APR Funding Rate — live across 10 venues

Perpetual funding · compared across 10 venues · net of estimated fees · updated every few minutes

Live annualized APR perpetual funding across all 10 venues Perpia tracks. Right now APR funding is positive on 10 and negative on 0, ranging from +48.2% on KuCoin to +10.9% on HTX — a spread of 37.2%. The widest delta-neutral trade is long Gate.io / short KuCoin at 32.0% net APR.

10venues

10paying positive

37.2%funding spread

Best APR spread now

32.0%

net APR after fees

LongGate.io↗→ShortKuCoin↗

size depends on live venue depth — see the real cap in the scanner

APR funding trend & liquidity

168h of history

37.2%current gross APR

1.3%24h average

0.0%7-day average

$351Kpair OI · lower leg

$1.8M24h volume · lower leg

Averages 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.

APR · Gate.io → KuCoin — no history

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Build a route

any two of the 10 venues

Long (pays you)every 4hShort (you collect)every 4h

Gross spread+37.2%+$10.20 / day on $10,000

Widest routes

This is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.

Venues: pick the two legs

sorted by rate · 10 venues

Venue	Funding APR ↓	Interval
KuCoin↗short	+48.2%	every 4h
BingX↗	+26.1%	every 4h
Binance↗	+24.6%	every 4h
MEXC↗	+24.5%	every 4h
Gate.io↗long	+10.9%	every 4h
OKX↗	+10.9%	every 4h
Aster↗	+10.9%	every 4h
Bitget↗	+10.9%	every 4h
Bybit↗	+10.9%	every 4h
HTX↗	+10.9%	every 4h

Rates 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 Gate.io vs KuCoin page. 24 pairs scanned for APR.

APR arbitrage — 30-day backtest

long Gate.io · short KuCoin

3.5%backtested APR

+$29historical net P&L on $10,000

0.26%max drawdown

$10,000$10,029

30 days agostarting capital $10,000today

Over the last 30 days, holding long Gate.io / short KuCoin would have produced 3.5% APR — versus the 32.0% the live spread implies right now (equity $10,000 → $10,029). 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 →

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APR — FAQ

Is APR funding positive right now?

APR perpetual funding is positive on 10 of 10 venues Perpia tracks. The highest is +48.2% on KuCoin; the lowest is +10.9% on HTX.

What is the best APR funding arbitrage right now?

Go long Gate.io and short KuCoin for about 32.0% net APR after fees — the widest delta-neutral APR spread Perpia currently sees.

Which exchange has the highest APR funding rate?

KuCoin, at +48.2% annualized. Funding shifts continuously, so check the live table above before trading.

How APR 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 APR

also quoted on both Gate.io and KuCoin

The same two exchanges you would already have funded for the APR trade. Every spread between them is on the Gate.io vs KuCoin page.

Open the live scanner →All funding rates Funding by exchange How we calculate this