CAD funding rates and arbitrage

Name: CAD funding rates and arbitrage
Creator: AfterFees
License: https://afterfees.xyz/methodology

Updated 2026-11-11 22:54 UTC

Best CAD arbitrage after every cost

No CAD pair nets a profit at this size right now.

At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.

CAD funding rate on every exchange

Exchange	Contract	Rate	Every	Annualised	Settled 7d, annualised	Open interest	Next settlement
Hibachi	CAD/USDT-P	0.0051%	1 h	+44.7%	+14.4%	$18K	2026-11-11 23:00
MEXC	CAD_USDT	0.0121%	4 h	+26.5%	+21.2%	$21.8M	2026-11-12 00:00
LBank	CADUSDT	0.0121%	4 h	+26.5%	+19.6%	—	2026-11-12 00:00

Cost to enter $10,000 of CAD

Exchange	Contract	Fee + slippage	Source
MEXC	CAD_USDT	4.7 bp	top of book only
Gate	CAD_USDT (spot)	31.2 bp	top of book only

Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.

Questions

Is CAD funding-rate arbitrage profitable right now?

Not at $10,000 per side for 7 days: no CAD pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

Which exchange has the highest CAD funding rate?

Hibachi at +44.7% a year (0.0051% every 1 h); the lowest is LBank at +26.5%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.