NIGHT Funding Rate — live across 9 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized NIGHT perpetual funding across all 9 venues Perpia tracks. Right now NIGHT funding is positive on 5 and negative on 4, ranging from +10.9% on Aster to -51.5% on KuCoin — a spread of 62.4%. The widest delta-neutral trade is long KuCoin / short Aster at 55.9% net APR.
NIGHT funding rate by venue
25 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Aster | +10.9% | 1h |
| MEXC | +8.1% | 8h |
| BingX | +7.9% | 4h |
| Gate.io | +3.3% | 8h |
| Binance | +1.2% | 8h |
| Bitget | -1.1% | 4h |
| Bybit | -7.7% | 4h |
| OKX | -27.3% | 4h |
| KuCoin | -51.5% | 4h |
Rates annualized; updated ~every few minutes from live venue data.
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NIGHT funding — FAQ
Is NIGHT funding positive right now?
NIGHT perpetual funding is positive on 5 of 9 venues Perpia tracks and negative on 4. The highest is +10.9% on Aster; the lowest is -51.5% on KuCoin.
What is the best NIGHT funding arbitrage right now?
Go long KuCoin and short Aster for about 55.9% net APR after fees — the widest delta-neutral NIGHT spread Perpia currently sees.
Which exchange has the highest NIGHT funding rate?
Aster, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How NIGHT 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.