GWEI Funding Rate — live across 10 venues

Compared across 10 supported venues · net of estimated fees · updated every few minutes

Live annualized GWEI perpetual funding across all 10 venues Perpia tracks. Right now GWEI funding is positive on 10 and negative on 0, ranging from +23.9% on BingX to +10.9% on Aster — a spread of 12.9%. The widest delta-neutral trade is long MEXC / short BingX at 9.2% net APR.

venues

paying positive

12.9%

funding spread

Best GWEI spread now

9.2%

net APR after fees

Long MEXC→Short BingX

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

GWEI funding trend & liquidity

168h of history

12.9%

current gross APR

12.0%

24h average

9.9%

7-day average

$180K

pair OI · lower leg

$115K

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.

GWEI funding rate history

30d · 6h buckets · 9 venues

160%0-441.3%

6 Aug5 Sep

GWEI — average across 9 venuesAsterExtendedBinanceBitget

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: -19.3%. A break in a line means no data was recorded for that stretch, not a zero rate.

GWEI funding rate by venue

14 pairs scanned

Venue	Funding APR	Interval
BingX ↗	+23.9%	4h
Bitget ↗	+23.4%	4h
Extended ↗	+11.4%	1h
MEXC ↗	+10.9%	4h
Gate.io ↗	+10.9%	4h
Binance ↗	+10.9%	4h
Variational ↗	+10.9%	4h
Bybit ↗	+10.9%	4h
KuCoin ↗	+10.9%	4h
Aster ↗	+10.9%	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 MEXC vs BingX page.

GWEI arbitrage — 30-day backtest

long MEXC · short BingX

15.3%

backtested APR

+$126

historical net P&L on $10,000

0.15%

max drawdown

$10,000$10,126

30 days agostarting capital $10,000today

Over the last 30 days, holding long MEXC / short BingX would have produced 15.3% APR — versus the 9.2% the live spread implies right now (equity $10,000 → $10,126). 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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GWEI funding — FAQ

Is GWEI funding positive right now?

GWEI perpetual funding is positive on 10 of 10 venues Perpia tracks. The highest is +23.9% on BingX; the lowest is +10.9% on Aster.

What is the best GWEI funding arbitrage right now?

Go long MEXC and short BingX for about 9.2% net APR after fees — the widest delta-neutral GWEI spread Perpia currently sees.

Which exchange has the highest GWEI funding rate?

BingX, at +23.9% annualized. Funding shifts continuously, so check the live table above before trading.

How GWEI 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 GWEI

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

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

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