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 20+ cryptocurrency exchanges. Our real-time funding rate comparison tool aggregates data from Hyperliquid, Binance, Bybit, OKX, Gate.io, KuCoin, and more—updating every minute to ensure you never miss a trading opportunity.

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, calculating the net profit potential after accounting for different funding intervals (1-hour, 4-hour, and 8-hour periods).

How Our Funding Rate Screener Works

Our crypto funding rate screener aggregates real-time perpetual swap funding rates from major centralized exchanges (CEXs) like Binance, Bybit, OKX, and Gate.io, as well as decentralized exchanges (DEXs) including Hyperliquid, Drift Protocol, and Bluefin. The screener normalizes all rates to 8-hour equivalents for easy comparison, even when exchanges use different funding intervals. Each funding rate is displayed in basis points (bps), with color-coded heat mapping to instantly identify extreme funding rates—both positive (longs pay shorts) and negative (shorts pay longs).

Key Features of Our Arbitrage Scanner

• Real-Time Funding Rates: Live data from 20+ exchanges including Hyperliquid, Binance, Bybit, OKX, Gate.io, KuCoin, MEXC, Phemex, BingX, Bitget, Crypto.com, HTX (Huobi), and emerging DeFi protocols
• Cross-Exchange Arbitrage Detection: Automatically calculates maximum arbitrage spreads across all exchange pairs, showing you exactly which exchanges to buy and sell on
• Funding Rate Calculator: Instantly converts funding rates to daily and annualized returns (APY) to understand the true profit potential
• Open Interest Rankings: Filter by Binance open interest ranking to focus on liquid markets with tight spreads
• Normalized Intervals: Handles 1-hour (Hyperliquid, Drift), 4-hour, and 8-hour funding periods with automatic normalization
• Historical Tracking: Monitor funding rate trends over time to identify persistent arbitrage opportunities
• Exchange Filtering: Customize your view by toggling specific exchanges on/off based on your trading setup
• Mobile-Optimized: Full-featured mobile experience for monitoring funding rates on the go

Supported Exchanges for Funding Rate Comparison

Our funding rate arbitrage scanner supports the following cryptocurrency exchanges: Hyperliquid, Binance, Bybit, OKX, Gate.io, KuCoin, MEXC, Phemex, BingX, Bitget, Crypto.com, HTX (Huobi), Drift Protocol, Bluefin, Paradex, Lighter, Vest Exchange, WOOFi Pro, Aster, Extended, and Variational. This comprehensive coverage ensures you can identify arbitrage opportunities regardless of which exchanges you have accounts on.

How to Use This Funding Rate Arbitrage Tool

Start by scanning the "Max Arb" column to identify the largest funding rate differentials. Click on any funding rate cell to see a detailed breakdown including raw rates, 8-hour normalized rates, daily rates, and annualized APY projections. The tooltip also shows you which exchange to buy on (lowest funding rate) and which to sell on (highest funding rate). Use the search bar to focus on specific cryptocurrencies, and adjust the Open Interest Rank filter to balance opportunity size with liquidity concerns. Our funding rate screener updates automatically, so you can monitor opportunities in real-time without manual refreshes.

Understanding Funding Rate Intervals

Different exchanges use different funding payment schedules. Traditional exchanges like Binance, Bybit, and OKX use 8-hour intervals (3 payments per day), while some newer platforms use 4-hour or 1-hour intervals. Hyperliquid, Lighter, and Drift use 1-hour funding (24 payments per day), which can create more dynamic opportunities but requires careful monitoring. Our screener automatically normalizes all rates to 8-hour equivalents, making cross-exchange comparisons accurate and straightforward.

Risk Considerations for Funding Rate Arbitrage

While funding rate arbitrage is considered market-neutral, traders should be aware of execution risks including: slippage when entering/exiting positions, exchange counterparty risk, potential liquidation if positions move against you before hedging is complete, funding interval mismatches that can temporarily create losses, and withdrawal limitations during high volatility. Always verify current funding rates before executing trades, as rates can change rapidly. The funding rate scanner provides historical averages, but past rates don't guarantee future payments.

Advanced Features for Professional Traders

Professional crypto arbitrage traders benefit from our advanced filtering and sorting capabilities. Sort by any column to identify patterns—highest funding rates, most negative rates, or exchanges with consistent premiums or discounts. The exchange filter allows you to create custom views based on your exchange access. For example, if you only trade on Binance, Bybit, and Hyperliquid, hide other exchanges to declutter your view. The search function supports partial matching, making it easy to quickly find specific tokens or asset classes.

Why Choose Loris Tools Funding Rate Scanner?

Unlike basic funding rate displays that only show data from a single exchange, Loris Tools aggregates and normalizes data from 20+ exchanges simultaneously. Our arbitrage-focused approach automatically calculates cross-exchange opportunities, saving you from manual comparisons. With minute-by-minute updates, normalized interval conversions, and an intuitive interface designed specifically for funding rate arbitrage, Loris Tools is the most comprehensive free funding rate screener available for cryptocurrency traders.

Getting Started with Funding Rate Arbitrage Trading

New to funding rate arbitrage? Start by monitoring the top opportunities in our screener for a few days to understand typical funding rate ranges and volatility. Look for persistent funding rate differentials rather than short-term spikes, as these provide more reliable arbitrage opportunities. Consider starting with high-liquidity pairs (low OI rank numbers) to minimize slippage. Use our funding rate calculator to understand the actual returns after accounting for trading fees, which typically range from 0.02% to 0.06% per trade.

Start scanning for profitable crypto funding rate arbitrage opportunities now with Loris Tools—the most comprehensive perpetual swap funding rate comparison tool in crypto. Updated every minute. Free to use. Trusted by thousands of traders worldwide.