MP Funding Rate — live across 3 venues
Compared across 3 supported venues · net of estimated fees · updated every few minutes
Live annualized MP perpetual funding across all 3 venues Perpia tracks. Right now MP funding is positive on 0 and negative on 1, ranging from +0.0% on Bitget to -115.0% on KuCoin — a spread of 115.0%. The widest delta-neutral trade is long KuCoin / short Bitget at 92.6% net APR.
MP funding trend & liquidity
169h 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.
MP funding rate by venue
2 pairs scannedRates annualized; updated ~every few minutes from live venue data.
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MP funding — FAQ
Is MP funding positive right now?
MP perpetual funding is positive on 0 of 3 venues Perpia tracks and negative on 1. The highest is +0.0% on Bitget; the lowest is -115.0% on KuCoin.
What is the best MP funding arbitrage right now?
Go long KuCoin and short Bitget for about 92.6% net APR after fees — the widest delta-neutral MP spread Perpia currently sees.
Which exchange has the highest MP funding rate?
Bitget, at +0.0% annualized. Funding shifts continuously, so check the live table above before trading.
How MP 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.