WET Funding Rate — live across 6 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized WET perpetual funding across all 6 venues Perpia tracks. Right now WET funding is positive on 6 and negative on 0, ranging from +10.9% on OKX to +5.5% on Binance — a spread of 5.5%. The widest delta-neutral trade is long MEXC / short OKX at 2.9% net APR.
WET funding rate by venue
8 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| OKX | +10.9% | 4h |
| Bitget | +10.9% | 4h |
| Bybit | +10.9% | 4h |
| KuCoin | +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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WET funding — FAQ
Is WET funding positive right now?
WET perpetual funding is positive on 6 of 6 venues Perpia tracks. The highest is +10.9% on OKX; the lowest is +5.5% on Binance.
What is the best WET funding arbitrage right now?
Go long MEXC and short OKX for about 2.9% net APR after fees — the widest delta-neutral WET spread Perpia currently sees.
Which exchange has the highest WET funding rate?
OKX, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How WET 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.