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Perpetual Funding Rate Arbitrage & Basis Screener

Screen live funding rates across Binance, Bybit, OKX, and Deribit. Spot high-yield delta-neutral cash-and-carry basis arbitrage opportunities and detect impending long/short liquidation squeezes.

Cross-Exchange 8-Hour Funding Rate Comparison
Annualized Percentage Yield (APY) Calculations
Extreme Leverage Overheat Alert Thresholds
Delta-Neutral Basis Spread Arbitrage Identifier
Perpetual Funding Rate Arbitrage Radar8-Hour Settlement Cycle Active

Live Perpetual Funding Rates: Multi-Exchange Arbitrage & Basis Yield Screener

Scan real-time 8-hour funding rates across Binance, Bybit, OKX, dYdX, and Deribit. Detect over-leveraged sentiment extremes, calculate delta-neutral cash-and-carry yields, and identify impending short squeeze traps.

Next Funding Epoch00:00 / 08:00 / 16:00 UTC
03:28:45Remaining
Settling across 12,400+ perpetual futures contracts
Market Weighted Average
+0.0108% / 8h
~11.8% Annualized APY
Highest Funding Rate
PEPE (+0.0210%)
Extreme Bullish Leverage
Total Derivatives OI
$68.45 Billion
+3.4% in 24h
Market Bias Status
Longs Paying Shorts 🟢
Spot Premium Dominant

Delta-Neutral Cash-and-Carry Basis Yield CalculatorZero Directional Risk

Calculate passive yield collected by holding spot and shorting perpetual futures at 1x leverage

Arbitrage Capital (USDT):$10,000
$1,000$100,000$500,000
Execution Architecture: Buy $5,000 Spot BTC and open $5,000 1x Short Perpetual on Binance. Collect funding every 8 hours with zero price drawdown risk.
PROJECTED ARBITRAGE RETURNAPY: 10.04%
Daily Payout
+$2.75
3x Settlements
30-Day Total
+$82.50
Compounded
1-Year Est.
+$1004.00
Annual Return
Formula: Yield(Annual) = Rate(8h) × 3 × 365Risk Level: Minimal

Multi-Exchange 8-Hour Funding Rate Matrix

Live comparison across Binance, Bybit, OKX, dYdX, and Deribit

CryptocurrencyPerp PriceBinanceBybitOKXdYdXAnnualized APYMarket Sentiment
BTC
BitcoinBTCUSDT
$88,450.00+0.0092%+0.0088%+0.0095%+0.0080%10.1%🟢 Moderate Longs
ETH
EthereumETHUSDT
$3,120.50+0.0084%+0.0081%+0.0089%+0.0075%9.2%🟢 Moderate Longs
SOL
SolanaSOLUSDT
$194.30+0.0142%+0.0138%+0.0148%+0.0130%15.5%🔥 Overheated Longs
PEPE
PepePEPEUSDT
$0.00002+0.0210%+0.0195%+0.0225%+0.0180%23.0%🔥 Overheated Longs
XRP
XRPXRPUSDT
$2.45+0.0115%+0.0110%+0.0120%+0.0105%12.6%🔥 Overheated Longs
DOGE
DogecoinDOGEUSDT
$0.22400+0.0135%+0.0128%+0.0140%+0.0120%14.8%🔥 Overheated Longs
SUI
SuiSUIUSDT
$3.42+0.0165%+0.0158%+0.0172%+0.0145%18.1%🔥 Overheated Longs
BNB
BNBBNBUSDT
$642.30+0.0065%+0.0062%+0.0068%+0.0058%7.1%🟢 Moderate Longs
ADA
CardanoADAUSDT
$0.88000+0.0075%+0.0071%+0.0079%+0.0068%8.2%🟢 Moderate Longs
AVAX
AvalancheAVAXUSDT
$38.50+0.0095%+0.0091%+0.0098%+0.0085%10.4%🟢 Moderate Longs
LINK
ChainlinkLINKUSDT
$18.20+0.0082%+0.0079%+0.0086%+0.0072%9.0%🟢 Moderate Longs
KAS
KaspaKASUSDT
$0.16500+0.0125%+0.0118%+0.0130%+0.0110%13.7%🔥 Overheated Longs

Perpetual Funding Rate Arbitrage FAQ & Strategies

Learn institutional quantitative techniques for extracting alpha from funding rate differentials

Perpetual futures have no expiration date. To tether perpetual prices to the underlying spot index, exchanges enforce an 8-hour funding fee payment between long and short traders. When the funding rate is positive, long traders pay short traders. When funding is negative, shorts pay longs.

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