Funding history

Cross-quote funding chart

Historical funding series for the selected USD-style quote pair are loaded from the backend API and filtered locally by period.

calculateCalculator — funding you collect

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Position inputs

Live

Lower → Long · Higher → Short

Leg A

Leg B

📈 Long

--

Notional$0

--

📉 Short

--

Notional$0

--

PnL 7D

$0.00

both legs, funding only

ROI 7D

0.00%

RiskLOW

Quote A Funding (7D)

--%

Cumulative rate

Quote B Funding (7D)

--%

Cumulative rate

Spread (7D)

--%

Absolute difference

Direction

--

Long / Short

Fetching market data...

CoinCryptoRankCoinCryptoRank

historyRecent history

Quote A / Quote Bexpand_more
Time (UTC)Quote A (%)Quote B (%)Differential (%)
No funding history loaded yet
①

What is Cross-Perpetual Arbitrage?

STEP 1 OF 6

The same crypto asset (e.g. BTC) can trade on different exchanges with different quote currencies: BTC/USDT on Binance and BTC/USDC on Bybit. Each perpetual contract has its own funding rate.

Cross-perpetual arbitrage means simultaneously going LONG on the contract with LOWER funding and SHORT on the contract with HIGHER funding. The price risk is hedged — profit comes purely from the funding rate difference.

②

When to Long, When to Short?

STEP 2 OF 6

📈 Long = the contract with LOWER cumulative funding

You buy (long) the perpetual whose funding rate sums to less over the period. If the rate is negative — you get paid to hold.

📉 Short = the contract with HIGHER cumulative funding

You sell (short) the perpetual whose funding rate sums to more over the period. If positive — shorts pay longs, so as a short you receive funding.

💡 Principle

Sum each quote's cumulative funding rate over the selected period. Lower sum → Long there. Higher sum → Short there. The difference = your potential spread.

③

Multi-Margin (Cross Margin)

STEP 3 OF 6

⚠️ IMPORTANT!

To execute this strategy, you MUST enable MULTI-MARGIN (Cross Margin) on your exchange. Isolated margin will NOT allow holding two opposing perpetual positions simultaneously.

  • Binance: Settings → Margin → Enable Multi-Assets Mode
  • Bybit: Account Settings → Cross Margin
  • OKX: Multi-Currency Margin Mode
④

Missed Profit Estimate

STEP 4 OF 6

Below the chart we show how much you could have earned if you had opened the position at the start of the selected period:

  • $

    Daily income (hypothetical)

    Spread × position size × funding periods per day

  • 📆

    Monthly income (hypothetical)

    Daily × 30

  • 📈

    Yearly income (hypothetical)

    Daily × 365. Without compounding.

⑤

Strategy Example

STEP 5 OF 6

Data (7 days):

  • BTC/USDT (Binance) → Funding: +0.004% (lower)
  • BTC/USDC (Bybit) → Funding: +0.012% (higher)
  • Spread: 0.008% × 3 periods/day = 0.024%/day
  • With $10,000 capital → $2.40/day → ~$72/month → ~$876/year

🎯 Result

Long BTC/USDT (low funding), Short BTC/USDC (high funding). BTC price can go anywhere — the positions hedge each other. You earn purely from the funding rate difference.

⑥

Risks & Disclaimers

STEP 6 OF 6

  • ⚠️Funding rates change — the strategy does not guarantee fixed returns.
  • ⚠️Leverage affects liquidation risk. Use moderate leverage.
  • ⚠️Exchange fees (maker/taker) reduce net profit. Account for them.
  • ⚠️Data on this page is analytical, not investment advice.

Always verify data and use risk management.

⚡ Funding spread shifts

Funding Spread Shifts

Pairs where the funding spread between two USD-style contracts was normal and then jumped cardinally — the best moment cross-perpetual arbitrage opportunities.

#ExchangeAssetQuote PairCurrentBaselineRatioStartedDirection
Scanning funding history…

Current = median spread of the last 1–3 funding periods; baseline = typical spread of the calm phase. Green dot = live now.