Question 1

Which exchange has the highest OG funding rate right now?

Accepted Answer

Binance Futures shows the highest OG funding at +10.96% annualized. A high positive rate means shorts get paid, so this is the venue to short OG 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 OG for funding?

Accepted Answer

Pionex has the lowest OG 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 OG funding-arbitrage pair?

Accepted Answer

The widest spread is long Binance Futures / short Binance Futures at about 0.0% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does OG funding settle?

Accepted Answer

OG funding settles on different schedules by venue (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 OG funding positive or negative?

Accepted Answer

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

Question 6

What is the current OG perpetual swap funding rate?

Accepted Answer

The current OG perpetual swap funding rate ranges from +10.96% to +10.96% annualized depending on the exchange — Pionex is lowest and Binance Futures is highest right now. There is no single OG 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 OG funding rate across exchanges?

Accepted Answer

Aggregated across the 12 venues ORBIT tracks, OG funding currently spans +10.96% to +10.96% APR, a spread of 0.0 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 OG 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle OG 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↕
Binance FuturesBest LongBest Short	+10.96%	4h	$1.9M	$2.8391
Bybit	+10.96%	8h	$385K	$2.842
BingX	+10.96%	4h	$978K	$2.842
Bitget	+10.96%	4h	$240K	$2.8407
Gate.io	+10.96%	4h	$49K	$2.831
KuCoin	+10.96%	4h	$199K	$2.8385
MEXC	+10.96%	4h	$625K	$2.842
Variational	+10.96%	8h	$2K	$2.8409
Toobit	+10.96%	4h	$66K	$2.833
Bitunix	+10.96%	4h	—	$2.839
WEEX	+10.96%	4h	$3.7M	$2.837
Pionex	+10.96%	4h	$6K	$2.836

OG Perpetual Swap Funding Rate by Exchange

How OG funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

OG funding rates explained

Frequently asked questions