WET Funding Rate — live across 8 venues
Compared across 8 supported venues · net of estimated fees · updated every few minutes
Live annualized WET perpetual funding across all 8 venues Perpia tracks. Right now WET funding is positive on 8 and negative on 0, ranging from +80.4% on KuCoin to +10.9% on Bitget — a spread of 69.4%. The widest delta-neutral trade is long OKX / short KuCoin at 65.7% net APR.
WET funding trend & liquidity
168h of historyAverages 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.
WET funding rate by venue
21 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| KuCoin↗ | +80.4% | 4h |
| MEXC↗ | +42.9% | 4h |
| BingX↗ | +42.5% | 4h |
| Binance↗ | +41.2% | 4h |
| Gate.io↗ | +18.4% | 8h |
| Bybit↗ | +11.0% | 4h |
| OKX↗ | +10.9% | 4h |
| Bitget↗ | +10.9% | 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 OKX vs KuCoin page.
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WET funding — FAQ
Is WET funding positive right now?
WET perpetual funding is positive on 8 of 8 venues Perpia tracks. The highest is +80.4% on KuCoin; the lowest is +10.9% on Bitget.
What is the best WET funding arbitrage right now?
Go long OKX and short KuCoin for about 65.7% net APR after fees — the widest delta-neutral WET spread Perpia currently sees.
Which exchange has the highest WET funding rate?
KuCoin, at +80.4% annualized. Funding shifts continuously, so check the live table above before trading.
How WET 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 WET
Markets also quoted on both KuCoin and OKX — the same two exchanges you would already have funded for the WET trade.
See every spread between them on the KuCoin vs OKX page.