Question 1

Which exchange has the highest TAC funding rate right now?

Accepted Answer

Gate.io shows the highest TAC funding at +167.43% annualized. A high positive rate means shorts get paid, so this is the venue to short TAC 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 TAC for funding?

Accepted Answer

Variational has the lowest TAC funding at +10.96% 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 TAC funding-arbitrage pair?

Accepted Answer

The widest spread is long Aster / short Gate.io at about 105.5% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does TAC funding settle?

Accepted Answer

TAC 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 TAC funding positive or negative?

Accepted Answer

TAC funding is currently positive across venues (longs pay shorts), ranging +10.96% to +167.43% APR.

Question 6

What is the current TAC perpetual swap funding rate?

Accepted Answer

The current TAC perpetual swap funding rate ranges from +10.96% to +167.43% annualized depending on the exchange — Variational is lowest and Gate.io is highest right now. There is no single TAC 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 TAC funding rate across exchanges?

Accepted Answer

Aggregated across the 15 venues ORBIT tracks, TAC funding currently spans +10.96% to +167.43% APR, a spread of 105.5 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 TAC 8h funding rate versus the annualized rate?

Accepted Answer

TAC 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↕
Gate.ioBest Short	+167.43%	4h	$112K	$0.0015
Bybit	+109.72%	4h	$841K	$0.0015
KuCoin	+96.65%	4h	$1.3M	$0.0015
Pionex	+85.48%	4h	$64K	$0.0015
Toobit	+74.84%	4h	$126K	$0.0015
LBank	+74.73%	4h	—	$0.0015
Binance Futures	+74.66%	4h	$2.8M	$0.0015
Bitunix	+74.49%	4h	—	$0.0015
MEXC	+74.29%	4h	$348K	$0.0015
WEEX	+74.27%	4h	$1.3M	$0.0015
Extended	+72.76%	1h	$2K	$0.0015
BingX	+71.00%	4h	$1.1M	$0.0015
BloFin	+70.31%	4h	$186K	$0.0015
AsterBest Long	+61.91%	4h	$37K	$0.0015
Variational	+10.96%	4h	$0K	$0.0015

TAC Perpetual Swap Funding Rate by Exchange

How TAC funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

TAC funding rates explained

Frequently asked questions