NEWT Funding Rate — live across 6 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized NEWT perpetual funding across all 6 venues Perpia tracks. Right now NEWT funding is positive on 4 and negative on 2, ranging from +10.9% on Bybit to -109.9% on KuCoin — a spread of 120.9%. The widest delta-neutral trade is long KuCoin / short Bybit at 113.6% net APR.
NEWT funding rate by venue
13 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Bybit | +10.9% | 4h |
| Bitget | +10.9% | 4h |
| MEXC | +5.5% | 8h |
| Binance | +5.5% | 8h |
| Gate.io | -21.1% | 8h |
| KuCoin | -109.9% | 4h |
Rates annualized; updated ~every few minutes from live venue data.
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NEWT funding — FAQ
Is NEWT funding positive right now?
NEWT perpetual funding is positive on 4 of 6 venues Perpia tracks and negative on 2. The highest is +10.9% on Bybit; the lowest is -109.9% on KuCoin.
What is the best NEWT funding arbitrage right now?
Go long KuCoin and short Bybit for about 113.6% net APR after fees — the widest delta-neutral NEWT spread Perpia currently sees.
Which exchange has the highest NEWT funding rate?
Bybit, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How NEWT 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.