ARB Funding Rate — live across 17 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized ARB perpetual funding across all 17 venues Perpia tracks. Right now ARB funding is positive on 11 and negative on 4, ranging from +11.4% on Extended to -24.1% on Hyperliquid — a spread of 35.5%. The widest delta-neutral trade is long Hyperliquid / short BingX at 32.7% net APR.
ARB funding rate by venue
95 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Extended | +11.4% | 1h |
| BingX | +10.9% | 8h |
| KuCoin | +10.9% | 8h |
| Aster | +10.9% | 8h |
| BackPack | +10.9% | 1h |
| Bitget | +10.9% | 8h |
| ApeX | +10.9% | 1h |
| Lighter | +10.5% | 8h |
| OKX | +2.3% | 8h |
| MEXC | +2.3% | 8h |
| Binance | +0.2% | 8h |
| dYdX | +0.0% | 1h |
| GMTrade | +0.0% | 1h |
| Bybit | -13.5% | 8h |
| Variational | -17.5% | 8h |
| Gate.io | -21.7% | 8h |
| Hyperliquid | -24.1% | 1h |
Rates annualized; updated ~every few minutes from live venue data.
Loading ARB backtest…
ARB funding — FAQ
Is ARB funding positive right now?
ARB perpetual funding is positive on 11 of 17 venues Perpia tracks and negative on 4. The highest is +11.4% on Extended; the lowest is -24.1% on Hyperliquid.
What is the best ARB funding arbitrage right now?
Go long Hyperliquid and short BingX for about 32.7% net APR after fees — the widest delta-neutral ARB spread Perpia currently sees.
Which exchange has the highest ARB funding rate?
Extended, at +11.4% annualized. Funding shifts continuously, so check the live table above before trading.
How ARB 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.