Question 1

Which exchange has the highest XLK funding rate right now?

Accepted Answer

MEXC shows the highest XLK funding at +8.33% annualized. A high positive rate means shorts get paid, so this is the venue to short XLK 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 XLK for funding?

Accepted Answer

WEEX has the lowest XLK funding at -27.42% 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 XLK funding-arbitrage pair?

Accepted Answer

The widest spread is long WEEX / short MEXC at about 35.8% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does XLK funding settle?

Accepted Answer

XLK funding settles every 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 XLK funding positive or negative?

Accepted Answer

XLK funding is mixed across venues, ranging -27.42% to +8.33% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current XLK perpetual swap funding rate?

Accepted Answer

The current XLK perpetual swap funding rate ranges from -27.42% to +8.33% annualized depending on the exchange — WEEX is lowest and MEXC is highest right now. There is no single XLK 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 XLK funding rate across exchanges?

Accepted Answer

Aggregated across the 7 venues ORBIT tracks, XLK funding currently spans -27.42% to +8.33% APR, a spread of 35.8 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 XLK 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle XLK 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↕
MEXCBest Short	+8.33%	8h	$1.2M	$196.97
Bybit	+0.00%	8h	$42K	$197.59
Bitget	+0.00%	8h	$26K	$197.24
Gate.io	+0.00%	8h	$10K	$196.97
HTX	+0.00%	8h	$5K	$197.64
CoinW	+0.00%	8h	—	$194.45
WEEXBest Long	-27.42%	8h	$88K	$196.87

XLK Perpetual Swap Funding Rate by Exchange

How XLK funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

XLK funding rates explained

Frequently asked questions