ALICE Funding Rate — live across 7 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized ALICE perpetual funding across all 7 venues Perpia tracks. Right now ALICE funding is positive on 3 and negative on 4, ranging from +10.9% on KuCoin to -37.2% on BingX — a spread of 48.2%. The widest delta-neutral trade is long BingX / short Gate.io at 38.8% net APR.
ALICE funding rate by venue
15 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| KuCoin | +10.9% | 4h |
| Bitget | +10.9% | 4h |
| Gate.io | +10.8% | 8h |
| Binance | -19.3% | 8h |
| MEXC | -19.4% | 8h |
| Bybit | -22.2% | 8h |
| BingX | -37.2% | 4h |
Rates annualized; updated ~every few minutes from live venue data.
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ALICE funding — FAQ
Is ALICE funding positive right now?
ALICE perpetual funding is positive on 3 of 7 venues Perpia tracks and negative on 4. The highest is +10.9% on KuCoin; the lowest is -37.2% on BingX.
What is the best ALICE funding arbitrage right now?
Go long BingX and short Gate.io for about 38.8% net APR after fees — the widest delta-neutral ALICE spread Perpia currently sees.
Which exchange has the highest ALICE funding rate?
KuCoin, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How ALICE 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 tracks whether a spread holds, so you filter instead of chasing the number.