FOLKS Funding Rate — live across 9 venues

Perpetual funding · compared across 9 venues · net of estimated fees · updated every few minutes

Live annualized FOLKS perpetual funding across all 9 venues Perpia tracks. Right now FOLKS funding is positive on 9 and negative on 0, ranging from +298.7% on Lighter to +10.9% on Aster — a spread of 287.8%. The widest delta-neutral trade is long MEXC / short Lighter at 282.8% net APR.

9venues

9paying positive

287.8%funding spread

Best FOLKS spread now

282.8%

net APR after fees

LongMEXC↗→ShortLighter↗

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

FOLKS funding trend & liquidity

168h of history

287.8%current gross APR

55.8%24h average

23.1%7-day average

$68Kpair OI · lower leg

$14K24h 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.

FOLKS · MEXC → Lighter — no history

Loading FOLKS rate history…

Build a route

any two of the 9 venues

Long (pays you)every 4hShort (you collect)every 8h

Gross spread+287.8%+$78.84 / 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 · 9 venues

Venue	Funding APR ↓	Interval
Lighter↗short	+298.7%	every 8h
KuCoin↗	+100.3%	every 4h
MEXC↗long	+10.9%	every 4h
BingX↗	+10.9%	every 4h
Gate.io↗	+10.9%	every 8h
Bybit↗	+10.9%	every 4h
Binance↗	+10.9%	every 4h
Bitget↗	+10.9%	every 4h
Aster↗	+10.9%	every 4h

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 MEXC vs Lighter page. 15 pairs scanned for FOLKS.

FOLKS arbitrage — 30-day backtest

long MEXC · short Lighter

54.9%backtested APR

+$451historical net P&L on $10,000

0.18%max drawdown

$10,000$10,451

30 days agostarting capital $10,000today

Over the last 30 days, holding long MEXC / short Lighter would have produced 54.9% APR — versus the 282.8% the live spread implies right now (equity $10,000 → $10,451). 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 FOLKS backtest…

FOLKS — FAQ

Is FOLKS funding positive right now?

FOLKS perpetual funding is positive on 9 of 9 venues Perpia tracks. The highest is +298.7% on Lighter; the lowest is +10.9% on Aster.

What is the best FOLKS funding arbitrage right now?

Go long MEXC and short Lighter for about 282.8% net APR after fees — the widest delta-neutral FOLKS spread Perpia currently sees.

Which exchange has the highest FOLKS funding rate?

Lighter, at +298.7% annualized. Funding shifts continuously, so check the live table above before trading.

How FOLKS 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 FOLKS

also quoted on both Lighter and MEXC

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

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