Understand funding
Funding is a periodic payment between long and short holders. Positive and negative rates show which side is paying on each venue.
CRYPTO ARBITRAGE SCANNER
Help Center
Education hub
Help Center
Practical articles for reading funding rows, checking exchange pairs, and using the scanner without turning the board into a tutorial.
Read this first
Where the yield comes from.
Funding arbitrage is not about guessing whether the coin goes up or down. The scanner looks for moments when two venues pay meaningfully different funding on the same asset, then helps you review whether a neutral setup is still worth checking.
Simple idea
Same asset. Two venues. Equal long and short exposure. The price direction
is mostly neutralized; the funding difference is what you inspect.
Venue A funding
+0.072%
Venue B funding
-0.010%
Funding gap
0.082%
On $10,000 notional, a 0.082% funding gap is about $8.20 gross for one funding cycle before fees, slippage, and exchange mechanics.
Learning path
Go from zero to reading the board in four steps.
Compare venues
The useful row is not “high funding” alone. It is a difference between venues on the same asset, with both contracts still fresh.
Check stability
A gap that survived multiple refreshes is more useful than a one-print spike. Look at persistence, no-flip time, and APR stability.
Review manually
Open both venue pages, compare contract details, fees, next funding time, liquidity, and only then decide what to do outside the product.
Before you use a row
Do not chase the biggest number blindly.
A good funding row is a combination of size, freshness, stability, and practical execution context. This is how to avoid treating one noisy print as a real market opportunity.
Spread: is the venue gap large enough to matter after costs?
APR: is the annualized view useful, or just a temporary spike?
Persistence: how many refresh cycles did this direction survive?
Freshness: are both exchanges still reporting recent data?
Funding period: when is the next funding payment expected?
History: did this pair behave like this before, or is it unusual?
Funding mechanics
Funding is the periodic payment between long and short holders in perpetual futures.