CARVANA perpetual futures
CARVANA perpetuals trade on 1 markets. 24h volume $7.2K, open interest $14.1K. Best funding APR -147.40% on variational. Cheapest $100k execution (24h median): 354.94 bps on variational.
Funding rates by venue
Live funding rate, price, liquidity and the funding actually paid over the last 24 hours, 7 and 30 days for CARVANA on every venue we track.
| Exchange | Symbol | Price | 24h volume | Open interest | Funding / interval | Funding APR | Paid 24h | Paid 7d | Paid 30d |
|---|---|---|---|---|---|---|---|---|---|
| variational | CVNA | 58.91 | $7.2K | $14.1K | -0.1346% | -147.40% | — | — | — |
Funding spread across venues
CARVANA trades on 1 venue(s) we track, so there is nothing to compare yet.
Liquidity
Across the venues listed above CARVANA shows $7.2K of 24h volume and $14.1K of open interest. The deepest venue by 24h volume is variational at $7.2K.
Execution cost
The cheapest venue to open a $100k position in CARVANA, measured as the 24h median of the full cost including taker fee and slippage, is variational at 354.94 bps. Funding only pays off once the cost of getting in and out is covered, so this number belongs next to the APR above.
What the funding rate on CARVANA means
A perpetual future on CARVANA has no expiry, so venues use a funding payment to keep its price tied to spot. When the perp trades above spot, longs pay shorts; when it trades below, shorts pay longs. The rate shown per venue is the share of position size paid at each settlement, and the APR is that share annualised over the venue's own interval. Venues settle CARVANA on different schedules: 8h.
Because every venue computes its own rate from its own order book, the same asset can pay very differently in the same hour. The "paid" columns show what was actually settled rather than what is quoted now, which is the honest way to judge whether a CARVANA position earned or cost money.
Frequently asked questions
What is the funding rate on CARVANA right now?
CARVANA trades on 1 venue(s) we track, so there is nothing to compare yet.
Which venue has the most liquid CARVANA perpetual?
Across the venues listed above CARVANA shows $7.2K of 24h volume and $14.1K of open interest. The deepest venue by 24h volume is variational at $7.2K.
How often is funding paid on CARVANA?
Venues settle CARVANA on different schedules: 8h.
Data generated at 2026-10-22T05:49:05Z. Live numbers load on this page automatically.