Funding Rate Arbitrage Screener
Long one exchange, short another, collect the funding spread. Most screeners only list raw rates. We annualize across 3 funding intervals per day × 365 days, then subtract 2× taker fees on both legs, rebalanced weekly. Negative netApr means the spread won't cover your trading costs. 12 venues · 12 symbols.
The strongest crypto funding arbitrage right now is POLUSDT: long on Kraken Futures, short on Hyperliquid, paying 63.5% net APR after taker fees.
| # | Symbol | Net APR | Gross APR | Cost | Best Long | Best Short | Spread | Exchanges |
|---|---|---|---|---|---|---|---|---|
| 1 | POLUSDT | +63.5% | +73.4% | 9.88% | Kraken Futures -0.057% | Hyperliquid +0.010% | +0.067% | 11 / 6 |
| 2 | LTCUSDT | +33.1% | +43.5% | 10.40% | Gate.io +0.001% | dYdX +0.040% | +0.040% | 12 / 6 |
| 3 | BNBUSDT | +31.7% | +41.1% | 9.36% | Aster +0.003% | dYdX +0.040% | +0.038% | 12 / 6 |
| 4 | XRPUSDT | +14.1% | +24.5% | 10.40% | dYdX +0.000% | Kraken Futures +0.022% | +0.022% | 12 / 6 |
| 5 | WIFUSDT | +4.9% | +14.8% | 9.88% | Kraken Futures -0.004% | Hyperliquid +0.010% | +0.014% | 12 / 6 |
| 6 | DOGEUSDT | +4.8% | +14.1% | 9.36% | Kraken Futures -0.003% | Aster +0.010% | +0.013% | 12 / 6 |
| 7 | SOLUSDT | +3.5% | +13.3% | 9.88% | dYdX -0.002% | Hyperliquid +0.010% | +0.012% | 12 / 6 |
| 8 | ETHUSDT | +1.8% | +11.1% | 9.36% | dYdX -0.000% | Aster +0.010% | +0.010% | 12 / 6 |
| 9 | ADAUSDT | +1.6% | +10.9% | 9.36% | dYdX +0.000% | Aster +0.010% | +0.010% | 12 / 6 |
| 10 | AVAXUSDT | +1.6% | +10.9% | 9.36% | dYdX +0.000% | Aster +0.010% | +0.010% | 12 / 6 |
| 11 | BTCUSDT | +1.1% | +10.9% | 9.88% | dYdX +0.000% | Hyperliquid +0.010% | +0.010% | 12 / 6 |
| 12 | LINKUSDT | -5.5% | +3.9% | 9.36% | Kraken Futures +0.006% | Aster +0.010% | +0.004% | 12 / 6 |
Execute via partner exchanges
If you decide to size up a spread, these exchanges offer fee discounts via our referral. Discount effectively raises your netApr.
How the math works
- Spread / interval: highest funding rate minus lowest, per 8h window.
- Gross APR = spread × 3 (intervals/day) × 365. Assumes rate holds.
- Weekly rebalance cost = (takerFeelong + takerFeeshort) × 2 × 52. Two round trips a week is aggressive · reality can be less, so treat netApr as the floor.
- Net APR = Gross APR − Weekly cost. Sub-zero = not worth it.
Funding rates shift every 8h so this is a snapshot, not a forecast. If you hold the spread overnight, the next funding cycle may reprice against you. Position size conservatively.