Cross-Exchange Perpetual Futures Funding Rate Monitoring

Summary

This document outlines a utility for collecting and monitoring perpetual futures funding rates across several exchanges. It assigns a worker thread to each platform, applies platform-specific request delays, and uses different retrieval methods depending on whether the exchange supports querying funding data across markets at once. The collected rates are stored by exchange and presented in a table with symbol-level comparisons.

To make venues easier to compare, the tool converts rates with different funding intervals to a 24-hour equivalent. It displays each exchange’s rate and the time until the next funding event, calculates an average for symbols available on multiple exchanges, and can log or push alerts when a rate crosses a threshold. These features may help identify funding-cost differences, but the document provides no backtest or evidence that the signals lead to profitable trades. Results depend on exchange API behavior, polling schedules, symbol normalization, and data freshness; execution costs and other constraints are outside the described method.

Key ideas

• The monitor uses separate exchange workers and configurable delays to collect funding data.
• It adapts retrieval to platforms that require market-by-market requests and those that do not.
• Rates are normalized to a daily equivalent and displayed alongside the next funding time.
• The tool can flag large rates, but it does not demonstrate a profitable trading strategy.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.