PDD Funding Rate — perpetuals across 3 venues
TradFi perpetual · compared across 3 venues · net of estimated fees · updated every few minutes
PDD is an equity-linked perpetual referencing PDD, traded on-chain (not a tokenized xStock). Perpia compares its annualized funding across venues and the best delta-neutral spread.
Live annualized PDD perpetual funding across all 3 venues Perpia tracks. Right now PDD funding is positive on 2 and negative on 0, ranging from +93.1% on Bitget to +0.0% on Ostium — a spread of 93.1%. The widest delta-neutral trade is long Ostium / short Bitget at 68.0% net APR.
PDD funding trend & liquidity
168h 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.
PDD funding rate by venue
2 pairs scannedRates annualized; updated ~every few minutes from live venue data.
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PDD funding — FAQ
Is PDD funding positive right now?
PDD perpetual funding is positive on 2 of 3 venues Perpia tracks. The highest is +93.1% on Bitget; the lowest is +0.0% on Ostium.
What is the best PDD funding arbitrage right now?
Go long Ostium and short Bitget for about 68.0% net APR after fees — the widest delta-neutral PDD spread Perpia currently sees.
Which exchange has the highest PDD funding rate?
Bitget, at +93.1% annualized. Funding shifts continuously, so check the live table above before trading.
How PDD 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.