PAYP Funding Rates: Live Across 11 Exchanges

As of 2026-10-03 06:26 UTC, PAYP perpetual funding averages 0.0095% per 8 hours (10.45% APR) across all 11 exchanges that list it, weighted by 24h volume (median 0.0000%). Highest: WEEX at 0.1842% per 8h (201.74% APR). Lowest: Toobit at 0.0000% per 8h (0.00% APR). Going long on Toobit and short on WEEX collects a gross spread of 0.1842% per 8 hours (201.74% APR) before fees.

Long PAYP on Toobit and short on WEEX for a funding gap of 0.1842% 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 no. PAYP funding is positive on 3 of the 11 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest PAYP funding rate?

WEEX at 0.1842% per 8h (201.74% APR). The lowest is Toobit at 0.0000% per 8h (0.00% APR).

What is the PAYP funding arbitrage spread?

The gross spread is 0.1842% per 8 hours (201.74% APR): long PAYP on Toobit and short on WEEX. Trading fees, slippage and price basis reduce the net return.

How often is PAYP funding paid?

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