Live funding rate arbitrage across 6 exchanges

FundingGap compares perpetual futures funding rates on Binance, OKX, Bybit, Bitget, Gate and Hyperliquid, finds the best long/short pair for every coin, and ranks them by estimated net profit after trading fees and bid/ask spread.

Top opportunities right now

  1. Q: long Bybit / short Bitget, funding spread 186.5% APR, est. +$163 per $10k over 7 days after fees
  2. T: long Binance / short Bybit, funding spread 159.1% APR, est. +$140 per $10k over 7 days after fees
  3. INIT: long Hyperliquid / short Gate, funding spread 188.4% APR, est. +$137 per $10k over 7 days after fees
  4. CSOPSKHYNIX2L: long OKX / short Binance, funding spread 147.8% APR, est. +$129 per $10k over 7 days after fees
  5. DGAI: long Bybit / short Gate, funding spread 142.1% APR, est. +$122 per $10k over 7 days after fees
  6. BIRB: long Binance / short Gate, funding spread 126.8% APR, est. +$110 per $10k over 7 days after fees
  7. CT: long OKX / short Bitget, funding spread 126.7% APR, est. +$104 per $10k over 7 days after fees
  8. ANIME: long OKX / short Bybit, funding spread 116.3% APR, est. +$96 per $10k over 7 days after fees
  9. NIL: long Binance / short Hyperliquid, funding spread 121.7% APR, est. +$91 per $10k over 7 days after fees
  10. EVAA: long Gate / short Binance, funding spread 94.9% APR, est. +$78 per $10k over 7 days after fees
  11. IOST: long OKX / short Bybit, funding spread 92.8% APR, est. +$75 per $10k over 7 days after fees
  12. ARIA: long Bitget / short Bybit, funding spread 101.6% APR, est. +$72 per $10k over 7 days after fees
  13. DOS: long Bitget / short Binance, funding spread 77.3% APR, est. +$57 per $10k over 7 days after fees
  14. ZAMA: long Gate / short OKX, funding spread 68.8% APR, est. +$54 per $10k over 7 days after fees
  15. BERA: long OKX / short Bybit, funding spread 66.8% APR, est. +$47 per $10k over 7 days after fees
  16. JCT: long Bybit / short Gate, funding spread 63.5% APR, est. +$46 per $10k over 7 days after fees
  17. ORDER: long OKX / short Binance, funding spread 65.5% APR, est. +$45 per $10k over 7 days after fees
  18. CXMT: long OKX / short Bitget, funding spread 56.3% APR, est. +$41 per $10k over 7 days after fees
  19. AVA: long Binance / short Bybit, funding spread 59.4% APR, est. +$40 per $10k over 7 days after fees
  20. RAY: long OKX / short Bitget, funding spread 54.9% APR, est. +$38 per $10k over 7 days after fees

How it works

Go long on the exchange that pays the lower funding rate and short on the one that pays the higher rate. The price exposure cancels out and you collect the difference in funding. Rates are normalised to the same settlement interval, then annualised.

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