NMR Funding Rate — live across 7 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized NMR perpetual funding across all 7 venues Perpia tracks. Right now NMR funding is positive on 5 and negative on 2, ranging from +10.9% on OKX to -3.5% on Binance — a spread of 14.4%. The widest delta-neutral trade is long MEXC / short OKX at 11.6% net APR.
NMR funding rate by venue
10 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| OKX | +10.9% | 4h |
| Bitget | +10.9% | 4h |
| Bybit | +10.9% | 4h |
| Gate.io | +10.9% | 8h |
| BingX | +10.9% | 4h |
| MEXC | -3.4% | 8h |
| Binance | -3.5% | 8h |
Rates annualized; updated ~every few minutes from live venue data.
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NMR funding — FAQ
Is NMR funding positive right now?
NMR perpetual funding is positive on 5 of 7 venues Perpia tracks and negative on 2. The highest is +10.9% on OKX; the lowest is -3.5% on Binance.
What is the best NMR funding arbitrage right now?
Go long MEXC and short OKX for about 11.6% net APR after fees — the widest delta-neutral NMR spread Perpia currently sees.
Which exchange has the highest NMR funding rate?
OKX, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How NMR 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.