APR Funding Rate — live across 8 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized APR perpetual funding across all 8 venues Perpia tracks. Right now APR funding is positive on 8 and negative on 0, ranging from +21.6% on OKX to +5.5% on MEXC — a spread of 16.2%. The widest delta-neutral trade is long Binance / short OKX at 12.3% net APR.
APR funding rate by venue
16 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| OKX | +21.6% | 4h |
| BingX | +20.8% | 4h |
| Bybit | +10.9% | 4h |
| Bitget | +10.9% | 4h |
| Gate.io | +10.9% | 4h |
| KuCoin | +10.9% | 4h |
| Binance | +5.5% | 8h |
| MEXC | +5.5% | 8h |
Rates annualized; updated ~every few minutes from live venue data.
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APR funding — FAQ
Is APR funding positive right now?
APR perpetual funding is positive on 8 of 8 venues Perpia tracks. The highest is +21.6% on OKX; the lowest is +5.5% on MEXC.
What is the best APR funding arbitrage right now?
Go long Binance and short OKX for about 12.3% net APR after fees — the widest delta-neutral APR spread Perpia currently sees.
Which exchange has the highest APR funding rate?
OKX, at +21.6% annualized. Funding shifts continuously, so check the live table above before trading.
How APR 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.