CNPY Funding Rate — live across 4 venues
Compared across 4 supported venues · net of estimated fees · updated every few minutes
Live annualized CNPY perpetual funding across all 4 venues Perpia tracks. Right now CNPY funding is positive on 3 and negative on 1, ranging from +63.2% on OKX to -63.7% on Gate.io — a spread of 126.9%. The widest delta-neutral trade is long Gate.io / short OKX at 119.8% net APR.
CNPY funding trend & liquidity
2h of historyAverages 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.
CNPY funding rate by venue
5 pairs scannedRates 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 Gate.io vs OKX page.
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CNPY funding — FAQ
Is CNPY funding positive right now?
CNPY perpetual funding is positive on 3 of 4 venues Perpia tracks and negative on 1. The highest is +63.2% on OKX; the lowest is -63.7% on Gate.io.
What is the best CNPY funding arbitrage right now?
Go long Gate.io and short OKX for about 119.8% net APR after fees — the widest delta-neutral CNPY spread Perpia currently sees.
Which exchange has the highest CNPY funding rate?
OKX, at +63.2% annualized. Funding shifts continuously, so check the live table above before trading.
How CNPY 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 CNPY
Markets also quoted on both Gate.io and OKX — the same two exchanges you would already have funded for the CNPY trade.
See every spread between them on the Gate.io vs OKX page.