Funding Arbitrage Scanner
Compare funding rate spreads across exchanges to find profitable arbitrage setups.
How Funding Rate Arbitrage Works
Funding rate arbitrage exploits the difference in periodic payments between exchanges. When one exchange pays a high positive rate (shorts earn) and another pays a low or negative rate (longs earn), traders can open opposite positions to capture the spread as risk-neutral yield.
The scanner calculates the spread between the highest and lowest funding rates for each trading pair, shows the annualized yield, and indicates whether the pair can be hedged with spot positions on other exchanges.
Funding Arbitrage FAQ
- What is funding rate arbitrage?
Funding rate arbitrage involves opening opposite positions on different exchanges to capture the spread between their funding rates as yield, while maintaining a market-neutral position.
- What does annualized yield mean here?
The annualized yield projects the current funding rate spread over a full year, assuming rates remain constant. Actual returns vary as rates change every 8 or 12 hours.
- What does hedgeable mean?
A pair is hedgeable when spot markets are available on at least one exchange, allowing you to hedge your futures position with a spot position for lower risk.
- How often does the data update?
Funding rate data refreshes every 5 minutes from all supported exchanges.