RSR Funding Rate — live across 9 venues

Perpetual funding · compared across 9 venues · net of estimated fees · updated every few minutes

Live annualized RSR perpetual funding across all 9 venues Perpia tracks. Right now RSR funding is positive on 2 and negative on 7, ranging from +10.9% on KuCoin to -46.4% on OKX — a spread of 57.3%. The widest delta-neutral trade is long OKX / short KuCoin at 53.0% net APR.

9venues

2paying positive

57.3%funding spread

Best RSR spread now

53.0%

net APR after fees

LongOKX↗→ShortKuCoin↗

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

RSR funding trend & liquidity

168h of history

57.3%current gross APR

17.6%24h average

48.1%7-day average

$1.2Mpair OI · lower leg

$211K24h 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.

RSR · OKX → KuCoin — no history

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Build a route

any two of the 9 venues

Long (pays you)every 4hShort (you collect)every 8h

Gross spread+57.3%+$15.71 / day on $10,000

Widest routes

This is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.

Venues: pick the two legs

sorted by rate · 9 venues

Venue	Funding APR ↓	Interval
KuCoin↗short	+10.9%	every 8h
Hyperliquid↗	+10.9%	every 1h
below — these venues pay the longs: this is the leg you buy
Bybit↗	−1.8%	every 8h
MEXC↗	−19.4%	every 8h
Binance↗	−20.0%	every 8h
Gate.io↗	−21.5%	every 4h
BingX↗	−21.8%	every 8h
Bitget↗	−23.2%	every 8h
OKX↗long	−46.4%	every 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 OKX vs KuCoin page. 25 pairs scanned for RSR.

RSR arbitrage — 30-day backtest

long OKX · short KuCoin

27.1%backtested APR

+$223historical net P&L on $10,000

0.31%max drawdown

$10,000$10,223

30 days agostarting capital $10,000today

Over the last 30 days, holding long OKX / short KuCoin would have produced 27.1% APR — versus the 53.0% the live spread implies right now (equity $10,000 → $10,223). 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 →

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RSR — FAQ

Is RSR funding positive right now?

RSR perpetual funding is positive on 2 of 9 venues Perpia tracks and negative on 7. The highest is +10.9% on KuCoin; the lowest is -46.4% on OKX.

What is the best RSR funding arbitrage right now?

Go long OKX and short KuCoin for about 53.0% net APR after fees — the widest delta-neutral RSR spread Perpia currently sees.

Which exchange has the highest RSR funding rate?

KuCoin, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.

How RSR 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 RSR

also quoted on both KuCoin and OKX

The same two exchanges you would already have funded for the RSR trade. Every spread between them is on the KuCoin vs OKX page.

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