ADI Funding Rate — live across 3 venues

25 DEX + 8 CEX · net of fees · updated every few minutes

Live annualized ADI perpetual funding across all 3 venues Perpia tracks. Right now ADI funding is positive on 2 and negative on 0, ranging from +10.5% on Lighter to +0.0% on Bitget — a spread of 10.5%. The widest delta-neutral trade is long Bitget / short Lighter at 3.1% net APR.

venues

paying positive

10.5%

funding spread

Best ADI spread now

3.1%

net APR after fees

Long Bitget→Short Lighter

size depends on live venue depth — see the real cap in the scanner

ADI funding trend & liquidity

168h of history

10.5%

current gross APR

10.5%

24h average

10.5%

7-day average

$29K

open interest

$389K

24h volume

Averages are realized funding over the window shown. When the current rate sits near the 7-day average the spread is persistent; a current rate far above it is usually a short-lived spike.

ADI funding rate by venue

2 pairs scanned

Venue	Funding APR	Interval
Lighter	+10.5%	8h
Vest	+5.0%	1h
Bitget	+0.0%	8h

Rates annualized; updated ~every few minutes from live venue data.

ADI arbitrage — 22-day backtest

long Bitget · short Lighter

13.2%

realized APR

+$80

net P&L on $10,000

0.02%

max drawdown

$10,000$10,080

22 days agostarting capital $10,000today

Over the last 22 days, holding long Bitget / short Lighter realized 13.2% APR — versus the 3.1% the live spread implies right now (equity $10,000 → $10,080). Funding drifts and decays, so realized returns rarely match the live headline — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

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ADI funding — FAQ

Is ADI funding positive right now?

ADI perpetual funding is positive on 2 of 3 venues Perpia tracks. The highest is +10.5% on Lighter; the lowest is +0.0% on Bitget.

What is the best ADI funding arbitrage right now?

Go long Bitget and short Lighter for about 3.1% net APR after fees — the widest delta-neutral ADI spread Perpia currently sees.

Which exchange has the highest ADI funding rate?

Lighter, at +10.5% annualized. Funding shifts continuously, so check the live table above before trading.

How ADI funding arbitrage works

Funding-rate arbitrage is delta-neutral: you go long the venue paying the most negative funding and short the one paying the most positive, so price moves cancel and you collect the spread. The catch is liquidity — a huge APR on a thin book caps at a few thousand dollars and often flips within hours. Perpia shows the max size after slippage and the realized backtest, so you filter instead of chasing the headline number.

Open the live scanner →All funding rates How we calculate this