KWEB Perpetual Swap Funding Rate by Exchange
KraneShares China Internet
How KWEB 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 KWEB 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
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
 Hotcoin | +0.57% | 8h | — | $24.625 |
 BitgetBest LongBest Short | +0.00% | 8h | $452K | $24.512 |
 Gate.io | +0.00% | 4h | $35K | $24.62 |
 CoinW | +0.00% | 8h | — | $24.737 |
KWEB funding rates explained
Funding data updated 04:14 UTC, 2026-10-01
KWEB (KraneShares China Internet) tokenized / RWA perpetual funding rates — also called perpetual swap funding rates — are aggregated live by exchange across 4 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 KWEB funding ranges from +0.00% annualized on CoinW to +0.57% on Hotcoin.
The widest cross-exchange funding spread for KWEB is currently 0.0% APR. A delta-neutral funding trade captures this gap by going long on Bitget — where funding is lowest, so the long leg is paid or pays the least — and short on Bitget, 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.