Live Funding Rates · Updated Every 5 min

Live Funding Rates Across 3 Major Exchanges

Find funding-rate arbitrage opportunities in real time. We aggregate Binance, Bybit, and Hyperliquid USDT-margined perpetual futures and normalize each rate to annualized APY — so you can spot delta-neutral setups at a glance.

Pairs tracked
Top APY (annualized)
3Exchanges
Best setups now · ranked by yield × safety
your capital: USDT
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Full scanner — all pairs, ranked by APY · risk-tagged for size context
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All exchanges
Binance
Bybit
Hyperliquid
Positive funding (short edge)
Negative funding (long edge)
Coin Exchange Funding Annualized APY Mark Price 24h Volume
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What's your delta-neutral yield?

Funding-rate arbitrage works by holding a long spot (or perpetual on one exchange) and a short perpetual on another, capturing the funding payment without directional exposure. Estimate your monthly yield based on a position you'd actually run.

Conservative estimate: half-capital deployed on each leg, top-quartile pairs averaged, fees deducted.

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Avg APY (top 25)
Daily yield
Monthly yield
Annual yield
How it works · 3 steps

What is funding-rate arbitrage?

1. The setup

Perpetual futures don't have an expiry — exchanges keep their price tied to spot via a funding rate: the side with more demand pays the other side every 8 hours (1 hour on Hyperliquid). When demand is heavily one-sided, this rate becomes extreme.

2. The trade

Hold a long spot position and a short perpetual on the same coin in equal size. Your directional exposure is zero — if BTC goes up or down, you don't care. But every 8 hours, the short side collects funding from the long side.

3. The yield

An 8-hour funding of 0.05% works out to 54.7% APY annualized. Top altcoins occasionally hit 100%+ APY for days at a time. The scanner above shows you exactly which pairs are paying right now.

Want the Pro Funding Terminal?

Pro subscribers get the extended terminal in their account: 15-20 ranked opportunities, cross-exchange pairings, capital calculator, step-by-step execution instructions, risk scoring per setup. Plus three live signal algorithms — NEVA (directional), CATALYST (event-driven shorts), VENUE (listing arbitrage) — running 24/7 on our own capital. WHISPER is in research, not yet live. Funding execution stays manual on your end; we don't touch your Binance account for that.

Upgrade to Pro · $99/mo →
Learn more
Free 7-day course
Funding Rate Mastery
Mechanics, exchange comparison, the four mistakes retail makes, complete playbook for $5-50K capital.
Long-form guide
Funding-rate arbitrage explained
How delta-neutral yield actually works on USDT-margined perpetuals.
Comparison
Best funding-rate exchanges 2026
Side-by-side: Binance, Bybit, Hyperliquid, OKX, Bitget. Where the highest sustainable APY lives.