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Funding Gap

The screener for funding-rate arbitrage — long the venue paying funding, short the venue charging it, collect the gap as carry.

Funding Gap

Header controls​

  • All exchanges ▼ — limit which venues are eligible to appear as a leg.
  • The token-symbol search field above the table narrows to a single asset.

Funding Gap Settings (left rail)​

Collapsible left rail with the same shape as Premium — set filter ranges once and reuse:

  • Min gap — only show pairs where the funding-rate gap is at least this size.
  • Min volume filters for each leg.
  • Settlement interval filters (1h / 2h / 4h / 8h) so you can match cycles between the two legs.
  • Risk and tag filters.

Main table​

ColumnWhat it shows
Token ▼base asset
Short (high)the venue + symbol you'd short (pays high funding)
Long (low)the venue + symbol you'd go long (collects funding)
Gap ▼absolute difference in funding rate between the two legs
APR edge ▼gap annualized — the realistic carry edge once it's run over a year, before fees
Venues ▼the venue pair, with chain/tag chips

Sort by APR edge to see the highest annualized carry. Sort by Gap for the rawest spread.

Inspector​

Clicking any row opens a slide-out inspector on the right with the full per-venue funding distribution for that token, plus a side-by-side history chart that takes over the bottom half of the page.

Funding Gap inspector

The panel itself, zoomed in:

Funding Gap inspector panel

Panel header​

  • Token + venue count — e.g. ESPORTS · 6 venues · funding distribution.
  • Top-right jumps: Related · Funding Matrix → (jump to the Funding Rate grid for this token) and Premium → (jump to the Premium screener filtered to it). The counter 85 tokens · top 200 keeps you oriented within the surface.

Top stats​

  • Gap (per interval) — the absolute funding-rate gap on the chosen interval.
  • APR edge — the same gap annualized. The realistic carry edge before fees.

SHORT / LONG legs​

Two chips spell out the trade:

  • SHORT — the venue + symbol you'd short (pays the high funding).
  • LONG — the venue + symbol you'd go long (collects the funding).

Per-venue funding (high → low)​

The full distribution, sorted from highest-paying to lowest. Each row:

  • Venue glyph + name.
  • Settlement interval (4h) and 24h volume.
  • Current funding rate (+0.1545%) and annualized APR (APR 338%).

The active SHORT leg sits at the top (red banding); the active LONG leg sits at the bottom (red banding for negative funding). Everything in between is candidate substitutes — useful when the primary venue is unavailable to you.

Funding history (bottom of main area)​

When the inspector is open, the main area expands to show <TOKEN> rates (—) — 3h — a multi-line chart plotting the funding rate over time for each venue, color-keyed to the venue chips above. Use it to confirm the gap isn't a one-print outlier.

Telegram posts​

Bottom of the panel: All / Korea / Global filter pills then a feed of recent Telegram mentions of the token.

When to use this page​

  • You want delta-neutral carry — pair the long-funding leg with the short-funding leg, hold, collect.
  • You want to know which tokens are currently regime-paying so you can rotate into them.
  • You want to spot venue funding outliers (one exchange is paying way more than the others).

See also the funding-rate-arb strategy playbook for the full setup.