CL Funding Rate — live across 8 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized CL perpetual funding across all 8 venues Perpia tracks. Right now CL funding is positive on 2 and negative on 4, ranging from +10.9% on KuCoin to -19.6% on Gate.io — a spread of 30.6%. The widest delta-neutral trade is long Gate.io / short KuCoin at 28.0% net APR.
CL funding rate by venue
19 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| KuCoin | +10.9% | 4h |
| Sodex | +5.5% | 1h |
| Aster | +0.0% | 4h |
| Bybit | +0.0% | 4h |
| OKX | -0.2% | 4h |
| Bitget | -2.8% | 4h |
| Variational | -5.2% | 4h |
| Gate.io | -19.6% | 8h |
Rates annualized; updated ~every few minutes from live venue data.
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CL funding — FAQ
Is CL funding positive right now?
CL perpetual funding is positive on 2 of 8 venues Perpia tracks and negative on 4. The highest is +10.9% on KuCoin; the lowest is -19.6% on Gate.io.
What is the best CL funding arbitrage right now?
Go long Gate.io and short KuCoin for about 28.0% net APR after fees — the widest delta-neutral CL spread Perpia currently sees.
Which exchange has the highest CL funding rate?
KuCoin, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How CL 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.