Question 1

Which exchange has the highest WOO funding rate right now?

Accepted Answer

Crypto.com shows the highest WOO funding at +93.20% annualized. A high positive rate means shorts get paid, so this is the venue to short WOO 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 WOO for funding?

Accepted Answer

dYdX has the lowest WOO funding at +0.00% 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 WOO funding-arbitrage pair?

Accepted Answer

The widest spread is long BloFin / short Binance Futures at about 2.4% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does WOO funding settle?

Accepted Answer

WOO 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 WOO funding positive or negative?

Accepted Answer

WOO funding is mixed across venues, ranging +0.00% to +93.20% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current WOO perpetual swap funding rate?

Accepted Answer

The current WOO perpetual swap funding rate ranges from +0.00% to +93.20% annualized depending on the exchange — dYdX is lowest and Crypto.com is highest right now. There is no single WOO 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 WOO funding rate across exchanges?

Accepted Answer

Aggregated across the 17 venues ORBIT tracks, WOO funding currently spans +0.00% to +93.20% APR, a spread of 2.4 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 WOO 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle WOO 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.com	+93.20%	1h	$5K	$0.0139
Binance FuturesBest Short	+10.96%	8h	$1.6M	$0.0138
Bybit	+10.96%	8h	$1.2M	$0.0139
OKX	+10.96%	8h	$216K	$0.0139
BingX	+10.96%	8h	$817K	$0.0138
Bitget	+10.96%	8h	$218K	$0.0139
Gate.io	+10.96%	8h	$49K	$0.0138
KuCoin	+10.96%	8h	$215K	$0.0139
MEXC	+10.96%	8h	$453K	$0.0138
Variational	+10.96%	8h	$41K	$0.0139
Toobit	+10.96%	8h	$517K	$0.0138
Bitunix	+10.96%	8h	—	$0.0138
WEEX	+10.96%	8h	—	$0.0139
LBank	+10.96%	8h	—	$0.0139
WOOFi Pro	+9.15%	8h	$21K	$0.0138
BloFinBest Long	+8.55%	8h	$84K	$0.0139
dYdX	+0.00%	1h	$1K	$0.0138

WOO Perpetual Swap Funding Rate by Exchange

How WOO funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

WOO funding rates explained

Frequently asked questions