APP Funding Rate — AppLovin perpetuals across 3 venues
TradFi perpetual · compared across 3 venues · net of estimated fees · updated every few minutes
APP is an equity-linked perpetual referencing AppLovin, traded on-chain (not a tokenized xStock). Perpia compares its annualized funding across venues and the best delta-neutral spread.
Live annualized APP perpetual funding across all 3 venues Perpia tracks. Right now APP funding is positive on 0 and negative on 1, ranging from +0.0% on Bitget to -24.7% on OKX — a spread of 24.7%. The widest delta-neutral trade is long OKX / short Bitget at 17.5% net APR.
APP 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.
APP funding rate by venue
2 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 OKX vs Bitget page.
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APP funding — FAQ
Is APP funding positive right now?
APP perpetual funding is positive on 0 of 3 venues Perpia tracks and negative on 1. The highest is +0.0% on Bitget; the lowest is -24.7% on OKX.
What is the best APP funding arbitrage right now?
Go long OKX and short Bitget for about 17.5% net APR after fees — the widest delta-neutral APP spread Perpia currently sees.
Which exchange has the highest APP funding rate?
Bitget, at +0.0% annualized. Funding shifts continuously, so check the live table above before trading.
How APP 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 APP
Markets also quoted on both Bitget and OKX — the same two exchanges you would already have funded for the APP trade.
See every spread between them on the Bitget vs OKX page.