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.
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.
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).
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.
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