B2 Funding Rate — live across 7 venues

Compared across 7 supported venues · net of estimated fees · updated every few minutes

Live annualized B2 perpetual funding across all 7 venues Perpia tracks. Right now B2 funding is positive on 7 and negative on 0, ranging from +36.4% on KuCoin to +10.9% on Bybit — a spread of 25.4%. The widest delta-neutral trade is long Bitget / short KuCoin at 19.1% net APR.

venues

paying positive

25.4%

funding spread

Best B2 spread now

19.1%

net APR after fees

Long Bitget→Short KuCoin

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

B2 funding trend & liquidity

168h of history

25.4%

current gross APR

8.0%

24h average

7.6%

7-day average

$450K

pair OI · lower leg

$26K

24h 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.

B2 funding rate history

30d · 6h buckets · 8 venues

266%0-19.7%

3 Aug2 Sep

B2 — average across 8 venuesAsterBinanceBitgetKuCoin

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +38.3%. A break in a line means no data was recorded for that stretch, not a zero rate.

B2 funding rate by venue

15 pairs scanned

Venue	Funding APR	Interval
KuCoin ↗	+36.4%	4h
BingX ↗	+33.1%	4h
MEXC ↗	+28.9%	4h
Binance ↗	+27.9%	4h
Bitget ↗	+10.9%	4h
Gate.io ↗	+10.9%	4h
Bybit ↗	+10.9%	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 Bitget vs KuCoin page.

B2 arbitrage — 30-day backtest

long Bitget · short KuCoin

13.7%

backtested APR

+$113

historical net P&L on $10,000

0.09%

max drawdown

$10,000$10,113

30 days agostarting capital $10,000today

Over the last 30 days, holding long Bitget / short KuCoin would have produced 13.7% APR — versus the 19.1% the live spread implies right now (equity $10,000 → $10,113). 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 →

Loading B2 backtest…

B2 funding — FAQ

Is B2 funding positive right now?

B2 perpetual funding is positive on 7 of 7 venues Perpia tracks. The highest is +36.4% on KuCoin; the lowest is +10.9% on Bybit.

What is the best B2 funding arbitrage right now?

Go long Bitget and short KuCoin for about 19.1% net APR after fees — the widest delta-neutral B2 spread Perpia currently sees.

Which exchange has the highest B2 funding rate?

KuCoin, at +36.4% annualized. Funding shifts continuously, so check the live table above before trading.

How B2 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 B2

Markets also quoted on both Bitget and KuCoin — the same two exchanges you would already have funded for the B2 trade.

See every spread between them on the Bitget vs KuCoin page.

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