Monitoring and Comparing Perpetual Futures Funding Rates Across Exchanges

Summary

This document describes a monitoring tool that collects perpetual futures funding rates from several exchanges, stores results separately for each platform, and displays them in a shared table. Exchange-specific polling intervals and market lookup methods account for differences in how platforms expose funding data. The main loop refreshes the display more often than the worker threads fetch new rates.

Rates are converted to a 24-hour equivalent to support comparisons across exchanges with different funding intervals. The table shows each exchange’s rate and time until the next funding event, along with an average for symbols found on multiple platforms. The tool also logs unusually large rates and can be configured to send threshold alerts. These features may help traders spot funding-cost differences, but the document does not describe an arbitrage strategy or provide backtest evidence. Results depend on exchange API behavior, polling delays, symbol matching, and the accuracy of the available data; the displayed averages should not be treated as execution-ready prices.

Key ideas

• Separate worker threads collect funding data from each exchange, with request delays configured by platform.
• Rates from differing funding intervals are normalized to a 24-hour equivalent for comparison.
• The display includes per-exchange rates, time until the next funding event, and an average across available venues.
• A configurable threshold can trigger logs or mobile alerts for unusually large rates.
• The document presents a monitoring utility and does not test a trading strategy or account for execution costs.

Tags

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