TRB Funding Rate — live across 9 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized TRB perpetual funding across all 9 venues Perpia tracks. Right now TRB funding is positive on 9 and negative on 0, ranging from +10.9% on Bitget to +5.5% on Binance — a spread of 5.5%. The widest delta-neutral trade is long MEXC / short Bitget at 3.6% net APR.
TRB funding rate by venue
14 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Bitget | +10.9% | 4h |
| Bybit | +10.9% | 4h |
| Hyperliquid | +10.9% | 1h |
| Gate.io | +10.9% | 4h |
| OKX | +10.9% | 4h |
| KuCoin | +10.9% | 4h |
| BingX | +10.9% | 4h |
| MEXC | +5.5% | 8h |
| Binance | +5.5% | 8h |
Rates annualized; updated ~every few minutes from live venue data.
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TRB funding — FAQ
Is TRB funding positive right now?
TRB perpetual funding is positive on 9 of 9 venues Perpia tracks. The highest is +10.9% on Bitget; the lowest is +5.5% on Binance.
What is the best TRB funding arbitrage right now?
Go long MEXC and short Bitget for about 3.6% net APR after fees — the widest delta-neutral TRB spread Perpia currently sees.
Which exchange has the highest TRB funding rate?
Bitget, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How TRB 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.