APLD Funding Rate — live across 4 venues
Compared across 4 supported venues · net of estimated fees · updated every few minutes
Live annualized APLD perpetual funding across all 4 venues Perpia tracks. Right now APLD funding is positive on 1 and negative on 0, ranging from +10.9% on KuCoin to +0.0% on OKX — a spread of 10.9%. The widest delta-neutral trade is long Bybit / short KuCoin at 7.1% net APR.
APLD funding trend & liquidity
168h 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.
APLD funding rate history
30d · 6h buckets · 5 venuesAnnualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +7.6%. A break in a line means no data was recorded for that stretch, not a zero rate.
APLD funding rate by venue
3 pairs scannedRates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Bybit vs KuCoin page.
APLD arbitrage — 30-day backtest
long Bybit · short KuCoinOver the last 30 days, holding long Bybit / short KuCoin would have produced -32.4% APR — versus the 7.1% the live spread implies right now (equity $10,000 → $9,734). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.
Open full interactive backtest →APLD funding — FAQ
Is APLD funding positive right now?
APLD perpetual funding is positive on 1 of 4 venues Perpia tracks. The highest is +10.9% on KuCoin; the lowest is +0.0% on OKX.
What is the best APLD funding arbitrage right now?
Go long Bybit and short KuCoin for about 7.1% net APR after fees — the widest delta-neutral APLD spread Perpia currently sees.
Which exchange has the highest APLD funding rate?
KuCoin, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How APLD 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.
Markets related to APLD
Markets also quoted on both Bybit and KuCoin — the same two exchanges you would already have funded for the APLD trade.
See every spread between them on the Bybit vs KuCoin page.