BTR Funding Rate — live across 7 venues
Compared across 7 supported venues · net of estimated fees · updated every few minutes
Live annualized BTR perpetual funding across all 7 venues Perpia tracks. Right now BTR funding is positive on 0 and negative on 7, ranging from -28.0% on BingX to -968.9% on KuCoin — a spread of 940.8%. The widest delta-neutral trade is long KuCoin / short Aster at 474.8% net APR.
BTR 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.
BTR funding rate by venue
14 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| BingX↗ | -28.0% | 4h |
| Bybit↗ | -32.2% | 4h |
| Gate.io↗ | -167.1% | 8h |
| MEXC↗ | -459.7% | 4h |
| Binance↗ | -460.8% | 4h |
| Aster↗ | -485.6% | 4h |
| KuCoin↗ | -968.9% | 4h |
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 KuCoin vs Aster page.
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BTR funding — FAQ
Is BTR funding positive right now?
BTR perpetual funding is positive on 0 of 7 venues Perpia tracks and negative on 7. The highest is -28.0% on BingX; the lowest is -968.9% on KuCoin.
What is the best BTR funding arbitrage right now?
Go long KuCoin and short Aster for about 474.8% net APR after fees — the widest delta-neutral BTR spread Perpia currently sees.
Which exchange has the highest BTR funding rate?
BingX, at -28.0% annualized. Funding shifts continuously, so check the live table above before trading.
How BTR 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 BTR
Markets also quoted on both Aster and KuCoin — the same two exchanges you would already have funded for the BTR trade.
See every spread between them on the Aster vs KuCoin page.