BNB Funding Rate — live across 25 venues
Compared across 25 supported venues · net of estimated fees · updated every few minutes
Live annualized BNB perpetual funding across all 25 venues Perpia tracks. Right now BNB funding is positive on 21 and negative on 1, ranging from +60.6% on Risex to -17.2% on Pacifica — a spread of 77.8%. The widest delta-neutral trade is long Pacifica / short Risex at 75.3% net APR.
BNB funding trend & liquidity
168h of historyAverages 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.
BNB funding rate by venue
133 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Risex↗ | +60.6% | 1h |
| dYdX↗ | +49.7% | 1h |
| Hyperliquid↗ | +35.0% | 1h |
| Extended↗ | +31.5% | 1h |
| Nado↗ | +10.9% | 24h |
| Variational↗ | +10.9% | 8h |
| Vest↗ | +10.9% | 1h |
| OKX↗ | +10.9% | 8h |
| Sodex↗ | +10.9% | 1h |
| BackPack↗ | +10.9% | 1h |
| Arcus↗ | +10.9% | 1h |
| BingX↗ | +10.9% | 8h |
| Gate.io↗ | +10.9% | 8h |
| Bitget↗ | +10.9% | 8h |
| Bybit↗ | +10.9% | 8h |
| KuCoin↗ | +10.9% | 8h |
| ApeX↗ | +10.9% | 1h |
| Lighter↗ | +10.5% | 8h |
| Binance↗ | +9.5% | 8h |
| MEXC↗ | +9.3% | 8h |
| GMTrade↗ | +0.0% | 1h |
| Aster↗ | +0.0% | 8h |
| HyENA↗ | +0.0% | 1h |
| Ostium↗ | +0.0% | 1h |
| Pacifica↗ | -17.2% | 1h |
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 Pacifica vs Risex page.
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BNB funding — FAQ
Is BNB funding positive right now?
BNB perpetual funding is positive on 21 of 25 venues Perpia tracks and negative on 1. The highest is +60.6% on Risex; the lowest is -17.2% on Pacifica.
What is the best BNB funding arbitrage right now?
Go long Pacifica and short Risex for about 75.3% net APR after fees — the widest delta-neutral BNB spread Perpia currently sees.
Which exchange has the highest BNB funding rate?
Risex, at +60.6% annualized. Funding shifts continuously, so check the live table above before trading.
How BNB 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 BNB
Markets also quoted on both Pacifica and Risex — the same two exchanges you would already have funded for the BNB trade.
See every spread between them on the Pacifica vs Risex page.