Crypto Funding Rate Arbitrage Scanner

Crypto Funding Rate Arbitrage Scanner — Cross-Exchange Carry Trade Analytics

Scan perpetual futures funding rates across Binance, Bybit, OKX, Gate.io, Bitget, and Hyperliquid and surface crypto funding rate arbitrage opportunities with 28+ computed fields — including net profit after fees, execution cost modeling, delta-neutral feasibility, and market regime classification. The most complete cross-exchange funding carry trade tool available. No API key required.

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What does Crypto Funding Rate Arbitrage Scanner do?

Crypto Funding Rate Arbitrage Scanner fetches live perpetual futures funding rates from six major exchanges simultaneously and computes every metric a systematic trader needs to evaluate a carry trade. For each token it identifies the best long and short exchange legs, calculates the annualized spread APR, models execution costs (maker fees plus slippage), and derives a net arb profit estimate — the real number after fees, not the headline rate. It also classifies each opportunity by risk tier (safe_carry, moderate, risky, avoid), assesses delta-neutral feasibility based on open interest constraints, and applies a market regime label (carry_favorable, neutral, carry_unfavorable) using 30-day historical z-scores. The result is a ranked, actionable dataset that tells you exactly where to put on a crypto funding rate arbitrage trade — and where not to.

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Why use Crypto Funding Rate Arbitrage Scanner?

Most funding rate tools give raw numbers and a spread APR. This Actor goes further to answer the question quants actually ask: Is this trade worth executing after all costs?

Feature	Other tools	This Actor
Raw funding rates	Yes	Yes
Annualized spread APR	Yes	Yes
Net profit after fees	No	Yes — net_arb_profit_estimate
Execution cost modeling	No	Yes — exchange-specific fee models
Delta-neutral feasibility	No	Yes — OI-constrained position sizing
Market regime classification	No	Yes — market_regime_fit
Risk tier per opportunity	No	Yes — arb_risk_tier
Composite opportunity score	Basic	Yes — arb_opportunity_score (0–100)
Portfolio-level summary	No	Yes — top 10 by net yield + environment
Historical z-score	No	Yes — carry_vs_historical_z
Hyperliquid (1h interval)	Rare	Yes — normalized to hourly

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How to use Crypto Funding Rate Arbitrage Scanner

1. Click Try for free on the Apify Store listing.
2. Run with defaults to scan the top 10 tokens across all 6 exchanges — results arrive in under 60 seconds.
3. To expand coverage, add symbols to the symbols array (BTC, ETH, SOL, etc.).
4. Use the output's arb_risk_tier and net_arb_profit_estimate fields to filter for viable trades.
5. For systematic monitoring, click Schedule and run every 4 hours to catch rate spikes.

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Input

Field	Type	Default	Description
symbols	string[]	Top 10 tokens	Token symbols to scan: BTC, ETH, SOL, BNB, XRP, etc.
exchanges	string[]	All 6	Include or exclude specific exchanges
minSpreadApr	number	5	Minimum annualized spread % to include in results
outputMode	string	summary	summary = one row per token; full = one row per token per exchange
fetchHistory	boolean	true	Fetch 30-day Binance history to compute z-scores and momentum

Example — Scan top 20 tokens, minimum 10% spread APR:

{
  "symbols": ["BTC", "ETH", "SOL", "BNB", "XRP", "DOGE", "PEPE", "WIF", "JUP", "TIA",
              "AVAX", "ARB", "OP", "INJ", "SUI", "APT", "NEAR", "FTM", "LINK", "UNI"],
  "minSpreadApr": 10
}

Example — Focus on Tier-1 exchanges only:

{"exchanges": ["binance", "bybit", "okx"], "minSpreadApr": 5}

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Output

Each record represents one token with all computed cross-exchange funding analytics:

{
  "symbol": "SOL",
  "max_spread_apr_pct": 24.6,
  "arb_opportunity_score": 78,
  "arb_risk_tier": "safe_carry",
  "carry_trade_annualized_pct": 21.3,
  "execution_cost_estimate": 26.0,
  "net_arb_profit_estimate": 20.9,
  "cross_exchange_rate_gap": 29.8,
  "delta_neutral_feasibility": "ideal",
  "market_regime_fit": "carry_favorable",
  "best_long_exchange": "hyperliquid",
  "best_short_exchange": "bitget",
  "long_rate_apr_pct": -5.2,
  "short_rate_apr_pct": 19.4,
  "rates_per_exchange": {
    "binance": 12.1, "bybit": 14.8, "okx": 17.2,
    "gateio": 8.3, "bitget": 19.4, "hyperliquid": -5.2
  },
  "implied_daily_profit_usd_100k": 67.4,
  "funding_rate_momentum": "bullish",
  "carry_vs_historical_z": 1.2,
  "exchange_count_available": 6
}

A portfolio-level SUMMARY record is written to the key-value store with the top 10 opportunities by net yield and a market_carry_environment rating (exceptional, good, normal, or poor).

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Data fields — All 28+ computed fields

Field	Description
arb_opportunity_score	0–100 composite quality score (spread magnitude 60%, venue liquidity 20%, exchange count 20%)
carry_trade_annualized_pct	Raw annualized carry yield from the short leg — the ceiling before costs
execution_cost_estimate	Round-trip cost in basis points using exchange-specific maker fee and slippage models
net_arb_profit_estimate	The number that matters. Carry yield minus execution costs annualized. Negative = not worth trading.
arb_risk_tier	safe_carry (Tier-1 legs, net ≥ 5%), moderate, risky, or avoid
cross_exchange_rate_gap	Annualized APR gap between highest and lowest rate exchange for this token
delta_neutral_feasibility	ideal (OI ≥ $2M, Tier-1), feasible, difficult, or impractical
market_regime_fit	carry_favorable, neutral, or carry_unfavorable based on historical z-score analysis
max_spread_apr_pct	Best-case annualized spread % between the optimal long and short exchange legs
best_long_exchange	Exchange to place the long leg for maximum carry
best_short_exchange	Exchange to place the short leg to receive maximum perpetual futures funding
long_rate_apr_pct	Long leg annualized funding rate
short_rate_apr_pct	Short leg annualized funding rate — this is what you receive
arb_efficiency_score	Risk-adjusted carry quality 0–100
basis_risk_score	0–100 score for funding flip risk. Higher = greater reversal danger.
break_even_hours	Hours of carry needed to cover all fees
net_apr_after_fees_pct	Spread APR minus annualized fee cost
major_only_arb	True if both legs are on Tier-1 exchanges (Binance, Bybit, OKX)
max_position_size_usd	Conservative OI-based position ceiling
implied_daily_profit_usd_100k	Daily P&L in USD on a $100K notional position
historical_avg_funding_rate_apr_pct	30-day average APR from Binance history
funding_rate_momentum	bullish, bearish, or neutral vs 30-day average
carry_vs_historical_z	Z-score of current carry vs 30-day mean. Values above 2 signal mean-reversion risk.
funding_rate_z_score	Z-score of short-leg rate vs its own 30-day history
rate_dispersion	Standard deviation of rates across exchanges — higher = more fragmentation
exchange_count_available	Number of exchanges returning data for this token
negative_funding_pct	Percentage of exchanges with negative funding rate
rates_per_exchange	Dictionary of annualized APR per exchange

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Exchanges covered

Exchange	Symbol format	Funding interval
Binance USDM Futures	BTCUSDT	8h
Bybit Linear	BTCUSDT	8h
OKX SWAP	BTC-USDT-SWAP	8h
Gate.io USDT Futures	BTC_USDT	8h
Bitget USDT Futures	BTCUSDT	8h
Hyperliquid	BTC	1h (normalized to 8h equivalent)

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Cost estimation

Pricing is Pay-Per-Event at $0.003 per token scanned.

Use case	Tokens	Cost per run	Monthly cost (6 runs/day)
Top 10 tokens (default)	10	$0.03	$5.40
Top 20 tokens	20	$0.06	$10.80
Top 50 tokens	50	$0.15	$27.00

Scanning the top 10 tokens every 4 hours costs $5.40/month. A single successful crypto funding rate arbitrage trade recovers that in minutes.

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FAQ

What is funding rate arbitrage and how does it work? When a token's funding rate is positive on Exchange A (+0.05%/8h) but negative on Exchange B (−0.01%/8h), you go short on A to receive the positive rate and long on B to pay the lower or negative rate. The resulting delta-neutral position earns the ~0.06%/8h spread — roughly 26% APR gross — with no directional crypto exposure. This Actor computes the real net arb profit after modeling your actual execution costs so you know the trade is worth doing before committing capital.

How do I know if a trade is safe to put on? Filter by arb_risk_tier = "safe_carry" and delta_neutral_feasibility = "ideal" for the highest-confidence setups. Additionally check carry_vs_historical_z — values above 2 indicate the spread is unusually wide and mean-reversion risk is elevated. basis_risk_score < 30 gives extra confidence that funding will not flip before you break even.

Does this Actor execute trades? No. This Actor is a data and analytics tool only. It surfaces cross-exchange funding opportunities with precise net profit estimates. Your own execution layer — manual or automated — places the actual trades.

Disclaimer: This crypto funding rate arbitrage scanner provides quantitative analytics for informational purposes only. It does not constitute financial advice or a recommendation to trade. Funding rate strategies carry basis risk, liquidation risk, exchange counterparty risk, and execution risk. The net_arb_profit_estimate field models costs from public fee schedules and may not reflect your actual VIP tier or market conditions at time of execution. Always verify rates independently before committing capital.

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Related Actors

• Long/Short + OI Aggregator — Market positioning context that explains why funding rates diverge.
• Hyperliquid Whale Tracker — Monitor large positions on Hyperliquid that move its funding rate.
• CEX Funding Rate Aggregator — Broader funding rate coverage across more CEX venues.
• DeFi Yield Scanner — Compare carry trade yields against on-chain DeFi alternatives.

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