Question 1

Which exchange has the highest KSTR funding rate right now?

Accepted Answer

grvt shows the highest KSTR funding at +113.30% annualized. A high positive rate means shorts get paid, so this is the venue to short KSTR 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 KSTR for funding?

Accepted Answer

Phemex has the lowest KSTR funding at +0.00% 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 KSTR funding-arbitrage pair?

Accepted Answer

The widest spread is long Gate.io / short grvt at about 113.3% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does KSTR funding settle?

Accepted Answer

KSTR funding settles on different schedules by venue (1h, 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 KSTR funding positive or negative?

Accepted Answer

KSTR funding is mixed across venues, ranging +0.00% to +113.30% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current KSTR perpetual swap funding rate?

Accepted Answer

The current KSTR perpetual swap funding rate ranges from +0.00% to +113.30% annualized depending on the exchange — Phemex is lowest and grvt is highest right now. There is no single KSTR 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 KSTR funding rate across exchanges?

Accepted Answer

Aggregated across the 17 venues ORBIT tracks, KSTR funding currently spans +0.00% to +113.30% APR, a spread of 113.3 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 KSTR 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle KSTR 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↕
grvtBest Short	+113.30%	8h	$1K	$22.4771
trade[XYZ]	+90.16%	1h	$22K	$22.42
KuCoin	+81.74%	8h	$25K	$22.54
Bitget	+53.14%	8h	$449K	$22.478
OKX	+51.67%	8h	$125K	$22.55
LBank	+41.94%	8h	—	$22.48
CoinW	+41.08%	8h	—	$22.44
Hotcoin	+40.11%	8h	$326K	$22.48
WEEX	+38.42%	8h	$573K	$22.484
MEXC	+38.35%	8h	$709K	$22.46
Bybit	+33.52%	8h	$315K	$22.46
Variational	+29.28%	8h	$77K	$22.4718
HTX	+10.96%	8h	$8K	$22.465
Bitunix	+6.09%	8h	—	$22.48
Gate.ioBest Long	+0.00%	8h	$178K	$22.55
Aster	+0.00%	8h	$4K	$22.4512
Phemex	+0.00%	8h	$1.4M	$22.49

KSTR Perpetual Swap Funding Rate by Exchange

How KSTR funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

KSTR funding rates explained

Frequently asked questions