WTI Funding Rate — live across 7 venues

25 DEX + 8 CEX · net of fees · updated continuously

Live annualized WTI perpetual funding across all 7 venues Perpia tracks. Right now WTI funding is positive on 5 and negative on 2, ranging from +59.5% on dYdX to -13.2% on Nado — a spread of 72.7%. The widest delta-neutral trade is long Ostium / short dYdX at 51.0% net APR.

7
venues
5
paying positive
72.7%
funding spread
Best WTI spread now
51.0%
net APR after fees
Long OstiumShort dYdX
size depends on live venue depth — see the real cap in the scanner

WTI funding rate by venue

12 pairs scanned
VenueFunding APRInterval
dYdX+59.5%1h
Hyperliquid+5.5%1h
trade.xyz+5.5%1h
Ostium+2.4%1h
GMTrade+0.1%1h
Extended-6.1%1h
Nado-13.2%24h

Rates annualized; updated ~every few minutes from live venue data.

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WTI funding — FAQ

Is WTI funding positive right now?

WTI perpetual funding is positive on 5 of 7 venues Perpia tracks and negative on 2. The highest is +59.5% on dYdX; the lowest is -13.2% on Nado.

What is the best WTI funding arbitrage right now?

Go long Ostium and short dYdX for about 51.0% net APR after fees — the widest delta-neutral WTI spread Perpia currently sees.

Which exchange has the highest WTI funding rate?

dYdX, at +59.5% annualized. Funding shifts continuously, so check the live table above before trading.

How WTI 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.