POWR Funding Rate — live across 6 venues

Compared across 6 supported venues · net of estimated fees · updated every few minutes

Live annualized POWR perpetual funding across all 6 venues Perpia tracks. Right now POWR funding is positive on 6 and negative on 0, ranging from +118.0% on Bybit to +7.7% on BingX — a spread of 110.3%. The widest delta-neutral trade is long BingX / short Bybit at 107.2% net APR.

venues

paying positive

110.3%

funding spread

Best POWR spread now

107.2%

net APR after fees

Long BingX→Short Bybit

size depends on live venue depth — see the real cap in the scanner

POWR funding trend & liquidity

168h of history

110.3%

current gross APR

46.5%

24h average

20.6%

7-day average

$214K

pair OI · lower leg

$97K

24h volume · lower leg

Averages 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.

POWR funding rate history

30d · 6h buckets · 7 venues

331%0-554.9%

6 Aug5 Sep

POWR — average across 7 venuesBinanceBitgetKuCoinMEXC

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: -4.3%. A break in a line means no data was recorded for that stretch, not a zero rate.

POWR funding rate by venue

9 pairs scanned

Venue	Funding APR	Interval
Bybit ↗	+118.0%	4h
Bitget ↗	+14.2%	4h
MEXC ↗	+10.9%	4h
Binance ↗	+10.9%	4h
KuCoin ↗	+10.9%	4h
BingX ↗	+7.7%	4h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the BingX vs Bybit page.

POWR arbitrage — 24-day backtest

long BingX · short Bybit

4.3%

backtested APR

+$28

historical net P&L on $10,000

0.73%

max drawdown

$10,000$10,028

24 days agostarting capital $10,000today

Over the last 24 days, holding long BingX / short Bybit would have produced 4.3% APR — versus the 107.2% the live spread implies right now (equity $10,000 → $10,028). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

Loading POWR backtest…

POWR funding — FAQ

Is POWR funding positive right now?

POWR perpetual funding is positive on 6 of 6 venues Perpia tracks. The highest is +118.0% on Bybit; the lowest is +7.7% on BingX.

What is the best POWR funding arbitrage right now?

Go long BingX and short Bybit for about 107.2% net APR after fees — the widest delta-neutral POWR spread Perpia currently sees.

Which exchange has the highest POWR funding rate?

Bybit, at +118.0% annualized. Funding shifts continuously, so check the live table above before trading.

How POWR 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.

Markets related to POWR

Markets also quoted on both BingX and Bybit — the same two exchanges you would already have funded for the POWR trade.

See every spread between them on the BingX vs Bybit page.

Open the live scanner →All funding rates Funding by exchange How we calculate this