TRB funding rates

TRB perpetual funding is currently quoted across 4 venues, ranging from -71.3% to +10.9% APR. The most reliable delta-neutral pairing for TRB right now is long Kraken / short Hyperliquid at +59.0% net APR (low risk, ~2.5d to break even).

as of 2026-09-08 23:11 UTC
Best delta-neutral pairing
Long Kraken / Short Hyperliquid
+59.0% net APR
Backtested (30d)
+45.0%
Stability
77.1%
Risk
low
Breakeven
~2.5d

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

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TRB funding by exchange

ExchangeFunding APR
Hyperliquid+10.95%
Variational+10.95%
Aster-11.33%
Kraken-71.25%

Frequently asked

What is the TRB funding rate right now?

TRB perpetual funding ranges from -71.25% to 10.95% APR across 4 exchanges we track; the widest delta-neutral spread is long Kraken / short Hyperliquid at 59.0% net APR.

Which exchange has the highest TRB funding rate?

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