F Funding Rate Arbitrage Strategy

FREE LIVE MARKET RESEARCH

Funding Rate Arbitrage Opportunities

12 tracked coins · 3 exchanges

Compare MEXC, Bitunix and Hyperliquid funding rates to find the strongest current Long and Short combination. Sort every column or open History Bias to review all six exchange directions.

5x–7x is generally the more balanced range for this strategy. Higher leverage leaves less margin buffer and can significantly increase liquidation risk. Net does not change.

6x
1x6x balanced20x high risk
ADAADAUSDT0.0100%Live0.0150%Live0.0100%LiveLong MEXC / Short BITUNIX0.0050%16.43%
43.7%n=270Compare all 6Close
Long MEXC / Short BITUNIX43.7%n=270
Long BITUNIX / Short MEXC55.2%n=270
Long MEXC / Short HYPERLIQUID34.2%n=269
Long HYPERLIQUID / Short MEXC49.8%n=269
Long BITUNIX / Short HYPERLIQUID49.8%n=269
Long HYPERLIQUID / Short BITUNIX49.8%n=269
09-19 17:25UTC
DOGEDOGEUSDT0.0100%Live0.0100%Live0.0100%LiveLong MEXC / Short BITUNIX0.0000%0.00%
51.5%n=270Compare all 6Close
Long MEXC / Short BITUNIX51.5%n=270
Long BITUNIX / Short MEXC16.3%n=270
Long MEXC / Short HYPERLIQUID55.4%n=269
Long HYPERLIQUID / Short MEXC23.8%n=269
Long BITUNIX / Short HYPERLIQUID50.2%n=269
Long HYPERLIQUID / Short BITUNIX28.6%n=269
09-19 17:25UTC
DOTDOTUSDT0.0081%Live0.0085%Live0.0100%LiveLong MEXC / Short HYPERLIQUID0.0019%6.24%
39.8%n=269Compare all 6Close
Long MEXC / Short BITUNIX37.8%n=270
Long BITUNIX / Short MEXC28.5%n=270
Long MEXC / Short HYPERLIQUID39.8%n=269
Long HYPERLIQUID / Short MEXC40.5%n=269
Long BITUNIX / Short HYPERLIQUID35.7%n=269
Long HYPERLIQUID / Short BITUNIX45.0%n=269
09-19 17:25UTC
ETHETHUSDT0.0070%Live0.0072%Live0.0100%LiveLong MEXC / Short HYPERLIQUID0.0030%9.86%
80.3%OKn=269Compare all 6Close
Long MEXC / Short BITUNIX59.6%n=270
Long BITUNIX / Short MEXC31.9%n=270
Long MEXC / Short HYPERLIQUID80.3%OKn=269
Long HYPERLIQUID / Short MEXC15.2%n=269
Long BITUNIX / Short HYPERLIQUID81.4%OKn=269
Long HYPERLIQUID / Short BITUNIX14.5%n=269
09-19 17:25UTC
FETFETUSDT0.0100%Live0.0100%Live0.0100%LiveLong MEXC / Short BITUNIX0.0000%0.00%
43.7%n=270Compare all 6Close
Long MEXC / Short BITUNIX43.7%n=270
Long BITUNIX / Short MEXC27.4%n=270
Long MEXC / Short HYPERLIQUID73.2%n=269
Long HYPERLIQUID / Short MEXC5.9%n=269
Long BITUNIX / Short HYPERLIQUID68.0%n=269
Long HYPERLIQUID / Short BITUNIX11.5%n=269
09-19 17:25UTC
HYPEHYPEUSDT0.0050%Live0.0050%Live0.0100%LiveN/A——
—Building historyCompare all 6Close
Long MEXC / Short BITUNIX33.7%n=270
Long BITUNIX / Short MEXC20.0%n=270
Long MEXC / Short HYPERLIQUID51.7%n=269
Long HYPERLIQUID / Short MEXC24.9%n=269
Long BITUNIX / Short HYPERLIQUID50.9%n=269
Long HYPERLIQUID / Short BITUNIX25.3%n=269
09-19 17:25UTC
LINKLINKUSDT0.0100%Live0.0100%Live0.0100%LiveLong MEXC / Short BITUNIX0.0000%0.00%
37.0%n=270Compare all 6Close
Long MEXC / Short BITUNIX37.0%n=270
Long BITUNIX / Short MEXC38.9%n=270
Long MEXC / Short HYPERLIQUID65.4%n=269
Long HYPERLIQUID / Short MEXC18.2%n=269
Long BITUNIX / Short HYPERLIQUID76.6%n=269
Long HYPERLIQUID / Short BITUNIX12.3%n=269
09-19 17:25UTC
SEISEIUSDT0.0100%Live0.0100%Live0.0100%LiveLong MEXC / Short BITUNIX0.0000%0.00%
39.3%n=270Compare all 6Close
Long MEXC / Short BITUNIX39.3%n=270
Long BITUNIX / Short MEXC39.6%n=270
Long MEXC / Short HYPERLIQUID46.5%n=269
Long HYPERLIQUID / Short MEXC39.4%n=269
Long BITUNIX / Short HYPERLIQUID48.3%n=269
Long HYPERLIQUID / Short BITUNIX38.7%n=269
09-19 17:25UTC
SOLSOLUSDT0.0100%Live0.0100%Live0.0100%LiveLong MEXC / Short BITUNIX0.0000%0.00%
40.4%n=270Compare all 6Close
Long MEXC / Short BITUNIX40.4%n=270
Long BITUNIX / Short MEXC50.4%n=270
Long MEXC / Short HYPERLIQUID62.1%n=269
Long HYPERLIQUID / Short MEXC27.1%n=269
Long BITUNIX / Short HYPERLIQUID71.4%n=269
Long HYPERLIQUID / Short BITUNIX24.5%n=269
09-19 17:25UTC
SUISUIUSDT0.0100%Live0.0110%Live0.0100%LiveLong MEXC / Short BITUNIX0.0010%3.28%
66.3%n=270Compare all 6Close
Long MEXC / Short BITUNIX66.3%n=270
Long BITUNIX / Short MEXC33.7%n=270
Long MEXC / Short HYPERLIQUID72.5%n=269
Long HYPERLIQUID / Short MEXC10.0%n=269
Long BITUNIX / Short HYPERLIQUID72.5%n=269
Long HYPERLIQUID / Short BITUNIX27.5%n=269
09-19 17:25UTC
XLMXLMUSDT0.0100%Live0.0100%Live0.0100%LiveLong MEXC / Short BITUNIX0.0000%0.00%
44.8%n=270Compare all 6Close
Long MEXC / Short BITUNIX44.8%n=270
Long BITUNIX / Short MEXC21.5%n=270
Long MEXC / Short HYPERLIQUID56.9%n=269
Long HYPERLIQUID / Short MEXC17.1%n=269
Long BITUNIX / Short HYPERLIQUID47.2%n=269
Long HYPERLIQUID / Short BITUNIX27.1%n=269
09-19 17:25UTC
XRPXRPUSDT0.0100%Live0.0150%Live0.0111%LiveLong MEXC / Short BITUNIX0.0050%16.43%
87.0%OKn=270Compare all 6Close
Long MEXC / Short BITUNIX87.0%OKn=270
Long BITUNIX / Short MEXC13.0%n=270
Long MEXC / Short HYPERLIQUID69.1%n=269
Long HYPERLIQUID / Short MEXC20.1%n=269
Long BITUNIX / Short HYPERLIQUID36.8%n=269
Long HYPERLIQUID / Short BITUNIX63.2%n=269
09-19 17:25UTC

Net is the best available short rate minus long rate. APR assumes three 8-hour settlements per day, 6x on each leg and total capital split across both exchanges. It excludes fees, slippage and changing rates. Hyperliquid is estimated from its current hourly prediction.

Page generated 2026-09-19 17:27 UTC · Automatically refreshes every 5 minutes.

FUNDING RATE ARBITRAGE STRATEGY

How funding rate arbitrage works

Funding rate arbitrage uses two opposite perpetual futures positions on different exchanges. A trader goes Long where the funding rate is lower and Short where it is higher, aiming to collect the difference while reducing direct exposure to the coin's price movement.

This free funding rate arbitrage calculator compares MEXC, Bitunix and Hyperliquid. It identifies the highest available Net spread, estimates APR at 6x leverage and checks whether the same Long and Short direction produced positive funding income during the previous 90 days.

READING THE CALCULATOR

From funding rates
to a research signal.

01

Compare the funding rate

MEXC and Bitunix predictions are compared with an 8-hour estimate built from Hyperliquid's current hourly rate.

02

Calculate Net funding and APR

Net equals the Short exchange rate minus the Long exchange rate. APR annualizes that spread using three funding periods per day, your selected leverage and capital divided across both legs.

03

Check 90-day History Bias

History Bias measures how often each exchange direction generated a positive funding spread at settlement. Open “Compare all 6” to review every Long and Short combination.

HOW TO CHOOSE A FUNDING RATE ARBITRAGE COIN

Five checks before choosing the highest APR

The largest number is a starting point. A stronger opportunity combines a positive spread, repeatable history and enough liquidity to enter and exit both legs.

  1. 1

    Start with a positive Net

    Sort the Net column from highest to lowest. Net shows the current funding difference before fees and slippage.

  2. 2

    Confirm the best direction

    Follow the displayed Long and Short exchanges. Reversing the two legs changes a positive spread into a negative one.

  3. 3

    Open “Compare all 6”

    Prefer a direction with a stronger 90-day History Bias and a meaningful sample size. “OK” appears when the current positive direction also has bias above 70%.

  4. 4

    Check that data is fresh

    A stale rate may no longer represent the next settlement. Verify both exchange screens before placing orders.

  5. 5

    Subtract real trading costs

    Estimate entry and exit fees, bid-ask spread and slippage on both exchanges. Use the leverage slider to explore APR, then choose leverage from your margin and liquidation risk.

FUNDING RATE ARBITRAGE RESEARCH

Can funding rate arbitrage make money?

A positive funding spread can generate income, but the displayed rate is not guaranteed profit. Funding predictions change, and every trade must account for execution costs and operational risk.

Learn the strategy on Udemy ↗Return to calculator ↑

WHAT TO CHECK BEFORE TRADING

Funding arbitrage costs and risks

Trading fees and slippage

Opening and closing two positions creates four executions. A small funding spread may disappear after maker or taker fees and slippage.

Funding rate changes

Predicted rates can change before settlement. Confirm the latest rate and settlement schedule directly with each exchange.

Liquidation and exchange risk

Leverage increases capital efficiency and liquidation risk. Keep sufficient margin on both exchanges and consider operational or counterparty risk.

TAKE THE NEXT STEP · UDEMY COURSE

The numbers are free.
Learn the strategy behind them.

Explore the Funding Rate Arbitrage course and develop your understanding beyond the market board.

View the course on Udemy ↗
FUNDING RATEARBITRAGE

From market observation
to informed research.

Course details and current pricing on Udemy.