HFATArbitrage Terminal
[ FUNDING ARBITRAGE SCREENER ]

Total = the price spread between the legs of the chosen strategy + the funding component. CMC Rank is the coin's rank on CoinMarketCap. Hover a funding cell to see the 1h/8h/day/APY breakdown. Clicking a highlighted leg opens the exchange through our referral link.

Prices refresh once a minute. Rates, spreads and the best cross-exchange combo are computed server-side; pick a strategy, filter the venues, and the table updates.

LIVE FUNDING DATA

Funding Rate Screener

A live funding rate screener and aggregator that compares perpetual funding rates and spot/futures price spreads across 10+ crypto exchanges in one table — so you can spot funding arbitrage opportunities as they appear, without opening ten exchange tabs.

What is funding arbitrage?

Perpetual futures charge a periodic funding payment between longs and shorts. When a coin's funding is strongly positive on one venue, a delta-neutral position — long spot (or long futures elsewhere) against a short on the high-funding venue — collects that funding while staying hedged against price. This screener ranks coins by the combined edge: the price spread between the two legs plus the funding component, normalised to a common window and to APY.

How to read the table

  1. 01

    Choose a strategy — Spot + Short (buy spot, short futures) or Long + Short (futures on both legs). The best buy/sell venues for each coin are recomputed for the strategy you pick.

  2. 02

    Each row's highlighted cells are the two legs of the best combo. Green is the buy (spot/long) leg, red is the short leg. Hover any funding cell for the 1h / 8h / day / APY breakdown and the time to the next payout.

  3. 03

    Use the settings to switch the rate window (1h / 4h / 8h / APY), the format (% or basis points), and to filter by funding interval, minimum APY, or CoinMarketCap rank. Click a highlighted leg to open that exchange through our referral link.

Two funding strategies, compared side by side

Spot + Short

Buy the coin on the spot market where it is cheaper and open a short on the futures venue where funding is positive. The short collects funding while the two prices converge. Result = price spread + short-leg funding.

Long + Short

Go long futures on the cheaper venue and short futures on the more expensive one. You earn on price convergence and on the funding-rate difference between the two legs. Result = price spread + (short-leg funding − long-leg funding).

In the cabinet

See the NET spread with your real fees

This public screener shows gross funding and price spreads. In the trader cabinet you'll see the NET spread computed with your own exchange fee tiers — the number that actually decides whether a combo is worth running. That view is coming next.

Funding screener — FAQ

Which exchanges does the funding rate screener cover?
The roster is data-driven from our market-data backend and currently spans 10+ major centralized crypto exchanges, including Binance, Bybit, OKX, Bitget, Gate, KuCoin, MEXC, BingX, CoinEx and HTX. New venues appear automatically as they are integrated.
How often do the funding rates and prices update?
Prices and funding rates refresh once a minute. Every value shown — the funding rate, the spot/futures price spread and the best cross-exchange combo — is computed on the server from freshly collected market data.
Is the funding rate shown per payment or annualised?
You choose. The rate unit toggle switches every cell between the 1-hour, 4-hour and 8-hour windows and APY, normalising across venues that pay funding on different intervals, so rates are always comparable.

Run funding arbitrage automatically

The HFAT terminal executes these funding and spread strategies for you across every connected exchange, with net-spread detection and automated risk guards.

Get started