CTC Funding Rate — live across 3 venues

25 DEX + 8 CEX · net of fees · updated every few minutes

Live annualized CTC perpetual funding across all 3 venues Perpia tracks. Right now CTC funding is positive on 3 and negative on 0, ranging from +10.9% on Bybit to +5.5% on MEXC — a spread of 5.5%. The widest delta-neutral trade is long MEXC / short Bybit at 1.1% net APR.

3
venues
3
paying positive
5.5%
funding spread
Best CTC spread now
1.1%
net APR after fees
Long MEXCShort Bybit
size depends on live venue depth — see the real cap in the scanner

CTC funding trend & liquidity

168h of history
5.5%
current gross APR
5.5%
24h average
5.5%
7-day average
$3.1M
open interest
$145K
24h volume

Averages are realized funding over the window shown. When the current rate sits near the 7-day average the spread is persistent; a current rate far above it is usually a short-lived spike.

CTC funding rate by venue

2 pairs scanned
VenueFunding APRInterval
Bybit+10.9%4h
Gate.io+10.9%8h
MEXC+5.5%8h

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

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CTC funding — FAQ

Is CTC funding positive right now?

CTC perpetual funding is positive on 3 of 3 venues Perpia tracks. The highest is +10.9% on Bybit; the lowest is +5.5% on MEXC.

What is the best CTC funding arbitrage right now?

Go long MEXC and short Bybit for about 1.1% net APR after fees — the widest delta-neutral CTC spread Perpia currently sees.

Which exchange has the highest CTC funding rate?

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

How CTC 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 the realized backtest, so you filter instead of chasing the headline number.