C98 Funding Rate — live across 6 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized C98 perpetual funding across all 6 venues Perpia tracks. Right now C98 funding is positive on 2 and negative on 4, ranging from +10.9% on Bybit to -50.0% on Binance — a spread of 61.0%. The widest delta-neutral trade is long MEXC / short Bybit at 57.9% net APR.
C98 funding rate by venue
10 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Bybit | +10.9% | 8h |
| Bitget | +10.9% | 8h |
| Gate.io | -22.8% | 8h |
| KuCoin | -26.8% | 8h |
| MEXC | -49.9% | 8h |
| Binance | -50.0% | 8h |
Rates annualized; updated ~every few minutes from live venue data.
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C98 funding — FAQ
Is C98 funding positive right now?
C98 perpetual funding is positive on 2 of 6 venues Perpia tracks and negative on 4. The highest is +10.9% on Bybit; the lowest is -50.0% on Binance.
What is the best C98 funding arbitrage right now?
Go long MEXC and short Bybit for about 57.9% net APR after fees — the widest delta-neutral C98 spread Perpia currently sees.
Which exchange has the highest C98 funding rate?
Bybit, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How C98 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.