XPT Funding Rate — live across 12 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized XPT perpetual funding across all 12 venues Perpia tracks. Right now XPT funding is positive on 12 and negative on 0, ranging from +55.6% on Hyperliquid to +0.2% on GMTrade — a spread of 55.4%. The widest delta-neutral trade is long GMTrade / short Hyperliquid at 50.6% net APR.
XPT funding rate by venue
53 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Hyperliquid | +55.6% | 1h |
| trade.xyz | +55.6% | 1h |
| Bitget | +53.9% | 4h |
| Paradex | +39.2% | 8h |
| KuCoin | +37.2% | 4h |
| OKX | +34.7% | 8h |
| Variational | +27.3% | 4h |
| Extended | +19.3% | 1h |
| MEXC | +17.5% | 8h |
| Gate.io | +10.9% | 4h |
| Ostium | +5.1% | 1h |
| GMTrade | +0.2% | 1h |
Rates annualized; updated ~every few minutes from live venue data.
Loading XPT backtest…
XPT funding — FAQ
Is XPT funding positive right now?
XPT perpetual funding is positive on 12 of 12 venues Perpia tracks. The highest is +55.6% on Hyperliquid; the lowest is +0.2% on GMTrade.
What is the best XPT funding arbitrage right now?
Go long GMTrade and short Hyperliquid for about 50.6% net APR after fees — the widest delta-neutral XPT spread Perpia currently sees.
Which exchange has the highest XPT funding rate?
Hyperliquid, at +55.6% annualized. Funding shifts continuously, so check the live table above before trading.
How XPT 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.