DIS Funding Rate — perpetuals across 3 venues

TradFi perpetual · compared across 3 venues · net of estimated fees · updated every few minutes

DIS is an equity-linked perpetual referencing DIS, traded on-chain (not a tokenized xStock). Perpia compares its annualized funding across venues and the best delta-neutral spread.

Live annualized DIS perpetual funding across all 3 venues Perpia tracks. Right now DIS funding is positive on 1 and negative on 0, ranging from +10.9% on KuCoin to +0.0% on Gate.io — a spread of 10.9%. The widest delta-neutral trade is long Variational / short KuCoin at 5.9% net APR.

3venues

1paying positive

10.9%funding spread

Best DIS spread now

5.9%

net APR after fees

LongVariational↗→ShortKuCoin↗

size depends on live venue depth — see the real cap in the scanner

DIS funding trend & liquidity

168h of history

10.9%current gross APR

10.9%24h average

-3.9%7-day average

$12Kpair OI · lower leg

$128K24h volume · lower leg

Averages 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.

DIS · Variational → KuCoin — no history

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Build a route

any two of the 3 venues

Long (pays you)every 8hShort (you collect)every 8h

Gross spread+10.9%+$3.00 / day on $10,000

Widest routes

This is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.

Venues: pick the two legs

sorted by rate · 3 venues

Venue	Funding APR ↓	Interval
KuCoin↗short	+10.9%	every 8h
Variational↗long	+0.0%	every 8h
Gate.io↗	+0.0%	every 8h

Rates 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 Variational vs KuCoin page. 2 pairs scanned for DIS.

DIS arbitrage — 30-day backtest

long Variational · short KuCoin

0.4%backtested APR

+$3historical net P&L on $10,000

0.36%max drawdown

$10,000$10,003

30 days agostarting capital $10,000today

Over the last 30 days, holding long Variational / short KuCoin would have produced 0.4% APR — versus the 5.9% the live spread implies right now (equity $10,000 → $10,003). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

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DIS — FAQ

Is DIS funding positive right now?

DIS perpetual funding is positive on 1 of 3 venues Perpia tracks. The highest is +10.9% on KuCoin; the lowest is +0.0% on Gate.io.

What is the best DIS funding arbitrage right now?

Go long Variational and short KuCoin for about 5.9% net APR after fees — the widest delta-neutral DIS spread Perpia currently sees.

Which exchange has the highest DIS funding rate?

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

How DIS 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 DIS

also quoted on both KuCoin and Variational

The same two exchanges you would already have funded for the DIS trade. Every spread between them is on the KuCoin vs Variational page.

Open the live scanner →All funding rates Funding by exchange How we calculate this