Funding rate · rate-driven · delta-zero

Long the venue paying you,
short the venue charging.

Funding rates are the mechanism perpetuals use to keep their price tied to spot. They diverge constantly across venues. Long the perp where funding is positive (you get paid), short the perp where funding is negative or much smaller (you pay less than you collect). Delta-zero by construction. Hyperliquid funds hourly, Binance every 8 hours — the cycle math isn't the same and that's where the edge lives.

+0.05% /8h typical delta-zero cycle-aware 30+ perp venues
How it works

Funding rate diff → income, with no direction risk.

01 / TRACK

Funding stream per venue

Subscribe to the funding stream on every supported perp venue. Hyperliquid (1h), most CEX (8h), some DEX-perps (4h). Current rate, predicted rate, time-to-next-flip, all live.

02 / CROSS

Compute rate divergence

For every contract, compute funding rate across all venues normalised per 8h. Look for divergence ≥0.04% per 8h — that's the threshold where long-A short-B nets a positive after fees.

03 / PROJECT

Hold-cycle math

Project net income across 1 / 3 / 7 funding cycles assuming current rates persist. Flag rates likely to flip within the projection window so you don't open into a position about to invert.

04 / DELIVER

Long + short, hold across cycles

Alert lists both legs with their funding rates and cadences, the rate divergence per 8h, projected net at $1k for the recommended hold horizon. Open both — your PnL is just the funding you collect minus the funding you pay.

Coverage

Every venue with a funding stream.

Different cadences are an opportunity, not a problem — the divergence between an hourly-funded venue and an 8h-funded venue is exactly what creates the edge.

Binance 8h Bybit 8h OKX 8h Bitget 8h KuCoin 8h MEXC 8h Gate.io 8h BingX 8h HTX 8h Phemex 8h Hyperliquid 1h Lighter 1h EdgeX 4h Coinex 8h + 12 more, updates monthly
Signal format

What the funding-rate channel sends.

Header carries the contract, the rate divergence per 8h, magnitude tier, and projected net at $1k for the recommended hold. Long and Short rows show funding rates inline so you immediately see who pays and who collects.

The FUNDING table sorts venues by rate. Top is the most positive (collect), bottom is the most negative (pay) — the recommended trade brackets the gap. Cadence column shows 1h / 4h / 8h so you know how often you'll receive or pay.

  • Magnitude tiers: HIGH ≥0.08%/8h, MEDIUM ≥0.04%/8h
  • Cycle countdown to the next funding payment
  • Flip-prediction flag when historical rate suggests inversion likely
  • Projected net for 1 / 3 / 7 funding cycles inline
F
Finder · FUNDING
rate-driven · delta-zero
SOL +0.092% /8h ⚡(9$ /8h on $1000) | PERP
Long: Bybit_f +0.018% 8h (collect)
Short: HL_f −0.074% 1h (collect)
——————— FUNDING ⬇3/14 ——————— Venue Rate Cycle Per 8h Bybit_f +0.018% 8h +0.018% Mexc_f +0.005% 8h +0.005% HL_f −0.074% 1h −0.592%
⚙️ Hold projection @ $1k:
1 cycle (8h): +$9 · 3 cycles (24h): +$27 · 7 cycles: +$63
⚠ HL rate likely to flip within 4–6h
🕔 2026-04-29 19:08:14 UTC
19:08 ✓✓
All funding pairsOpen positionsNext flips
Pair / Token
Long
Short
Δ /8h
Net /8h
Next flip
Age
S
BYBIT_f / HL_f
SOL
Bybit
+0.018%
HL
−0.074%
+0.092%
+$9
HL: 32m
3s
E
OKX_f / LIGHTER_f
ETH
OKX
+0.012%
Lighter
−0.038%
+0.050%
+$5
LIG: 14m
8s
D
BINANCE_f / EDGEX_f
DOGE
Binance
+0.011%
EdgeX
−0.064%
+0.075%
+$8
EDG: 1h 12m
14s
A
MEXC_f / HL_f
AVAX
MEXC
+0.009%
HL
−0.041%
+0.050%
+$5
HL: 32m
21s
T
BITGET_f / HL_f
TIA
Bitget
+0.014%
HL
−0.029%
+0.043%
+$4
HL: 32m
38s
Dashboard

Funding cycles synced, flips projected.

All funding pairs firehose — every contract, every venue cross sorted by funding-rate divergence. The cycle column tells you when the next funding payment lands so you size the hold to capture full cycles.

Next flips sorts by predicted rate-flip time. Useful for closing positions before the rate inverts and you start paying instead of collecting.

  • 1h / 4h / 8h cycle annotated on every row
  • Net per 8h normalised so cross-cadence rates are comparable
  • Flip-prediction based on 24h rate history
  • Click a row → side-by-side funding history charts
Included in

Funding-rate is in Spreads and All-in-one.

Same plan as the other rate / hedge channels. Standalone DEX-Dumps does not include funding-rate signals.

Spreads
All rate-driven feeds: funding, hedge, futures, spot.
$79 / mo
$209 / quarter — 12% off
See full plan
Funding-rate FAQ

Practical questions about funding-rate arb.

How is this different from Futures–Futures spread arbitrage?
Futures–Futures profits from the price gap between two perp venues — that gap closes in minutes to hours and you exit. Funding-rate is income from holding the position across funding payments — you stay open as long as the rates stay favourable. Same delta-zero structure, different payoff timing. Funding hold-times are measured in days, not hours.
What does "+0.05% per 8h typical" actually pay at scale?
On $1k position size: $0.50 per 8h funding payment, $1.50 per day, ~$45/month per pair. On $10k: $15/day, ~$450/month. The math scales linearly with size. Most funding-rate operators run several pairs in parallel — the income compounds across the portfolio.
Funding rates flip — how do I avoid the wrong side?
The flip-prediction model uses 24h rate history per venue to flag rates that look likely to invert in the next 4–6 hours. The dashboard "Next flips" tab sorts by predicted flip time so you can close before the rate moves against you. Some pairs are stable for days, others flip every few hours — the channel separates them.
Hyperliquid funds hourly — does that change the math?
Yes — hourly funding compounds 8× faster than 8h funding for the same percentage rate. A −0.05% hourly funding on Hyperliquid is equivalent to −0.4% per 8h, which is a much bigger position to short. The "Per 8h" column in the alert and the dashboard normalises every cadence so cross-venue rates are directly comparable.
What's the smallest divergence still worth it?
~0.04% per 8h is the floor — covers taker fees on entry/exit at typical ~0.04% taker × 2 legs and leaves a meaningful margin. Below that, the funding income barely beats the round-trip cost. The MEDIUM tier filter starts at this threshold; HIGH starts at 0.08% per 8h.
Other arbitrage types

Different shape, different rhythm.

Three days, no card

Run funding arb on your portfolio.

3 days inside the live FUNDING channel. If the rate-driven flow fits how you trade, the math works at any size. If not, walk — no card on file.

Start trial