Question 1

Which exchange has the highest SXT funding rate right now?

Accepted Answer

Hotcoin shows the highest SXT funding at +21.92% annualized. A high positive rate means shorts get paid, so this is the venue to short SXT 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 SXT for funding?

Accepted Answer

Crypto.com has the lowest SXT funding at -185.43% 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 SXT funding-arbitrage pair?

Accepted Answer

The widest spread is long Crypto.com / short Hotcoin at about 207.3% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does SXT funding settle?

Accepted Answer

SXT 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 SXT funding positive or negative?

Accepted Answer

SXT funding is mixed across venues, ranging -185.43% to +21.92% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current SXT perpetual swap funding rate?

Accepted Answer

The current SXT perpetual swap funding rate ranges from -185.43% to +21.92% annualized depending on the exchange — Crypto.com is lowest and Hotcoin is highest right now. There is no single SXT 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 SXT funding rate across exchanges?

Accepted Answer

Aggregated across the 17 venues ORBIT tracks, SXT funding currently spans -185.43% to +21.92% APR, a spread of 207.3 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 SXT 8h funding rate versus the annualized rate?

Accepted Answer

SXT 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↕
HotcoinBest Short	+21.92%	4h	$121K	$0.0096
Binance Futures	+10.96%	4h	$1.6M	$0.0096
Bybit	+10.96%	4h	$522K	$0.0096
Bitget	+10.96%	4h	$518K	$0.0096
KuCoin	+10.96%	4h	$171K	$0.0096
MEXC	+10.96%	4h	$2.8M	$0.0096
Aster	+10.96%	4h	$4K	$0.0096
Variational	+10.96%	4h	$5K	$0.0096
Toobit	+10.96%	4h	$93K	$0.0096
Bitunix	+10.96%	4h	—	$0.0096
WEEX	+10.96%	4h	$9.9M	$0.0096
Pionex	+10.96%	4h	$14K	$0.0096
CoinW	+10.96%	4h	—	$0.0096
LBank	+10.96%	4h	—	$0.0096
BloFin	+9.12%	4h	$113K	$0.0096
BingX	+7.67%	4h	$801K	$0.0096
Crypto.comBest Long	-185.43%	1h	$2K	$0.0096

SXT Perpetual Swap Funding Rate by Exchange

How SXT funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

SXT funding rates explained

Frequently asked questions