When Binance pays and Bybit charges,
pocket the spread.
A funding-rate gap between any two of 10 exchanges is a direction-arb setup: short the leg that pays, long the leg that charges, collect the spread three times a day. We watch every pair, every venue, every minute — and ping you the moment a spread crosses your threshold.
Three ways the arb fires
Direction arbitrage
Exchange A funding ≥ +0.05% AND Exchange B ≤ −0.05% on the same pair → short A / long B.
Spread expansion
Spread crossed your threshold (e.g. ≥ 15 bps) on a pair where it was tight all week — pre-funding-event entry.
OI floor filter
Spread is real but open interest on one leg is under $1M — no signal. You only see arbitrage you can actually close.
Funding Screener · Open Interest Screener · Read the funding strategy guide
How it works
Snapshot per-exchange funding
We pull funding for every USDT-M perpetual on 10 exchanges, every minute — the same per-minute sweep that drives the regular funding screener.
Diff every pair vs every venue
For each ticker we find the high and low funding leg across all listed venues. If the gap clears your bps threshold AND OI on the pair is above your floor — it's a candidate.
Push the trade — once per cycle
Push or Telegram with the pair, both legs, spread in bps and the OI snapshot. 8-hour cooldown per pair — no spam between funding events.
Frequently asked questions
- How is this different from the regular Funding screener?
- The regular Funding screener alerts on a single venue ("Binance funding crossed +0.05%"). The arb screener compares funding across all 10 venues simultaneously and alerts only when there is a tradable gap between two of them — a different, delta-neutral setup.
- What spread is "interesting"?
- 15 bps (0.15%) is typically the floor — after maker fees you net ~10-12 bps per 8h cycle, ~36 bps/day. 25 bps is comfortable. 50+ bps is rare but high-conviction.
- Will the alert tell me which leg to short?
- Yes — the notification names the short leg (high funding, you receive) and the long leg (low/negative funding, you pay less or also receive). It's a delta-neutral setup as long as the spread persists.
- How long does an opportunity stay open?
- Until the next funding event, typically 8 hours. After that, the spread is reset for the new cycle. We send one alert per pair per 8h window — you have time to size and place orders.
Start from a preset
Liquid majors
from 12 bps · top 100 by turnoverLogic: only the top 100 pairs by 24h turnover, with high liquidity floors — open interest from $10M, turnover from $25M. Rate gap from 12 bps. The gaps are modest here, but both legs fill without slippage.
Wide scan
from 12 bps · every pairLogic: every available pair, gap from 12 bps, open interest from $3M, turnover from $5M. The gap must also hold for three minutes straight — on thin pairs predicted rates jitter minute to minute. More signals than any other preset, but only on pairs where the trade is actually possible.
Wide gaps only
from 40 bps · top 100 by turnoverLogic: the threshold is raised to 40 bps — 0.4% per funding settlement. Rare hits, but the gap sits well above the fees on two legs. Top 100 by turnover, open interest from $5M, turnover from $10M.
My own watchlist
from 2 bps · SOL, DOGE, WIF, SUI, FARTCOINLogic: the five most traded coins at a 2 bps threshold. Gaps on them are narrow, but both legs fill instantly. Edit the list in the settings; open interest from $5M, turnover from $10M.
Additional filters · same for every screener
Five noise-reducers that sit alongside the screener parameters. Tune them once and forget — they apply to every signal you get.
- Minimum current open interest Skip coins with low OI to avoid signals on micro-caps with no real positions.
- Minimum current 24h turnover Cut out illiquid pairs — only get signals on coins with real trading activity.
- Watch only my Favorites Limit the scan to the coins you starred — useful when you trade a focused list.
- Skip blocked coins Permanently exclude coins from your blocklist — they will not generate signals on any screener.
- Max signals per coin per interval (15 min – 24 h) Anti-spam by ticker: cap how many signals one coin can generate over your chosen window.
One tap from notification to chart
Each alert can include one-click links to TradingView, Coinglass, the coin's spot and futures pages on the exchange, and the coin's page on JustScreener — so you go from notification to chart in a single tap.
- TradingView The coin's chart in TradingView, ready for analysis.
- Coinglass Derivatives analytics — OI, funding, liquidations across all venues.
- Coin page · spot exchange Direct link to the coin's spot trading page on the exchange where the signal fired.
- Coin page · futures exchange Direct link to the coin's futures trading page on the exchange where the signal fired.
- Coin page · JustScreener Live page on JustScreener with price, OI, funding and 24h turnover side-by-side.