ARPA Funding Rate
ARPA perpetual funding on 10 exchanges: the current rate, annualized, what was actually paid and the payment history. Positive means longs pay shorts.
Updated · How we count
ARPA funding rate on every exchange
| Exchange | Rate per 8 h | Per period | Predicted | By premium | Annual | 1 day · 7 days · 30 days | Next payment | 24h volume | ||
|---|---|---|---|---|---|---|---|---|---|---|
 KuCoin8 hbest long | −0.0271% | −0.0271% | — | — | −29.7% | −0.0072% | +0.0905% | +0.233% | $100.6K | |
 XT8 h | −0.0042% | −0.0042% | — | −0.0013% | −4.6% | +0.0357% | +0.227% | +0.470% | $82.2K | |
 WEEX8 h | −0.0042% | −0.0042% | — | −0.0052% | −4.6% | +0.0300% | +0.201% | +0.217% | $220.5K | |
 MEXC8 h | −0.0042% | −0.0042% | — | +0.0100% | −4.6% | +0.0300% | +0.201% | +0.215% | $114.9K | |
 Toobit8 h | −0.0038% | −0.0038% | — | +0.0100% | −4.2% | +0.0300% | +0.202% | +0.219% | $464.5K | |
 Binance8 h | −0.0038% | −0.0038% | — | +0.0100% | −4.2% | +0.0300% | +0.202% | +0.222% | — | |
 Deepcoin8 h | +0.0071% | +0.0071% | — | — | 7.8% | +0.0300% | +0.0493% | −0.473% | $293.3K | |
 WhiteBIT8 h | +0.0100% | +0.0100% | — | −0.0420% | 11.0% | +0.0300% | +0.210% | +0.720% | $420.2K | |
 Bybit8 h | +0.0100% | +0.0100% | — | +0.0100% | 11.0% | +0.0300% | +0.169% | +0.134% | $59.6K | |
 BingX8 hbest short | +0.0100% | +0.0100% | — | +0.0216% | 11.0% | +0.0300% | +0.210% | +0.598% | $1.2M | |
What ARPA funding actually paid
Over 7 days, a ARPA long paid +0.176% on average across exchanges (9.2% a year). The most on XT (+0.227%), the least on Deepcoin (+0.0493%).
Over 30 days, a ARPA long paid +0.256% on average across exchanges (3.1% a year). The most on WhiteBIT (+0.720%), the least on Deepcoin (−0.473%).
ARPA funding rate history chart
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ARPA funding arbitrage right now
Among the exchanges that publish a 24h volume, the lowest rate now is on KuCoin (−0.0271% per 8 h), the highest on BingX (+0.0100%). Long on KuCoin and short on BingX, price hedged: a difference of 40.6% a year before fees and before the rates move.
Rates only. The price spread between the two perps, fees to enter and exit, book depth and whether the rate holds are in the futures screener →
ARPA perpetual futures by exchange
BingXARPA/USDT:USDT$0.00977800$1.2MToobitARPA/USDT:USDT$0.00977250$464.5KWhiteBITARPA/USDT:USDT$0.00977350$420.2KDeepcoinARPA/USDT:USDT$0.00977250$293.3KWEEXARPA/USDT:USDT$0.00977200$220.5KMEXCARPA/USDT:USDT$0.00977500$114.9KKuCoinARPA/USDT:USDT$0.00977400$100.6KXTARPA/USDT:USDT$0.00977500$82.2KBybitARPA/USDT:USDT$0.00977900$59.6KBinanceARPA/USDT:USDT$0.00977300—FAQ
- What is the ARPA funding rate?
A periodic payment between long and short holders of ARPA perpetual futures that keeps the contract price near spot. When the rate is positive, longs pay shorts; when negative, shorts pay longs. Right now it ranges from −0.0271% to 0.0100% per 8 hours across 10 exchanges.
- How often is ARPA funding paid?
Every 8 hours on most exchanges, every 1–4 hours on some (Hyperliquid pays hourly). The table shows each exchange's interval and the time to the next payment.
- Why is the ARPA funding rate different on each exchange?
Each exchange computes it from its own premium of perpetual over index price and its own interval and caps. The difference is what funding arbitrage earns: short where funding is highest, long where it is lowest.
- Does a high APR mean high profit?
No. APR extrapolates the current rate over a year, and rates change every period. Compare it with what was actually paid over 7 and 30 days in the table above.