PAYP Funding Rates: Live Across 11 Exchanges

As of 2026-10-05 05:12 UTC, PAYP perpetual funding averages 0.0751% per 8 hours (82.21% APR) across all 11 exchanges that list it, weighted by 24h volume (median 0.0869%). Highest: LBank at 0.2165% per 8h (237.03% APR). Lowest: WEEX at -0.0101% per 8h (-11.10% APR). Going long on WEEX and short on LBank collects a gross spread of 0.2266% per 8 hours (248.13% APR) before fees.

Long PAYP on WEEX and short on LBank for a funding gap of 0.2266% per 8 hours. Trading fees, slippage and the price basis between venues reduce the net return; the funding table shows it after fees for your size. See how this gap moved. Learn how funding rate arbitrage works and what a funding rate is.

Frequently asked questions

Is the PAYP funding rate positive right now?

Mostly yes. PAYP funding is positive on 7 of the 11 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest PAYP funding rate?

LBank at 0.2165% per 8h (237.03% APR). The lowest is WEEX at -0.0101% per 8h (-11.10% APR).

What is the PAYP funding arbitrage spread?

The gross spread is 0.2266% per 8 hours (248.13% APR): long PAYP on WEEX and short on LBank. Trading fees, slippage and price basis reduce the net return.

How often is PAYP funding paid?

PAYP funding is paid every 8 hours on XT.COM, LBank, Deepcoin, Binance, Toobit, KuCoin, Gate, HTX, Aster, and WEEX; every hour on Crypto.com. Rates on this page are also shown as APR so they can be compared directly.