VANA Funding Rate — live across 7 venues

Compared across 7 supported venues · net of estimated fees · updated every few minutes

Live annualized VANA perpetual funding across all 7 venues Perpia tracks. Right now VANA funding is positive on 6 and negative on 1, ranging from +10.9% on Binance to -31.6% on Bybit — a spread of 42.6%. The widest delta-neutral trade is long Bybit / short Binance at 39.4% net APR.

venues

paying positive

42.6%

funding spread

Best VANA spread now

39.4%

net APR after fees

Long Bybit→Short Binance

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

VANA funding trend & liquidity

168h of history

42.6%

current gross APR

1.0%

24h average

6.5%

7-day average

$1.1M

pair OI · lower leg

$254K

24h 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.

VANA funding rate history

30d · 6h buckets · 8 venues

21.7%0-134.5%

9 Aug8 Sep

VANA — average across 8 venuesAsterBinanceBitgetKuCoin

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +1.5%. A break in a line means no data was recorded for that stretch, not a zero rate.

VANA funding rate by venue

6 pairs scanned

Venue	Funding APR	Interval
Binance ↗	+10.9%	4h
MEXC ↗	+10.9%	4h
BingX ↗	+10.9%	4h
OKX ↗	+10.9%	4h
Gate.io ↗	+10.9%	4h
Bitget ↗	+10.9%	4h
Bybit ↗	-31.6%	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 Bybit vs Binance page.

VANA arbitrage — 30-day backtest

long Bybit · short Binance

3.8%

backtested APR

+$32

historical net P&L on $10,000

0.01%

max drawdown

$10,000$10,032

30 days agostarting capital $10,000today

Over the last 30 days, holding long Bybit / short Binance would have produced 3.8% APR — versus the 39.4% the live spread implies right now (equity $10,000 → $10,032). 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 →

Loading VANA backtest…

VANA funding — FAQ

Is VANA funding positive right now?

VANA perpetual funding is positive on 6 of 7 venues Perpia tracks and negative on 1. The highest is +10.9% on Binance; the lowest is -31.6% on Bybit.

What is the best VANA funding arbitrage right now?

Go long Bybit and short Binance for about 39.4% net APR after fees — the widest delta-neutral VANA spread Perpia currently sees.

Which exchange has the highest VANA funding rate?

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

How VANA 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 VANA

Markets also quoted on both Binance and Bybit — the same two exchanges you would already have funded for the VANA trade.

See every spread between them on the Binance vs Bybit page.

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