WIF Funding Rate — live across 16 venues
Perpetual funding · compared across 16 venues · net of estimated fees · updated every few minutesLive annualized WIF perpetual funding across all 16 venues Perpia tracks. Right now WIF funding is positive on 13 and negative on 2, ranging from +10.9% on OKX to -26.7% on KuCoin — a spread of 37.7%. The widest delta-neutral trade is long KuCoin / short MEXC at 34.4% net APR.
WIF 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.
Loading WIF rate history…
Build a route
any two of the 16 venuesThis is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.
Venues: pick the two legs
sorted by rate · 16 venues| Venue | Funding APR ↓ | Interval | Use as |
|---|---|---|---|
| OKX↗ | +10.9% | every 4h | |
| BingX↗ | +10.9% | every 4h | |
| Gate.io↗ | +10.9% | every 4h | |
| BackPack↗ | +10.9% | every 1h | |
| Vest↗ | +10.9% | every 1h | |
| Bitget↗ | +10.9% | every 4h | |
| Hyperliquid↗ | +10.9% | every 1h | |
| Variational↗ | +10.9% | every 4h | |
| Aster↗ | +10.9% | every 4h | |
| HTX↗ | +10.9% | every 4h | |
| Binance↗ | +10.5% | every 4h | |
| MEXC↗short | +10.5% | every 4h | |
| Lighter↗ | +10.5% | every 8h | |
| dYdX↗ | +0.0% | every 1h | |
| below — these venues pay the longs: this is the leg you buy | |||
| Bybit↗ | −8.2% | every 4h | |
| KuCoin↗long | −26.7% | every 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 KuCoin vs MEXC page. 28 pairs scanned for WIF.
Loading WIF backtest…
WIF — FAQ
Is WIF funding positive right now?
WIF perpetual funding is positive on 13 of 16 venues Perpia tracks and negative on 2. The highest is +10.9% on OKX; the lowest is -26.7% on KuCoin.
What is the best WIF funding arbitrage right now?
Go long KuCoin and short MEXC for about 34.4% net APR after fees — the widest delta-neutral WIF spread Perpia currently sees.
Which exchange has the highest WIF funding rate?
OKX, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How WIF 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 WIF
also quoted on both KuCoin and MEXCThe same two exchanges you would already have funded for the WIF trade. Every spread between them is on the KuCoin vs MEXC page.