Question 1

Which exchange has the highest SONY funding rate right now?

Accepted Answer

Crypto.com shows the highest SONY funding at +75.00% annualized. A high positive rate means shorts get paid, so this is the venue to short SONY 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 SONY for funding?

Accepted Answer

LBank has the lowest SONY funding at +0.00% 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 SONY funding-arbitrage pair?

Accepted Answer

The widest spread is long Bybit / short Crypto.com at about 75.0% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does SONY funding settle?

Accepted Answer

SONY funding settles on different schedules by venue (1h, 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 SONY funding positive or negative?

Accepted Answer

SONY funding is mixed across venues, ranging +0.00% to +75.00% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current SONY perpetual swap funding rate?

Accepted Answer

The current SONY perpetual swap funding rate ranges from +0.00% to +75.00% annualized depending on the exchange — LBank is lowest and Crypto.com is highest right now. There is no single SONY 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 SONY funding rate across exchanges?

Accepted Answer

Aggregated across the 15 venues ORBIT tracks, SONY funding currently spans +0.00% to +75.00% APR, a spread of 75.0 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 SONY 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle SONY 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↕
Crypto.comBest Short	+75.00%	1h	$0K	$23.77
KuCoin	+15.78%	8h	$47K	$23.9
WEEX	+11.23%	8h	$0K	$23.826
HTX	+10.96%	8h	$8K	$23.83
Bitunix	+5.48%	8h	—	$23.81
Hotcoin	+0.12%	8h	$86K	$23.85
BybitBest Long	+0.00%	8h	$100K	$23.82
OKX	+0.00%	8h	$80K	$23.85
Bitget	+0.00%	8h	$107K	$23.845
Gate.io	+0.00%	8h	$82K	$23.797
MEXC	+0.00%	8h	$2.6M	$23.91
Variational	+0.00%	8h	$76K	$23.8078
Toobit	+0.00%	8h	$33K	$23.83
CoinW	+0.00%	8h	—	$23.82
LBank	+0.00%	8h	—	$23.82

SONY Perpetual Swap Funding Rate by Exchange

How SONY funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

SONY funding rates explained

Frequently asked questions