Live crypto funding rates & arbitrage spreads
Current funding rate spreads for perpetual futures across 10+ exchanges. Each row pairs the venue where funding is lowest (long leg) with the venue where it is highest (short leg) — the annualized net spread is what a delta-neutral position would collect at current rates.
| Market | Long venue | Short venue | Funding APR | 1d realized | 7d realized | Stability |
|---|---|---|---|---|---|---|
| 1000000MOG | bybit | kucoin | 305.6% | 28.7% | 4.1% | 0% |
| MOVE | extended | kucoin | 266.7% | 22.4% | 35.3% | 0% |
| SKHYNIX | extended | okx | 231.8% | -12.0% | 2.8% | 0% |
| JCT | bybit | kucoin | 224.5% | 33.8% | 11.8% | 0% |
| ACE | binance | hyperliquid | 197.1% | 2947.8% | 1850.1% | 0% |
| RVN | okx | bybit | 194.9% | 83.8% | -48.8% | 0% |
| 4 | binance | bybit | 188.2% | 54.7% | 17.4% | 0% |
| SAMSUNG | bybit | okx | 170.6% | 14.9% | 2.9% | 0% |
| XPIN | kucoin | binance | 147.8% | 30.8% | 16.2% | 0% |
| BIRB | kucoin | binance | 143.0% | 11.5% | 32.0% | 0% |
| XVS | bybit | kucoin | 142.2% | 20.6% | 21.4% | 11% |
| BICO | binance | okx | 138.6% | 100.1% | 34.7% | 0% |
| COLLECT | binance | kucoin | 137.7% | 74.6% | 67.0% | 0% |
| TAC | binance | kucoin | 135.8% | 57.6% | 50.8% | 0% |
| XAI | hyperliquid | bybit | 134.0% | 61.4% | 44.9% | 0% |
| CAP | okx | lighter | 133.3% | 10.9% | -14.4% | 0% |
| XDC | bybit | kucoin | 131.8% | 4.9% | 2.2% | 0% |
| HOLO | binance | kucoin | 126.0% | 98.9% | 29.9% | 0% |
| PIEVERSE | bybit | kucoin | 125.7% | 27.9% | 12.6% | 0% |
| US | binance | kucoin | 115.2% | 27.1% | 50.1% | 0% |
| COTI | kucoin | binance | 114.4% | -30.8% | -42.5% | 0% |
| MASK | bybit | binance | 110.7% | -1.8% | 0.9% | 0% |
| ZORA | hyperliquid | bybit | 110.1% | 50.0% | 55.3% | 0% |
| ARIA | kucoin | binance | 110.0% | 26.4% | 12.4% | 0% |
| BMT | binance | kucoin | 105.6% | 13.9% | 32.6% | 0% |
Last updated 2026-08-17 19:25 UTC · showing top 25 of 652 tracked markets. Full rankings, filters and per-market history are in the dashboard.
How to read this table
A perpetual futures contract charges a funding rate every settlement interval to keep its price tied to the underlying index. Because each exchange sets funding from its own order flow, the same market can pay very different rates on different venues at the same moment. The table above finds, for every market, the venue pair with the widest gap.
- Funding APR — the current net spread (short-venue rate minus long-venue rate), annualized. It is an instantaneous figure: rates reset every interval and can compress quickly.
- 1d / 7d realized — what the same venue pair actually paid over the last day and week, annualized. A high current APR with a much lower 7-day figure usually means a short-lived spike.
- Stability — how consistently the spread has held its sign and size. Low stability means the opportunity flips or decays fast and may not survive your entry.
The current APR is the headline, but execution decides the outcome: opening and closing both legs costs the cross-exchange spread plus fees, which can consume days of funding income. See the execution costs guide for the breakeven math, and the risk guide before sizing any position.
Methodology
NDA-Trade streams funding rates and order books directly from each exchange's public API, normalizes symbols across venues, and recomputes the best long/short pairing per market continuously. Realized windows are computed from stored per-settlement rates; annualization assumes the venue's settlement cadence. Public pages show a cached snapshot of the top markets, refreshed every few minutes; the dashboard shows the full universe in real time.
Funding rate questions
What does the funding APR mean?
It is the current net funding spread between the best long and short venue, annualized. If the short venue charges longs 0.01% per 8 hours and the long venue pays 0.005%, the net 0.015% per interval compounds to roughly 16% per year at constant rates — but rates reset every interval, so treat APR as a snapshot, not a promise.
Why do funding rates differ between exchanges?
Each exchange computes funding from its own perp-versus-index premium and its own order flow. Leverage demand, listings, incentives and user base differ per venue, so the same market can pay very different funding at the same moment.
What is a good funding APR for arbitrage?
There is no universal threshold. What matters is the realized spread over your intended holding period minus round-trip execution costs and fees. A stable 15% APR with cheap entry often beats a 100% APR spike that decays within hours.
Why do the 1-day and 7-day figures differ from the current APR?
The current APR annualizes this instant's rates; the realized windows annualize what the same venue pair actually paid over the past day or week. A large gap usually means the current spread is a short-lived spike or has recently compressed.
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