BULLA Funding Rate — live across 4 venues

Compared across 4 supported venues · net of estimated fees · updated every few minutes

Live annualized BULLA perpetual funding across all 4 venues Perpia tracks. Right now BULLA funding is positive on 4 and negative on 0, ranging from +359.8% on Binance to +237.1% on Aster — a spread of 122.6%. The widest delta-neutral trade is long Aster / short Binance at 118.1% net APR.

venues

paying positive

122.6%

funding spread

Best BULLA spread now

118.1%

net APR after fees

Long Aster→Short Binance

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

BULLA funding trend & liquidity

168h of history

122.6%

current gross APR

29.6%

24h average

13.3%

7-day average

$3.6M

pair OI · lower leg

$23.7M

24h 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.

BULLA funding rate history

30d · 6h buckets · 4 venues

356%0-201.8%

6 Aug5 Sep

BULLA — average across 4 venuesAsterBinanceMEXCGate.io

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +38.2%. A break in a line means no data was recorded for that stretch, not a zero rate.

BULLA funding rate by venue

5 pairs scanned

Venue	Funding APR	Interval
Binance ↗	+359.8%	4h
MEXC ↗	+357.0%	4h
Gate.io ↗	+271.8%	4h
Aster ↗	+237.1%	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 Aster vs Binance page.

BULLA arbitrage — 30-day backtest

long Aster · short Binance

-24.0%

backtested APR

−$197

historical net P&L on $10,000

2.30%

max drawdown

$10,000$9,803

30 days agostarting capital $10,000today

Over the last 30 days, holding long Aster / short Binance would have produced -24.0% APR — versus the 118.1% the live spread implies right now (equity $10,000 → $9,803). 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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BULLA funding — FAQ

Is BULLA funding positive right now?

BULLA perpetual funding is positive on 4 of 4 venues Perpia tracks. The highest is +359.8% on Binance; the lowest is +237.1% on Aster.

What is the best BULLA funding arbitrage right now?

Go long Aster and short Binance for about 118.1% net APR after fees — the widest delta-neutral BULLA spread Perpia currently sees.

Which exchange has the highest BULLA funding rate?

Binance, at +359.8% annualized. Funding shifts continuously, so check the live table above before trading.

How BULLA 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 BULLA

Markets also quoted on both Aster and Binance — the same two exchanges you would already have funded for the BULLA trade.

See every spread between them on the Aster vs Binance page.

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