Open Interest

$4.9M

Mark Price

$0.053

Bitunix

-4836.83%

Interval

Open Interest

—

Mark Price

$0.0529

BloFin

-4874.86%

Interval

Open Interest

$843K

Mark Price

$0.0534

Toobit

-4893.05%

Interval

Open Interest

$11.0M

Mark Price

$0.0538

KuCoin

-4908.96%

Interval

Open Interest

$2.9M

Mark Price

$0.0537

CoinW

-4910.77%

Interval

Open Interest

—

Mark Price

$0.0533

MEXC

-4919.48%

Interval

Open Interest

$2.6M

Mark Price

$0.0529

Binance Futures

-4920.17%

Interval

Open Interest

$12.9M

Mark Price

$0.0531

LBank

-4920.17%

Interval

Open Interest

—

Mark Price

$0.053

Bitget

-4989.61%

Interval

Open Interest

$2.2M

Mark Price

$0.053

Extended

-5192.98%

Interval

Open Interest

$42K

Mark Price

$0.053

Gate.io

-5256.09%

Interval

Open Interest

$574K

Mark Price

$0.0535

grvtBest Long

-5320.09%

Interval

Open Interest

$649K

Mark Price

$0.0536

Funding Rates by Exchange

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
HotcoinBest Short	+2.59%	4h	$872K	$0.0533
Pionex	-1123.27%	4h	$25K	$0.0529
WEEX	-1227.69%	4h	—	$0.0533
Bybit	-4383.00%	1h	$7.5M	$0.0539
Variational	-4383.00%	1h	$195K	$0.0538
BingX	-4735.22%	1h	$4.9M	$0.053
Bitunix	-4836.83%	1h	—	$0.0529
BloFin	-4874.86%	1h	$843K	$0.0534
Toobit	-4893.05%	1h	$11.0M	$0.0538
KuCoin	-4908.96%	1h	$2.9M	$0.0537
CoinW	-4910.77%	1h	—	$0.0533
MEXC	-4919.48%	1h	$2.6M	$0.0529
Binance Futures	-4920.17%	1h	$12.9M	$0.0531
LBank	-4920.17%	1h	—	$0.053
Bitget	-4989.61%	1h	$2.2M	$0.053
Extended	-5192.98%	1h	$42K	$0.053
Gate.io	-5256.09%	1h	$574K	$0.0535
grvtBest Long	-5320.09%	1h	$649K	$0.0536

KAIA funding rates explained

Funding data updated 13:28 UTC, 2026-10-09

KAIA (Kaia) perpetual futures funding rates — also called perpetual swap funding rates — are aggregated live by exchange across 18 venues on ORBIT. Funding is the recurring payment exchanged between long and short traders that keeps a perpetual swap tethered to the spot price — when it is positive, longs pay shorts; when negative, shorts pay longs. Right now KAIA funding ranges from -5320.09% annualized on grvt to +2.59% on Hotcoin.

The widest cross-exchange funding spread for KAIA is currently 5322.7% APR. A delta-neutral funding trade captures this gap by going long on grvt — where funding is lowest, so the long leg is paid or pays the least — and short on Hotcoin, where funding is highest, so the short leg collects. Because the two legs are equal and opposite, the asset's price moves cancel out and what is left is the funding spread. ORBIT's backtester replays the real funding history of both legs and subtracts live taker fees and order-book slippage, so the result is net PnL, not a headline number.

KAIA ranks #134 by open interest among tracked perpetual assets, total open interest across covered venues is $47.1M, 24h volume is $610.8M, the volume-weighted mark price is $0.0534. Deeper liquidity means a funding spread can be traded at larger size with lower slippage — use the Min OI filter on the screener to surface only markets you can realistically enter and exit.

Frequently asked questions

Which exchange has the highest KAIA funding rate right now?: Hotcoin shows the highest KAIA funding at +2.59% annualized. A high positive rate means shorts get paid, so this is the venue to short KAIA when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.
Which exchange is best to long KAIA for funding?: grvt has the lowest KAIA funding at -5320.09% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.
What is the best KAIA funding-arbitrage pair?