GTC Funding Rate — live across 3 venues

Perpetual funding · compared across 3 venues · net of estimated fees · updated every few minutes

Live annualized GTC perpetual funding across all 3 venues Perpia tracks. Right now GTC funding is positive on 1 and negative on 2, ranging from +10.9% on Aster to -179.6% on KuCoin — a spread of 190.5%. The widest delta-neutral trade is long KuCoin / short Aster at 174.3% net APR.

3venues

1paying positive

190.5%funding spread

Best GTC spread now

174.3%

net APR after fees

LongKuCoin↗→ShortAster↗

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

GTC funding trend & liquidity

168h of history

190.5%current gross APR

24.3%24h average

-3.4%7-day average

$50Kpair OI · lower leg

$328K24h 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.

GTC · KuCoin → Aster — no history

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Build a route

any two of the 3 venues

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

Gross spread+190.5%+$52.20 / 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 · 3 venues

Venue	Funding APR ↓	Interval
Aster↗short	+10.9%	every 8h
below — these venues pay the longs: this is the leg you buy
Binance↗	−19.2%	every 8h
KuCoin↗long	−179.6%	every 8h

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 KuCoin vs Aster page. 3 pairs scanned for GTC.

GTC arbitrage — 30-day backtest

long KuCoin · short Aster

-2.7%backtested APR

−$22historical net P&L on $10,000

0.33%max drawdown

$10,000$9,978

30 days agostarting capital $10,000today

Over the last 30 days, holding long KuCoin / short Aster would have produced -2.7% APR — versus the 174.3% the live spread implies right now (equity $10,000 → $9,978). 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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GTC — FAQ

Is GTC funding positive right now?

GTC perpetual funding is positive on 1 of 3 venues Perpia tracks and negative on 2. The highest is +10.9% on Aster; the lowest is -179.6% on KuCoin.

What is the best GTC funding arbitrage right now?

Go long KuCoin and short Aster for about 174.3% net APR after fees — the widest delta-neutral GTC spread Perpia currently sees.

Which exchange has the highest GTC funding rate?

Aster, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.

How GTC 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 GTC

also quoted on both Aster and KuCoin

The same two exchanges you would already have funded for the GTC trade. Every spread between them is on the Aster vs KuCoin page.

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