BOT Funding Rate — live across 6 venues

Perpetual funding · compared across 6 venues · net of estimated fees · updated every few minutes

Live annualized BOT perpetual funding across all 6 venues Perpia tracks. Right now BOT funding is positive on 3 and negative on 0, ranging from +47.6% on trade.xyz to +0.0% on Gate.io — a spread of 47.6%. The widest delta-neutral trade is long Bybit / short Hyperliquid at 39.8% net APR.

6venues

3paying positive

47.6%funding spread

Best BOT spread now

39.8%

net APR after fees

LongBybit↗→ShortHyperliquid↗

size depends on live venue depth — see the real cap in the scanner

BOT funding trend & liquidity

168h of history

46.3%current gross APR

27.3%24h average

61.6%7-day average

$328Kpair OI · lower leg

$236K24h volume · lower leg

Averages 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.

BOT · Bybit → Hyperliquid — no history

Loading BOT rate history…

Build a route

any two of the 6 venues

Long (pays you)every 8hShort (you collect)every 1h

Gross spread+46.3%+$12.69 / day on $10,000

Widest routes

This route is 1 pp below the widest one right now (Bybit → trade.xyz). 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 · 6 venues

Venue	Funding APR ↓	Interval
trade.xyz↗	+47.6%	every 1h
Hyperliquid↗short	+46.3%	every 1h
Arcus↗	+4.4%	every 1h
Bybit↗long	+0.0%	every 8h
KuCoin↗	+0.0%	every 8h
Gate.io↗	+0.0%	every 8h

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 Bybit vs Hyperliquid page. 7 pairs scanned for BOT.

BOT arbitrage — 30-day backtest

long Bybit · short Hyperliquid

-2.2%backtested APR

−$18historical net P&L on $10,000

1.83%max drawdown

$10,000$9,982

30 days agostarting capital $10,000today

Over the last 30 days, holding long Bybit / short Hyperliquid would have produced -2.2% APR — versus the 39.8% the live spread implies right now (equity $10,000 → $9,982). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

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BOT — FAQ

Is BOT funding positive right now?

BOT perpetual funding is positive on 3 of 6 venues Perpia tracks. The highest is +47.6% on trade.xyz; the lowest is +0.0% on Gate.io.

What is the best BOT funding arbitrage right now?

Go long Bybit and short Hyperliquid for about 39.8% net APR after fees — the widest delta-neutral BOT spread Perpia currently sees.

Which exchange has the highest BOT funding rate?

trade.xyz, at +47.6% annualized. Funding shifts continuously, so check the live table above before trading.

How BOT 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 BOT

also quoted on both Bybit and Hyperliquid

The same two exchanges you would already have funded for the BOT trade. Every spread between them is on the Bybit vs Hyperliquid page.

Open the live scanner →All funding rates Funding by exchange How we calculate this