PAYP funding rates
PAYP perpetual funding is currently quoted across 3 venues, ranging from +0.0% to +67.5% APR. The most reliable delta-neutral pairing for PAYP right now is long Variational / short Grvt at +12.1% net APR (low risk, ~5.4d to break even).
as of 2026-09-09 12:47 UTC
Best delta-neutral pairing
Long Variational / Short Grvt
+12.1% net APR
- Backtested (30d)
- -29.6%
- Stability
- 19.6%
- Risk
- low
- Breakeven
- ~5.4d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradePAYP funding by exchange
| Exchange | Funding APR |
|---|---|
| Grvt | +67.45% |
| Variational | +37.71% |
| Aster | +0.00% |
Frequently asked
What is the PAYP funding rate right now?
PAYP perpetual funding ranges from 0.00% to 67.45% APR across 3 exchanges we track; the widest delta-neutral spread is long Variational / short Grvt at 12.1% net APR.
Which exchange has the highest PAYP funding rate?
Grvt currently has the highest at 67.45% APR. See the full ranking above.