NOW funding rates

NOW perpetual funding is currently quoted across 7 venues, ranging from +0.0% to +14.7% APR. The most reliable delta-neutral pairing for NOW right now is long Grvt / short TradeXYZ at +4.5% net APR (low risk, ~4.5d to break even).

as of 2026-10-27 21:43 UTC
Best delta-neutral pairing
Long Grvt / Short TradeXYZ
+4.5% net APR
Backtested (30d)
-15.3%
Stability
53.7%
Risk
low
Breakeven
~4.5d

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

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NOW funding by exchange

ExchangeFunding APR
TradeXYZ+14.69%
Lighter+3.50%
QFEX+0.00%
Variational+0.00%
Aster+0.00%
Grvt+0.00%
Extended+0.00%

Frequently asked

What is the NOW funding rate right now?

NOW perpetual funding ranges from 0.00% to 14.69% APR across 7 exchanges we track; the widest delta-neutral spread is long Grvt / short TradeXYZ at 4.5% net APR.

Which exchange has the highest NOW funding rate?

TradeXYZ currently has the highest at 14.69% APR. See the full ranking above.