BNB Funding Rate — live across 25 venues
Perpetual funding · compared across 25 venues · net of estimated fees · updated every few minutesLive annualized BNB perpetual funding across all 25 venues Perpia tracks. Right now BNB funding is positive on 23 and negative on 0, ranging from +18.9% on BackPack to +0.0% on Ostium — a spread of 18.9%. The widest delta-neutral trade is long dYdX / short BackPack at 16.1% 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.
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Build a route
any two of the 25 venuesThis is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.
Venues: pick the two legs
sorted by rate · 25 venues| Venue | Funding APR ↓ | Interval | Use as |
|---|---|---|---|
| BackPack↗short | +18.9% | every 1h | |
| Variational↗ | +10.9% | every 8h | |
| Vest↗ | +10.9% | every 1h | |
| Hyperliquid↗ | +10.9% | every 1h | |
| BingX↗ | +10.9% | every 8h | |
| Gate.io↗ | +10.9% | every 8h | |
| Bybit↗ | +10.9% | every 8h | |
| Sodex↗ | +10.9% | every 1h | |
| OKX↗ | +10.9% | every 8h | |
| Arcus↗ | +10.9% | every 1h | |
| Pacifica↗ | +10.9% | every 1h | |
| ApeX↗ | +10.9% | every 1h | |
| Nado↗ | +10.9% | every 24h | |
| KuCoin↗ | +10.7% | every 8h | |
| Lighter↗ | +7.9% | every 8h | |
| Extended↗ | +7.0% | every 1h | |
| Binance↗ | +6.1% | every 8h | |
| MEXC↗ | +6.0% | every 8h | |
| HTX↗ | +5.3% | every 8h | |
| Risex↗ | +2.8% | every 1h | |
| Bitget↗ | +2.0% | every 8h | |
| Aster↗ | +0.7% | every 8h | |
| dYdX↗long | +0.1% | every 1h | |
| GMTrade↗ | +0.0% | every 1h | |
| Ostium↗ | +0.0% | every 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 dYdX vs BackPack page. 162 pairs scanned for BNB.
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BNB — FAQ
Is BNB funding positive right now?
BNB perpetual funding is positive on 23 of 25 venues Perpia tracks. The highest is +18.9% on BackPack; the lowest is +0.0% on Ostium.
What is the best BNB funding arbitrage right now?
Go long dYdX and short BackPack for about 16.1% net APR after fees — the widest delta-neutral BNB spread Perpia currently sees.
Which exchange has the highest BNB funding rate?
BackPack, at +18.9% 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
also quoted on both BackPack and dYdXThe same two exchanges you would already have funded for the BNB trade. Every spread between them is on the BackPack vs dYdX page.