Question 1

Which exchange has the highest TOSHI funding rate right now?

Accepted Answer

Crypto.com shows the highest TOSHI funding at +32.85% annualized. A high positive rate means shorts get paid, so this is the venue to short TOSHI 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 TOSHI for funding?

Accepted Answer

BloFin has the lowest TOSHI funding at +9.55% 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 TOSHI funding-arbitrage pair?

Accepted Answer

The widest spread is long BloFin / short Crypto.com at about 23.3% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does TOSHI funding settle?

Accepted Answer

TOSHI funding settles on different schedules by venue (1h, 4h, 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 TOSHI funding positive or negative?

Accepted Answer

TOSHI funding is currently positive across venues (longs pay shorts), ranging +9.55% to +32.85% APR.

Question 6

What is the current TOSHI perpetual swap funding rate?

Accepted Answer

The current TOSHI perpetual swap funding rate ranges from +9.55% to +32.85% annualized depending on the exchange — BloFin is lowest and Crypto.com is highest right now. There is no single TOSHI 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 TOSHI funding rate across exchanges?

Accepted Answer

Aggregated across the 15 venues ORBIT tracks, TOSHI funding currently spans +9.55% to +32.85% APR, a spread of 23.3 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 TOSHI 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle TOSHI 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	+32.85%	1h	$0K	$0.0001
Hotcoin	+21.92%	4h	$81K	$0.0001
Binance Futures	+10.96%	4h	$1.0M	$0.0001
BingX	+10.96%	4h	$518K	$0.0001
Bitget	+10.96%	4h	$618K	$0.0001
Gate.io	+10.96%	8h	$99K	$0.0001
KuCoin	+10.96%	4h	$156K	$0.0001
MEXC	+10.96%	4h	$476K	$0.0001
Aster	+10.96%	4h	$8K	$0.0001
Toobit	+10.96%	4h	$181K	$0.0001
Bitunix	+10.96%	4h	—	$0.0001
WEEX	+10.96%	4h	$454K	$0.0001
Pionex	+10.96%	4h	$13K	$0.0001
LBank	+10.96%	4h	—	$0.0001
BloFinBest Long	+9.55%	4h	$73K	$0.0001

TOSHI Perpetual Swap Funding Rate by Exchange

How TOSHI funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

TOSHI funding rates explained

Frequently asked questions