Question 1

Which exchange has the highest LPT funding rate right now?

Accepted Answer

Toobit shows the highest LPT funding at +264.19% annualized. A high positive rate means shorts get paid, so this is the venue to short LPT 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 LPT for funding?

Accepted Answer

Crypto.com has the lowest LPT funding at -57.36% 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 LPT funding-arbitrage pair?

Accepted Answer

The widest spread is long Crypto.com / short Toobit at about 321.6% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does LPT funding settle?

Accepted Answer

LPT 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 LPT funding positive or negative?

Accepted Answer

LPT funding is mixed across venues, ranging -57.36% to +264.19% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current LPT perpetual swap funding rate?

Accepted Answer

The current LPT perpetual swap funding rate ranges from -57.36% to +264.19% annualized depending on the exchange — Crypto.com is lowest and Toobit is highest right now. There is no single LPT 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 LPT funding rate across exchanges?

Accepted Answer

Aggregated across the 18 venues ORBIT tracks, LPT funding currently spans -57.36% to +264.19% APR, a spread of 321.6 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 LPT 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle LPT 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↕
ToobitBest Short	+264.19%	4h	$382K	$1.724
Binance Futures	+10.96%	4h	$3.2M	$1.723
Bybit	+10.96%	4h	$1.5M	$1.7256
OKX	+10.96%	4h	$1.3M	$1.723
BingX	+10.96%	4h	$1.5M	$1.723
Bitget	+10.96%	4h	$1.3M	$1.725
Gate.io	+10.96%	8h	$100K	$1.726
KuCoin	+10.96%	4h	$244K	$1.725
MEXC	+10.96%	4h	$1.8M	$1.725
Aster	+10.96%	4h	$5K	$1.7254
Variational	+10.96%	4h	$5K	$1.7254
Bitunix	+10.96%	4h	—	$1.725
Hotcoin	+10.96%	4h	$249K	$1.724
WEEX	+10.96%	4h	$8.2M	$1.724
Pionex	+10.96%	4h	$9K	$1.725
LBank	+10.96%	4h	—	$1.725
BloFin	+10.85%	4h	$195K	$1.725
Crypto.comBest Long	-57.36%	1h	$5K	$1.723

LPT Perpetual Swap Funding Rate by Exchange

How LPT funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

LPT funding rates explained

Frequently asked questions