Funding Arbs

SYMBOL	OI RANK	MAX ARB	ACTION	01	ASTER	BINANCE	BINGX	BITGET	BLUEFIN	BULLET	BYBIT	COINBASE INTL	COINBASE US	CRYPTOCOM	DECIBEL	EDGEX	ENTROPYIO	EXTENDED	GATEIO	GRVT	HIBACHI	HOTSTUFF	HTX	HYPERLIQUID	KALSHI	KINETIQ	KUCOIN	LIGHTER	MEXC	NADO	OKX	ONDO	PACIFICA	PARADEX	PARAGON	PHEMEX	PHOENIX	POLYMARKET	QFEX	REYA	RISEX	TRADEXYZ	TXFLOW	VARIATIONAL	VEST	WOOFI
PLTR	171	1.0073%	Backtest	-	0.0000%	0.0000%	-0.0006%	-	-	-	-	-	-	0.0006%	0.0012%	0.0073%SELL	-	0.0000%	-	0.0000%	-	-1.0000%BUY	0.0000%	-	-	-	0.0000%	0.0004%	-	-	0.0000%	0.0006%	0.0013%	-	-	-	0.0000%	0.0006%	0.0000%	-	-	0.0006%	0.0013%	0.0000%	0.0006%	-
EWY	79	1.0026%	Backtest	-	0.0000%	0.0000%	-0.0006%	-	-	-	-	-0.0012%	-	0.0006%	0.0006%	0.0023%	0.0026%SELL	0.0000%	-	0.0000%	-	-1.0000%BUY	0.0000%	-	-	-	0.0000%	0.0004%	-	-	0.0000%	0.0006%	-	0.0006%	-	0.0000%	-	0.0006%	-	-	-	0.0006%	0.0013%	0.0000%	0.0006%	0.0013%
EWJ	641	1.0012%	Backtest	-	0.0000%	0.0000%	-0.0006%	-	-	-	-	-	-	0.0006%	-	-0.0109%	-	-	-	0.0000%	-	-1.0000%BUY	0.0000%	-	-	-	0.0000%	-	-	-	0.0000%	-	-	-	-	-	-	-	-	-	-	0.0006%	0.0013%SELL	0.0000%	-	-
ONE	173	0.9779%	Backtest	-	-0.3473%	-0.3343%	-0.3396%	-0.3738%	-	-	-	-	-	0.1166%SELL	-	-	-	-	-0.1301%	-	-	-	-	-	-	-	-0.4419%	-	-0.3315%	-	-0.0564%	-	-	-	-	-	-	-	-	-	-	-	-	-0.8614%BUY	-	-
XAU	7	0.4047%	Backtest	-	0.0000%	0.0000%	0.0013%	-	-0.0041%	0.0020%	-	0.0047%SELL	-	0.0006%	0.0006%	0.0002%	-	0.0004%	0.0006%	0.0000%	-	-0.4000%BUY	0.0000%	-	0.0000%	-	-	0.0004%	-	-	0.0000%	0.0006%	-0.0025%	0.0006%	-	0.0000%	-0.0004%	0.0006%	0.0000%	-	0.0000%	0.0006%	0.0013%	0.0000%	-	0.0012%
XAG	17	0.4019%	Backtest	-	0.0000%	0.0000%	0.0013%	-	-	0.0019%SELL	-	0.0006%	-	0.0006%	0.0009%	0.0000%	-	0.0004%	-	0.0000%	0.0010%	-0.4000%BUY	0.0000%	-	0.0000%	-	0.0000%	0.0004%	-	0.0003%	0.0000%	0.0006%	0.0013%	0.0006%	-	0.0000%	0.0007%	0.0006%	-0.0010%	-	0.0000%	0.0006%	0.0013%	0.0000%	-	0.0009%
AERO	64	0.2642%	Backtest	0.0147%	0.0014%	0.0013%BUY	0.0013%BUY	0.0013%BUY	-	-	0.0013%BUY	0.2655%SELL	-	-	-	-	-	0.0013%	0.0013%BUY	-	-	-	-	0.0061%	-	-	0.0036%	0.0059%	0.0013%BUY	-	0.0013%BUY	-	-	-	-	-	-	-	-	-	0.0122%	-	0.0046%	0.0013%BUY	-	-
TOWNS	502	0.2064%	Backtest	-	0.0013%BUY	0.0013%BUY	0.0013%BUY	0.0013%BUY	-	-	0.0013%BUY	0.2077%SELL	-	-	-	-	-	-	0.0013%BUY	-	-	-	-	-	-	-	0.0013%BUY	-	0.0013%BUY	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.0013%BUY	-	-
SAGA	163	0.2056%	Backtest	-	-0.1886%	-0.1981%	-0.1569%	-	-	-	-0.2794%BUY	-0.0738%SELL	-	-	-	-	-	-0.1981%	-0.2442%	-	-	-	-	-0.1662%	-	-	-0.1947%	-	-0.1974%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.2324%	-	-
GEOD	500+	0.1597%	Backtest	-	-	-	0.0050%SELL	-	-	-	-	-	-	-0.1547%BUY	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.0050%SELL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PAID	500+	0.1290%	Backtest	-	0.1340%SELL	-	-	-	-	-	-	-	-	-	-	-	-	-	0.0182%	-	-	-	-	-	-	-	-	-	0.0050%BUY	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
CTSI	447	0.1262%	Backtest	-	-	0.0013%	0.0013%	0.0013%	-	-	-	-	-	0.0873%SELL	-	-	-	-	-0.0079%	-	-	-	-	-	-	-	0.0013%	-	-0.0389%BUY	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
VTHO	330	0.1167%	Backtest	-	-	-0.0031%	-0.0023%	-0.0094%BUY	-	-	-	-	-	0.1073%SELL	-	-	-	-	-0.0089%	-	-	-	-	-	-	-	-	-	-0.0033%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
S	280	0.1074%	Backtest	-0.1009%BUY	0.0013%	0.0013%	0.0013%	0.0013%	-	-	0.0013%	-0.0754%	-	0.0065%SELL	-	-	-	0.0013%	0.0013%	-	-	-	-	0.0013%	-	-	0.0013%	0.0012%	0.0013%	-	0.0013%	-	-	-	-	-	-	-	-	-	-	-	-	-0.0015%	-	0.0012%
OPG	319	0.1046%	Backtest	-	0.0013%BUY	0.0013%BUY	0.0013%BUY	0.0013%BUY	-	-	0.0013%BUY	0.1058%SELL	-	-	-	-	-	0.0013%	0.0013%BUY	-	-	-	-	-	-	-	0.0013%BUY	-	0.0013%BUY	-	0.0013%BUY	-	-	-	-	-	-	-	-	-	-	-	-	0.0013%BUY	-	-
ARB	47	0.1010%	Backtest	0.0028%	0.0013%	0.0013%	0.0013%	0.0013%	-	-	0.0013%	0.0177%SELL	-	0.0140%	-	0.0013%	-	0.0013%	0.0013%	-0.0008%	-	-	0.0013%	0.0013%	-	-	0.0013%	0.0012%	0.0009%	-0.0833%BUY	0.0009%	-	0.0013%	-	-	0.0013%	-0.0007%	0.0013%	-	-	0.0035%	-	0.0013%	0.0013%	-	0.0000%
EIGEN	165	0.0927%	Backtest	-0.0818%BUY	0.0013%	0.0013%	0.0013%	0.0013%	-	-	0.0013%	0.0109%SELL	-	0.0045%	-	-	-	0.0013%	0.0013%	0.0013%	-	-	-	0.0013%	-	-	0.0013%	0.0051%	0.0013%	0.0013%	0.0013%	-	-	-	-	-	-	-	-	-	-	-	0.0011%	0.0013%	-	0.0009%
CCL	500+	0.0878%	Backtest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.0884%SELL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.0006%BUY	-
STG	500+	0.0855%	Backtest	-	-	-	-	0.0013%BUY	-	-	0.0013%BUY	-	-	0.0867%SELL	-	-	-	-	-	-	-	-	-	-	-	-	0.0018%	-	0.0085%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.0013%BUY	-	-
VIRTUAL	113	0.0838%	Backtest	0.0777%SELL	0.0013%	0.0013%	0.0013%	0.0013%	-	-	0.0013%	0.0059%	-	0.0091%	-	0.0013%	-	0.0013%	0.0013%	0.0013%	-	-	-	0.0076%	-	-	0.0013%	0.0012%	0.0013%	-	0.0013%	-	0.0013%	-	-	-	-0.0010%	-0.0061%BUY	-	-	-	-	-0.0021%	0.0013%	-	0.0009%
STONK	500+	0.0762%	Backtest	-	0.0136%	-	0.0876%SELL	0.0247%	-	-	0.0187%	-	-	-	-	-	-	-	0.0330%	-	-	-	-	-	-	-	-	0.0383%	0.0242%	-	-	-	-	-	-	-	0.0186%	-	-	-	-	-	0.0114%BUY	-	-	-
SXT	573	0.0715%	Backtest	-	0.0013%SELL	0.0013%SELL	0.0013%SELL	0.0013%SELL	-	-	0.0013%SELL	-	-	-0.0702%BUY	-	-	-	-	-	-	-	-	-	-	-	-	0.0013%SELL	-	0.0013%SELL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.0013%SELL	-	-

Crypto Funding Rate Arbitrage Screener & Scanner | Loris Tools

Loris Tools is the premier crypto funding rate arbitrage screener and scanner for traders seeking profitable opportunities across 25+ cryptocurrency exchanges. Our real-time funding rate comparison tool aggregates data from major centralized and decentralized exchanges—updating every minute to ensure you never miss a trading opportunity.

Tracked symbols: 1701
Exchanges: 43
Largest current spread: +805.81 bps

Last updated 2026-09-27T21:31:05Z (UTC). Rates and spreads below are normalized to an eight-hour basis.

Finding cross-exchange funding opportunities

For each perpetual market, Funding Arbs compares the live rate on every supported venue. The lower-rate venue is the candidate long leg and the higher-rate venue is the candidate short leg. A wider spread can indicate more carry, but trading fees, slippage, liquidity, margin requirements, settlement timing, and price divergence can outweigh the displayed rate difference.

Supported Exchanges - Centralized (CEX)

Track funding rates across the largest centralized crypto exchanges including: Binance funding rates, Bybit funding rates, OKX funding rates, BingX funding rates, Bitget funding rates, KuCoin funding rates, Gate.io funding rates, MEXC funding rates, Phemex funding rates, Crypto.com funding rates, and HTX funding rates (formerly Huobi). Compare live perpetual futures funding rates across these major CEX platforms to identify the best arbitrage opportunities.

Supported Exchanges - Decentralized (DEX)

Access funding rates from leading decentralized perpetual exchanges including: Hyperliquid funding rates, Drift funding rates, Extended funding rates, Vest funding rates, Lighter funding rates, Bluefin funding rates, Paradex funding rates, Aster funding rates, EdgeX funding rates, Hibachi funding rates, Pacifica funding rates, Variational funding rates, WOOFi Pro funding rates, and Ethereal funding rates. Track on-chain perpetual funding rates across Ethereum, Arbitrum, Solana, and other L1/L2 networks.

What is Funding Rate Arbitrage?

Funding rate arbitrage is a market-neutral trading strategy in crypto perpetual futures markets. When you hold a long position on one exchange and a short position on another exchange for the same asset, you can profit from the difference in funding rates—the periodic payments exchanged between traders. Our funding rate scanner identifies these opportunities automatically across Binance, Bybit, OKX, Hyperliquid, Drift, BingX, Bitget, KuCoin, Gate.io, MEXC, Phemex, Crypto.com, HTX, Extended, Vest, Lighter, Bluefin, Paradex, Aster, EdgeX, Ethereal, Hibachi, Pacifica, Variational, and WOOFi Pro—calculating the net profit potential after accounting for different funding intervals (1-hour, 4-hour, and 8-hour periods).

Key Features of Our Arbitrage Scanner

Real-Time Funding Rates: Live data from 40+ Exchanges updated every minute. Compare Binance funding rates vs Bybit funding rates, OKX funding rates vs Hyperliquid funding rates, and identify the best spreads across all supported CEX and DEX platforms.
Cross-Exchange Arbitrage Detection: Automatically calculates maximum arbitrage spreads across all exchange pairs, showing you exactly which exchanges to buy and sell on. See opportunities between Binance and Drift, Hyperliquid and OKX, or any combination of our 25+ supported exchanges.
Normalized Intervals: Handles 1-hour funding intervals (Hyperliquid, Drift, BingX, Bitget), 4-hour intervals (Phemex, Extended), and 8-hour intervals (Binance, Bybit, OKX, KuCoin, Gate.io, MEXC, Crypto.com, HTX) with automatic normalization for accurate comparison.
Exchange Filtering: Customize your view by toggling specific exchanges on/off based on your trading setup. Filter by CEX only, DEX only, or create custom exchange combinations.
Multi-Asset Support: Track funding rates for BTC, ETH, SOL, and 3,900+ altcoin perpetual futures across all exchanges.

Crypto funding rate questions

Use the live cross-exchange table above to compare normalized perpetual futures funding, payment direction, and venue spreads.

What is a crypto perpetual futures funding rate?

A funding rate is the recurring payment exchanged between long and short perpetual futures positions. Positive funding generally means longs pay shorts; negative funding generally means shorts pay longs.

Why are funding rates normalized to an 8-hour basis?

Exchanges settle funding on different schedules. Converting each rate to the same 8-hour basis makes venue-to-venue comparisons meaningful without treating a one-hour rate as if it were an eight-hour payment.

What is a cross-exchange funding-rate spread?

It is the difference between the highest and lowest comparable funding rates for the same perpetual. A wide spread can reveal a possible basis trade, but fees, slippage, borrow constraints, settlement timing, and price divergence still matter.

Do positive funding rates mean the market will rise?

No. Positive funding shows that longs are paying shorts at that moment, often because the perpetual trades above its reference price. It describes positioning pressure, not a reliable price forecast by itself.

What should be compared with funding rates?

Compare funding with open interest, trading volume, order book depth, and the contract's reference price. Funding is more informative when you can see whether the market is liquid and whether meaningful capital is actually positioned.

Live funding arbitrage snapshot

Current cross-exchange perpetual funding spreads, normalized to eight hours
Rank	Symbol	Long venue	Long rate	Short venue	Short rate	Spread
1	PLTR	Hotstuff	-800.00 bps	EdgeX	+5.81 bps	+805.81 bps
2	EWY	Hotstuff	-800.00 bps	EntropyIO	+2.04 bps	+802.04 bps
3	EWJ	Hotstuff	-800.00 bps	TxFlow	+1.00 bps	+801.00 bps
4	ONE	Variational	-689.11 bps	Crypto.com	+93.25 bps	+782.36 bps
5	XAU	Hotstuff	-320.00 bps	Coinbase International	+3.76 bps	+323.76 bps
6	XAG	Hotstuff	-320.00 bps	Bullet	+1.50 bps	+321.50 bps
7	AERO	Binance	+1.00 bps	Coinbase International	+212.40 bps	+211.40 bps
8	TOWNS	Aster	+1.00 bps	Coinbase International	+166.16 bps	+165.16 bps
9	SAGA	Bybit	-223.55 bps	Coinbase International	-59.04 bps	+164.51 bps
10	GEOD	Crypto.com	-123.76 bps	BingX	+4.00 bps	+127.76 bps
11	PAID	MEXC	+4.00 bps	Aster	+107.19 bps	+103.19 bps
12	CTSI	MEXC	-31.11 bps	Crypto.com	+69.82 bps	+100.93 bps
13	VTHO	Bitget	-7.52 bps	Crypto.com	+85.82 bps	+93.34 bps
14	S	01	-80.72 bps	Crypto.com	+5.22 bps	+85.94 bps
15	OPG	Aster	+1.00 bps	Coinbase International	+84.64 bps	+83.64 bps
16	ARB	Nado	-66.67 bps	Coinbase International	+14.16 bps	+80.83 bps
17	EIGEN	01	-65.44 bps	Coinbase International	+8.72 bps	+74.16 bps
18	CCL	Vest	+0.46 bps	MEXC	+70.69 bps	+70.23 bps
19	STG	Bitget	+1.00 bps	Crypto.com	+69.38 bps	+68.38 bps
20	VIRTUAL	Polymarket	-4.87 bps	01	+62.16 bps	+67.03 bps
21	STONK	TxFlow	+9.16 bps	BingX	+70.10 bps	+60.94 bps
22	SXT	Crypto.com	-56.18 bps	Aster	+1.00 bps	+57.18 bps
23	BASECAT	Gate.io	+1.00 bps	Aster	+55.45 bps	+54.45 bps
24	MOG	Binance	+1.00 bps	BingX	+53.70 bps	+52.70 bps
25	MAGIC	Crypto.com	-65.55 bps	BingX	-13.88 bps	+51.67 bps