PORTAL Funding Rate — live across 5 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized PORTAL perpetual funding across all 5 venues Perpia tracks. Right now PORTAL funding is positive on 5 and negative on 0, ranging from +87.4% on KuCoin to +5.5% on Binance — a spread of 81.9%. The widest delta-neutral trade is long MEXC / short KuCoin at 75.9% net APR.
PORTAL funding rate by venue
6 pairs scannedRates annualized; updated ~every few minutes from live venue data.
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PORTAL funding — FAQ
Is PORTAL funding positive right now?
PORTAL perpetual funding is positive on 5 of 5 venues Perpia tracks. The highest is +87.4% on KuCoin; the lowest is +5.5% on Binance.
What is the best PORTAL funding arbitrage right now?
Go long MEXC and short KuCoin for about 75.9% net APR after fees — the widest delta-neutral PORTAL spread Perpia currently sees.
Which exchange has the highest PORTAL funding rate?
KuCoin, at +87.4% annualized. Funding shifts continuously, so check the live table above before trading.
How PORTAL 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.