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
UNITREE +2,270% Annualized (APR)
Long Deepcoin · Short Hyperliquid HIP-3
Net (24h hold)
UNITREE +2,039% Annualized (APR)
Long Deepcoin · Short Hyperliquid HIP-3
Assets
60
29 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.
UNITREEGross ≈ +2,270% Annualized (APR)Long Deepcoin · Short Hyperliquid HIP-3Net (24h hold) +2,039% Annualized (APR) · break-even ≈ 2h 26mOrder-book age: 5m 17sEWZGross ≈ +1,511% Annualized (APR)Long Deepcoin · Short GRVTNet (24h hold) +1,251% Annualized (APR) · break-even ≈ 4h 7mOrder-book age: 5m 28sBWETGross ≈ +345% Annualized (APR)Long LBank · Short BitunixNet (24h hold) +186% Annualized (APR) · break-even ≈ 11h 2mOrder-book age: 5m 25sCRWVGross ≈ +178% Annualized (APR)Long Bitget · Short DeribitNet (24h hold) +78% Annualized (APR) · break-even ≈ 13h 28mOrder-book age: 5m 25s
Not executable or uneconomical (56)
  • KSTR · Long Deepcoin · Short GRVT · Gross ≈ +264% · Net (24h hold) -123%
  • KOSPI · Long Hyperliquid HIP-3 · Short Bitget · Gross ≈ +151% · Net (24h hold) -138%
  • COPPER · Long Kraken · Short Pacifica · Gross ≈ +266% · Net (24h hold) -149%
  • EBAY · Long XT.com · Short Hyperliquid HIP-3 · Gross ≈ +280% · Net (24h hold) -216%
  • MSTU · Long Bitget · Short LBank · Gross ≈ +316% · Net (24h hold) -227%
  • ZCSH · Long LBank · Short Binance · Gross ≈ +146% · Net (24h hold) -402%
  • PATH · Long Binance · Short BingX · Gross ≈ +152% · Net (24h hold) -448%
  • SHAZ · Long Hyperliquid HIP-3 · Short Deepcoin · Gross ≈ +160% · Net (24h hold) -621%
  • RUM · Long Bitunix · Short BingX · Gross ≈ +137% · Net (24h hold) -727%
  • SHEIN · Long Hyperliquid HIP-3 · Short OKX · Gross ≈ +129% · Net (24h hold) -1,324%
  • CIFR · Long Hyperliquid HIP-3 · Short BingX · Gross ≈ +134% · Net (24h hold) -1,525%
  • USDBRL · Long Gate.io · Short XT.com · Gross ≈ +2,168% · Beyond available depth

Showing 12 of 56

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
$UNITREE Structural53%111%20h–shorts pay 114% on gateioother leg: hyperliquid at +68%
$SKHYNIX Structural46%91%17h–longs pay 390% on blofinother leg: phemex at 0%
$CXMT Episodic36%82%7h3hlongs pay 186% on hyperliquidother leg: okx at 0%
$SAMSUNG Episodic30%61%12h–longs pay 158% on hyperliquidother leg: phemex at 0%
$EWZ Episodic29%72%2h–longs pay 131% on hyperliquidother leg: binance at +1%
$GOLD Episodic29%56%26h–longs pay 80% on krakenother leg: deribit at -71%
$SOXL Episodic27%66%8h–longs pay 121% on bitgetother leg: phemex at 0%
$HYUNDAI Episodic23%36%4h–longs pay 175% on hyperliquidother leg: binance at 0%
$KIOXIA Episodic23%26%4h–shorts pay 293% on hyperliquidother leg: bitget at 0%
$KORU Episodic23%51%6h–longs pay 201% on bitgetother leg: gateio at 0%
$ZHIPU Episodic23%51%5h–longs pay 158% on hyperliquidother leg: gateio at 0%
$MINIMAX Episodic19%34%5h–shorts pay 159% on hyperliquidother leg: gateio at 0%
$SKDD Episodic19%16%13h–shorts pay 211% on xtother leg: phemex at 0%
$NET Episodic18%34%3h–longs pay 239% on hyperliquidother leg: binance at +43%
$ZHONGJI Episodic18%35%5h–shorts pay 151% on binanceother leg: okx at 0%
$MSTR Episodic16%53%7h2hshorts pay 105% on bitgetother leg: kraken at +61%
$QQQ Episodic14%16%18h4hlongs pay 145% on deribitother leg: okx at 0%
$BE Episodic13%33%7h–longs pay 195% on bitgetother leg: gateio at 0%
$SNXX Episodic12%39%5h–shorts pay 206% on hyperliquidother leg: gateio at 0%
$BRENT Episodic11%37%5h–shorts pay 59% on bitgetother leg: xt at +51%

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 49s 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-3DeepcoinXT.comOKXBitgetLBankGate.ioBybitOurbitBingXMEXCBitunixKuCoinAsterExtendedDeribitGRVTPhemexHTXCrypto.com ExchangeBloFinPacificaKrakenHelix (Injective)VestOrderly NetworkParadexAevo
UNITREE+0.2591%≈ +2,270% Annualized (APR)-0.1868%-0.0560%Short-0.3151%Long-0.1885%-0.1250%-0.1681%-0.1868%-0.0878%-0.1722%-0.1882%--0.1882%-0.2165%--0.1553%-0.1882%-----------0.1008%--
USDBRL+0.2475%≈ +2,168% Annualized (APR)+0.0469%--+0.2500%Short-+0.0311%-+0.0025%Long--+0.0063%------------------
BOT+0.2292%≈ +2,008% Annualized (APR)-0.0872%-0.0028%--0.0872%-0.0671%0.0000%-0.0872%-0.0009%-0.0422%-0.0875%+0.0006%-0.0875%-0.0950%-0.0645%--0.0029%---+0.0013%Short-0.2280%Long--------
EWZ+0.1725%≈ +1,511% Annualized (APR)-0.0381%+0.0073%-0.1626%Long-0.0382%-0.0466%-0.1250%-0.0396%0.0000%0.0000%-+0.0006%-0.0386%-0.0516%-0.0463%-0.0465%+0.0074%-+0.0099%Short-0.0000%-0.0175%--------
XP+0.1275%≈ +1,117% Annualized (APR)------0.1250%Long-----0.0625%+0.0025%Short-----------------
TER+0.0700%≈ +613% Annualized (APR)0.0000%Long+0.0700%Short-0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%-+0.0006%0.0000%0.0000%0.0000%-+0.0005%----+0.0216%--------
SKDD+0.0567%≈ +497% Annualized (APR)-0.0177%---0.0295%-0.0204%0.0000%-0.0177%0.0000%-0.0160%-0.0177%+0.0006%Short-0.0205%-0.0181%-0.0113%----0.0000%--0.0561%Long--------
CXMT+0.0473%≈ +414% Annualized (APR)+0.0103%+0.0107%-+0.0103%+0.0055%+0.0082%+0.0104%+0.0045%+0.0127%+0.0103%-+0.0107%+0.0096%-0.0000%Long----0.0000%+0.0473%Short--------
BNC+0.0442%≈ +388% Annualized (APR)+0.0394%--+0.0399%-0.0000%Long--+0.0308%+0.0393%+0.0367%+0.0393%+0.0371%+0.0245%+0.0442%Short----+0.0278%---------
ZHIPU+0.0438%≈ +384% Annualized (APR)+0.0062%+0.0100%-+0.0063%+0.0049%0.0000%+0.0059%0.0000%+0.0023%+0.0061%-+0.0061%+0.0015%+0.0035%0.0000%Long-----+0.0438%Short------0.0037%-+0.0004%
HANMI+0.0429%≈ +376% Annualized (APR)+0.0174%--+0.0174%+0.0065%+0.0429%Short+0.0169%0.0000%Long+0.0182%+0.0172%+0.0373%+0.0172%+0.0145%+0.0216%---+0.0240%-0.0000%+0.0662%--------
NCLD+0.0410%≈ +360% Annualized (APR)--0.0404%Long------0.0000%-+0.0006%Short------------------
BWET+0.0393%≈ +345% Annualized (APR)+0.0369%--+0.0056%+0.0188%0.0000%-0.0003%Long0.0000%+0.0160%+0.0369%+0.0356%+0.0369%+0.0390%Short+0.0037%-----+0.0196%---------
MSTU+0.0361%≈ +316% Annualized (APR)+0.0269%--+0.0154%+0.0207%-0.0092%Long+0.0269%Short0.0000%+0.0144%+0.0268%+0.0248%+0.0268%+0.0252%0.0000%-------+0.0268%-------
XIAOMI+0.0351%≈ +307% Annualized (APR)--0.0351%Long--0.0000%0.0000%-0.0000%0.0000%0.0000%Short-0.0000%-0.0003%-0.0000%-----+0.0334%--------
CYPH+0.0349%≈ +306% Annualized (APR)+0.0135%--+0.0137%+0.0246%Short-0.0103%Long+0.0137%0.0000%+0.0142%+0.0136%+0.0237%+0.0136%+0.0144%+0.0079%----0.0000%+0.0009%+0.0019%+0.0134%-------
CAT+0.0343%≈ +300% Annualized (APR)+0.0046%--+0.0046%Short-0.0000%+0.0046%0.0000%0.0000%+0.0046%+0.0044%-0.0297%Long-------+0.0013%---------
MINIMAX+0.0327%≈ +287% Annualized (APR)+0.0061%+0.0025%-+0.0062%+0.0068%+0.0015%+0.0061%0.0000%+0.0065%+0.0061%-+0.0061%+0.0019%+0.0004%0.0000%Long+0.0061%-+0.0056%--+0.0327%Short-------+0.0013%
EBAY+0.0319%≈ +280% Annualized (APR)-0.0238%+0.0080%Short--0.0239%Long-0.0000%-0.0238%0.0000%-0.0220%-0.0238%+0.0006%-0.0238%-0.0237%--0.0055%-----0.0036%-0.0850%--------
SMCI+0.0306%≈ +268% Annualized (APR)+0.0066%+0.0039%-+0.0013%+0.0035%0.0000%Long+0.0066%0.0000%+0.0014%-+0.0059%+0.0065%+0.0060%0.0000%-+0.0065%-+0.0076%0.0000%-+0.0306%Short+0.0068%--+0.0028%----
COPPER+0.0303%≈ +266% Annualized (APR)0.0000%+0.0006%-0.0025%0.0000%0.0000%0.0000%0.0000%0.0000%-0.0000%-0.0000%+0.0004%0.0000%0.0000%+0.0004%-0.0000%-0.0000%+0.0064%-0.0004%+0.0013%Short-0.0291%Long-+0.0006%+0.0013%+0.0006%+0.0013%
SAMSUNGEM+0.0303%≈ +265% Annualized (APR)+0.0009%--+0.0009%-+0.0303%Short+0.0011%0.0000%+0.0068%+0.0010%+0.0271%+0.0010%+0.0030%+0.0069%---0.0000%Long-----------
KSTR+0.0301%≈ +264% Annualized (APR)+0.0255%+0.0148%-0.0021%Long+0.0255%+0.0190%0.0000%+0.0255%0.0000%+0.0115%+0.0256%+0.0237%+0.0256%+0.0250%0.0000%+0.0239%--+0.0280%Short-----------
TEM+0.0297%≈ +260% Annualized (APR)0.0000%Long-+0.0013%0.0000%0.0000%0.0000%0.0000%0.0000%+0.0050%0.0000%+0.0048%+0.0008%+0.0002%-----0.0000%-+0.0297%Short---+0.0004%----
ONDS+0.0295%≈ +259% Annualized (APR)0.0000%--+0.0013%0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%+0.0006%0.0000%-0.0002%Long0.0000%0.0000%--+0.0011%--+0.0294%Short----+0.0006%---
MELI+0.0293%≈ +257% Annualized (APR)--0.0287%Long----0.0232%-0.0232%0.0000%0.0000%-+0.0006%Short-0.0233%---+0.0005%-------------
AXTI+0.0291%≈ +255% Annualized (APR)0.0000%--0.0000%0.0000%-0.0047%Long0.0000%0.0000%+0.0012%-+0.0012%0.0000%-0.0007%0.0000%0.0000%0.0000%-+0.0046%-+0.0057%+0.0244%Short--------
NOK+0.0282%≈ +247% Annualized (APR)+0.0001%+0.0011%+0.0013%+0.0005%0.0000%0.0000%Long+0.0001%0.0000%+0.0025%+0.0001%+0.0002%+0.0001%+0.0001%0.0000%0.0000%+0.0001%-0.0000%0.0000%-+0.0282%Short----+0.0006%---
HYUNDAI+0.0274%≈ +240% Annualized (APR)0.0000%+0.0020%-+0.0025%0.0000%+0.0011%0.0000%0.0000%0.0000%0.0000%+0.0011%0.0000%-0.0013%Long0.0000%0.0000%--0.0000%0.0000%0.0000%+0.0262%Short--------
TSEM+0.0270%≈ +236% Annualized (APR)---+0.0005%0.0000%0.0000%+0.0013%0.0000%+0.0122%-+0.0122%+0.0123%Short---------0.0147%Long----+0.0006%---
KIOXIA+0.0253%≈ +222% Annualized (APR)-+0.0006%--0.0000%0.0000%Long0.0000%0.0000%--+0.0006%0.0000%-+0.0015%-+0.0006%----+0.0253%Short--------
MVLL+0.0243%≈ +213% Annualized (APR)+0.0105%--+0.0118%+0.0062%-0.0077%Long+0.0105%0.0000%+0.0166%Short-+0.0157%+0.0105%+0.0017%+0.0076%----0.0000%-------+0.0013%--
OKTA+0.0237%≈ +207% Annualized (APR)----0.0000%0.0000%0.0000%0.0000%-0.0230%Long-+0.0006%Short0.0000%-----------------
CSOPSK+0.0236%≈ +207% Annualized (APR)+0.0234%--+0.0236%Short+0.0150%-+0.0219%+0.0067%+0.0136%+0.0229%-+0.0229%-+0.0157%-----0.0000%Long+0.0802%+0.0223%-------
PLATINUM+0.0233%≈ +204% Annualized (APR)+0.0063%+0.0031%-+0.0065%+0.0070%+0.0091%+0.0060%+0.0068%-+0.0062%-+0.0062%+0.0037%+0.0029%+0.0075%+0.0237%Short-+0.0158%--+0.0097%+0.0067%+0.0013%-+0.0004%Long+0.0006%-+0.0076%+0.0013%
GIGADEV+0.0221%≈ +194% Annualized (APR)+0.0219%+0.0099%-+0.0220%---+0.0159%-+0.0221%Short-+0.0221%+0.0220%+0.0204%-----0.0000%Long---------
UVXY+0.0219%≈ +192% Annualized (APR)-0.0147%--0.0013%-0.0199%-0.0082%0.0000%-0.0147%0.0000%-0.0133%-0.0146%-0.0135%-0.0146%-0.0119%-0.0048%0.0000%---0.0170%0.0000%Short--0.0219%Long-0.0148%-------
IREN+0.0212%≈ +185% Annualized (APR)0.0000%Long+0.0006%-0.0000%0.0000%0.0000%-0.0000%0.0000%0.0000%+0.0006%0.0000%+0.0028%0.0000%0.0000%+0.0005%-0.0000%-0.0000%+0.0212%Short+0.0015%---+0.0006%---
CRWV+0.0204%≈ +178% Annualized (APR)0.0000%+0.0006%-+0.0013%0.0000%-0.0180%Long0.0000%0.0000%0.0000%0.0000%+0.0006%0.0000%+0.0003%0.0000%0.0000%0.0000%+0.0024%Short0.0000%-0.0000%+0.0043%0.0000%---0.0000%---
AMC+0.0194%≈ +170% Annualized (APR)-0.0141%--0.0013%-0.0144%-0.0181%Long0.0000%+0.0013%Short--0.0111%-0.0142%+0.0006%0.0000%-0.0161%-----0.0000%0.0000%-0.0709%---+0.0028%----
SHAZ+0.0183%≈ +160% Annualized (APR)0.0000%-0.0171%Long+0.0013%Short0.0000%-0.0031%-0.0040%0.0000%0.0000%-0.0003%--0.0041%0.0000%+0.0005%0.0000%-------0.0818%--------
ZM+0.0180%≈ +157% Annualized (APR)0.0000%-0.0006%-0.0013%+0.0013%Short0.0000%0.0000%0.0000%0.0000%0.0000%-+0.0006%0.0000%-0.0005%-0.0167%Long0.0000%-----+0.0091%--------
AKAM+0.0178%≈ +156% Annualized (APR)0.0000%--0.0013%Long+0.0013%-0.0000%+0.0166%Short0.0000%-0.0000%+0.0006%0.0000%+0.0007%------0.0000%---------
PATH+0.0174%≈ +152% Annualized (APR)-0.0168%Long---0.0074%-0.0000%-0.0167%0.0000%0.0000%-0.0168%+0.0006%Short-0.0168%-0.0063%-----0.0000%--0.0399%-0.0166%-------
LGELE+0.0174%≈ +152% Annualized (APR)-0.0046%---0.0076%0.0000%+0.0063%Short-0.0045%0.0000%0.0000%-0.0045%+0.0059%-0.0045%------0.0111%Long--+0.0289%--------
BRENT+0.0172%≈ +151% Annualized (APR)0.0000%-0.0001%-0.0032%0.0000%0.0000%-0.0036%Long--0.0009%-0.0028%0.0000%-0.0000%-0.0002%0.0000%---0.0002%0.0000%--0.0001%+0.0136%Short-0.0005%--0.0034%+0.0028%+0.0006%+0.0008%+0.0006%-
KOSPI+0.0172%≈ +151% Annualized (APR)-+0.0174%Long--+0.0235%+0.0347%Short+0.0235%--------+0.0175%-------------
DKNG+0.0170%≈ +149% Annualized (APR)0.0000%+0.0057%Short-0.0013%+0.0013%0.0000%0.0000%0.0000%0.0000%0.0000%-+0.0006%0.0000%+0.0004%-0.0113%Long0.0000%----0.0000%+0.0234%+0.0002%--+0.0004%----
ZCSH+0.0166%≈ +146% Annualized (APR)+0.0064%Short--+0.0047%--0.0076%-0.0103%Long0.0000%0.0000%+0.0063%-0.0075%-+0.0011%----------------
BYDCO+0.0163%≈ +142% Annualized (APR)+0.0013%--+0.0013%-0.0000%Long+0.0015%0.0000%+0.0001%+0.0014%--+0.0010%+0.0163%Short-----0.0000%---------
SOXS+0.0162%≈ +142% Annualized (APR)0.0000%--0.0013%+0.0013%0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%-0.0000%-0.0027%Long0.0000%--+0.0017%-0.0000%-+0.0135%Short0.0000%----+0.0013%--
RKLB+0.0159%≈ +139% Annualized (APR)0.0000%Long+0.0027%+0.0013%+0.0013%0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%+0.0006%0.0000%+0.0005%0.0000%0.0000%0.0000%-0.0000%0.0000%-+0.0159%Short+0.0015%--+0.0028%+0.0006%--+0.0013%
URNM+0.0157%≈ +137% Annualized (APR)+0.0111%+0.0006%+0.0013%+0.0112%+0.0108%0.0000%Long+0.0111%0.0000%0.0000%-+0.0106%+0.0111%+0.0041%0.0000%0.0000%--+0.0157%Short--+0.0671%+0.0105%+0.0013%------
RUM+0.0157%≈ +137% Annualized (APR)-0.0134%---0.0057%0.0000%0.0000%-0.0135%0.0000%0.0000%-0.0134%+0.0006%Short--0.0151%Long----------------
CIFR+0.0153%≈ +134% Annualized (APR)--0.0147%Long-----0.0000%0.0000%-+0.0006%Short0.0000%-------0.0000%---------
ARKK+0.0153%≈ +134% Annualized (APR)--------+0.0178%Short-+0.0164%+0.0025%Long-----------------
CGNX+0.0148%≈ +130% Annualized (APR)---0.0000%0.0000%0.0000%0.0000%0.0000%+0.0159%-+0.0148%Short--------0.0000%--0.0001%Long-------
SHEIN+0.0148%≈ +129% Annualized (APR)--0.0108%Long-0.0000%+0.0039%Short0.0000%0.0000%0.0000%0.0000%+0.0038%-0.0000%-0.0002%-------+0.0259%--------
WTI+0.0147%≈ +129% Annualized (APR)-0.0019%+0.0002%-0.0058%-0.0019%-0.0026%-0.0048%--0.0001%-0.0057%-0.0019%--0.0019%-0.0015%-0.0028%-0.0013%-0.0067%-0.0012%-0.0033%---0.0135%Long-0.0056%-0.0037%-+0.0004%+0.0006%+0.0013%Short-0.0009%-
TWST+0.0147%≈ +129% Annualized (APR)0.0000%-0.0135%Long-+0.0013%Short0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%+0.0006%0.0000%+0.0001%--------0.0271%-0.0001%-------

All →

ETF and index perps

ETF perpetual futures

All ETF perps compared →

Index perpetual futures

All index perps compared →