BNB Funding Rate — live across 24 venues

25 DEX + 8 CEX · net of fees · updated continuously

Live annualized BNB perpetual funding across all 24 venues Perpia tracks. Right now BNB funding is positive on 22 and negative on 0, ranging from +72.6% on BackPack to +0.0% on Ostium — a spread of 72.6%. The widest delta-neutral trade is long dYdX / short BackPack at 70.0% net APR.

24
venues
22
paying positive
72.6%
funding spread
Best BNB spread now
70.0%
net APR after fees
Long dYdXShort BackPack
size depends on live venue depth — see the real cap in the scanner

BNB funding rate by venue

158 pairs scanned
VenueFunding APRInterval
BackPack+72.6%1h
BingX+18.5%8h
Aster+18.4%8h
Binance+18.3%8h
MEXC+18.3%8h
Sodex+13.4%1h
Risex+13.2%1h
Extended+11.4%1h
Vest+10.9%1h
Nado+10.9%24h
Gate.io+10.9%8h
EdgeX+10.9%4h
Hyperliquid+10.9%1h
Pacifica+10.9%1h
Bitget+10.9%8h
KuCoin+10.9%8h
ApeX+10.9%1h
Lighter+10.5%8h
Variational+6.9%8h
OKX+6.0%8h
Bybit+5.5%8h
GMTrade+1.1%1h
dYdX+0.0%1h
Ostium+0.0%1h

Rates annualized; updated ~every few minutes from live venue data.

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BNB funding — FAQ

Is BNB funding positive right now?

BNB perpetual funding is positive on 22 of 24 venues Perpia tracks. The highest is +72.6% 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 70.0% net APR after fees — the widest delta-neutral BNB spread Perpia currently sees.

Which exchange has the highest BNB funding rate?

BackPack, at +72.6% annualized. Funding shifts continuously, so check the live table above before trading.

How BNB 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.