Question 1

Which exchange has the highest STRC funding rate right now?

Accepted Answer

Bitunix shows the highest STRC funding at +1.12% annualized. A high positive rate means shorts get paid, so this is the venue to short STRC 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 STRC for funding?

Accepted Answer

HTX has the lowest STRC funding at -44.35% 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 STRC funding-arbitrage pair?

Accepted Answer

The widest spread is long HTX / short Bitunix at about 45.5% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does STRC funding settle?

Accepted Answer

STRC 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 STRC funding positive or negative?

Accepted Answer

STRC funding is mixed across venues, ranging -44.35% to +1.12% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current STRC perpetual swap funding rate?

Accepted Answer

The current STRC perpetual swap funding rate ranges from -44.35% to +1.12% annualized depending on the exchange — HTX is lowest and Bitunix is highest right now. There is no single STRC 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 STRC funding rate across exchanges?

Accepted Answer

Aggregated across the 19 venues ORBIT tracks, STRC funding currently spans -44.35% to +1.12% APR, a spread of 45.5 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 STRC 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle STRC 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↕
BitunixBest Short	+1.12%	8h	—	$99.56
Lighter	+0.00%	1h	$882K	$99.527
Bitget	+0.00%	8h	$4.4M	$99.53
Gate.io	+0.00%	8h	$719K	$99.46
KuCoin	+0.00%	8h	$414K	$99.38
MEXC	+0.00%	8h	$2.0M	$99.56
Aster	+0.00%	8h	$709K	$99.53
grvt	+0.00%	8h	$101K	$99.525
Variational	+0.00%	8h	$1.0M	$99.5147
Toobit	+0.00%	8h	$351K	$99.54
CoinW	+0.00%	8h	—	$99.24
LBank	+0.00%	8h	—	$99.56
QFEX	-1.96%	1h	$1.1M	$99.5549
WEEX	-5.97%	8h	$1K	$99.55
trade[XYZ]	-20.74%	1h	$5.5M	$99.492
Hotcoin	-21.38%	8h	$984K	$99.48
OKX	-21.73%	8h	$1.1M	$99.46
Polymarket	-23.50%	1h	$90K	$99.444
HTXBest Long	-44.35%	8h	$55K	$99.258

STRC Perpetual Swap Funding Rate by Exchange

How STRC funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

STRC funding rates explained

Frequently asked questions