VELODROME Funding Rate — live across 7 venues

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

Live annualized VELODROME perpetual funding across all 7 venues Perpia tracks. Right now VELODROME funding is positive on 7 and negative on 0, ranging from +142.1% on Bitget to +7.7% on BingX — a spread of 134.5%. The widest delta-neutral trade is long BingX / short Bitget at 126.3% net APR.

venues

paying positive

134.5%

funding spread

Best VELODROME spread now

126.3%

net APR after fees

Long BingX→Short Bitget

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

VELODROME funding trend & liquidity

168h of history

134.5%

current gross APR

47.9%

24h average

7.6%

7-day average

$461K

pair OI · lower leg

$60K

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.

VELODROME funding rate history

30d · 6h buckets · 6 venues

223%0-16.5%

6 Aug5 Sep

VELODROME — average across 6 venuesBinanceBitgetMEXCBybit

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: +17.7%. A break in a line means no data was recorded for that stretch, not a zero rate.

VELODROME funding rate by venue

6 pairs scanned

Venue	Funding APR	Interval
Bitget ↗	+142.1%	4h
Bybit ↗	+11.0%	4h
MEXC ↗	+10.9%	4h
Binance ↗	+10.9%	4h
Gate.io ↗	+10.9%	4h
Variational ↗	+10.9%	4h
BingX ↗	+7.7%	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 BingX vs Bitget page.

VELODROME arbitrage — 30-day backtest

long BingX · short Bitget

-10.5%

backtested APR

−$86

historical net P&L on $10,000

1.04%

max drawdown

$10,000$9,914

30 days agostarting capital $10,000today

Over the last 30 days, holding long BingX / short Bitget would have produced -10.5% APR — versus the 126.3% the live spread implies right now (equity $10,000 → $9,914). 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 VELODROME backtest…

VELODROME funding — FAQ

Is VELODROME funding positive right now?

VELODROME perpetual funding is positive on 7 of 7 venues Perpia tracks. The highest is +142.1% on Bitget; the lowest is +7.7% on BingX.

What is the best VELODROME funding arbitrage right now?

Go long BingX and short Bitget for about 126.3% net APR after fees — the widest delta-neutral VELODROME spread Perpia currently sees.

Which exchange has the highest VELODROME funding rate?

Bitget, at +142.1% annualized. Funding shifts continuously, so check the live table above before trading.

How VELODROME 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 VELODROME

Markets also quoted on both BingX and Bitget — the same two exchanges you would already have funded for the VELODROME trade.

See every spread between them on the BingX vs Bitget page.

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