AUCTION Funding Rate — live across 8 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized AUCTION perpetual funding across all 8 venues Perpia tracks. Right now AUCTION funding is positive on 8 and negative on 0, ranging from +98.0% on Bybit to +5.5% on Binance — a spread of 92.6%. The widest delta-neutral trade is long MEXC / short Bybit at 89.9% net APR.
AUCTION funding rate by venue
15 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Bybit | +98.0% | 4h |
| BingX | +89.6% | 4h |
| Gate.io | +10.9% | 8h |
| OKX | +10.9% | 4h |
| Bitget | +10.9% | 4h |
| KuCoin | +10.9% | 4h |
| MEXC | +5.5% | 8h |
| Binance | +5.5% | 8h |
Rates annualized; updated ~every few minutes from live venue data.
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AUCTION funding — FAQ
Is AUCTION funding positive right now?
AUCTION perpetual funding is positive on 8 of 8 venues Perpia tracks. The highest is +98.0% on Bybit; the lowest is +5.5% on Binance.
What is the best AUCTION funding arbitrage right now?
Go long MEXC and short Bybit for about 89.9% net APR after fees — the widest delta-neutral AUCTION spread Perpia currently sees.
Which exchange has the highest AUCTION funding rate?
Bybit, at +98.0% annualized. Funding shifts continuously, so check the live table above before trading.
How AUCTION 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.