M funding rates
M perpetual funding is currently quoted across 2 venues, ranging from +10.9% to +262.0% APR. The most reliable delta-neutral pairing for M right now is long Aster / short Variational at +235.2% net APR (high risk, ~0.5d to break even).
as of 2026-10-27 21:40 UTC
Best delta-neutral pairing
Long Aster / Short Variational
+235.2% net APR
- Backtested (30d)
- -2.8%
- Stability
- 44.1%
- Risk
- high
- Breakeven
- ~0.5d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeM funding by exchange
| Exchange | Funding APR |
|---|---|
| Variational | +262.04% |
| Aster | +10.95% |
Frequently asked
What is the M funding rate right now?
M perpetual funding ranges from 10.95% to 262.04% APR across 2 exchanges we track; the widest delta-neutral spread is long Aster / short Variational at 235.2% net APR.
Which exchange has the highest M funding rate?
Variational currently has the highest at 262.04% APR. See the full ranking above.