BNC Funding Rate — live across 2 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized BNC perpetual funding across all 2 venues Perpia tracks. Right now BNC funding is positive on 2 and negative on 0, ranging from +304.4% on Bitget to +55.3% on Bybit — a spread of 249.1%. The widest delta-neutral trade is long Bybit / short Bitget at 242.3% net APR.
BNC funding rate by venue
1 pairs scannedRates annualized; updated ~every few minutes from live venue data.
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BNC funding — FAQ
Is BNC funding positive right now?
BNC perpetual funding is positive on 2 of 2 venues Perpia tracks. The highest is +304.4% on Bitget; the lowest is +55.3% on Bybit.
What is the best BNC funding arbitrage right now?
Go long Bybit and short Bitget for about 242.3% net APR after fees — the widest delta-neutral BNC spread Perpia currently sees.
Which exchange has the highest BNC funding rate?
Bitget, at +304.4% annualized. Funding shifts continuously, so check the live table above before trading.
How BNC 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.