ASP Funding Rate — live across 2 venues

25 DEX + 8 CEX · net of fees · updated every few minutes

Live annualized ASP perpetual funding across all 2 venues Perpia tracks. Right now ASP funding is positive on 2 and negative on 0, ranging from +10.9% on Bybit to +5.5% on MEXC — a spread of 5.5%. The widest delta-neutral trade is long MEXC / short Bybit at 1.1% net APR.

venues

paying positive

5.5%

funding spread

Best ASP spread now

1.1%

net APR after fees

Long MEXC→Short Bybit

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

ASP funding trend & liquidity

167h of history

5.5%

current gross APR

4.6%

24h average

1.6%

7-day average

$210K

open interest

$181K

24h volume

Averages are realized funding over the window shown. When the current rate sits near the 7-day average the spread is persistent; a current rate far above it is usually a short-lived spike.

ASP funding rate by venue

1 pairs scanned

Venue	Funding APR	Interval
Bybit	+10.9%	4h
MEXC	+5.5%	8h

Rates annualized; updated ~every few minutes from live venue data.

ASP arbitrage — 30-day backtest

long MEXC · short Bybit

5.4%

realized APR

+$45

net P&L on $10,000

0.20%

max drawdown

$10,000$10,045

30 days agostarting capital $10,000today

Over the last 30 days, holding long MEXC / short Bybit realized 5.4% APR — versus the 1.1% the live spread implies right now (equity $10,000 → $10,045). Funding drifts and decays, so realized returns rarely match the live headline — which is why size and holding window matter more than the top-line number.

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ASP funding — FAQ

Is ASP funding positive right now?

ASP perpetual funding is positive on 2 of 2 venues Perpia tracks. The highest is +10.9% on Bybit; the lowest is +5.5% on MEXC.

What is the best ASP funding arbitrage right now?

Go long MEXC and short Bybit for about 1.1% net APR after fees — the widest delta-neutral ASP spread Perpia currently sees.

Which exchange has the highest ASP funding rate?

Bybit, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.

How ASP 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 the realized backtest, so you filter instead of chasing the headline number.

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