Question 1

Which exchange has the highest SAFE funding rate right now?

Accepted Answer

Crypto.com shows the highest SAFE funding at +174.90% annualized. A high positive rate means shorts get paid, so this is the venue to short SAFE 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 SAFE for funding?

Accepted Answer

BloFin has the lowest SAFE funding at +8.10% 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 SAFE funding-arbitrage pair?

Accepted Answer

The widest spread is long BloFin / short Gate.io at about 75.4% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does SAFE funding settle?

Accepted Answer

SAFE 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 SAFE funding positive or negative?

Accepted Answer

SAFE funding is currently positive across venues (longs pay shorts), ranging +8.10% to +174.90% APR.

Question 6

What is the current SAFE perpetual swap funding rate?

Accepted Answer

The current SAFE perpetual swap funding rate ranges from +8.10% to +174.90% annualized depending on the exchange — BloFin is lowest and Crypto.com is highest right now. There is no single SAFE 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 SAFE funding rate across exchanges?

Accepted Answer

Aggregated across the 12 venues ORBIT tracks, SAFE funding currently spans +8.10% to +174.90% APR, a spread of 75.4 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 SAFE 8h funding rate versus the annualized rate?

Accepted Answer

SAFE 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↕
Crypto.com	+174.90%	1h	$1K	$0.123
Gate.ioBest Short	+83.50%	4h	$398K	$0.1224
Binance Futures	+10.96%	4h	$1.6M	$0.1231
Bybit	+10.96%	4h	$1.5M	$0.1224
BingX	+10.96%	4h	$819K	$0.1229
Bitget	+10.96%	4h	$480K	$0.1228
MEXC	+10.96%	4h	$356K	$0.123
Variational	+10.96%	4h	$6K	$0.1218
Toobit	+10.96%	4h	$158K	$0.1225
Bitunix	+10.96%	4h	—	$0.1233
WEEX	+10.96%	4h	$5.8M	$0.122
BloFinBest Long	+8.10%	4h	$116K	$0.1234

SAFE Perpetual Swap Funding Rate by Exchange

How SAFE funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

SAFE funding rates explained

Frequently asked questions