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
EWJ	644	1.0154%	Backtest	-	0.0000%	0.0010%	0.0006%	-	-	-	-	-	-	0.0107%	-	0.0064%	-	-	-	0.0000%	-	-1.0000%BUY	0.0000%	-	-	-	0.0000%	-	0.0008%	-	0.0001%	-	-	-	-	-	-	-	-	-	-	0.0154%SELL	0.0074%	0.0000%	-	-
PLTR	174	1.0067%	Backtest	-	0.0000%	0.0000%	0.0006%	-	-	-	-	-	-	0.0067%SELL	0.0032%	0.0060%	-	0.0000%	-	0.0000%	-	-1.0000%BUY	0.0000%	-	-	-	0.0000%	0.0004%	-	-	0.0000%	0.0006%	0.0013%	-	-	-	-0.0002%	0.0006%	0.0000%	-	-	0.0006%	0.0013%	0.0000%	0.0006%	-
EWY	81	1.0040%	Backtest	-	0.0032%	0.0034%	-0.0006%	0.0020%	-	-	-	0.0019%	-	0.0025%	0.0016%	0.0040%SELL	0.0008%	0.0034%	0.0015%	0.0004%	-	-1.0000%BUY	0.0000%	-	-	-	0.0000%	0.0009%	0.0036%	-	0.0013%	0.0006%	-	0.0013%	-	0.0000%	-	0.0006%	-	-	-	0.0006%	0.0013%	0.0032%	0.0006%	0.0013%
BASECAT	500+	0.4987%	Backtest	-	0.0013%BUY	-	0.0035%	-	-	-	-	-	-	0.5000%SELL	-	-	-	-	0.0013%BUY	-	-	-	-	-	-	-	-	-	0.0050%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PRL	479	0.4399%	Trade	-	0.0037%	0.0051%	0.0107%	0.0042%	-	-	0.0111%	0.0175%	-	0.0082%	-	-	-	0.0051%	0.0013%BUY	-	-	-	-	-	-	-	0.0148%	0.4412%SELL	0.0053%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
XAU	4	0.4111%	Backtest	-	0.0000%	0.0000%	0.0014%	0.0004%	-0.0040%	0.0000%	-	0.0000%	-	0.0021%	0.0007%	0.0014%	-	0.0004%	-	0.0014%	-	-0.4000%BUY	0.0024%	-	0.0000%	-	-	0.0004%	-	-	0.0007%	0.0005%	0.0013%	0.0006%	-	0.0111%SELL	0.0001%	0.0006%	0.0000%	-	0.0051%	-0.0019%	0.0013%	0.0000%	-	0.0013%
XAG	17	0.4025%	Backtest	-	0.0005%	0.0001%	0.0016%	0.0006%	-	0.0014%	-	0.0023%	-	0.0025%SELL	0.0007%	0.0010%	-	0.0004%	-	0.0023%	0.0016%	-0.4000%BUY	0.0000%	-	0.0000%	-	0.0000%	0.0004%	0.0003%	0.0008%	0.0013%	0.0001%	0.0013%	0.0008%	-	0.0000%	0.0010%	0.0006%	0.0000%	-	0.0000%	0.0006%	0.0013%	0.0002%	-	0.0013%
BVIV	500+	0.3217%	Backtest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.3421%SELL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.0203%BUY
PNUT	257	0.3108%	Backtest	-	0.0013%	0.0013%	0.0013%	0.0013%	-	-	0.0013%	0.2911%SELL	-	-0.0197%BUY	-	-	-	0.0013%	0.0013%	-	-	-	-	0.0028%	-	-	0.0013%	-	0.0013%	-	0.0013%	-	-	-	-	-	-	-	-	-	-	-	-	0.0013%	-	-
EIGEN	177	0.3087%	Backtest	-0.0026%	0.0013%	0.0013%	0.0013%	0.0013%	-	-	0.0013%	0.2905%SELL	-	-0.0004%	-	-	-	0.0013%	0.0013%	0.0013%	-	-	-	0.0013%	-	-	0.0013%	0.0012%	0.0013%	-0.0182%BUY	0.0003%	-	-	-	-	-	-	-	-	-	-	-	-0.0054%	0.0013%	-	0.0010%
NIGHT	206	0.3012%	Backtest	-	0.0013%	0.0013%	0.0017%	0.0013%	-	-	-0.0055%	0.2909%SELL	-	-	-	-	-	-	0.0013%	-	-	-	-	-	-	-	0.0013%	-	0.0034%	-	0.0013%	-	-	-	-	-	-	-	-	-	-	-	-0.0103%BUY	-	-	-
PENDLE	99	0.2986%	Backtest	-	0.0013%	-0.0010%	0.0013%	0.0013%	-	-	0.0003%	0.2906%SELL	-	-0.0080%BUY	-	0.0013%	-	-0.0010%	-0.0005%	0.0013%	-	-	-	0.0013%	-	-	0.0013%	0.0012%	-0.0010%	-	0.0013%	-	-	-0.0005%	-	0.0013%	-	0.0013%	-	-	-	-	-0.0064%	0.0001%	-	-0.0006%
OPN	343	0.2903%	Backtest	-	0.0013%BUY	0.0013%BUY	0.0013%BUY	0.0013%BUY	-	-	0.0013%BUY	0.2916%SELL	-	-	-	-	-	-	0.0014%	-	-	-	-	-	-	-	0.0013%BUY	-	0.0013%BUY	-	0.0013%BUY	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.0014%
TIA	110	0.2900%	Backtest	-	0.0013%	0.0012%	0.0013%	0.0013%	-	-	0.0013%	0.2850%SELL	-	0.0091%	-	-	-	0.0013%	0.0013%	-	-	-	0.0013%	0.0013%	-	-	-0.0002%	0.0012%	0.0011%	-	0.0013%	-	-	-	-	-	-	-	-	-	-	-	-0.0050%BUY	0.0013%	-	0.0011%
TOWNS	516	0.2893%	Backtest	-	0.0013%BUY	0.0013%BUY	0.0013%BUY	0.0013%BUY	-	-	0.0013%BUY	0.2906%SELL	-	-	-	-	-	-	0.0013%BUY	-	-	-	-	-	-	-	0.0013%BUY	-	0.0013%BUY	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.0013%BUY	-	-
OPG	301	0.2875%	Backtest	-	0.0037%	0.0013%	0.0027%	0.0013%	-	-	0.0011%BUY	0.2886%SELL	-	-	-	-	-	0.0013%	0.0013%	-	-	-	-	-	-	-	0.0013%	-	0.0013%	-	0.0025%	-	-	-	-	-	-	-	-	-	-	-	-	0.0013%	-	-
APE	281	0.2836%	Backtest	-	0.0013%BUY	0.0013%BUY	0.0013%BUY	0.0013%BUY	-	-	0.0013%BUY	0.2848%SELL	-	0.0031%	-	-	-	0.0013%	0.0013%BUY	-	-	-	-	0.0013%BUY	-	-	0.0013%BUY	-	0.0013%BUY	-	0.0013%BUY	-	-	-	-	-	-	-	-	-	-	-	-	0.0013%BUY	-	-
DYDX	259	0.2706%	Backtest	-	0.0013%	0.0013%	0.0013%	0.0013%	-	-	0.0013%	-0.2693%BUY	-	-0.0003%	-	-	-	0.0013%SELL	0.0013%	-	-	-	-	0.0013%	-	-	0.0013%	0.0012%	0.0013%	-	0.0013%	-	-	-	-	-	-	-	-	-	-	-	-0.0061%	-	-	-
BONK	500+	0.2665%	Backtest	-	0.0013%	0.0013%	0.0013%	0.0013%	-	-	0.0013%	0.2646%SELL	-	-0.0019%BUY	-	-	-	0.0013%	0.0013%	-	-	-	0.0013%	0.0015%	-	-	0.0006%	0.0012%	0.0013%	0.0013%	0.0013%	-	0.0013%	-	-	-	-0.0003%	-	-	-	-	-	0.0008%	0.0013%	0.0013%	-0.0007%
APT	82	0.2542%	Backtest	0.0091%	0.0013%	0.0013%	0.0013%	0.0013%	-	-	0.0013%	0.2527%SELL	-	0.0037%	0.0013%	-	-	0.0013%	-0.0004%	-	-	-	0.0013%	0.0013%	-	-	0.0013%	0.0012%	0.0013%	-	0.0013%	-	-	-	-	-	-	-	-	-	-	-	-0.0000%	-0.0015%BUY	-	0.0012%
SAGA	192	0.2517%	Backtest	-	-0.0161%BUY	-0.0111%	-0.0077%	-	-	-	-0.0125%	0.2356%SELL	-	-	-	-	-	-0.0111%	-0.0108%	-	-	-	-	-0.0039%	-	-	-0.0094%	-	-0.0111%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.0123%	-	-
ONE	161	0.2362%	Backtest	-	-0.0453%	-0.0460%	-0.0439%	-0.0429%	-	-	-	-	-	0.1900%SELL	-	-	-	-	0.0101%	-	-	-	-	-	-	-	-0.0006%	-	-0.0462%BUY	-	0.0043%	-	-	-	-	-	-	-	-	-	-	-	-	-0.0403%	-	-

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: 1718
Exchanges: 43
Largest current spread: +812.29 bps

Last updated 2026-09-29T21:35:44Z (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	EWJ	Hotstuff	-800.00 bps	Trade[XYZ]	+12.29 bps	+812.29 bps
2	PLTR	Hotstuff	-800.00 bps	Crypto.com	+5.38 bps	+805.38 bps
3	EWY	Hotstuff	-800.00 bps	EdgeX	+3.18 bps	+803.18 bps
4	BASECAT	Aster	+1.00 bps	Crypto.com	+399.97 bps	+398.97 bps
5	PRL	Gate.io	+1.00 bps	Lighter	+352.96 bps	+351.96 bps
6	XAU	Hotstuff	-320.00 bps	Phemex	+8.90 bps	+328.90 bps
7	XAG	Hotstuff	-320.00 bps	Crypto.com	+1.98 bps	+321.98 bps
8	BVIV	WOOFi Pro	+16.27 bps	Markets by Kinetiq	+273.66 bps	+257.39 bps
9	PNUT	Crypto.com	-15.75 bps	Coinbase International	+232.88 bps	+248.63 bps
10	EIGEN	Nado	-14.57 bps	Coinbase International	+232.40 bps	+246.97 bps
11	NIGHT	TxFlow	-8.22 bps	Coinbase International	+232.72 bps	+240.94 bps
12	PENDLE	Crypto.com	-6.40 bps	Coinbase International	+232.48 bps	+238.88 bps
13	OPN	Aster	+1.00 bps	Coinbase International	+233.28 bps	+232.28 bps
14	TIA	TxFlow	-3.97 bps	Coinbase International	+228.00 bps	+231.97 bps
15	TOWNS	Aster	+1.00 bps	Coinbase International	+232.48 bps	+231.48 bps
16	OPG	Bybit	+0.92 bps	Coinbase International	+230.88 bps	+229.96 bps
17	APE	Aster	+1.00 bps	Coinbase International	+227.84 bps	+226.84 bps
18	DYDX	Coinbase International	-215.44 bps	Extended	+1.04 bps	+216.48 bps
19	BONK	Crypto.com	-1.51 bps	Coinbase International	+211.68 bps	+213.19 bps
20	APT	Variational	-1.22 bps	Coinbase International	+202.16 bps	+203.38 bps
21	SAGA	Aster	-12.85 bps	Coinbase International	+188.48 bps	+201.33 bps
22	ONE	MEXC	-36.96 bps	Crypto.com	+151.96 bps	+188.92 bps
23	ATOM	TxFlow	+0.41 bps	Coinbase International	+184.64 bps	+184.23 bps
24	INX	Coinbase International	-166.40 bps	Aster	+13.95 bps	+180.34 bps
25	STX	Variational	-1.78 bps	Crypto.com	+158.08 bps	+159.85 bps