PAYP funding rates and arbitrage

PAYP perpetuals trade on 7 contracts across 7 venues, forming 21 cross-venue arbitrage pairs. By net APR the current best pair is long Aster against short MEXC, netting +262.58%, with both legs settling on the same cadenceใ€‚

PAYP perpetual funding rates by venue

APR = current rate ร— (24 รท settlement interval) ร— 365. Venues settle on different cadences, so rates must be annualised before comparing.

VenueContractMarginSettlementCurrent rateAPR24h avg APR24h volumeMark
KuCoinPAYPUSDTMUSDT8h0.0273%+29.89%+58.70%$385K15.750
LBankPAYPUSDTUSDT8h0.2386%+261.22%+167.02%$216K15.730
MEXCPAYPSTOCK_USDTUSDT8h0.2398%+262.58%+166.94%$103K15.720
GatePAYP_USDTUSDT8h0.0000%0.00%0.00%$8K15.720
HTXPAYP-USDTUSDT8h0.0299%+32.77%+135.31%$3K15.700
Crypto.comPAYPUSD-PERPUSD4h0.0629%+137.66%+69.66%$87115.730
AsterPAYPUSDTUSDT8h0.0000%0.00%+22.79%$3515.739

PAYP cross-venue arbitrage pairs

Short the higher-APR leg and go long the lower one; net APR = short leg โˆ’ long leg.

LongShortNet APRDaily24h avgSettlementLiquidity
Aster USDTMEXC USDT+262.58%0.7194%+144.16%8h matched$35
Gate USDTMEXC USDT+262.58%0.7194%+166.94%8h matched$8K
Aster USDTLBank USDT+261.22%0.7157%+144.23%8h matched$35
Gate USDTLBank USDT+261.22%0.7157%+167.02%8h matched$8K
KuCoin USDTMEXC USDT+232.69%0.6375%+108.24%8h matched$103K
KuCoin USDTLBank USDT+231.32%0.6338%+108.32%8h matched$216K
HTX USDTMEXC USDT+229.82%0.6296%+31.63%8h matched$3K
HTX USDTLBank USDT+228.45%0.6259%+31.71%8h matched$3K
Aster USDTCrypto.com USD+137.66%0.3771%+46.87%8h / 4h$35
Gate USDTCrypto.com USD+137.66%0.3771%+69.66%8h / 4h$871
Crypto.com USDMEXC USDT+124.92%0.3423%+97.28%4h / 8h$871
Crypto.com USDLBank USDT+123.56%0.3385%+97.36%4h / 8h$871

PAYP project profile

Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.

Funding rates for other coins

Snapshot taken 2026-10-19 13:45 UTC; the page regenerates every minute. For live data, history charts and filters, open the live dashboard, or browse All coins.