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
OUST +896% Annualized (APR)
Long Bitget · Short BingX
Net (24h hold)
-
Assets
60
31 Venues
Basis
Basis & carry screener →

New here? Funding in 30 seconds

  1. The fee

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

  2. The yield

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

  3. 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.

–

Not executable or uneconomical (60)
  • MU · Long Aster · Short Backpack · Gross ≈ +114% · Net (24h hold) -6%
  • TTWO · Long Binance · Short Hyperliquid HIP-3 · Gross ≈ +230% · Net (24h hold) -32%
  • APLD · Long Bitget · Short BingX · Gross ≈ +148% · Net (24h hold) -42%
  • CRCL · Long HTX · Short Backpack · Gross ≈ +119% · Net (24h hold) -111%
  • COIN · Long Helix (Injective) · Short Kraken · Gross ≈ +149% · Net (24h hold) -183%
  • BOT · Long Deepcoin · Short Hyperliquid HIP-3 · Gross ≈ +257% · Net (24h hold) -294%
  • QBTS · Long Bitunix · Short BingX · Gross ≈ +122% · Net (24h hold) -342%
  • EBAY · Long Hyperliquid HIP-3 · Short BingX · Gross ≈ +155% · Net (24h hold) -434%
  • SKDD · Long Bitget · Short XT.com · Gross ≈ +114% · Net (24h hold) -526%
  • GPRO · Long Bitunix · Short Hyperliquid HIP-3 · Gross ≈ +236% · Net (24h hold) -586%
  • GGLL · Long Bitget · Short BingX · Gross ≈ +121% · Net (24h hold) -702%
  • TSEM · Long Bybit · Short XT.com · Gross ≈ +131% · Net (24h hold) -1,124%

Showing 12 of 60

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
$WTI Structural81%203%46h–shorts pay 319% on bybitother leg: aster at -83%
$NATGAS Structural54%115%19h–longs pay 325% on okxother leg: mexc at +115%
$SKHYNIX Structural49%97%12h–longs pay 196% on bitgetother leg: gateio at +36%
$BRENT Structural43%82%9h–shorts pay 391% on bybitother leg: kucoin at -215%
$UNITREE Structural41%75%18h–shorts pay 123% on gateioother leg: hyperliquid at +22%
$MINIMAX Structural40%78%10h8hshorts pay 137% on hyperliquidother leg: okx at +45%
$ZHIPU Structural40%77%12h7hlongs pay 165% on hyperliquidother leg: bitget at +2%
$CXMT Episodic37%79%8h1hshorts pay 156% on hyperliquidother leg: okx at 0%
$KIOXIA Episodic34%55%8h–longs pay 174% on hyperliquidother leg: bitget at 0%
$SAMSUNG Episodic25%50%9h–shorts pay 138% on hyperliquidother leg: phemex at 0%
$KORU Episodic22%46%11h–shorts pay 144% on bitgetother leg: hyperliquid at +10%
$SOXL Episodic21%34%10h–shorts pay 141% on bitgetother leg: kucoin at +57%
$BNC Episodic14%13%10h–longs pay 230% on bitgetother leg: binance at +67%
$ORCL Episodic13%26%19h–longs pay 96% on gateioother leg: hyperliquid at -39%
$SKHY Episodic12%31%6h–shorts pay 149% on bitgetother leg: xt at +10%

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 9s 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 spreadBinanceHyperliquid HIP-3OKXGate.ioOurbitBitgetLBankBybitBitunixMEXCBingXXT.comAsterKuCoinDeepcoinExtendedCrypto.com ExchangeGRVTBloFinVestPhemexCoinbase InternationalLighterKrakenHTXPacificaBackpackHelix (Injective)Orderly NetworkParadexAevo
OUST+0.1023%≈ +896% Annualized (APR)--0.0000%0.0000%0.0000%0.0000%Long0.0000%0.0000%--+0.1023%Short--------------------
KSTR+0.0626%≈ +548% Annualized (APR)0.0000%+0.0605%Short-0.0000%-0.0000%0.0000%--0.0020%Long0.0000%+0.0006%0.0000%0.0000%+0.0013%-0.0013%--+0.0013%------+0.0013%------
NCLD+0.0519%≈ +455% Annualized (APR)--0.0526%Long---------0.0006%Short--------------------
URNM+0.0512%≈ +448% Annualized (APR)0.0000%-0.0293%Long-0.0052%0.0000%--0.0000%-+0.0003%0.0000%+0.0006%0.0000%0.0000%--0.0013%-+0.0219%Short+0.0004%-0.0053%------+0.0013%-----
INTW+0.0496%≈ +434% Annualized (APR)0.0000%-0.0000%0.0000%0.0000%0.0000%0.0000%--0.0003%0.0000%+0.0006%+0.0013%Short-+0.0013%---0.0483%Long-------0.0000%------
SHAZ+0.0389%≈ +341% Annualized (APR)-0.0065%-0.0377%Long-0.0121%0.0000%-0.0000%-0.0065%-0.0219%-0.0005%-+0.0006%-0.0066%-+0.0013%Short-0.0013%--0.0013%--------------
LIN+0.0385%≈ +337% Annualized (APR)---0.0000%Short-0.0000%-----0.0385%Long----+0.0005%---------------
POET+0.0362%≈ +317% Annualized (APR)--0.0000%--0.0000%Long0.0000%0.0000%--+0.0362%Short--+0.0013%-----------------
EWZ+0.0347%≈ +304% Annualized (APR)0.0000%+0.0021%Short0.0000%0.0000%-0.0000%0.0000%--0.0005%0.0000%+0.0006%+0.0013%0.0000%+0.0013%---0.0326%Long0.0000%------0.0000%------
KIOXIA+0.0323%≈ +283% Annualized (APR)-+0.0008%0.0000%0.0000%-0.0000%0.0000%---+0.0006%0.0000%-+0.0013%Short-+0.0009%-0.0311%Long-------+0.0013%------
BOT+0.0293%≈ +257% Annualized (APR)0.0000%+0.0191%Short0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%+0.0027%-+0.0006%+0.0013%--0.0003%-0.0102%Long--0.0035%-------+0.0013%------
NATGAS+0.0278%≈ +243% Annualized (APR)0.0000%-0.0028%+0.0032%0.0000%0.0000%0.0000%0.0000%-+0.0014%-0.0110%Long-+0.0001%0.0000%+0.0013%--+0.0168%Short0.0000%+0.0030%+0.0006%----0.0015%-+0.0013%--+0.0013%+0.0004%-
GPRO+0.0269%≈ +236% Annualized (APR)0.0000%+0.0262%Short+0.0112%0.0000%0.0000%0.0000%0.0000%0.0000%-0.0007%Long-+0.0108%+0.0013%0.0000%-0.0005%+0.0013%-+0.1191%-------0.0000%------
ZM+0.0264%≈ +231% Annualized (APR)0.0000%+0.0092%0.0000%0.0000%-0.0000%0.0000%0.0000%+0.0003%-+0.0006%+0.0013%0.0000%-0.0021%Long--+0.0243%Short--------------
TTWO+0.0263%≈ +230% Annualized (APR)0.0000%Long+0.0263%Short0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%-+0.0006%+0.0013%-+0.0013%-+0.0005%+0.0065%--------------
SKUU+0.0251%≈ +220% Annualized (APR)0.0000%Long-0.0000%0.0000%0.0000%0.0000%0.0000%-+0.0002%0.0000%+0.0006%0.0000%----+0.0251%Short---0.0000%----------
TER+0.0247%≈ +216% Annualized (APR)0.0000%-0.0014%Long0.0000%0.0000%-0.0000%0.0000%0.0000%-0.0001%-+0.0006%0.0000%-+0.0013%-0.0013%+0.0005%+0.0233%Short--------------
RIVN+0.0229%≈ +201% Annualized (APR)0.0000%+0.0017%Short0.0000%0.0000%0.0000%-0.0000%0.0000%-0.0001%-+0.0006%+0.0013%0.0000%+0.0013%-0.0013%--0.0212%Long--+0.0006%-------0.0000%---
KOSPI+0.0227%≈ +199% Annualized (APR)--0.0111%---0.0000%-0.0227%Long-----------------0.0000%Short------
INFQ+0.0226%≈ +198% Annualized (APR)--0.0000%0.0000%-0.0000%0.0000%0.0000%-0.0019%Long-+0.0207%Short-0.0013%--0.0005%----------+0.0013%------
LYTE+0.0221%≈ +193% Annualized (APR)0.0000%+0.0077%0.0000%-0.0000%0.0000%0.0000%--0.0002%Long+0.0025%+0.0025%+0.0013%0.0000%+0.0013%--+0.0219%Short-------0.0000%------
OKLO+0.0215%≈ +188% Annualized (APR)-----0.0000%Long0.0000%---+0.0215%Short--+0.0013%-------------+0.0028%---
AXTI+0.0212%≈ +186% Annualized (APR)+0.0005%-0.0000%0.0000%-0.0000%+0.0006%0.0000%+0.0003%-+0.0007%+0.0005%0.0000%Long+0.0013%-+0.0005%+0.0212%Short+0.0014%------0.0000%------
WTI+0.0209%≈ +183% Annualized (APR)-0.0016%+0.0005%-0.0026%-0.0065%-0.0017%-0.0048%--0.0082%-0.0036%-0.0017%--0.0181%Long-0.0006%-0.0039%-+0.0004%-0.0058%-0.0011%-0.0033%-0.0030%------0.0003%-+0.0028%Short+0.0013%-0.0008%-
ISRG+0.0206%≈ +180% Annualized (APR)--0.0000%0.0000%-0.0000%-0.0000%--+0.0178%Short----+0.0005%--------+0.0013%---0.0028%Long---
ALAB+0.0204%≈ +179% Annualized (APR)0.0000%-0.0000%0.0000%-0.0000%0.0000%0.0000%+0.0007%-+0.0006%+0.0013%-+0.0013%-0.0013%Long+0.0005%+0.0192%Short-0.0000%+0.0006%0.0000%---+0.0013%------
VST+0.0198%≈ +174% Annualized (APR)0.0000%+0.0008%-0.0000%0.0000%0.0000%0.0000%0.0000%-0.0004%-+0.0006%+0.0013%---0.0013%Long-+0.0186%Short----------+0.0028%---
NET+0.0195%≈ +171% Annualized (APR)0.0000%-0.0072%Long0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%+0.0002%--0.0006%+0.0003%---0.0013%-+0.0123%Short--------------
MINIMAX+0.0189%≈ +166% Annualized (APR)0.0000%+0.0157%Short0.0000%-0.0004%0.0000%-0.0033%Long0.0000%0.0000%-0.0006%0.0000%+0.0013%0.0000%0.0000%+0.0013%-0.0000%-0.0274%+0.0056%------0.0000%------
MAGS+0.0188%≈ +165% Annualized (APR)-+0.0195%Short--------+0.0006%Long--------------------
CRM+0.0187%≈ +164% Annualized (APR)0.0000%-0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%--0.0006%Long0.0000%0.0000%+0.0013%--+0.0181%Short0.0000%------0.0000%--+0.0004%---
CRWD+0.0179%≈ +157% Annualized (APR)-0.0055%-0.0014%-0.0002%--0.0055%0.0000%--0.0042%---0.0054%-0.0025%0.0000%+0.0012%Short-0.0025%+0.0006%-0.0167%Long-0.0098%--0.0000%---0.0000%--+0.0004%---
ON+0.0178%≈ +156% Annualized (APR)---0.0096%Long----0.0000%--+0.0082%Short--------------------
EBAY+0.0177%≈ +155% Annualized (APR)0.0000%-0.0171%Long-0.0000%0.0000%-0.0000%0.0000%-0.0064%-+0.0006%Short0.0000%0.0000%---+0.0265%-------0.0000%------
COIN+0.0170%≈ +149% Annualized (APR)0.0000%+0.0006%+0.0003%0.0000%0.0000%+0.0003%0.0000%0.0000%+0.0001%0.0000%+0.0004%+0.0025%0.0000%+0.0013%-0.0000%+0.0031%0.0000%+0.0015%+0.0003%--+0.0007%+0.0115%Short0.0000%---0.0055%Long+0.0013%--
APLD+0.0169%≈ +148% Annualized (APR)--0.0000%-0.0000%0.0000%Long0.0000%0.0000%--+0.0169%Short--+0.0013%----------0.0000%------
ORCL+0.0167%≈ +146% Annualized (APR)0.0000%+0.0008%+0.0022%Short0.0000%0.0000%+0.0006%0.0000%0.0000%+0.0007%-+0.0021%0.0000%0.0000%+0.0013%-0.0000%-0.0145%Long0.0000%+0.0001%+0.0006%-------+0.0004%+0.0013%--
SOFTBANK+0.0163%≈ +143% Annualized (APR)-+0.0163%Short0.0000%0.0000%-0.0000%Long0.0000%------------------------
BRENT+0.0161%≈ +141% Annualized (APR)0.0000%+0.0006%0.0000%-0.0027%0.0000%0.0000%-0.0000%-0.0036%0.0000%---+0.0013%-0.0025%-+0.0076%Short0.0000%+0.0002%-0.0085%Long--0.0024%--0.0060%0.0000%--+0.0028%+0.0003%+0.0006%-
NKE+0.0159%≈ +140% Annualized (APR)---0.0000%0.0000%0.0000%Long0.0000%-+0.0001%-+0.0159%Short----------------+0.0028%---
PENG+0.0156%≈ +137% Annualized (APR)+0.0072%-0.0000%0.0000%+0.0072%0.0000%Long+0.0070%---+0.0068%+0.0065%----+0.0156%Short--+0.0006%-----------
TSM+0.0155%≈ +136% Annualized (APR)0.0000%-0.0011%0.0000%0.0000%-0.0000%-0.0000%-0.0008%-+0.0050%Short0.0000%0.0000%+0.0013%-0.0000%-0.0105%Long+0.0008%+0.0022%+0.0006%0.0000%-0.0039%-----+0.0028%+0.0013%--
TSEM+0.0150%≈ +131% Annualized (APR)--0.0000%0.0000%-0.0000%0.0000%-0.0137%Long--+0.0006%+0.0013%Short-------+0.0006%-----------
IBM+0.0149%≈ +130% Annualized (APR)+0.0005%+0.0006%0.0000%0.0000%+0.0005%0.0000%+0.0005%0.0000%+0.0002%-+0.0004%+0.0005%0.0000%+0.0013%-+0.0005%-0.0108%Long+0.0040%Short+0.0006%+0.0006%----0.0000%--+0.0004%---
MCD+0.0146%≈ +128% Annualized (APR)---0.0000%+0.0021%+0.0021%+0.0021%0.0000%Long+0.0019%-+0.0146%Short--+0.0023%-----------------
IREN+0.0143%≈ +125% Annualized (APR)0.0000%+0.0011%0.0000%0.0000%0.0000%0.0000%-0.0000%-0.0006%Long-+0.0006%0.0000%0.0000%+0.0013%-+0.0005%+0.0136%Short0.0000%-+0.0006%----0.0000%------
QBTS+0.0139%≈ +122% Annualized (APR)----0.0000%0.0000%---0.0016%Long-+0.0123%Short--------------------
GGLL+0.0138%≈ +121% Annualized (APR)---0.0000%-0.0000%Long---0.0000%+0.0138%Short--------------------
ASTS+0.0138%≈ +121% Annualized (APR)0.0000%-0.0000%0.0000%0.0000%0.0000%0.0000%+0.0007%+0.0004%-+0.0093%0.0000%0.0000%+0.0013%-0.0000%+0.0136%Short0.0000%-0.0001%Long+0.0006%----0.0000%------
CRCL+0.0136%≈ +119% Annualized (APR)+0.0040%+0.0032%+0.0029%+0.0007%+0.0040%+0.0051%+0.0040%+0.0028%+0.0037%-+0.0048%+0.0040%+0.0040%+0.0021%-+0.0040%+0.0009%+0.0039%+0.0055%+0.0006%0.0000%+0.0032%-+0.0075%0.0000%Long+0.0013%+0.0136%Short+0.0055%+0.0013%+0.0034%+0.0013%
PEP+0.0136%≈ +119% Annualized (APR)---0.0000%-0.0000%-0.0000%-0.0010%Long-+0.0126%Short--------------------
COPPER+0.0135%≈ +118% Annualized (APR)-0.0045%-0.0025%0.0000%0.0000%-0.0044%-0.0058%-0.0044%--0.0044%-0.0044%--0.0045%-0.0017%+0.0013%--0.0034%-0.0123%Long-0.0046%-0.0038%+0.0006%----0.0005%0.0000%+0.0013%Short--+0.0013%-0.0002%-0.0007%
HPE+0.0134%≈ +117% Annualized (APR)0.0000%-0.0000%0.0000%-0.0000%0.0000%0.0000%-0.0009%-+0.0006%Short0.0000%0.0000%-0.0128%Long--0.0000%-------0.0000%------
RAM+0.0132%≈ +116% Annualized (APR)0.0000%-0.0000%0.0000%0.0000%0.0000%0.0000%-+0.0006%0.0000%-+0.0013%-+0.0013%-0.0013%Long-+0.0119%Short--0.0003%-0.0000%----------
MAR+0.0132%≈ +115% Annualized (APR)---0.0000%-0.0000%Long----+0.0132%Short--------------------
MU+0.0130%≈ +114% Annualized (APR)+0.0006%+0.0026%+0.0005%0.0000%+0.0006%+0.0013%-+0.0012%+0.0006%-+0.0013%+0.0007%0.0000%Long+0.0013%-+0.0044%+0.0017%+0.0002%+0.0021%+0.0006%+0.0013%+0.0032%---+0.0013%+0.0130%Short+0.0004%+0.0013%+0.0010%-
SKDD+0.0130%≈ +114% Annualized (APR)0.0000%-0.0000%0.0000%0.0000%-0.0117%Long0.0000%--0.0009%-0.0117%+0.0006%+0.0013%Short---0.0039%--0.0089%---0.0000%----------
GIGADEV+0.0128%≈ +112% Annualized (APR)0.0000%+0.0103%Short-0.0000%0.0000%----0.0002%-+0.0013%0.0000%-+0.0013%-0.0025%Long-+0.0017%-------0.0000%------
LLY+0.0125%≈ +110% Annualized (APR)0.0000%+0.0037%Short0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%+0.0003%-+0.0006%0.0000%0.0000%+0.0013%+0.0013%--0.0088%Long0.0000%0.0000%+0.0006%----0.0000%--+0.0006%---
OPENAI+0.0121%≈ +106% Annualized (APR)+0.0006%+0.0024%Short-0.0000%+0.0006%0.0000%+0.0006%0.0000%+0.0006%+0.0006%+0.0006%+0.0013%+0.0006%+0.0006%-+0.0006%-+0.0006%+0.0008%-0.0000%-0.0097%Long-+0.0006%-------

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