# Which exchange has the highest funding rates?

As of 2026-10-05 17:09 UTC, DigiFinex has the highest median funding across its liquid perpetual markets at 0.0220% per 8 hours, and Kraken the lowest at -0.0076%, out of 21 exchanges compared.

## Median funding rate by exchange

| # | Exchange | Liquid markets | Median per 8h | Average per 8h (volume-weighted) | Positive | 24h volume |
| --- | --- | --- | --- | --- | --- | --- |
| [1](https://arbtide.com/exchanges/digifinex) | DigiFinex | 23 | 0.0220% | 0.0123% | 61% | $3.2B |
| [2](https://arbtide.com/exchanges/bitget) | Bitget | 54 | 0.0100% | 0.0045% | 78% | $7.6B |
| [3](https://arbtide.com/exchanges/bingx) | BingX | 30 | 0.0100% | 0.0037% | 93% | $2.8B |
| [4](https://arbtide.com/exchanges/hyperliquid) | Hyperliquid | 28 | 0.0100% | 0.0105% | 100% | $5.5B |
| [5](https://arbtide.com/exchanges/bybit) | Bybit | 81 | 0.0100% | -0.0062% | 67% | $13B |
| [6](https://arbtide.com/exchanges/kucoin) | KuCoin | 44 | 0.0100% | 0.0017% | 82% | $1.7B |
| [7](https://arbtide.com/exchanges/okx) | OKX | 83 | 0.0100% | 0.0038% | 70% | $20.2B |
| [8](https://arbtide.com/exchanges/xt) | XT.COM | 75 | 0.0100% | 0.0074% | 76% | $6.9B |
| [9](https://arbtide.com/exchanges/whitebit) | WhiteBIT | 56 | 0.0100% | 0.0096% | 91% | $9.6B |
| [10](https://arbtide.com/exchanges/btse) | BTSE | 5 | 0.0100% | 0.0078% | 80% | $456.6M |
| [11](https://arbtide.com/exchanges/deepcoin) | Deepcoin | 9 | 0.0100% | 0.0111% | 67% | $304.8M |
| [12](https://arbtide.com/exchanges/aster) | Aster | 9 | 0.0100% | 0.0026% | 89% | $1.2B |
| [13](https://arbtide.com/exchanges/mexc) | MEXC | 53 | 0.0096% | -0.0001% | 68% | $9.9B |
| [14](https://arbtide.com/exchanges/weex) | WEEX | 48 | 0.0095% | 0.0023% | 79% | $9.9B |
| [15](https://arbtide.com/exchanges/binance) | Binance | 206 | 0.0095% | -0.0088% | 64% | $49.1B |
| [16](https://arbtide.com/exchanges/lighter) | Lighter | 12 | 0.0088% | 0.0061% | 92% | $1.3B |
| [17](https://arbtide.com/exchanges/toobit) | Toobit | 63 | 0.0068% | -0.0117% | 62% | $18.1B |
| [18](https://arbtide.com/exchanges/lbank) | LBank | 112 | 0.0060% | -0.0164% | 60% | $6.1B |
| [19](https://arbtide.com/exchanges/gate) | Gate | 47 | 0.0026% | 0.0019% | 57% | $14.4B |
| [20](https://arbtide.com/exchanges/extended) | Extended | 7 | 0.0008% | 0.0005% | 57% | $245.4M |
| [21](https://arbtide.com/exchanges/kraken) | Kraken | 11 | -0.0076% | -0.0063% | 9% | $843.4M |

Only perpetual markets with at least $10M of 24-hour volume count (1070 markets right now), so thin markets sitting at their funding cap never top the list. Rates are converted to 8 hours and to APR so exchanges with 1, 4 and 8 hour intervals compare directly.

Source: ArbTide, live funding rates read from each exchange's API, as of 2026-10-05 17:09 UTC. https://arbtide.com/funding-rates/by-exchange

## Frequently asked questions

### Why do funding rates differ between exchanges?

Each exchange sets funding from its own perpetual price, index and formula, and each has its own traders and leverage. The same coin can pay longs on one exchange and shorts on another at the same moment.

### Which exchange is best for funding rate arbitrage?

The best pair is the one where the gap between two exchanges stays wide after fees and both books are deep enough for your size. The funding scanner ranks every pair by net profit for your balance.