USDC Funding Rate — live across 6 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized USDC perpetual funding across all 6 venues Perpia tracks. Right now USDC funding is positive on 1 and negative on 3, ranging from +10.9% on Aster to -6.5% on Bitget — a spread of 17.4%. The widest delta-neutral trade is long Bitget / short Aster at 12.8% net APR.
USDC funding rate by venue
6 pairs scannedRates annualized; updated ~every few minutes from live venue data.
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USDC funding — FAQ
Is USDC funding positive right now?
USDC perpetual funding is positive on 1 of 6 venues Perpia tracks and negative on 3. The highest is +10.9% on Aster; the lowest is -6.5% on Bitget.
What is the best USDC funding arbitrage right now?
Go long Bitget and short Aster for about 12.8% net APR after fees — the widest delta-neutral USDC spread Perpia currently sees.
Which exchange has the highest USDC funding rate?
Aster, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How USDC 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.