COST Funding Rate — live across 6 venues

25 DEX + 8 CEX · net of fees · updated continuously

Live annualized COST perpetual funding across all 6 venues Perpia tracks. Right now COST funding is positive on 3 and negative on 0, ranging from +10.9% on KuCoin to +0.0% on OKX — a spread of 10.9%. The widest delta-neutral trade is long Bitget / short Hyperliquid at 2.1% net APR.

6
venues
3
paying positive
10.9%
funding spread
Best COST spread now
2.1%
net APR after fees
Long BitgetShort Hyperliquid
size depends on live venue depth — see the real cap in the scanner

COST funding rate by venue

9 pairs scanned
VenueFunding APRInterval
KuCoin+10.9%8h
Hyperliquid+5.5%1h
trade.xyz+5.5%1h
Bitget+0.0%8h
Variational+0.0%8h
OKX+0.0%8h

Rates annualized; updated ~every few minutes from live venue data.

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COST funding — FAQ

Is COST funding positive right now?

COST perpetual funding is positive on 3 of 6 venues Perpia tracks. The highest is +10.9% on KuCoin; the lowest is +0.0% on OKX.

What is the best COST funding arbitrage right now?

Go long Bitget and short Hyperliquid for about 2.1% net APR after fees — the widest delta-neutral COST spread Perpia currently sees.

Which exchange has the highest COST funding rate?

KuCoin, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.

How COST 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.