CAP funding rates

CAP perpetual funding is currently quoted across 3 venues, ranging from -18.2% to +10.9% APR. The most reliable delta-neutral pairing for CAP right now is long Variational / short Aster at +21.1% net APR (high risk, ~2.4d to break even).

as of 2026-10-19 21:21 UTC
Best delta-neutral pairing
Long Variational / Short Aster
+21.1% net APR
Backtested (30d)
-8.4%
Stability
29.9%
Risk
high
Breakeven
~2.4d

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

Open this trade

CAP funding by exchange

ExchangeFunding APR
Aster+10.95%
Lighter+10.51%
Variational-18.18%

Frequently asked

What is the CAP funding rate right now?

CAP perpetual funding ranges from -18.18% to 10.95% APR across 3 exchanges we track; the widest delta-neutral spread is long Variational / short Aster at 21.1% net APR.

Which exchange has the highest CAP funding rate?

Aster currently has the highest at 10.95% APR. See the full ranking above.