SAFE Funding Rate — live across 6 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized SAFE perpetual funding across all 6 venues Perpia tracks. Right now SAFE funding is positive on 5 and negative on 1, ranging from +10.9% on Gate.io to -0.4% on Variational — a spread of 11.3%. The widest delta-neutral trade is long Variational / short Gate.io at 6.2% net APR.
SAFE funding rate by venue
8 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Gate.io | +10.9% | 4h |
| Bitget | +10.9% | 4h |
| MEXC | +5.5% | 8h |
| Binance | +5.5% | 8h |
| Bybit | +3.8% | 4h |
| Variational | -0.4% | 4h |
Rates annualized; updated ~every few minutes from live venue data.
Loading SAFE backtest…
SAFE funding — FAQ
Is SAFE funding positive right now?
SAFE perpetual funding is positive on 5 of 6 venues Perpia tracks and negative on 1. The highest is +10.9% on Gate.io; the lowest is -0.4% on Variational.
What is the best SAFE funding arbitrage right now?
Go long Variational and short Gate.io for about 6.2% net APR after fees — the widest delta-neutral SAFE spread Perpia currently sees.
Which exchange has the highest SAFE funding rate?
Gate.io, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How SAFE 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.