Question 1

Which exchange has the highest POLYX funding rate right now?

Accepted Answer

Bybit shows the highest POLYX funding at +208.25% annualized. A high positive rate means shorts get paid, so this is the venue to short POLYX 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 POLYX for funding?

Accepted Answer

Ventuals has the lowest POLYX 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 POLYX funding-arbitrage pair?

Accepted Answer

The widest spread is long Binance Futures / short Bybit at about 197.3% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does POLYX funding settle?

Accepted Answer

POLYX 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.

Question 5

Is POLYX funding positive or negative?

Accepted Answer

POLYX funding is currently positive across venues (longs pay shorts), ranging +10.96% to +208.25% APR.

Question 6

What is the current POLYX perpetual swap funding rate?

Accepted Answer

The current POLYX perpetual swap funding rate ranges from +10.96% to +208.25% annualized depending on the exchange — Ventuals is lowest and Bybit is highest right now. There is no single POLYX 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 POLYX funding rate across exchanges?

Accepted Answer

Aggregated across the 19 venues ORBIT tracks, POLYX funding currently spans +10.96% to +208.25% APR, a spread of 197.3 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 POLYX 8h funding rate versus the annualized rate?

Accepted Answer

POLYX 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.

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
BybitBest Short	+208.25%	4h	$897K	$0.0438
Crypto.com	+84.23%	1h	$2K	$0.0438
BloFin	+16.70%	4h	$117K	$0.0437
Variational	+13.33%	4h	$10K	$0.0438
Extended	+11.40%	1h	$2K	$0.0436
Binance FuturesBest Long	+10.96%	4h	$1.6M	$0.0436
Hyperliquid	+10.96%	1h	$31K	$0.0437
BingX	+10.96%	4h	$824K	$0.0436
Bitget	+10.96%	4h	$443K	$0.0437
Gate.io	+10.96%	4h	$66K	$0.0437
KuCoin	+10.96%	4h	$328K	$0.0438
MEXC	+10.96%	4h	$334K	$0.0437
Aster	+10.96%	4h	$5K	$0.0437
Toobit	+10.96%	4h	$197K	$0.0437
Bitunix	+10.96%	4h	—	$0.0436
WEEX	+10.96%	4h	—	$0.0437
Pionex	+10.96%	4h	$2K	$0.0437
dreamcash	+10.96%	1h	$31K	$0.0437
Ventuals	+10.96%	1h	$31K	$0.0437

POLYX Perpetual Swap Funding Rate by Exchange

How POLYX funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

POLYX funding rates explained

Frequently asked questions