Scanning Cross-Exchange Perpetual Funding Rate Spreads

Summary

This live-robot snapshot scans perpetual futures across Binance, GateIO, and OKX for differences in funding rates. It pairs a short position on the venue with the higher funding rate and a long position on the venue with the lower rate, then reports annualized rate spreads, estimated fees, net annualized returns, break-even time, exchange coverage, and price checks. The displayed results include many candidate pairs and timestamped updates showing that the top-ranked opportunity changes over time.

The snapshot illustrates how a funding-rate arbitrage screen can compare cross-venue carry after estimated fees. Its figures are point-in-time estimates, not evidence of realized performance. The source does not explain its annualization assumptions, fee schedule, execution model, funding-rate persistence, liquidity, slippage, or margin and liquidation risks. Large quoted spreads, including extreme rates, may be unstable or difficult to capture in practice.

Key ideas

• A funding scanner can rank cross-exchange perpetual pairs by the difference between their funding rates.
• The displayed method offsets a short position at one venue with a long position at another.
• The table estimates fee-adjusted annualized returns and break-even time alongside funding spreads.
• The leading opportunities shift between updates, so the reported rankings are time-sensitive.
• The snapshot does not establish that estimated spreads can be executed or sustained.

Tags

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