Funding rate arbitrage
Funding rates from 9 exchanges and the best delta-neutral LONG/SHORT pairs.
Frequently asked questions
Who pays whom?
With a positive rate longs pay shorts; with a negative rate shorts pay longs.
Why do some coins settle every 1 or 4 hours?
Exchanges shorten the interval for volatile coins. We account for it when computing APR.
Are fees included?
Yes, set your trading fee and it is deducted four times.
What is funding rate arbitrage
Perpetual futures exchange payments between longs and shorts every 1–8 hours. When a coin has a high funding rate on one exchange and a low or negative one on another, you can short where it is high and long where it is low. The position is price-neutral and earns the rate difference.
Reading the table
Rates are normalised per hour so exchanges with 1h, 4h and 8h intervals compare fairly. APR assumes the current rate stays constant; profit estimates subtract four trading fees (open and close on both exchanges).
Risks
Rates change every period, prices can diverge between venues and a sharp move can push one leg towards liquidation. Keep leverage moderate.