Crypto Pair Trading & Funding Rate Spread Execution Across Hyperliquid, Extended, Binance, and HIP-3 DEXs

Loris Tools Trade is a multi-venue execution interface for crypto perpetual futures. Run delta-neutral funding rate arbitrage, basis trades, or directional pair trades across Hyperliquid, Extended, Binance, and the HIP-3 ecosystem of permissioned DEXs from a single dual order book view. Place market orders, limit orders, or split executions over time with TWAP — long on one venue, short on the other — capturing the funding rate spread without picking a side on price.

Funding Rate Arbitrage Across Exchanges

Funding rates diverge constantly across perpetual futures venues. Hyperliquid, Binance, Extended, and the HIP-3 DEXs each price the cost of holding a perpetual differently based on local positioning, basis, and liquidity. Loris Trade lets you go long the cheaper-funding venue and short the more expensive-funding venue in a single workflow, earning the funding rate differential while staying delta neutral. Live funding rate data, historical funding charts, and 30-day funding heatmaps make it easy to identify which pair has the most attractive carry today.

Dual Order Book Execution

Side-by-side live order books for both legs of a pair trade let you watch real depth, top-of-book quotes, and recent trades on each venue at the same time. Submit synchronized market or limit orders on both legs, monitor partial fills, and adjust before exposure gets one-sided. The interface surfaces best bid, best ask, mid price, mark price, and depth-weighted price for each book.

TWAP Execution for Larger Spreads

Time-weighted average price (TWAP) execution slices a large pair-trade order into many smaller sub-orders spaced across a configurable interval, reducing market impact and smoothing entry into illiquid perpetual venues. Useful for multi-million-dollar funding rate arbitrage entries on long-tail HIP-3 markets where a single market order would move the book.

Supported Venues

Hyperliquid, Extended, Binance perpetual futures, and the HIP-3 DEX ecosystem (Cova, Tea, KroLong, NTL, and other builder-deployed perpetual exchanges launched on Hyperliquid's permissioned-DEX framework). All venues are accessed via agent wallets or read-only API keys — Loris Tools never custodies funds.

Tools, Not Profit Guarantees

Loris Trade is a trade-execution and funding-arbitrage workflow tool, not an automated profit mechanism. Trading perpetual futures involves risk of total loss, including losses larger than initial margin during liquidations. Funding rate spreads can collapse, reverse, or fail to cover trading fees and slippage. Read the Loris Tools terms before trading.