SWARMS Funding Rate — live across 6 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized SWARMS perpetual funding across all 6 venues Perpia tracks. Right now SWARMS funding is positive on 6 and negative on 0, ranging from +73.6% on BingX to +10.9% on Gate.io — a spread of 62.6%. The widest delta-neutral trade is long KuCoin / short BingX at 54.2% net APR.
SWARMS funding rate by venue
12 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| BingX | +73.6% | 4h |
| Aster | +61.9% | 1h |
| MEXC | +38.1% | 8h |
| Binance | +38.1% | 8h |
| KuCoin | +10.9% | 4h |
| Gate.io | +10.9% | 4h |
Rates annualized; updated ~every few minutes from live venue data.
Loading SWARMS backtest…
SWARMS funding — FAQ
Is SWARMS funding positive right now?
SWARMS perpetual funding is positive on 6 of 6 venues Perpia tracks. The highest is +73.6% on BingX; the lowest is +10.9% on Gate.io.
What is the best SWARMS funding arbitrage right now?
Go long KuCoin and short BingX for about 54.2% net APR after fees — the widest delta-neutral SWARMS spread Perpia currently sees.
Which exchange has the highest SWARMS funding rate?
BingX, at +73.6% annualized. Funding shifts continuously, so check the live table above before trading.
How SWARMS 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.