# NPC Funding Rates

As of 2026-10-04 07:02 UTC, NPC perpetual funding averages 0.0293% per 8 hours (32.03% APR) across all 2 exchanges that list it, weighted by 24h volume (median 0.0250%). Highest: MEXC at 0.0200% per 4h (43.80% APR). Lowest: KuCoin at 0.0050% per 4h (10.95% APR). Going long on KuCoin and short on MEXC collects a gross spread of 0.0300% per 8 hours (32.85% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [MEXC](https://arbtide.com/funding-rates/npc/mexc) | [NPC/USDT:USDT](https://www.mexc.com/futures/NPC_USDT) | 0.0200% | 4h | 43.80% | 2026-10-04 08:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/npc/kucoin) | [NPC/USDT:USDT](https://www.kucoin.com/trade/futures/NPCUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |

## Frequently asked questions

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

Yes. NPC funding is positive on 2 of the 2 exchanges, which means longs are paying shorts on those venues.

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

MEXC at 0.0200% per 4h (43.80% APR). The lowest is KuCoin at 0.0050% per 4h (10.95% APR).

### What is the NPC funding arbitrage spread?

The gross spread is 0.0300% per 8 hours (32.85% APR): long NPC on KuCoin and short on MEXC. Trading fees, slippage and price basis reduce the net return.

### How often is NPC funding paid?

NPC funding is paid every 4 hours on MEXC and KuCoin. Rates on this page are also shown as APR so they can be compared directly.