CHF Funding Rate — perpetuals across 2 venues

TradFi perpetual · compared across 2 venues · net of estimated fees · updated every few minutes

CHF is an equity-linked perpetual referencing CHF, traded on-chain (not a tokenized xStock). Perpia compares its annualized funding across venues and the best delta-neutral spread.

Live annualized CHF perpetual funding across all 2 venues Perpia tracks. Right now CHF funding is positive on 2 and negative on 0, ranging from +21.5% on MEXC to +5.0% on Vest — a spread of 16.5%. The widest delta-neutral trade is long Vest / short MEXC at 14.8% net APR.

venues

paying positive

16.5%

funding spread

Best CHF spread now

14.8%

net APR after fees

Long Vest→Short MEXC

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

CHF funding trend & liquidity

168h of history

16.5%

current gross APR

6.1%

24h average

10.7%

7-day average

$1.5M

pair OI · lower leg

$78K

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.

CHF funding rate history

30d · 6h buckets · 3 venues

29.2%0-19.8%

8 Aug7 Sep

CHF — average across 3 venuesMEXCVestOstium

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: +8.0%. A break in a line means no data was recorded for that stretch, not a zero rate.

CHF funding rate by venue

1 pairs scanned

Venue	Funding APR	Interval
MEXC ↗	+21.5%	4h
Vest ↗	+5.0%	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 Vest vs MEXC page.

CHF arbitrage — 30-day backtest

long Vest · short MEXC

9.8%

backtested APR

+$81

historical net P&L on $10,000

0.11%

max drawdown

$10,000$10,081

30 days agostarting capital $10,000today

Over the last 30 days, holding long Vest / short MEXC would have produced 9.8% APR — versus the 14.8% the live spread implies right now (equity $10,000 → $10,081). 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 →

Loading CHF backtest…

CHF funding — FAQ

Is CHF funding positive right now?

CHF perpetual funding is positive on 2 of 2 venues Perpia tracks. The highest is +21.5% on MEXC; the lowest is +5.0% on Vest.

What is the best CHF funding arbitrage right now?

Go long Vest and short MEXC for about 14.8% net APR after fees — the widest delta-neutral CHF spread Perpia currently sees.

Which exchange has the highest CHF funding rate?

MEXC, at +21.5% annualized. Funding shifts continuously, so check the live table above before trading.

How CHF 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 CHF

Markets also quoted on both MEXC and Vest — the same two exchanges you would already have funded for the CHF trade.

See every spread between them on the MEXC vs Vest page.

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