IP Funding Rate — live across 5 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized IP perpetual funding across all 5 venues Perpia tracks. Right now IP funding is positive on 2 and negative on 1, ranging from +10.9% on Aster to -311.0% on 01 — a spread of 321.9%. The widest delta-neutral trade is long 01 / short Aster at 317.2% net APR.
IP funding rate by venue
4 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Aster | +10.9% | 1h |
| EdgeX | +10.9% | 4h |
| Hyperliquid | +0.0% | 1h |
| HyENA | +0.0% | 1h |
| 01 | -311.0% | 1h |
Rates annualized; updated ~every few minutes from live venue data.
Loading IP backtest…
IP funding — FAQ
Is IP funding positive right now?
IP perpetual funding is positive on 2 of 5 venues Perpia tracks and negative on 1. The highest is +10.9% on Aster; the lowest is -311.0% on 01.
What is the best IP funding arbitrage right now?
Go long 01 and short Aster for about 317.2% net APR after fees — the widest delta-neutral IP spread Perpia currently sees.
Which exchange has the highest IP funding rate?
Aster, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How IP funding arbitrage works
Funding-rate arbitrage is delta-neutral: you go long the venue paying the most negative funding and short the one paying the most positive, so price moves cancel and you collect the spread. The catch is liquidity — a huge APR on a thin book caps at a few thousand dollars and often flips within hours. Perpia shows the max size after slippage and tracks whether a spread holds, so you filter instead of chasing the number.