cat in a dogs world (MEW) Funding Rate History
cat in a dogs world (MEW) perpetual futures funding ranges from -2.40 bps on VARIATIONAL to 1.00 bps on BINGX across 10 reporting venues, a spread of 3.40 bps. The most extreme rate (-26.28% APY annualized) is on VARIATIONAL. Currently funding signs are mixed: 8 positive, 2 negative.
A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on MEW price.
MEW Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| VARIATIONAL | -2.40 bps | -26.28% APY | -2.00 bps | $29.57 |
| BINGX | 1.00 bps | 10.95% APY | 0.90 bps | $6.80M |
| BINANCE | 1.00 bps | 10.95% APY | 0.50 bps | $651.10K |
| BYBIT | 1.00 bps | 10.95% APY | 0.30 bps | $330.17K |
| OKX | 1.00 bps | 10.95% APY | 0.60 bps | $308.19K |
| MEXC | 1.00 bps | 10.95% APY | 0.50 bps | $118.77K |
| KUCOIN | 1.00 bps | 10.95% APY | 0.10 bps | $79.93K |
| PHEMEX | 1.00 bps | 10.95% APY | 0.90 bps | $56.24K |
| GATEIO | 1.00 bps | 10.95% APY | 0.00 bps | $21.19K |
| BITGET | -0.70 bps | -7.66% APY | -0.30 bps | $263.85K |
Last updated 2026-07-16T07:43:43Z (UTC).
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Related: MEW open interest, MEW volume, MEW perp market data.