PerpEquities

Funding screener

Compare funding across venues.

Live funding rates for every stock perp market side by side across venues — spot funding-arbitrage opportunities at a glance.

Max spread
CXMT +798% Annualized (APR)
Long Deepcoin · Short HTX
Net (24h hold)
NATGAS +156% Annualized (APR)
Long Vest · Short OKX
Assets
60
31 Venues
Basis
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The fee

Perpetual futures charge a periodic fee between longs and shorts. Positive rate = longs pay shorts; negative = shorts pay longs.

The yield

When a rate turns extreme, the receiving side gets paid just for holding - some stock perps have paid triple-digit annualized rates.

The spread

The same stock often pays differently per exchange: long the cheap venue, short the expensive one, collect the gap. The cards below rank exactly that, fees included.

Rates flip without warning - always check the break-even hold time and size positions accordingly. Not investment advice.

Executable spreads (at $10k per leg)

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.
NATGASGross ≈ +279% Annualized (APR)Long Vest · Short OKXNet (24h hold) +156% Annualized (APR) · break-even ≈ 10h 36mOrder-book age: 2m 13s
Not executable or uneconomical (59)
  • SILVER · Long BloFin · Short Crypto.com Exchange · Gross ≈ +127% · Net (24h hold) -6%
  • VST · Long Bitget · Short Bitunix · Gross ≈ +202% · Net (24h hold) -24%
  • NAVER · Long Bitunix · Short Bitget · Gross ≈ +263% · Net (24h hold) -41%
  • SNOW · Long XT.com · Short BingX · Gross ≈ +218% · Net (24h hold) -64%
  • BOT · Long Hyperliquid HIP-3 · Short Bitunix · Gross ≈ +474% · Net (24h hold) -95%
  • TEM · Long Bitget · Short Bybit · Gross ≈ +134% · Net (24h hold) -98%
  • TENCENT · Long Bitget · Short Binance · Gross ≈ +114% · Net (24h hold) -137%
  • HOOD · Long Kraken · Short Backpack · Gross ≈ +139% · Net (24h hold) -146%
  • PLATINUM · Long Bitget · Short Pacifica · Gross ≈ +104% · Net (24h hold) -157%
  • NVDL · Long Bitunix · Short XT.com · Gross ≈ +221% · Net (24h hold) -158%
  • ZS · Long Bitget · Short Bitunix · Gross ≈ +193% · Net (24h hold) -194%
  • KUAISHOU · Long Deepcoin · Short KuCoin · Gross ≈ +209% · Net (24h hold) -207%

Showing 12 of 59

Persistent funding spreads

Cross-venue funding spreads that stay above 100% APR for large parts of the week - a market regime, not a flash anomaly. Classes: structural ≥40% of hours, episodic 10–40%, flash <10%.
Stock% time >100%Median spreadLongest streakCurrent streakExtreme side
$CXMT Structural57%123%19h5hshorts pay 164% on gateio
$KIOXIA Episodic39%65%5h1hshorts pay 86% on hyperliquid
$SNOW Episodic37%17%23h1hshorts pay 298% on xt
$BNC Episodic33%55%6h–longs pay 285% on binance
$MINIMAX Episodic32%68%6h–longs pay 116% on hyperliquid
$CRDO Episodic29%59%9h–longs pay 163% on hyperliquid
$SKHYNIX Episodic26%63%7h–longs pay 129% on hyperliquid
$SOXL Episodic26%42%7h1hlongs pay 130% on hyperliquid
$WTI Episodic23%66%27h27hshorts pay 289% on blofin
$KORU Episodic23%25%17h1hlongs pay 172% on hyperliquid
$HYUNDAI Episodic21%40%2h–longs pay 139% on hyperliquid
$UNITREE Episodic18%56%5h–longs pay 121% on hyperliquid
$ORCL Episodic17%28%20h–longs pay 217% on gateio
$ZHIPU Episodic17%46%5h–longs pay 155% on hyperliquid
$HOOD Episodic15%42%4h–longs pay 80% on bitget
$NATGAS Episodic15%33%19h19hlongs pay 314% on okx
$CRCL Episodic14%30%7h–longs pay 76% on gateio
$SAMSUNG Episodic14%29%7h–longs pay 124% on okx
$SNXX Episodic13%6%6h–longs pay 139% on binance
$MSTR Episodic12%35%4h–shorts pay 103% on hyperliquid

The extreme side is usually deep NEGATIVE funding - crowded shorts paying longs on a single venue. There is no spot borrow for pre-IPO and many Asia names, so one-sided flow cannot be arbitraged away. Persistently negative funding is also a caution sign for the name itself.

Historical observation, not a forecast.

Funding screener

Updated 12s ago
How to read this table

Rates are normalized to 1-hour funding. Green = negative (longs get paid), red = positive (longs pay). Max spread is the gap between the highest and lowest venue — a live snapshot, not a guaranteed arbitrage. Hover or tap a rate for details, click to trade on that venue. The Long/Short badges mark the two legs of the max spread: go long on the venue with the lowest rate and short on the highest.

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Venues ▾
Venues
AssetMax spreadBinanceLBankHyperliquid HIP-3OKXMEXCOurbitGate.ioBitgetXT.comBitunixBybitDeepcoinBingXKuCoinExtendedAsterGRVTCoinbase InternationalPhemexBloFinHTXCrypto.com ExchangeVestPacificaKrakenLighterHelix (Injective)BackpackOrderly NetworkParadexAevo
CXMT+0.0912%≈ +798% Annualized (APR)--0.0337%-0.0209%-0.0349%--0.0329%-0.0259%-0.0309%-0.0355%-0.0340%-0.0336%-0.0912%Long-0.0325%---0.0277%----0.0000%Short----------
GIGADEV+0.0673%≈ +589% Annualized (APR)0.0000%-+0.0126%--0.0000%0.0000%-0.0000%-0.0001%---0.0006%Long+0.0030%------0.0000%+0.0667%Short---------
GPRO+0.0655%≈ +574% Annualized (APR)+0.0382%+0.0386%+0.0121%+0.0332%-+0.0383%0.0000%0.0000%Long+0.0655%Short+0.0388%+0.0300%-+0.0370%+0.0374%-+0.0404%----0.0000%----------
BOT+0.0541%≈ +474% Annualized (APR)+0.0448%+0.0449%-0.0084%Long+0.0422%-+0.0449%0.0000%0.0000%+0.0372%+0.0456%Short+0.0097%-+0.0436%+0.0445%------+0.0013%+0.1599%---------
BRENT+0.0525%≈ +460% Annualized (APR)-0.0229%--0.0299%-0.0263%-0.0229%-0.0229%-0.0276%-0.0254%--0.0261%-0.0234%---0.0246%---0.0280%-0.0170%--0.0261%-0.0172%-0.0514%Long-0.0010%--0.0133%-+0.0004%-+0.0011%Short-0.0132%-
HANMI+0.0466%≈ +408% Annualized (APR)+0.0125%+0.0134%---+0.0127%0.0000%Long+0.0466%Short+0.0127%+0.0137%+0.0286%-+0.0433%+0.0066%--+0.0184%---0.0000%----------
OPENAI+0.0409%≈ +358% Annualized (APR)+0.0006%+0.0006%+0.0072%-+0.0006%+0.0006%0.0000%0.0000%Long+0.0013%+0.0006%0.0000%-+0.0006%+0.0006%+0.0006%+0.0006%+0.0006%+0.0409%Short0.0000%+0.0010%----+0.0006%------
URNM+0.0398%≈ +349% Annualized (APR)+0.0003%+0.0003%+0.0398%Short+0.0041%+0.0003%-0.0000%Long-+0.0003%+0.0007%--+0.0040%--0.0000%+0.0013%--+0.0043%-+0.0388%-+0.0013%-------
STX+0.0369%≈ +323% Annualized (APR)-0.0232%-+0.0106%Short---0.0233%---0.0258%-0.0234%-0.0138%-+0.0006%-0.0207%-0.0233%-0.0072%-0.0263%Long---0.0234%-----------
KIOXIA+0.0355%≈ +311% Annualized (APR)-+0.0006%-0.0193%0.0000%--0.0000%+0.0006%0.0000%---+0.0008%-0.0040%-0.0194%Long-----+0.0013%+0.0161%Short---------
TEAM+0.0323%≈ +283% Annualized (APR)+0.0315%+0.0316%---+0.0316%0.0000%0.0000%+0.0251%+0.0317%Short+0.0170%--0.0006%Long------------------
NATGAS+0.0319%≈ +279% Annualized (APR)+0.0175%+0.0177%+0.0220%+0.0324%Short+0.0148%+0.0220%+0.0102%+0.0219%+0.0190%+0.0177%---+0.0276%-+0.0074%+0.0146%--+0.0229%-+0.0045%+0.0006%Long+0.0151%+0.0060%---+0.0013%+0.0089%-
NAVER+0.0301%≈ +263% Annualized (APR)0.0000%0.0000%---0.0000%0.0000%+0.0294%Short+0.0025%-0.0007%Long+0.0076%-+0.0273%---+0.0008%----+0.0298%---------
COPPER+0.0298%≈ +261% Annualized (APR)+0.0044%+0.0045%+0.0007%+0.0015%+0.0044%+0.0044%+0.0251%Short+0.0048%+0.0047%+0.0046%--0.0046%Long-+0.0013%+0.0009%+0.0015%+0.0065%--+0.0015%0.0000%-0.0041%+0.0006%+0.0013%+0.0101%---+0.0013%+0.0018%+0.0013%
RGTI+0.0294%≈ +257% Annualized (APR)-0.0000%-----0.0000%Long----+0.0006%+0.0294%Short+0.0005%-------+0.0006%--------
NCLD+0.0292%≈ +256% Annualized (APR)--+0.0286%Short----------0.0006%Long------------------
WTI+0.0279%≈ +244% Annualized (APR)-0.0189%--0.0217%-0.0205%-0.0190%-0.0190%-0.0245%-0.0222%-0.0032%-0.0206%-0.0244%---0.0214%-0.0211%-0.0098%-0.0198%---0.0267%Long--0.0266%-0.0006%-0.0204%--+0.0004%-+0.0013%Short-0.0103%-
ANTHROPIC+0.0273%≈ +239% Annualized (APR)+0.0006%+0.0006%+0.0023%-+0.0006%+0.0006%0.0000%+0.0009%+0.0013%+0.0006%0.0000%Long-+0.0010%+0.0006%-+0.0006%+0.0006%+0.0273%Short0.0000%+0.0009%0.0000%---+0.0006%-----+0.0013%
ZM+0.0266%≈ +233% Annualized (APR)+0.0105%+0.0106%-0.0111%Long+0.0070%--0.0000%0.0000%+0.0155%Short+0.0106%0.0000%-+0.0101%+0.0146%-0.0000%------0.0432%---------
SHLD+0.0256%≈ +224% Annualized (APR)-+0.0250%-+0.0250%+0.0250%-0.0000%Long-+0.0254%+0.0256%Short--+0.0244%------------------
NVDL+0.0253%≈ +221% Annualized (APR)+0.0152%+0.0152%-0.0000%+0.0152%+0.0152%0.0000%0.0000%+0.0246%Short-0.0007%Long---0.0006%------------------
SNOW+0.0249%≈ +218% Annualized (APR)-0.0048%-0.0048%-0.0000%--0.0049%0.0000%0.0000%-0.0243%Long-0.0051%0.0000%-+0.0006%Short---------0.0310%----+0.0004%----
KUAISHOU+0.0238%≈ +209% Annualized (APR)+0.0147%+0.0148%---+0.0148%0.0000%0.0000%+0.0074%+0.0148%0.0000%-0.0013%Long+0.0140%+0.0226%Short-+0.0080%----0.0000%----------
VST+0.0231%≈ +202% Annualized (APR)+0.0225%+0.0229%+0.0080%--+0.0226%0.0000%0.0000%Long+0.0013%+0.0231%Short0.0000%-+0.0222%--------+0.0705%----+0.0028%----
BSP+0.0225%≈ +197% Annualized (APR)0.0000%0.0000%--0.0194%Long--0.0000%0.0000%+0.0013%-0.0008%0.0000%--0.0167%+0.0032%Short------+0.0013%+0.0215%---------
RIVN+0.0225%≈ +197% Annualized (APR)0.0000%0.0000%+0.0006%0.0000%-0.0000%0.0000%-+0.0013%Short-0.0002%0.0000%-+0.0006%+0.0013%-0.0000%------0.0213%Long+0.0006%---+0.0004%----
ZS+0.0220%≈ +193% Annualized (APR)+0.0217%+0.0217%---+0.0217%0.0000%0.0000%Long+0.0138%+0.0220%Short--+0.0209%------------------
PDD+0.0199%≈ +174% Annualized (APR)+0.0012%0.0000%---+0.0013%0.0000%0.0000%+0.0105%+0.0014%+0.0109%+0.0031%-0.0006%+0.0171%Short+0.0005%------------0.0028%Long----
MELI+0.0194%≈ +170% Annualized (APR)---0.0187%Long---0.0000%0.0000%----+0.0006%Short-+0.0005%-----0.0000%----------
MEITUAN+0.0183%≈ +161% Annualized (APR)+0.0111%+0.0113%---+0.0111%0.0000%+0.0039%+0.0078%+0.0113%0.0000%Long-+0.0108%+0.0183%Short-0.0000%----0.0000%----------
BYD+0.0180%≈ +157% Annualized (APR)+0.0094%+0.0096%---+0.0094%0.0000%Long+0.0180%Short+0.0087%+0.0097%+0.0027%--+0.0064%------0.0000%----------
QCOM+0.0177%≈ +155% Annualized (APR)0.0000%0.0000%+0.0024%Short0.0000%-0.0000%+0.0020%0.0000%0.0000%-0.0008%0.0000%+0.0013%+0.0006%+0.0013%0.0000%0.0000%+0.0017%-0.0000%-0.0001%--0.0153%Long-----0.0028%----
AVGO+0.0171%≈ +150% Annualized (APR)0.0000%0.0000%+0.0024%Short+0.0011%-0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%+0.0019%+0.0010%+0.0013%0.0000%0.0000%0.0000%-0.0000%-0.0003%0.0000%-0.0147%Long+0.0006%----0.0028%----
CAT+0.0169%≈ +148% Annualized (APR)+0.0164%+0.0163%--+0.0010%+0.0163%0.0000%0.0000%Long+0.0169%Short-+0.0159%-+0.0154%-------+0.0013%----------
CIEN+0.0165%≈ +145% Annualized (APR)0.0000%0.0000%+0.0164%Short0.0000%-0.0000%0.0000%0.0000%+0.0013%-0.0001%Long0.0000%-+0.0006%+0.0013%------+0.0013%-0.0060%---------
PALLADIUM+0.0164%≈ +144% Annualized (APR)+0.0081%+0.0083%+0.0066%+0.0068%+0.0082%+0.0082%0.0000%Long+0.0109%0.0000%+0.0038%---+0.0013%-+0.0052%+0.0164%Short--+0.0087%-+0.0076%----+0.0004%----
PLTR+0.0162%≈ +142% Annualized (APR)+0.0012%+0.0012%+0.0006%+0.0023%--+0.0058%Short0.0000%+0.0012%+0.0011%+0.0037%-0.0036%+0.0035%+0.0013%+0.0012%0.0000%+0.0007%--+0.0027%--0.0105%Long+0.0006%+0.0013%--+0.0004%---+0.0013%
DKNG+0.0160%≈ +140% Annualized (APR)+0.0047%+0.0047%+0.0006%+0.0021%--0.0000%0.0000%+0.0024%+0.0049%0.0000%--0.0006%+0.0132%Short-0.0000%----0.0000%+0.0442%-----0.0028%Long----
SAMSUNG+0.0159%≈ +139% Annualized (APR)0.0000%0.0000%-0.0087%Long0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%-0.0001%0.0000%-+0.0013%+0.0013%0.0000%0.0000%0.0000%-0.0000%+0.0004%-+0.0073%Short-+0.0013%----+0.0013%-+0.0013%
HOOD+0.0158%≈ +139% Annualized (APR)+0.0013%+0.0013%+0.0037%+0.0036%-+0.0013%+0.0088%0.0000%+0.0013%+0.0013%+0.0039%-+0.0037%+0.0013%+0.0013%0.0000%+0.0028%+0.0015%0.0000%+0.0027%0.0000%+0.0059%+0.0006%+0.0013%-0.0032%Long-+0.0004%+0.0127%Short+0.0013%-+0.0013%
XIAOMI+0.0158%≈ +138% Annualized (APR)---+0.0153%-+0.0153%+0.0043%+0.0032%-+0.0158%Short0.0000%-+0.0150%--0.0000%Long-----+0.0478%---------
KSTR+0.0155%≈ +136% Annualized (APR)+0.0140%+0.0140%--+0.0140%-0.0000%0.0000%+0.0153%Short+0.0137%--0.0003%Long+0.0130%+0.0129%-0.0000%+0.0128%---+0.0013%----------
MCD+0.0153%≈ +134% Annualized (APR)-0.0000%---0.0000%+0.0025%0.0000%--0.0003%Long+0.0151%Short-+0.0006%+0.0013%-----------------
META+0.0153%≈ +134% Annualized (APR)0.0000%0.0000%+0.0006%0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%-+0.0006%+0.0013%0.0000%0.0000%0.0000%+0.0008%0.0000%-0.0003%0.0000%-0.0058%Long+0.0006%-+0.0096%Short+0.0004%+0.0028%-+0.0013%+0.0007%+0.0013%
TEM+0.0153%≈ +134% Annualized (APR)+0.0043%+0.0041%---+0.0042%0.0000%0.0000%Long+0.0045%+0.0041%+0.0153%Short-+0.0144%-----0.0000%-------+0.0004%----
QNT+0.0147%≈ +129% Annualized (APR)+0.0084%+0.0035%-+0.0033%-+0.0084%0.0000%-+0.0089%+0.0085%+0.0079%-+0.0081%+0.0147%Short-0.0000%Long+0.0093%--------------
SILVER+0.0145%≈ +127% Annualized (APR)0.0000%0.0000%+0.0006%+0.0002%0.0000%0.0000%+0.0011%+0.0007%0.0000%-0.0001%0.0000%+0.0067%-+0.0013%+0.0004%0.0000%+0.0005%+0.0011%--0.0030%Long-+0.0115%Short+0.0006%+0.0013%+0.0003%--0.0028%-+0.0013%+0.0007%+0.0009%
LENOVO+0.0140%≈ +123% Annualized (APR)------0.0140%0.0000%Short----0.0140%Long--------------------
SNXX+0.0139%≈ +122% Annualized (APR)0.0000%0.0000%-0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%-0.0006%Long--+0.0006%-0.0004%-0.0000%--0.0000%+0.0002%-+0.0133%Short------+0.0013%--
EBAY+0.0138%≈ +121% Annualized (APR)+0.0128%+0.0129%+0.0006%--+0.0129%0.0000%-+0.0138%Short+0.0132%0.0000%Long-+0.0127%--0.0000%----0.0000%----------
DIS+0.0137%≈ +120% Annualized (APR)0.0000%0.0000%---0.0000%0.0000%-0.0000%-0.0013%-+0.0109%Short+0.0006%+0.0013%-0.0000%0.0000%-0.0000%-0.0000%------0.0028%Long----
NET+0.0134%≈ +117% Annualized (APR)0.0000%0.0000%+0.0128%Short0.0000%-0.0000%0.0000%0.0000%+0.0013%-0.0006%Long0.0000%-+0.0006%--------+0.0431%---------
COIN+0.0134%≈ +117% Annualized (APR)+0.0003%+0.0003%+0.0019%+0.0003%+0.0003%+0.0003%+0.0082%0.0000%+0.0025%+0.0003%+0.0003%-0.0013%+0.0003%+0.0013%+0.0003%0.0000%0.0000%--+0.0013%0.0000%-0.0021%Long+0.0007%-+0.0112%Short+0.0004%-0.0055%-+0.0013%--
TENCENT+0.0130%≈ +114% Annualized (APR)+0.0130%Short+0.0128%---+0.0129%0.0000%0.0000%Long+0.0013%+0.0127%0.0000%--+0.0057%-+0.0099%---------------
CRCL+0.0126%≈ +110% Annualized (APR)+0.0057%+0.0057%+0.0031%+0.0054%-+0.0057%+0.0121%Short0.0000%+0.0057%+0.0057%+0.0029%+0.0032%+0.0054%+0.0068%+0.0057%+0.0059%+0.0038%+0.0027%0.0000%+0.0074%0.0000%-0.0005%Long+0.0023%+0.0013%+0.0058%-+0.0055%+0.0084%+0.0013%+0.0024%+0.0013%
RAM+0.0119%≈ +104% Annualized (APR)-0.0061%0.0000%-0.0000%-0.0060%-0.0060%0.0000%0.0000%+0.0004%Short-0.0055%----0.0115%Long----0.0000%-0.0061%--0.0036%---------
PLATINUM+0.0118%≈ +104% Annualized (APR)-0.0073%-0.0074%-0.0105%-0.0024%-0.0073%-0.0073%0.0000%-0.0106%Long-0.0077%-0.0074%----0.0039%-0.0065%-0.0032%-0.0091%---0.0071%-+0.0010%+0.0006%+0.0013%Short--+0.0004%---0.0031%-
IONQ+0.0118%≈ +103% Annualized (APR)+0.0043%0.0000%-+0.0118%Short-+0.0044%0.0000%0.0000%Long+0.0013%+0.0043%+0.0048%-+0.0111%+0.0040%----0.0000%+0.0045%0.0000%----------
MINIMAX+0.0118%≈ +103% Annualized (APR)+0.0062%+0.0062%+0.0118%Short+0.0070%+0.0062%+0.0062%0.0000%Long+0.0054%+0.0062%+0.0062%+0.0005%-+0.0067%+0.0027%+0.0062%+0.0014%+0.0047%---0.0000%+0.0194%--------+0.0013%
MDB+0.0116%≈ +102% Annualized (APR)+0.0116%Short+0.0115%---+0.0116%0.0000%0.0000%Long+0.0104%+0.0114%+0.0089%-+0.0108%-------0.0000%----------

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