WLFI Funding Rate — live across 18 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized WLFI perpetual funding across all 18 venues Perpia tracks. Right now WLFI funding is positive on 17 and negative on 0, ranging from +17.3% on BackPack to +0.0% on dYdX — a spread of 17.3%. The widest delta-neutral trade is long dYdX / short BackPack at 13.6% net APR.
WLFI funding rate by venue
70 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| BackPack | +17.3% | 1h |
| Extended | +11.4% | 1h |
| Nado | +10.9% | 24h |
| Variational | +10.9% | 4h |
| OKX | +10.9% | 4h |
| Bybit | +10.9% | 4h |
| Bitget | +10.9% | 4h |
| Aster | +10.9% | 4h |
| Hyperliquid | +10.9% | 1h |
| KuCoin | +10.9% | 4h |
| BingX | +10.9% | 4h |
| Pacifica | +10.9% | 1h |
| Gate.io | +8.8% | 4h |
| Binance | +5.5% | 8h |
| MEXC | +5.5% | 8h |
| GMTrade | +1.9% | 1h |
| Lighter | +0.9% | 8h |
| dYdX | +0.0% | 1h |
Rates annualized; updated ~every few minutes from live venue data.
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WLFI funding — FAQ
Is WLFI funding positive right now?
WLFI perpetual funding is positive on 17 of 18 venues Perpia tracks. The highest is +17.3% on BackPack; the lowest is +0.0% on dYdX.
What is the best WLFI funding arbitrage right now?
Go long dYdX and short BackPack for about 13.6% net APR after fees — the widest delta-neutral WLFI spread Perpia currently sees.
Which exchange has the highest WLFI funding rate?
BackPack, at +17.3% annualized. Funding shifts continuously, so check the live table above before trading.
How WLFI 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.