CC Funding Rate — live across 11 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized CC perpetual funding across all 11 venues Perpia tracks. Right now CC funding is positive on 10 and negative on 1, ranging from +10.9% on Hyperliquid to -9.7% on OKX — a spread of 20.6%. The widest delta-neutral trade is long OKX / short Hyperliquid at 18.4% net APR.
CC funding rate by venue
29 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Hyperliquid | +10.9% | 1h |
| Variational | +10.9% | 4h |
| Bitget | +10.9% | 4h |
| Gate.io | +10.9% | 4h |
| KuCoin | +10.9% | 4h |
| BingX | +10.9% | 4h |
| Lighter | +10.5% | 8h |
| Bybit | +5.4% | 4h |
| Binance | +4.7% | 8h |
| MEXC | +2.6% | 8h |
| OKX | -9.7% | 4h |
Rates annualized; updated ~every few minutes from live venue data.
Loading CC backtest…
CC funding — FAQ
Is CC funding positive right now?
CC perpetual funding is positive on 10 of 11 venues Perpia tracks and negative on 1. The highest is +10.9% on Hyperliquid; the lowest is -9.7% on OKX.
What is the best CC funding arbitrage right now?
Go long OKX and short Hyperliquid for about 18.4% net APR after fees — the widest delta-neutral CC spread Perpia currently sees.
Which exchange has the highest CC funding rate?
Hyperliquid, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How CC 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.