ERA Funding Rate — live across 9 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized ERA perpetual funding across all 9 venues Perpia tracks. Right now ERA funding is positive on 0 and negative on 9, ranging from -1278.2% on Aster to -1870.0% on Variational — a spread of 591.8%. The widest delta-neutral trade is long KuCoin / short Aster at 437.7% net APR.
ERA funding rate by venue
31 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Aster | -1278.2% | 1h |
| MEXC | -1492.5% | 4h |
| Binance | -1492.6% | 4h |
| Bitget | -1508.3% | 4h |
| Gate.io | -1528.2% | 8h |
| KuCoin | -1722.4% | 4h |
| BingX | -1782.9% | 4h |
| Bybit | -1855.5% | 4h |
| Variational | -1870.0% | 4h |
Rates annualized; updated ~every few minutes from live venue data.
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ERA funding — FAQ
Is ERA funding positive right now?
ERA perpetual funding is positive on 0 of 9 venues Perpia tracks and negative on 9. The highest is -1278.2% on Aster; the lowest is -1870.0% on Variational.
What is the best ERA funding arbitrage right now?
Go long KuCoin and short Aster for about 437.7% net APR after fees — the widest delta-neutral ERA spread Perpia currently sees.
Which exchange has the highest ERA funding rate?
Aster, at -1278.2% annualized. Funding shifts continuously, so check the live table above before trading.
How ERA 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.