ARB funding rates

ARB perpetual funding is currently quoted across 14 venues, ranging from -4.4% to +11.4% APR. The most reliable delta-neutral pairing for ARB right now is long Variational / short Nado at +3.2% net APR (high risk, ~3.1d to break even).

as of 2026-09-12 14:38 UTC
Best delta-neutral pairing
Long Variational / Short Nado
+3.2% net APR
Backtested (30d)
+20.8%
Stability
79.7%
Risk
high
Breakeven
~3.1d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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ARB funding by exchange

ExchangeFunding APR
Extended+11.39%
Hyperliquid+10.95%
Pacifica+10.95%
Grvt+10.95%
TxFlow+10.95%
Aster+10.95%
Nado+10.95%
Lighter+10.51%
SoDEX+10.07%
Polymarket+9.32%
Variational+2.35%
dYdX+0.00%
n1xyz-1.75%
Kraken-4.41%

Frequently asked

What is the ARB funding rate right now?

ARB perpetual funding ranges from -4.41% to 11.39% APR across 14 exchanges we track; the widest delta-neutral spread is long Variational / short Nado at 3.2% net APR.

Which exchange has the highest ARB funding rate?

Extended currently has the highest at 11.39% APR. See the full ranking above.