BTC funding rate on Perpl
Over the last 30 days, BTC funding on Perpl averaged +1.3% APR and stayed positive 49.3% of the time, ranging from -48.9% to +48.9%. Right now it pays longs pay shorts at +48.9% APR, settled every 1h across 24 venues we track. The most reliable delta-neutral pairing for BTC right now is long Hibachi / short Phoenix at +20.9% net APR (low risk, ~1.5d to break even).
BTC funding history on Perpllast 30d
- Backtested (30d)
- +7.7%
- Stability
- 87.6%
- Risk
- low
- Breakeven
- ~1.5d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeNot ready to trade? Get a Telegram ping when BTC's delta-neutral funding APR spikes — no sign-up, no wallet needed. The bot confirms your exact watch level.
How BTC funding compares across venues
| Exchange | Funding APR |
|---|---|
| Perpl | +48.89% |
| Phoenix | +26.16% |
| Kraken | +20.53% |
| Extended | +11.39% |
| Hyperliquid | +10.95% |
| Ondo | +10.95% |
| Polymarket | +10.95% |
| Pacifica | +10.95% |
| Variational | +10.95% |
| Arcus | +10.95% |
| PopDEX | +10.95% |
| Aster | +10.95% |
| Grvt | +10.95% |
| SoDEX | +10.95% |
| Nado | +10.95% |
| Katana | +10.93% |
| Paradex | +10.90% |
| Decibel | +10.51% |
| Lighter RH | +10.51% |
| Lighter | +10.51% |
| TxFlow | +9.95% |
| dYdX | +9.54% |
| RiseX | +7.09% |
| Hibachi | +1.53% |
Frequently asked
What is the current BTC funding rate on Perpl?
BTC on Perpl is funding at 48.89% APR (0.0040% every 1h), paid longs pay shorts, as of 2026-10-19 22:09 UTC.
How often does Perpl pay funding on BTC?
Every 1 hour.
How do I earn BTC funding without price risk?
Open a delta-neutral position: long Hibachi and short Phoenix, currently 20.9% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.