BAS Funding Rate — live across 6 venues

Compared across 6 supported venues · net of estimated fees · updated every few minutes

Live annualized BAS perpetual funding across all 6 venues Perpia tracks. Right now BAS funding is positive on 6 and negative on 0, ranging from +47.5% on Aster to +10.9% on KuCoin — a spread of 36.6%. The widest delta-neutral trade is long Gate.io / short Aster at 32.4% net APR.

venues

paying positive

36.6%

funding spread

Best BAS spread now

32.4%

net APR after fees

Long Gate.io→Short Aster

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

BAS funding trend & liquidity

168h of history

36.6%

current gross APR

11.7%

24h average

6.7%

7-day average

$127K

pair OI · lower leg

$213K

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.

BAS funding rate history

30d · 6h buckets · 6 venues

133%0-119.6%

3 Aug1 Sep

BAS — average across 6 venuesAsterExtendedBinanceKuCoin

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: +18.6%. A break in a line means no data was recorded for that stretch, not a zero rate.

BAS funding rate by venue

5 pairs scanned

Venue	Funding APR	Interval
Aster ↗	+47.5%	4h
Gate.io ↗	+10.9%	4h
MEXC ↗	+10.9%	4h
Binance ↗	+10.9%	4h
BingX ↗	+10.9%	4h
KuCoin ↗	+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 Gate.io vs Aster page.

BAS arbitrage — 30-day backtest

long Gate.io · short Aster

20.1%

backtested APR

+$165

historical net P&L on $10,000

0.10%

max drawdown

$10,000$10,165

30 days agostarting capital $10,000today

Over the last 30 days, holding long Gate.io / short Aster would have produced 20.1% APR — versus the 32.4% the live spread implies right now (equity $10,000 → $10,165). 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 BAS backtest…

BAS funding — FAQ

Is BAS funding positive right now?

BAS perpetual funding is positive on 6 of 6 venues Perpia tracks. The highest is +47.5% on Aster; the lowest is +10.9% on KuCoin.

What is the best BAS funding arbitrage right now?

Go long Gate.io and short Aster for about 32.4% net APR after fees — the widest delta-neutral BAS spread Perpia currently sees.

Which exchange has the highest BAS funding rate?

Aster, at +47.5% annualized. Funding shifts continuously, so check the live table above before trading.

How BAS 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 BAS

Markets also quoted on both Aster and Gate.io — the same two exchanges you would already have funded for the BAS trade.

See every spread between them on the Aster vs Gate.io page.

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