REDSTONE Funding Rate — live across 2 venues

Compared across 2 supported venues · net of estimated fees · updated every few minutes

Live annualized REDSTONE perpetual funding across all 2 venues Perpia tracks. Right now REDSTONE funding is positive on 2 and negative on 0, ranging from +36.1% on BingX to +10.9% on KuCoin — a spread of 25.2%. The widest delta-neutral trade is long KuCoin / short BingX at 10.8% net APR.

venues

paying positive

25.2%

funding spread

Best REDSTONE spread now

10.8%

net APR after fees

Long KuCoin→Short BingX

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

REDSTONE funding trend & liquidity

169h of history

25.2%

current gross APR

24.4%

24h average

30.2%

7-day average

$341K

pair OI · lower leg

$10K

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.

REDSTONE funding rate history

30d · 6h buckets · 1 venue

324%0-561.0%

3 Aug2 Sep

REDSTONE — average across 1 venueKuCoin

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: -20.1%. A break in a line means no data was recorded for that stretch, not a zero rate.

REDSTONE funding rate by venue

1 pairs scanned

Venue	Funding APR	Interval
BingX ↗	+36.1%	4h
KuCoin ↗	+10.9%	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 KuCoin vs BingX page.

REDSTONE arbitrage — 30-day backtest

long KuCoin · short BingX

28.9%

backtested APR

+$237

historical net P&L on $10,000

0.56%

max drawdown

$10,000$10,237

30 days agostarting capital $10,000today

Over the last 30 days, holding long KuCoin / short BingX would have produced 28.9% APR — versus the 10.8% the live spread implies right now (equity $10,000 → $10,237). 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 REDSTONE backtest…

REDSTONE funding — FAQ

Is REDSTONE funding positive right now?

REDSTONE perpetual funding is positive on 2 of 2 venues Perpia tracks. The highest is +36.1% on BingX; the lowest is +10.9% on KuCoin.

What is the best REDSTONE funding arbitrage right now?

Go long KuCoin and short BingX for about 10.8% net APR after fees — the widest delta-neutral REDSTONE spread Perpia currently sees.

Which exchange has the highest REDSTONE funding rate?

BingX, at +36.1% annualized. Funding shifts continuously, so check the live table above before trading.

How REDSTONE 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 REDSTONE

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

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

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