FONE Funding Rate — live across 3 venues
Compared across 3 supported venues · net of estimated fees · updated every few minutes
Live annualized FONE perpetual funding across all 3 venues Perpia tracks. Right now FONE funding is positive on 3 and negative on 0, ranging from +43.8% on MEXC to +10.9% on Gate.io — a spread of 32.9%. The widest delta-neutral trade is long Gate.io / short MEXC at 10.5% net APR.
FONE funding trend & liquidity
49h of historyAverages 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.
FONE funding rate by venue
2 pairs scannedRates 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 Gate.io vs MEXC page.
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FONE funding — FAQ
Is FONE funding positive right now?
FONE perpetual funding is positive on 3 of 3 venues Perpia tracks. The highest is +43.8% on MEXC; the lowest is +10.9% on Gate.io.
What is the best FONE funding arbitrage right now?
Go long Gate.io and short MEXC for about 10.5% net APR after fees — the widest delta-neutral FONE spread Perpia currently sees.
Which exchange has the highest FONE funding rate?
MEXC, at +43.8% annualized. Funding shifts continuously, so check the live table above before trading.
How FONE 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 FONE
Markets also quoted on both Gate.io and MEXC — the same two exchanges you would already have funded for the FONE trade.
See every spread between them on the Gate.io vs MEXC page.