BILL Funding Rate — live across 10 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized BILL perpetual funding across all 10 venues Perpia tracks. Right now BILL funding is positive on 2 and negative on 8, ranging from +6.8% on Gate.io to -56.1% on OKX — a spread of 62.9%. The widest delta-neutral trade is long OKX / short Gate.io at 59.2% net APR.
BILL funding rate by venue
31 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Gate.io | +6.8% | 4h |
| BackPack | +4.0% | 1h |
| BingX | -1.1% | 4h |
| Bybit | -1.4% | 4h |
| Aster | -1.6% | 1h |
| KuCoin | -15.5% | 4h |
| MEXC | -15.8% | 8h |
| Binance | -15.9% | 8h |
| Bitget | -53.2% | 4h |
| OKX | -56.1% | 4h |
Rates annualized; updated ~every few minutes from live venue data.
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BILL funding — FAQ
Is BILL funding positive right now?
BILL perpetual funding is positive on 2 of 10 venues Perpia tracks and negative on 8. The highest is +6.8% on Gate.io; the lowest is -56.1% on OKX.
What is the best BILL funding arbitrage right now?
Go long OKX and short Gate.io for about 59.2% net APR after fees — the widest delta-neutral BILL spread Perpia currently sees.
Which exchange has the highest BILL funding rate?
Gate.io, at +6.8% annualized. Funding shifts continuously, so check the live table above before trading.
How BILL 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.