The cross-exchange
funding spread terminal.
Capture funding-rate divergence across 30+ perpetual venues. Run delta-neutral pairs, stack DEX points on the long leg, and let it compound on autopilot — with real execution cost from live orderbooks, not hand-waved bps.
Top Hottest Spreads· Now
10 highest funding spreads right now · click any card to backtest the pair

Daily momentum
Biggest 24h moves in open interest and volume across venues
Top Hottest Spreads· 7 Days Backtest
9 pairs with confirmed gain · real PnL on $10K over 7 days · fees + slippage included

Funding arbitrage in three moves.
No directional bets, no market timing. Just spread capture from the structural difference between perpetual venues — measured live, with real execution cost.
Find the spread
Browse 200+ assets across 30+ venues. Sort by funding APR, stability score, or open interest. Filter to crypto, TradFi RWA, or specific exchanges.
Example: BTC funding pays −2% APR on Hyperliquid · +38% APR on Binance → 40-point delta
Open a delta-neutral pair
Long the cheap leg, short the rich leg. Equal size, opposite direction. Price moves cancel out — you only collect the funding-rate gap.
Long $10K BTC-PERP on Hyperliquid + Short $10K BTC-PERP on Binance = zero price exposure
Collect funding, stack points
Every 1/4/8 hours (per venue) the spread accrues to your wallet. On DEX legs you also earn protocol points — Hyperliquid, Aster, Lighter, dreamcash and others have active airdrop campaigns.
$10K position at 35% APR → ~$9.60/day funding · plus HYPE points credit on the long leg
Learn more
Long-form guides on the math, mechanics, and risks behind these screens.
How to Earn with Delta-Neutral Funding on ORBIT
A beginner-friendly walkthrough: find a funding spread, open the pair on real exchange screens, set a stop-los…
Funding Rate Arbitrage: A Beginner's Guide
How perpetual funding rates work, why they diverge across exchanges, and how to capture the spread with a delt…
How to Calculate Real Funding APR After Fees and Slippage
The headline funding rate is not what you keep. Step-by-step math for going from on-screen APR to realized net…
The spread is there.
Every hour. Across 30+ venues.