EUR Funding Rate — perpetuals across 7 venues

TradFi perpetual · compared across 7 venues · net of estimated fees · updated every few minutes

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

Live annualized EUR perpetual funding across all 7 venues Perpia tracks. Right now EUR funding is positive on 4 and negative on 1, ranging from +31.1% on MEXC to -7.0% on Extended — a spread of 38.1%. The widest delta-neutral trade is long Extended / short MEXC at 34.2% net APR.

venues

paying positive

38.1%

funding spread

Best EUR spread now

34.2%

net APR after fees

Long Extended→Short MEXC

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

EUR funding trend & liquidity

169h of history

38.1%

current gross APR

25.0%

24h average

25.2%

7-day average

$6.1M

pair OI · lower leg

$81K

24h 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.

EUR funding rate history

30d · 6h buckets · 9 venues

43.2%0-120.0%

5 Aug4 Sep

EUR — average across 9 venuesExtendedMEXCKinetiqVest

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +3.4%. A break in a line means no data was recorded for that stretch, not a zero rate.

EUR funding rate by venue

6 pairs scanned

Venue	Funding APR	Interval
MEXC ↗	+31.1%	4h
Ostium ↗	+1.2%	1h
Vest ↗	+0.4%	1h
GMTrade ↗	+0.1%	1h
Hyperliquid ↗	+0.0%	1h
trade.xyz ↗	+0.0%	1h
Extended ↗	-7.0%	1h

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 Extended vs MEXC page.

EUR arbitrage — 30-day backtest

long Extended · short MEXC

0.1%

backtested APR

+$1

historical net P&L on $10,000

0.59%

max drawdown

$10,000$10,001

30 days agostarting capital $10,000today

Over the last 30 days, holding long Extended / short MEXC would have produced 0.1% APR — versus the 34.2% the live spread implies right now (equity $10,000 → $10,001). 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 →

Loading EUR backtest…

EUR funding — FAQ

Is EUR funding positive right now?

EUR perpetual funding is positive on 4 of 7 venues Perpia tracks and negative on 1. The highest is +31.1% on MEXC; the lowest is -7.0% on Extended.

What is the best EUR funding arbitrage right now?

Go long Extended and short MEXC for about 34.2% net APR after fees — the widest delta-neutral EUR spread Perpia currently sees.

Which exchange has the highest EUR funding rate?

MEXC, at +31.1% annualized. Funding shifts continuously, so check the live table above before trading.

How EUR 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 EUR

Markets also quoted on both Extended and MEXC — the same two exchanges you would already have funded for the EUR trade.

See every spread between them on the Extended vs MEXC page.

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