Question 1

Which exchange has the highest STONK funding rate right now?

Accepted Answer

MEXC shows the highest STONK funding at +661.61% annualized. A high positive rate means shorts get paid, so this is the venue to short STONK 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 STONK for funding?

Accepted Answer

Phoenix has the lowest STONK funding at +1.58% 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 STONK funding-arbitrage pair?

Accepted Answer

The widest spread is long Phoenix / short MEXC at about 660.0% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does STONK funding settle?

Accepted Answer

STONK 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 STONK funding positive or negative?

Accepted Answer

STONK funding is currently positive across venues (longs pay shorts), ranging +1.58% to +661.61% APR.

Question 6

What is the current STONK perpetual swap funding rate?

Accepted Answer

The current STONK perpetual swap funding rate ranges from +1.58% to +661.61% annualized depending on the exchange — Phoenix is lowest and MEXC is highest right now. There is no single STONK 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 STONK funding rate across exchanges?

Accepted Answer

Aggregated across the 12 venues ORBIT tracks, STONK funding currently spans +1.58% to +661.61% APR, a spread of 660.0 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 STONK 8h funding rate versus the annualized rate?

Accepted Answer

STONK 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↕
MEXCBest Short	+661.61%	4h	$729K	$0.2547
LBank	+661.61%	4h	—	$0.2537
CoinW	+186.93%	4h	—	$0.2545
Aster	+174.51%	1h	$315K	$0.2546
Bitget	+164.58%	4h	$645K	$0.2555
BingX	+161.51%	4h	$963K	$0.255
Gate.io	+155.60%	4h	$1.0M	$0.2522
Hotcoin	+154.50%	4h	—	$0.2549
BloFin	+63.34%	4h	$97K	$0.2529
Bybit	+52.31%	4h	$2.7M	$0.2547
TxFlow	+47.76%	1h	$40K	$0.2549
PhoenixBest Long	+1.58%	1h	$120K	$0.2559

STONK Perpetual Swap Funding Rate by Exchange

How STONK funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

STONK funding rates explained

Frequently asked questions