# CNPY Funding Rates

As of 2026-10-04 03:47 UTC, CNPY perpetual funding averages 0.0093% per 8 hours (10.22% APR) across all 6 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: OKX at 0.0050% per 4h (10.95% APR). Lowest: BingX at 0.0035% per 4h (7.66% APR). Going long on BingX and short on OKX collects a gross spread of 0.0030% per 8 hours (3.29% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [OKX](https://arbtide.com/funding-rates/cnpy/okx) | [CNPY/USDT:USDT](https://www.okx.com/trade-swap/cnpy-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [Gate](https://arbtide.com/funding-rates/cnpy/gate) | [CNPY/USDT:USDT](https://www.gate.com/futures/USDT/CNPY_USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/cnpy/mexc) | [CNPY/USDT:USDT](https://www.mexc.com/futures/CNPY_USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [LBank](https://arbtide.com/funding-rates/cnpy/lbank) | [CNPY/USDT:USDT](https://www.lbank.com/futures/cnpyusdt) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/cnpy/weex) | [CNPY/USDT:USDT](https://www.weex.com/futures/CNPY-USDT) | 0.0048% | 4h | 10.56% | 2026-10-04 03:47 UTC |
| [BingX](https://arbtide.com/funding-rates/cnpy/bingx) | [CNPY/USDT:USDT](https://bingx.com/en/perpetual/CNPY-USDT) | 0.0035% | 4h | 7.66% | — |

## Frequently asked questions

### Is the CNPY funding rate positive right now?

Yes. CNPY funding is positive on 6 of the 6 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest CNPY funding rate?

OKX at 0.0050% per 4h (10.95% APR). The lowest is BingX at 0.0035% per 4h (7.66% APR).

### What is the CNPY funding arbitrage spread?

The gross spread is 0.0030% per 8 hours (3.29% APR): long CNPY on BingX and short on OKX. Trading fees, slippage and price basis reduce the net return.

### How often is CNPY funding paid?

CNPY funding is paid every 4 hours on OKX, Gate, MEXC, LBank, WEEX, and BingX. Rates on this page are also shown as APR so they can be compared directly.