APEX Funding Rate — live across 6 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized APEX perpetual funding across all 6 venues Perpia tracks. Right now APEX funding is positive on 6 and negative on 0, ranging from +55.2% on Lighter to +5.5% on MEXC — a spread of 49.7%. The widest delta-neutral trade is long MEXC / short Lighter at 35.8% net APR.
APEX funding rate by venue
7 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Lighter | +55.2% | 8h |
| Hyperliquid | +20.5% | 1h |
| Variational | +10.9% | 4h |
| Bybit | +10.9% | 4h |
| BingX | +10.9% | 4h |
| MEXC | +5.5% | 8h |
Rates annualized; updated ~every few minutes from live venue data.
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APEX funding — FAQ
Is APEX funding positive right now?
APEX perpetual funding is positive on 6 of 6 venues Perpia tracks. The highest is +55.2% on Lighter; the lowest is +5.5% on MEXC.
What is the best APEX funding arbitrage right now?
Go long MEXC and short Lighter for about 35.8% net APR after fees — the widest delta-neutral APEX spread Perpia currently sees.
Which exchange has the highest APEX funding rate?
Lighter, at +55.2% annualized. Funding shifts continuously, so check the live table above before trading.
How APEX 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.