Funding Rate Scanner
Live Crypto Funding Rates Monitor & Real-Time Perp Data
Track live perpetual futures funding rates across Binance, Bybit, OKX, MEXC, and 20+ exchanges. Filter by rate magnitude, volume, and interval to identify high-yield opportunities.
Complete Guide to Perpetual Funding Rates & Arbitrage
Funding rates (funding fees) are periodic payments exchanged between long and short contract holders on perpetual futures markets. Their main purpose is to prevent persistent price divergence between the perpetual contract price and the underlying spot index. With our real-time monitoring scanner, you can leverage these rates to execute low-risk, market-neutral arbitrage strategies.
How to Execute Funding Rate Arbitrage
- •To start, open a delta-neutral position. Buy the selected asset on the spot market and simultaneously open a short position of equal size on perpetual futures for the same coin. This removes directional price risk.
- •Collecting Funding Payments: If the funding rate is positive, long holders pay short holders, meaning you collect the fee on your short position. If funding is negative, shorts pay longs, meaning you can profit by holding a long position hedged with a short on another exchange with lower rates.
- •Monitoring & Maintenance: While the funding rate remains favorable, maintain the positions. You will accrue payouts every settlement cycle (usually 8h, 4h, or 1h for DEX). Check margin requirements to avoid liquidation on the futures side.
- •Exiting & Profit Capture: Close both spot and futures positions simultaneously once the funding gap narrows or flips. Ensure the spot-futures price spread is favorable during closure to avoid slippage.
Conditions for Profitable Arbitrage
- •Sufficient Funding Spread: The gap between funding rates on different venues (or the absolute rate on one venue) must be large enough to offset trading fees and operational costs.
- •Fee Sensitivity: Trading fees (maker/taker) and transfer fees directly affect net APY. Favor exchanges with low fee tiers and VIP rates.
- •Price Premium/Discount Spreads: Entering trades when the perpetual contract trades at a premium over spot provides additional return as the basis converges upon closing.
Arbitrage Risk Factors
- •Funding Rate Reversal: Funding rates are dynamic. A high positive rate can quickly turn negative, forcing you to pay fees. Monitor rates closely using our Telegram alerts.
- •Liquidation & Margin Call Risk: Sharp price moves do not affect net PnL but can liquidate the futures leg if collateral is insufficient. Maintain safe margin levels.
- •Slippage & Withdrawal Issues: Entering or exiting during thin liquidity or facing sudden exchange wallet maintenance can lock your capital or cause execution slippage.
Funding Mechanism Explained
Payments are calculated based on the premium index and interest rates, settled directly peer-to-peer. Positive rate: longs pay shorts. Negative rate: shorts pay longs.
Frequently Asked Questions
Funding rates are periodic payments made to or by traders holding perpetual contract positions. They balance buyer and seller demand, aligning futures prices with the underlying spot price index.
By opening equal and opposite positions (e.g., long spot and short perpetual) you remain delta-neutral. You earn from the recurring funding fees paid by the premium side of the market without price exposure.
We recommend starting with at least $500 to $1,000. This ensures you can cover exchange fee thresholds and distribute margin safely between your spot asset and futures collateral legs.
Most CEX platforms settle funding every 8 hours (00:00, 08:00, 16:00 UTC) or 4 hours during high volatility. DEX perp protocols often stream funding hourly or continuously.
The Live Rates tab monitors active rates across 26+ exchanges in real-time. The Arbitrage tab calculates actionable spreads (funding rate gaps) between different exchanges to help you spot profitable combinations instantly.
Yes, we provide detailed user guides, checklist templates, risk-management tutorials, and automated Telegram alert configuration guides to help you execute trades like a professional.