AAL Funding Rate — live across 3 venues
Compared across 3 supported venues · net of estimated fees · updated every few minutes
Live annualized AAL perpetual funding across all 3 venues Perpia tracks. Right now AAL funding is positive on 1 and negative on 1, ranging from +10.9% on Gate.io to -7.4% on Bybit — a spread of 18.4%. The widest delta-neutral trade is long Bybit / short Gate.io at 3.3% net APR.
AAL funding trend & liquidity
12h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
AAL funding rate by venue
2 pairs scannedRates annualized; updated ~every few minutes from live venue data.
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AAL funding — FAQ
Is AAL funding positive right now?
AAL perpetual funding is positive on 1 of 3 venues Perpia tracks and negative on 1. The highest is +10.9% on Gate.io; the lowest is -7.4% on Bybit.
What is the best AAL funding arbitrage right now?
Go long Bybit and short Gate.io for about 3.3% net APR after fees — the widest delta-neutral AAL spread Perpia currently sees.
Which exchange has the highest AAL funding rate?
Gate.io, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How AAL funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.