Funding arbitrage

Perpetual funding rates differ between exchanges. Long where the rate is lower, short where it is higher — delta-neutral income up to 3 times a day. Pick a coin to see the live yield calculation.

Funding BTCFunding ETHFunding SOLFunding XRPFunding BNBFunding DOGEFunding ADAFunding AVAXFunding LINKFunding TONFunding DOTFunding TRXFunding MATICFunding LTCFunding NEARFunding UNIFunding APTFunding ARBFunding OPFunding ATOMFunding SUIFunding INJFunding TIAFunding SEIFunding PEPEFunding WIFFunding BONKFunding WLDFunding ORDIFunding FILFunding AAVEFunding MKRFunding RNDRFunding LDOFunding CRVFunding DYDXFunding ETCFunding HBARFunding STXFunding JTOFunding TAOFunding ENAFunding ONDOFunding JUPFunding PYTHFunding STRKFunding EIGENFunding ETHFIFunding WFunding GALAFunding SANDFunding MANAFunding AXSFunding IMXFunding GRTFunding SNXFunding COMPFunding RUNEFunding KAVAFunding ALGOFunding VETFunding ICPFunding XLMFunding BCH

Frequently asked questions

What is funding-rate arbitrage?

Perpetual contracts pay a funding fee between longs and shorts, and each exchange sets its own rate. Long the venue paying less, short the venue paying more, and you collect the difference every funding window with the price fully hedged.

How much does a funding trade pay?

The payout is the rate gap times position size, credited up to three times a day on the usual 8-hour schedule. Gaps on majors are small and steady; the large ones show up on freshly listed or heavily crowded contracts.

What are the risks?

Rates reset each window, so an edge can disappear before the next payment. Entry fees and slippage eat part of the gap, and both legs need enough margin to survive a sharp move — the hedge protects the price, not the margin.

Exchanges for crypto arbitrage →