Volume Monitor
Live crypto data · Binance · Bybit · Hyperliquid
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Funding rate arbitrage, live

The same coin often pays different funding on different exchanges. This scanner lists the widest live funding rate spreads between Binance, Bybit and Hyperliquid: go long where funding is lower and short where it is higher, so the price exposure roughly cancels while you collect the difference. Spreads are shown per 8 hours and annualised (APR). Check both legs' liquidity and fees, and remember funding can change every interval: this is not risk-free and not financial advice.

873 coins with perpetualsFunding normalised to 8hServer history: started 23m ago

Widest spread ≥ $1M vol
—
per 8h · APR
Spreads ≥ 0.05% / 8h
77 coins
≈ 55%+ APR before fees≥ $1M 24h volume
Spreads ≥ 0.1% / 8h
32 coins
≈ 110%+ APR before fees≥ $1M 24h volume
BTC funding spread
0.0055%
≈ 6.0% APRhighest − lowest market

Accounts you'll need

Each spread has two legs, usually on two different exchanges, so you need a funded account on both before you can take it.

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Funding spreads: long the low leg, short the high leg

Coin Spread / 8h APR Long leg · lower funding Short leg · higher funding Trade
Funding OI Vol 24h Funding OI Vol 24h
SAGA 0.7418% 812.3% Bybit -1.0943% $3.24M $11.52M HL -0.3526% $1.28M $2.22M Long Bybit ↗sign up Short HL ↗sign up
2Z 0.6514% 713.3% Bybit -0.6545% $3.41M $24.05M HL -0.0031% $3.31M $3.72M Long Bybit ↗sign up Short HL ↗sign up
LSK 0.4331% 474.2% Bybit -1.0092% $6.19M $12.74M Binance -0.5761% $14.72M $65.17M Long Bybit ↗sign up Short Binance ↗
EDEN 0.2919% 319.6% Binance 0.0100% $3.26M $3.30M Bybit 0.3019% $1.63M $423K Long Binance ↗ Short Bybit ↗sign up
SIREN 0.3768% 412.6% Binance 0.1311% $8.32M $1.67M Bybit 0.5078% $1.77M $497K Long Binance ↗ Short Bybit ↗sign up
FIGHT 0.2624% 287.4% Binance 0.0275% $4.22M $1.63M Bybit 0.2899% $1.98M $275K Long Binance ↗ Short Bybit ↗sign up
BLUAI 0.2275% 249.2% Binance 0.0100% $5.54M $985K Bybit 0.2375% $1.34M $213K Long Binance ↗ Short Bybit ↗sign up
RARE 0.1019% 111.6% Bybit -0.3806% $3.03M $61.67M Binance -0.2787% $6.50M $299.29M Long Bybit ↗sign up Short Binance ↗
SOON 0.1274% 139.5% Bybit 0.0100% $6.41M $30.37M Binance 0.1374% $15.29M $124.30M Long Bybit ↗sign up Short Binance ↗
GRASS 0.1226% 134.2% Bybit 0.0100% $33.33M $19.74M HL 0.1326% $30.86M $7.22M Long Bybit ↗sign up Short HL ↗sign up
KITE 0.1033% 113.1% Binance 0.0214% $25.74M $16.80M Bybit 0.1246% $2.46M $5.70M Long Binance ↗ Short Bybit ↗sign up
ESP 0.1437% 157.4% Binance -0.1337% $2.79M $15.65M Bybit 0.0100% $1.15M $2.78M Long Binance ↗ Short Bybit ↗sign up
BILL 0.1334% 146.1% Binance 0.0100% $2.99M $9.47M Bybit 0.1434% $1.97M $1.64M Long Binance ↗ Short Bybit ↗sign up
T 0.1847% 202.2% Binance -0.2713% $2.71M $10.45M Bybit -0.0866% $1.44M $1.65M Long Binance ↗ Short Bybit ↗sign up
STEEM 0.1195% 130.8% Binance -0.1095% $2.04M $5.99M Bybit 0.0100% $1.23M $1.02M Long Binance ↗ Short Bybit ↗sign up
INX 0.1420% 155.5% Bybit 0.0100% $1.17M $1.16M Binance 0.1520% $2.95M $6.63M Long Bybit ↗sign up Short Binance ↗
BANK 0.1401% 153.4% Binance 0.0100% $6.50M $5.04M Bybit 0.1501% $2.78M $989K Long Binance ↗ Short Bybit ↗sign up
MOODENG 0.1180% 129.2% Binance 0.0460% $2.95M $4.19M Bybit 0.1640% $1.78M $1.87M Long Binance ↗ Short Bybit ↗sign up
BLESS 0.1618% 177.2% Binance 0.0100% $4.57M $3.94M Bybit 0.1718% $2.44M $627K Long Binance ↗ Short Bybit ↗sign up
EVAA 0.1142% 125.1% Binance 0.0100% $5.21M $3.66M Bybit 0.1242% $2.14M $486K Long Binance ↗ Short Bybit ↗sign up
B2 0.1339% 146.7% Binance 0.0942% $8.74M $2.43M Bybit 0.2281% $1.61M $677K Long Binance ↗ Short Bybit ↗sign up
TAC 0.1428% 156.4% Binance 0.0879% $2.92M $2.13M Bybit 0.2307% $1.05M $333K Long Binance ↗ Short Bybit ↗sign up
LIGHT 0.1607% 176.0% Bybit 0.0100% $2.14M $472K Binance 0.1707% $4.21M $1.94M Long Bybit ↗sign up Short Binance ↗
GRVT 0.1528% 167.3% Binance 0.0635% $5.73M $1.81M Bybit 0.2163% $3.67M $512K Long Binance ↗ Short Bybit ↗sign up
FLUID 0.1257% 137.7% Binance 0.0100% $1.15M $764K Bybit 0.1357% $1.38M $148K Long Binance ↗ Short Bybit ↗sign up
Q 0.0977% 106.9% Bybit 0.1111% $6.15M $71.35M Binance 0.2088% $26.63M $432.52M Long Bybit ↗sign up Short Binance ↗
GRAM 0.0554% 60.7% Bybit 0.0100% $42.19M $35.03M HL 0.0654% $59.25M $28.18M Long Bybit ↗sign up Short HL ↗sign up
PUMP 0.0588% 64.4% Binance 0.0100% $84.24M $118.15M HL 0.0688% $181.54M $44.19M Long Binance ↗ Short HL ↗sign up
RUNE 0.0590% 64.6% Bybit -0.0490% $4.72M $12.83M Binance 0.0100% $8.01M $77.51M Long Bybit ↗sign up Short Binance ↗
BTW 0.0632% 69.2% Binance 0.0323% $138.82M $130.64M Bybit 0.0954% $28.29M $28.57M Long Binance ↗ Short Bybit ↗sign up
US 0.0545% 59.7% Bybit 0.0100% $10.55M $21.61M Binance 0.0645% $23.23M $110.92M Long Bybit ↗sign up Short Binance ↗
PENGU 0.0577% 63.1% Binance 0.0100% $39.87M $73.18M HL 0.0677% $21.19M $4.19M Long Binance ↗ Short HL ↗sign up
INJ 0.0643% 70.4% Binance -0.0543% $34.45M $60.73M Bybit 0.0100% $23.00M $19.06M Long Binance ↗ Short Bybit ↗sign up
PONS 0.0573% 62.8% HL 0.0153% $64.92M $14.77M Bybit 0.0726% $17.65M $21.15M Long HL ↗sign up Short Bybit ↗sign up
ZRO 0.0794% 86.9% Bybit -0.0272% $28.77M $18.91M HL 0.0522% $61.36M $9.47M Long Bybit ↗sign up Short HL ↗sign up
W 0.0643% 70.4% Binance -0.0543% $6.43M $47.30M Bybit 0.0100% $5.76M $12.88M Long Binance ↗ Short Bybit ↗sign up
TRX 0.0644% 70.5% HL -0.0792% $13.25M $3.23M Bybit -0.0149% $52.12M $8.39M Long HL ↗sign up Short Bybit ↗sign up
VIRTUAL 0.0512% 56.1% Bybit 0.0100% $20.79M $16.24M HL 0.0612% $12.93M $2.73M Long Bybit ↗sign up Short HL ↗sign up
USELESS 0.0852% 93.3% Bybit 0.0100% $26.54M $14.79M HL 0.0952% $14.15M $6.37M Long Bybit ↗sign up Short HL ↗sign up
FARTCOIN 0.0909% 99.5% Binance 0.0100% $17.84M $25.51M Bybit 0.1009% $27.84M $16.62M Long Binance ↗ Short Bybit ↗sign up
KMNO 0.0528% 57.9% Binance -0.0428% $4.38M $39.35M Bybit 0.0100% $2.06M $6.12M Long Binance ↗ Short Bybit ↗sign up
VVV 0.0535% 58.6% Bybit 0.0100% $33.69M $12.03M HL 0.0635% $67.60M $7.92M Long Bybit ↗sign up Short HL ↗sign up
PENDLE 0.0509% 55.7% Bybit -0.0122% $14.41M $4.88M HL 0.0386% $15.41M $2.81M Long Bybit ↗sign up Short HL ↗sign up
AR 0.0664% 72.7% Binance 0.0100% $10.81M $19.24M HL 0.0764% $8.00M $1.76M Long Binance ↗ Short HL ↗sign up
COW 0.0939% 102.8% Binance -0.1327% $2.78M $18.83M Bybit -0.0388% $1.48M $5.39M Long Binance ↗ Short Bybit ↗sign up
MORPHO 0.0682% 74.7% Binance 0.0100% $17.23M $13.59M HL 0.0782% $7.60M $1.40M Long Binance ↗ Short HL ↗sign up
MNT 0.0543% 59.5% Bybit 0.0070% $48.26M $10.53M HL 0.0614% $7.64M $391K Long Bybit ↗sign up Short HL ↗sign up
CASHCAT 0.0547% 59.9% HL 0.0100% $45.75M $6.13M Bybit 0.0647% $16.22M $8.00M Long HL ↗sign up Short Bybit ↗sign up
XAI 0.0672% 73.6% Binance -0.0572% $3.90M $9.01M Bybit 0.0100% $1.92M $1.96M Long Binance ↗ Short Bybit ↗sign up
TUT 0.0999% 109.4% Binance 0.0100% $6.81M $8.46M Bybit 0.1099% $1.62M $788K Long Binance ↗ Short Bybit ↗sign up
H 0.0843% 92.3% Bybit 0.0101% $8.19M $4.58M Binance 0.0944% $13.80M $7.36M Long Bybit ↗sign up Short Binance ↗
MSTR 0.0734% 80.3% Bybit 0.0211% $15.71M $7.69M HL HIP-3 0.0944% $57.30M $2.69M Long Bybit ↗sign up Short HL ↗sign up
CRCL 0.0585% 64.1% Bybit 0.0000% $15.92M $3.06M HL HIP-3 0.0585% $109.81M $6.58M Long Bybit ↗sign up Short HL ↗sign up
BB 0.0521% 57.0% HL HIP-3 -0.0421% $13.20M $737K Binance 0.0100% $3.69M $6.29M Long HL ↗sign up Short Binance ↗
GRT 0.0545% 59.7% Bybit -0.0459% $3.65M $2.68M Binance 0.0086% $4.19M $5.14M Long Bybit ↗sign up Short Binance ↗
PIEVERSE 0.0756% 82.8% Binance 0.0155% $18.73M $6.22M Bybit 0.0911% $9.40M $2.27M Long Binance ↗ Short Bybit ↗sign up
CFX 0.0902% 98.7% Binance 0.0100% $6.08M $5.52M HL 0.1002% $3.64M $381K Long Binance ↗ Short HL ↗sign up
REZ 0.0717% 78.5% Binance 0.0100% $5.32M $5.86M HL 0.0817% $1.75M $211K Long Binance ↗ Short HL ↗sign up
CAP 0.0505% 55.3% Binance 0.0220% $9.52M $3.97M Bybit 0.0725% $3.70M $1.75M Long Binance ↗ Short Bybit ↗sign up
STABLE 0.0830% 90.9% Binance 0.0100% $3.41M $2.98M Bybit 0.0930% $1.40M $862K Long Binance ↗ Short Bybit ↗sign up
CYS 0.0542% 59.3% Bybit 0.0159% $1.62M $516K Binance 0.0701% $4.15M $2.88M Long Bybit ↗sign up Short Binance ↗
STBL 0.0749% 82.0% HL 0.0100% $2.27M $565K Bybit 0.0849% $1.50M $474K Long HL ↗sign up Short Bybit ↗sign up
OPEN 0.0951% 104.2% Binance 0.0100% $7.23M $2.00M Bybit 0.1051% $1.58M $357K Long Binance ↗ Short Bybit ↗sign up
ALCH 0.0735% 80.5% Bybit 0.0100% $3.19M $638K Binance 0.0835% $6.36M $1.85M Long Bybit ↗sign up Short Binance ↗
M 0.0652% 71.3% Binance 0.0733% $4.86M $777K Bybit 0.1385% $3.79M $346K Long Binance ↗ Short Bybit ↗sign up
BMNR 0.0834% 91.3% Bybit 0.0000% $3.58M $511K HL HIP-3 0.0834% $3.45M $65K Long Bybit ↗sign up Short HL ↗sign up
QNT 0.0200% 21.9% HL HIP-3 -0.0100% $1.44M $533K Binance 0.0100% $32.14M $1.12B Long HL ↗sign up Short Binance ↗
WLD 0.0400% 43.8% Binance 0.0100% $146.90M $585.65M HL 0.0500% $99.20M $79.18M Long Binance ↗ Short HL ↗sign up
HYPE 0.0212% 23.2% Binance -0.0112% $401.81M $367.52M HL 0.0100% $1.95B $212.21M Long Binance ↗ Short HL ↗sign up
DOGE 0.0361% 39.6% Binance 0.0100% $299.82M $396.96M HL 0.0461% $126.28M $14.24M Long Binance ↗ Short HL ↗sign up
ENA 0.0338% 37.1% Binance 0.0100% $161.87M $316.02M HL 0.0438% $172.42M $63.88M Long Binance ↗ Short HL ↗sign up
TAO 0.0274% 30.0% Binance 0.0100% $107.14M $363.37M HL 0.0374% $111.33M $44.20M Long Binance ↗ Short HL ↗sign up
DASH 0.0349% 38.2% Binance 0.0100% $34.29M $201.91M HL 0.0449% $5.41M $11.84M Long Binance ↗ Short HL ↗sign up
XPL 0.0256% 28.1% Binance 0.0100% $60.11M $103.10M HL 0.0356% $115.06M $44.98M Long Binance ↗ Short HL ↗sign up
BR 0.0340% 37.2% Binance -0.0240% $22.95M $97.83M Bybit 0.0100% $7.17M $11.92M Long Binance ↗ Short Bybit ↗sign up
XLM 0.0325% 35.6% Binance 0.0100% $54.36M $67.51M HL 0.0425% $15.95M $2.61M Long Binance ↗ Short HL ↗sign up
SEI 0.0278% 30.4% Bybit -0.0178% $18.63M $14.53M Binance 0.0100% $19.36M $47.83M Long Bybit ↗sign up Short Binance ↗
ICP 0.0364% 39.9% Bybit -0.0264% $20.17M $13.00M HL 0.0100% $5.09M $3.01M Long Bybit ↗sign up Short HL ↗sign up
JTO 0.0472% 51.7% Bybit -0.0372% $9.55M $14.09M Binance 0.0100% $15.45M $46.62M Long Bybit ↗sign up Short Binance ↗
ARK 0.0218% 23.9% Binance 0.0100% $9.04M $53.13M Bybit 0.0318% $3.21M $17.60M Long Binance ↗ Short Bybit ↗sign up
HBAR 0.0223% 24.4% Binance 0.0100% $32.84M $35.06M HL 0.0323% $8.32M $935K Long Binance ↗ Short HL ↗sign up
AKE 0.0231% 25.3% Binance 0.0100% $17.31M $46.49M Bybit 0.0331% $9.83M $17.55M Long Binance ↗ Short Bybit ↗sign up
RENDER 0.0330% 36.1% Bybit -0.0230% $12.70M $9.00M HL 0.0100% $4.20M $1.23M Long Bybit ↗sign up Short HL ↗sign up
ORDI 0.0216% 23.6% Bybit -0.0116% $3.98M $5.14M Binance 0.0100% $10.25M $35.38M Long Bybit ↗sign up Short Binance ↗
ACE 0.0202% 22.1% Binance 0.0135% $7.92M $32.80M Bybit 0.0337% $2.50M $5.31M Long Binance ↗ Short Bybit ↗sign up
LDO 0.0260% 28.5% Binance 0.0032% $19.90M $28.34M HL 0.0293% $19.08M $2.82M Long Binance ↗ Short HL ↗sign up
EIGEN 0.0353% 38.6% Bybit -0.0145% $10.60M $7.25M HL 0.0207% $5.85M $1.69M Long Bybit ↗sign up Short HL ↗sign up
WIF 0.0487% 53.4% Binance 0.0100% $18.10M $21.02M HL 0.0587% $8.93M $1.07M Long Binance ↗ Short HL ↗sign up
LYN 0.0445% 48.7% Binance 0.0736% $6.54M $24.72M Bybit 0.1181% $1.84M $5.86M Long Binance ↗ Short Bybit ↗sign up
EDGE 0.0393% 43.1% Bybit 0.0100% $7.86M $6.35M Binance 0.0493% $11.29M $13.34M Long Bybit ↗sign up Short Binance ↗
ARX 0.0260% 28.4% Bybit 0.0367% $5.08M $3.14M Binance 0.0627% $7.30M $12.42M Long Bybit ↗sign up Short Binance ↗
JELLYJELLY 0.0442% 48.4% Binance 0.0424% $4.68M $13.02M Bybit 0.0866% $2.54M $5.23M Long Binance ↗ Short Bybit ↗sign up
SPX 0.0434% 47.5% Bybit 0.0100% $12.07M $3.99M HL 0.0534% $8.78M $1.94M Long Bybit ↗sign up Short HL ↗sign up
SYRUP 0.0241% 26.4% Binance -0.0106% $8.27M $8.35M HL 0.0135% $8.56M $1.97M Long Binance ↗ Short HL ↗sign up
IOST 0.0255% 27.9% Bybit -0.0264% $1.51M $827K Binance -0.0008% $4.73M $12.29M Long Bybit ↗sign up Short Binance ↗
MMT 0.0378% 41.4% Bybit -0.0278% $2.15M $1.91M Binance 0.0100% $6.49M $10.56M Long Bybit ↗sign up Short Binance ↗
FLOCK 0.0237% 25.9% Binance -0.1074% $4.26M $7.11M Bybit -0.0837% $3.21M $3.14M Long Binance ↗ Short Bybit ↗sign up
BABA 0.0254% 27.8% Bybit 0.0000% $2.42M $11.80M HL HIP-3 0.0254% $12.86M $294K Long Bybit ↗sign up Short HL ↗sign up
RIVER 0.0497% 54.5% Bybit 0.0126% $4.33M $1.46M Binance 0.0624% $6.38M $8.92M Long Bybit ↗sign up Short Binance ↗
SUSHI 0.0304% 33.3% Bybit -0.0204% $2.95M $2.46M Binance 0.0100% $4.36M $6.20M Long Bybit ↗sign up Short Binance ↗
ENS 0.0231% 25.3% Binance 0.0100% $5.96M $6.10M HL 0.0331% $3.43M $119K Long Binance ↗ Short HL ↗sign up
BIO 0.0229% 25.1% Binance 0.0100% $8.05M $5.24M HL 0.0329% $1.59M $298K Long Binance ↗ Short HL ↗sign up
APE 0.0378% 41.4% Binance 0.0100% $5.37M $5.52M HL 0.0478% $2.05M $406K Long Binance ↗ Short HL ↗sign up
PEOPLE 0.0243% 26.6% Bybit -0.0143% $1.56M $1.11M Binance 0.0100% $5.05M $5.32M Long Bybit ↗sign up Short Binance ↗
RESOLV 0.0378% 41.4% Binance 0.0100% $2.42M $3.22M HL 0.0478% $1.61M $454K Long Binance ↗ Short HL ↗sign up
PTB 0.0228% 24.9% Binance 0.0862% $5.69M $5.55M Bybit 0.1090% $1.59M $912K Long Binance ↗ Short Bybit ↗sign up
ARKM 0.0274% 30.0% Bybit -0.0174% $2.33M $826K Binance 0.0100% $3.02M $3.68M Long Bybit ↗sign up Short Binance ↗
ROSE 0.0328% 35.9% Bybit -0.0228% $1.36M $944K Binance 0.0100% $2.55M $3.62M Long Bybit ↗sign up Short Binance ↗
GENIUS 0.0354% 38.8% Binance 0.0100% $8.75M $3.77M Bybit 0.0454% $1.07M $812K Long Binance ↗ Short Bybit ↗sign up
BTR 0.0354% 38.8% Bybit 0.0100% $2.93M $719K Binance 0.0454% $4.64M $4.36M Long Bybit ↗sign up Short Binance ↗
CXMT 0.0421% 46.0% HL HIP-3 -0.1322% $48.64M $4.76M Bybit -0.0901% $1.05M $66K Long HL ↗sign up Short Bybit ↗sign up
ZORA 0.0227% 24.9% Bybit 0.0100% $2.34M $831K HL 0.0327% $1.65M $155K Long Bybit ↗sign up Short HL ↗sign up
WAL 0.0306% 33.5% Bybit -0.0206% $1.19M $584K Binance 0.0100% $2.54M $3.07M Long Bybit ↗sign up Short Binance ↗
ZIL 0.0334% 36.5% Binance -0.0301% $3.98M $2.85M Bybit 0.0032% $2.00M $708K Long Binance ↗ Short Bybit ↗sign up
MYX 0.0345% 37.8% Bybit 0.0100% $3.61M $642K Binance 0.0445% $6.65M $3.02M Long Bybit ↗sign up Short Binance ↗
BAT 0.0439% 48.1% Bybit -0.0339% $1.11M $504K Binance 0.0100% $2.16M $1.95M Long Bybit ↗sign up Short Binance ↗
DUSK 0.0461% 50.4% Binance 0.0100% $3.09M $2.10M Bybit 0.0561% $1.09M $225K Long Binance ↗ Short Bybit ↗sign up
PRL 0.0412% 45.1% Bybit 0.0100% $1.08M $568K Binance 0.0512% $2.25M $2.15M Long Bybit ↗sign up Short Binance ↗
ESPORTS 0.0411% 45.0% Bybit 0.0100% $1.94M $770K Binance 0.0511% $6.01M $1.87M Long Bybit ↗sign up Short Binance ↗
B 0.0292% 32.0% Binance 0.0270% $11.02M $1.83M Bybit 0.0562% $1.60M $602K Long Binance ↗ Short Bybit ↗sign up
FHE 0.0396% 43.3% Bybit 0.0100% $1.57M $423K Binance 0.0496% $3.33M $1.52M Long Bybit ↗sign up Short Binance ↗
XPIN 0.0311% 34.0% Binance 0.0164% $8.18M $1.27M Bybit 0.0474% $2.71M $557K Long Binance ↗ Short Bybit ↗sign up
ZEST 0.0426% 46.7% Bybit 0.0195% $1.23M $298K Binance 0.0621% $8.31M $1.26M Long Bybit ↗sign up Short Binance ↗
WET 0.0289% 31.7% Bybit 0.0100% $1.49M $339K Binance 0.0389% $1.37M $951K Long Bybit ↗sign up Short Binance ↗
COAI 0.0221% 24.2% Bybit 0.0100% $2.70M $215K Binance 0.0321% $3.37M $984K Long Bybit ↗sign up Short Binance ↗
WDC 0.0473% 51.8% Bybit -0.0423% $1.61M $185K HL HIP-3 0.0050% $2.50M $787K Long Bybit ↗sign up Short HL ↗sign up
TRUTH 0.0392% 43.0% Binance 0.0100% $4.89M $680K Bybit 0.0492% $1.41M $171K Long Binance ↗ Short Bybit ↗sign up
BAN 0.0493% 54.0% Binance 0.0753% $6.70M $510K Bybit 0.1246% $2.78M $200K Long Binance ↗ Short Bybit ↗sign up
CBRS 0.0251% 27.5% HL HIP-3 -0.0251% $42.49M $408K Bybit 0.0000% $1.59M $49K Long HL ↗sign up Short Bybit ↗sign up
ZEC 0.0112% 12.3% Binance -0.0012% $763.90M $2.03B HL 0.0100% $881.81M $368.35M Long Binance ↗ Short HL ↗sign up
XRP 0.0137% 15.0% Bybit -0.0037% $335.48M $380.30M HL 0.0100% $307.42M $113.25M Long Bybit ↗sign up Short HL ↗sign up
FIL 0.0102% 11.2% Binance USDC -0.0002% $11.27M $20.02M HL 0.0100% $10.70M $4.93M Long Binance ↗ Short HL ↗sign up
LINK 0.0122% 13.4% Bybit 0.0035% $90.96M $51.67M HL 0.0157% $108.17M $18.21M Long Bybit ↗sign up Short HL ↗sign up
BNB 0.0100% 11.0% Binance 0.0000% $453.06M $190.44M HL 0.0100% $50.83M $3.79M Long Binance ↗ Short HL ↗sign up
PEPE 0.0145% 15.9% Bybit -0.0045% $77.02M $47.66M Binance 0.0100% $96.90M $208.62M Long Bybit ↗sign up Short Binance ↗
ONDO 0.0154% 16.8% Binance 0.0100% $99.33M $142.18M HL 0.0254% $81.30M $26.23M Long Binance ↗ Short HL ↗sign up
BCH 0.0163% 17.9% Bybit -0.0053% $54.98M $20.40M HL 0.0110% $10.22M $2.54M Long Bybit ↗sign up Short HL ↗sign up
AAVE 0.0107% 11.7% Binance USDC -0.0007% $7.96M $8.01M HL 0.0100% $84.60M $7.81M Long Binance ↗ Short HL ↗sign up
MUBARAK 0.0200% 21.9% Binance 0.0264% $22.35M $110.15M Bybit 0.0464% $4.56M $18.93M Long Binance ↗ Short Bybit ↗sign up
AERO 0.0175% 19.2% Binance 0.0100% $36.66M $37.50M HL 0.0275% $35.83M $7.71M Long Binance ↗ Short HL ↗sign up
ASTER 0.0100% 11.0% Binance 0.0100% $92.12M $45.89M HL 0.0200% $26.05M $2.01M Long Binance ↗ Short HL ↗sign up
SHIB 0.0158% 17.3% Bybit -0.0058% $14.76M $8.10M Binance 0.0100% $30.67M $41.06M Long Bybit ↗sign up Short Binance ↗
ETHFI 0.0156% 17.0% Binance 0.0100% $26.49M $31.14M HL 0.0256% $19.80M $2.79M Long Binance ↗ Short HL ↗sign up
ATOM 0.0112% 12.2% Binance -0.0012% $22.61M $34.70M HL 0.0100% $3.03M $766K Long Binance ↗ Short HL ↗sign up
JUP 0.0186% 20.3% Bybit -0.0086% $18.08M $8.60M HL 0.0100% $22.64M $7.13M Long Bybit ↗sign up Short HL ↗sign up
SOXL 0.0189% 20.6% Bybit 0.0000% $63.16M $42.54M HL HIP-3 0.0189% $29.04M $3.59M Long Bybit ↗sign up Short HL ↗sign up
GALA 0.0124% 13.5% Bybit -0.0024% $6.56M $7.92M Binance 0.0100% $6.02M $23.58M Long Bybit ↗sign up Short Binance ↗
TRIA 0.0120% 13.2% Bybit 0.0169% $3.46M $3.83M Binance 0.0289% $5.15M $26.56M Long Bybit ↗sign up Short Binance ↗
DYDX 0.0171% 18.8% Binance 0.0100% $6.18M $12.50M HL 0.0271% $2.54M $500K Long Binance ↗ Short HL ↗sign up
SKY 0.0162% 17.8% Binance 0.0100% $18.02M $6.64M HL 0.0262% $5.25M $1.15M Long Binance ↗ Short HL ↗sign up
LA 0.0102% 11.2% Binance -0.0002% $4.94M $8.34M Bybit 0.0100% $2.48M $1.77M Long Binance ↗ Short Bybit ↗sign up
MINA 0.0135% 14.7% HL -0.0035% $3.53M $475K Bybit 0.0100% $4.27M $1.51M Long HL ↗sign up Short Bybit ↗sign up
FF 0.0165% 18.1% Bybit -0.0065% $15.69M $4.68M Binance 0.0100% $43.86M $4.29M Long Bybit ↗sign up Short Binance ↗
META 0.0135% 14.8% HL HIP-3 -0.0135% $68.09M $6.57M Bybit 0.0000% $7.68M $2.09M Long HL ↗sign up Short Bybit ↗sign up
CVC 0.0107% 11.7% Binance -0.1314% $2.92M $4.65M Bybit -0.1207% $1.57M $630K Long Binance ↗ Short Bybit ↗sign up
SLX 0.0163% 17.8% Bybit 0.0100% $1.53M $995K Binance 0.0263% $2.76M $3.40M Long Bybit ↗sign up Short Binance ↗
DEXE 0.0138% 15.1% Binance 0.0100% $6.54M $3.00M Bybit 0.0238% $2.27M $438K Long Binance ↗ Short Bybit ↗sign up
ATH 0.0160% 17.5% Bybit -0.0060% $5.19M $1.13M Binance 0.0100% $3.98M $2.65M Long Bybit ↗sign up Short Binance ↗
RAVE 0.0120% 13.2% Bybit 0.0515% $2.68M $715K Binance 0.0635% $4.84M $3.38M Long Bybit ↗sign up Short Binance ↗
KSM 0.0159% 17.4% Binance -0.0059% $2.17M $2.72M Bybit 0.0100% $1.92M $710K Long Binance ↗ Short Bybit ↗sign up
BSV 0.0114% 12.5% Binance 0.0100% $2.61M $2.38M HL 0.0214% $1.24M $174K Long Binance ↗ Short HL ↗sign up
GOOGL 0.0129% 14.2% HL HIP-3 -0.0129% $109.30M $2.50M Bybit 0.0000% $15.01M $615K Long HL ↗sign up Short Bybit ↗sign up
NBIS 0.0106% 11.6% Bybit 0.0000% $5.02M $656K HL HIP-3 0.0106% $33.99M $1.13M Long Bybit ↗sign up Short HL ↗sign up
AVAAI 0.0108% 11.8% Bybit 0.0100% $1.15M $137K Binance 0.0208% $3.30M $2.19M Long Bybit ↗sign up Short Binance ↗
AMZN 0.0129% 14.1% HL HIP-3 -0.0129% $29.50M $2.04M Bybit 0.0000% $5.83M $232K Long HL ↗sign up Short Bybit ↗sign up
GOAT 0.0156% 17.1% Bybit 0.0100% $2.18M $523K HL 0.0256% $1.73M $104K Long Bybit ↗sign up Short HL ↗sign up
COIN 0.0151% 16.6% Bybit 0.0000% $4.56M $660K HL HIP-3 0.0151% $13.00M $1.40M Long Bybit ↗sign up Short HL ↗sign up
CHILLGUY 0.0138% 15.1% Bybit 0.0100% $1.96M $419K Binance 0.0238% $1.94M $1.29M Long Bybit ↗sign up Short Binance ↗
MAVIA 0.0107% 11.7% Bybit 0.0100% $1.31M $254K Binance 0.0207% $1.86M $636K Long Bybit ↗sign up Short Binance ↗
DELL 0.0191% 20.9% Bybit 0.0000% $3.02M $245K HL HIP-3 0.0191% $7.00M $517K Long Bybit ↗sign up Short HL ↗sign up
NOW 0.0166% 18.2% HL HIP-3 -0.0166% $2.04M $8,361 Bybit 0.0000% $1.61M $28K Long HL ↗sign up Short Bybit ↗sign up

How to read it. Funding is shown per 8 hours for every exchange: Hyperliquid pays hourly and many Binance and Bybit perps pay every 4h or 1h, so each rate is converted to its 8-hour equivalent (hourly × 8, 4-hourly × 2). Positive = longs pay shorts, negative = shorts pay longs. Green is above the usual 0.01% / 8h baseline, red is negative, bold is extreme (≥ 0.1% / 8h). APR = 8h rate × 3 × 365, without compounding.

Exchange columns show the coin's market with the most open interest on that exchange (usually the USDT perp; Hyperliquid may be a HIP-3 market); hover for every market. Spread is the highest minus the lowest funding across all of the coin's perp markets.

OI and price changes come from 5-minute snapshots this site records itself, so they show "—" until the server has 1h, 4h and 24h of history. The server restarts about once a day.

Funding rate arbitrage FAQ

What is a funding rate?

Perpetual futures never expire, so exchanges use regular funding payments between longs and shorts to keep the perp price close to spot. When funding is positive, longs pay shorts; when it is negative, shorts pay longs. The rate is a percentage of your position size, paid every funding interval.

Why are all rates shown per 8 hours?

Exchanges pay funding on different schedules: Hyperliquid every hour, Binance and Bybit every 8 hours for most perps but every 4 hours or every hour for some. To compare like with like, every rate here is converted to its 8-hour equivalent. APR is the 8-hour rate × 3 × 365, without compounding.

What does open interest tell you?

Open interest (OI) is the total value of open perpetual positions. Rising OI with a rising price usually means new longs are opening; rising OI with a falling price usually means new shorts. Falling OI means positions are being closed or liquidated. High OI together with extreme funding points to a crowded trade that can unwind sharply.

How does funding rate arbitrage work?

When the same coin pays different funding on two markets, you can go long where funding is lower and short where it is higher. Price moves roughly cancel out and you collect the difference. The risks: funding changes every interval and can flip, fees and slippage eat into the edge, the two prices can drift apart, each leg can be liquidated on its own, and you carry exchange risk on both sides.

Why do some OI and price changes show "—"?

Changes are calculated from 5-minute snapshots that this site records itself. After a server restart, which happens about once a day, the 1h, 4h and 24h columns fill in once that much history exists.

What are HIP-3 markets?

HIP-3 lets independent builders deploy their own perpetual markets on Hyperliquid, for example on stocks, indices and commodities such as TSLA, NVDA or gold. They are marked HIP-3 here, and several builders can list the same asset. Liquidity is often thinner and funding can behave differently outside stock market hours.

Is this financial advice?

No. Volume Monitor shows raw public market data for free. Nothing here is a recommendation to trade. Funding, spreads and open interest change constantly, data can be delayed or incomplete, and leveraged trading can lose more than you expect.