CYS Funding Rate — live across 7 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized CYS perpetual funding across all 7 venues Perpia tracks. Right now CYS funding is positive on 7 and negative on 0, ranging from +49.5% on BingX to +10.9% on KuCoin — a spread of 38.5%. The widest delta-neutral trade is long Bybit / short BingX at 30.7% net APR.
CYS funding rate by venue
14 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| BingX | +49.5% | 4h |
| Binance | +24.5% | 8h |
| MEXC | +24.4% | 8h |
| Bybit | +10.9% | 4h |
| Gate.io | +10.9% | 4h |
| Bitget | +10.9% | 4h |
| KuCoin | +10.9% | 4h |
Rates annualized; updated ~every few minutes from live venue data.
Loading CYS backtest…
CYS funding — FAQ
Is CYS funding positive right now?
CYS perpetual funding is positive on 7 of 7 venues Perpia tracks. The highest is +49.5% on BingX; the lowest is +10.9% on KuCoin.
What is the best CYS funding arbitrage right now?
Go long Bybit and short BingX for about 30.7% net APR after fees — the widest delta-neutral CYS spread Perpia currently sees.
Which exchange has the highest CYS funding rate?
BingX, at +49.5% annualized. Funding shifts continuously, so check the live table above before trading.
How CYS 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.