EUR Funding Rate — perpetuals across 6 venues

TradFi perpetual · compared across 6 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 6 venues Perpia tracks. Right now EUR funding is positive on 6 and negative on 0, ranging from +13.4% on MEXC to +0.0% on GMTrade — a spread of 13.3%. The widest delta-neutral trade is long GMTrade / short MEXC at 9.6% net APR.

6venues

6paying positive

13.3%funding spread

Best EUR spread now

9.6%

net APR after fees

LongGMTrade↗→ShortMEXC↗

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

EUR funding trend & liquidity

168h of history

13.3%current gross APR

14.2%24h average

12.3%7-day average

$4.7Mpair OI · lower leg

$155K24h 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 · GMTrade → MEXC — no history

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Build a route

any two of the 6 venues

Long (pays you)every 1hShort (you collect)every 4h

Gross spread+13.3%+$3.66 / 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 · 6 venues

Venue	Funding APR ↓	Interval
MEXC↗short	+13.4%	every 4h
trade.xyz↗	+10.9%	every 1h
Hyperliquid↗	+10.9%	every 1h
Extended↗	+3.5%	every 1h
Ostium↗	+1.2%	every 1h
GMTrade↗long	+0.0%	every 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 GMTrade vs MEXC page. 9 pairs scanned for EUR.

EUR arbitrage — 30-day backtest

long GMTrade · short MEXC

4.6%backtested APR

+$38historical net P&L on $10,000

0.34%max drawdown

$10,000$10,038

30 days agostarting capital $10,000today

Over the last 30 days, holding long GMTrade / short MEXC would have produced 4.6% APR — versus the 9.6% the live spread implies right now (equity $10,000 → $10,038). 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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EUR — FAQ

Is EUR funding positive right now?

EUR perpetual funding is positive on 6 of 6 venues Perpia tracks. The highest is +13.4% on MEXC; the lowest is +0.0% on GMTrade.

What is the best EUR funding arbitrage right now?

Go long GMTrade and short MEXC for about 9.6% net APR after fees — the widest delta-neutral EUR spread Perpia currently sees.

Which exchange has the highest EUR funding rate?

MEXC, at +13.4% 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

also quoted on both GMTrade and MEXC

The same two exchanges you would already have funded for the EUR trade. Every spread between them is on the GMTrade vs MEXC page.

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