Meridian Funding
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API3 funding rate comparison

Live perpetual-futures funding for API3 across 3 exchanges, ranked by annualized rate. A positive rate means longs pay shorts.

Funding-arbitrage candidate

~5.5% APR delta-neutral carry on API3

Long API3 on Binance (+5.47% APR) and short it on Gate (+10.95% APR), equal notional on each leg. The position is price-neutral; the funding you net per year ≈ the spread. Before fees/slippage. Not advice.

ExchangePer intervalPer dayAPR (annualized)
Gate +0.0100% +0.0300% +10.95% Trade API3 →
Binance +0.0050% +0.0150% +5.47% Trade API3 →
Bybit +0.0050% +0.0150% +5.47% Trade API3 →

As of 2026-06-23 17:26 UTC. APR assumes the current rate repeats at each funding interval (typically every 8h = 3×/day).

How to read this

  • Cheapest to be long API3: Binance (+5.47% APR) — the least you pay (or the most you get paid) to hold a long.
  • Cheapest to be short API3: Gate (+10.95% APR).
  • Funding is paid between traders, not to the exchange. The exchange still charges a separate trading fee.

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