Compare the funding rate
MEXC and Bitunix predictions are compared with an 8-hour estimate built from Hyperliquid's current hourly rate.
FREE LIVE MARKET RESEARCH
Funding rate arbitrage scanner free
We call this scanner FBR™ — the Funding Bias Rate crypto funding arbitrage tracker. Use it to compare MEXC, Bitunix and Hyperliquid funding rates and find the strongest current Long and Short combination. Sort every column or open FBR™ — Funding Bias Rate — to review all six exchange directions over the rolling 90-day window. Calculate your ROI ↗
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.
1x6x balanced20x high risk
| ADAADAUSDT | 0.0100%Live | 0.0150%Live | 0.0100%Live | Long MEXC / Short BITUNIX | 0.0050% | 16.43% | 79.4%OKn=267Long MEXC / Short BITUNIX79.4%OKn=267 Long BITUNIX / Short MEXC20.2%n=267 Long MEXC / Short HYPERLIQUID30.1%n=266 Long HYPERLIQUID / Short MEXC53.8%n=266 Long BITUNIX / Short HYPERLIQUID25.2%n=266 Long HYPERLIQUID / Short BITUNIX74.8%OKn=266 | 11-05 02:10UTC |
|---|---|---|---|---|---|---|---|---|
| DOGEDOGEUSDT | 0.0100%Live | 0.0100%Live | 0.0100%Live | Long MEXC / Short BITUNIX | 0.0000% | 0.00% | 43.1%n=267Long MEXC / Short BITUNIX43.1%n=267 Long BITUNIX / Short MEXC18.7%n=267 Long MEXC / Short HYPERLIQUID65.0%n=266 Long HYPERLIQUID / Short MEXC11.3%n=266 Long BITUNIX / Short HYPERLIQUID62.8%n=266 Long HYPERLIQUID / Short BITUNIX12.8%n=266 | 11-05 02:10UTC |
| DOTDOTUSDT | -0.0086%Live | -0.0050%Live | 0.0100%Live | Long MEXC / Short HYPERLIQUID | 0.0186% | 61.10% | 32.0%n=266Long MEXC / Short BITUNIX22.5%n=267 Long BITUNIX / Short MEXC33.3%n=267 Long MEXC / Short HYPERLIQUID32.0%n=266 Long HYPERLIQUID / Short MEXC42.1%n=266 Long BITUNIX / Short HYPERLIQUID33.8%n=266 Long HYPERLIQUID / Short BITUNIX41.0%n=266 | 11-05 02:10UTC |
| ETHETHUSDT | -0.0015%Live | -0.0027%Live | 0.0100%Live | Long BITUNIX / Short HYPERLIQUID | 0.0127% | 41.56% | 80.8%OKn=266Long MEXC / Short BITUNIX53.2%n=267 Long BITUNIX / Short MEXC36.0%n=267 Long MEXC / Short HYPERLIQUID82.0%OKn=266 Long HYPERLIQUID / Short MEXC12.4%n=266 Long BITUNIX / Short HYPERLIQUID80.8%OKn=266 Long HYPERLIQUID / Short BITUNIX13.5%n=266 | 11-05 02:10UTC |
| FETFETUSDT | 0.0100%Live | 0.0100%Live | 0.0100%Live | Long MEXC / Short BITUNIX | 0.0000% | 0.00% | 25.8%n=267Long MEXC / Short BITUNIX25.8%n=267 Long BITUNIX / Short MEXC23.2%n=267 Long MEXC / Short HYPERLIQUID64.7%n=266 Long HYPERLIQUID / Short MEXC6.0%n=266 Long BITUNIX / Short HYPERLIQUID65.0%n=266 Long HYPERLIQUID / Short BITUNIX6.0%n=266 | 11-05 02:10UTC |
| HYPEHYPEUSDT | 0.0050%Live | 0.0050%Live | 0.0100%Live | N/A | — | — | —Building historyLong MEXC / Short BITUNIX37.8%n=267 Long BITUNIX / Short MEXC20.6%n=267 Long MEXC / Short HYPERLIQUID56.8%n=266 Long HYPERLIQUID / Short MEXC21.8%n=266 Long BITUNIX / Short HYPERLIQUID54.5%n=266 Long HYPERLIQUID / Short BITUNIX23.7%n=266 | 11-05 02:10UTC |
| LINKLINKUSDT | 0.0100%Live | 0.0100%Live | 0.0100%Live | Long MEXC / Short BITUNIX | 0.0000% | 0.00% | 38.2%n=267Long MEXC / Short BITUNIX38.2%n=267 Long BITUNIX / Short MEXC31.1%n=267 Long MEXC / Short HYPERLIQUID65.4%n=266 Long HYPERLIQUID / Short MEXC20.7%n=266 Long BITUNIX / Short HYPERLIQUID69.9%n=266 Long HYPERLIQUID / Short BITUNIX16.5%n=266 | 11-05 02:10UTC |
| SEISEIUSDT | 0.0100%Live | 0.0100%Live | 0.0100%Live | Long MEXC / Short BITUNIX | 0.0000% | 0.00% | 31.5%n=267Long MEXC / Short BITUNIX31.5%n=267 Long BITUNIX / Short MEXC30.7%n=267 Long MEXC / Short HYPERLIQUID53.0%n=266 Long HYPERLIQUID / Short MEXC24.8%n=266 Long BITUNIX / Short HYPERLIQUID53.4%n=266 Long HYPERLIQUID / Short BITUNIX24.1%n=266 | 11-05 02:10UTC |
| SOLSOLUSDT | 0.0100%Live | 0.0100%Live | 0.0100%Live | Long MEXC / Short BITUNIX | 0.0000% | 0.00% | 49.4%n=267Long MEXC / Short BITUNIX49.4%n=267 Long BITUNIX / Short MEXC28.5%n=267 Long MEXC / Short HYPERLIQUID58.6%n=266 Long HYPERLIQUID / Short MEXC23.7%n=266 Long BITUNIX / Short HYPERLIQUID61.3%n=266 Long HYPERLIQUID / Short BITUNIX26.7%n=266 | 11-05 02:10UTC |
| SUISUIUSDT | 0.0100%Live | 0.0110%Live | 0.0100%Live | Long MEXC / Short BITUNIX | 0.0010% | 3.28% | 95.9%OKn=267Long MEXC / Short BITUNIX95.9%OKn=267 Long BITUNIX / Short MEXC4.1%n=267 Long MEXC / Short HYPERLIQUID74.1%n=266 Long HYPERLIQUID / Short MEXC9.4%n=266 Long BITUNIX / Short HYPERLIQUID64.3%n=266 Long HYPERLIQUID / Short BITUNIX35.7%n=266 | 11-05 02:10UTC |
| XLMXLMUSDT | 0.0100%Live | 0.0100%Live | 0.0100%Live | Long MEXC / Short BITUNIX | 0.0000% | 0.00% | 39.7%n=267Long MEXC / Short BITUNIX39.7%n=267 Long BITUNIX / Short MEXC16.1%n=267 Long MEXC / Short HYPERLIQUID63.2%n=266 Long HYPERLIQUID / Short MEXC9.8%n=266 Long BITUNIX / Short HYPERLIQUID54.1%n=266 Long HYPERLIQUID / Short BITUNIX19.2%n=266 | 11-05 02:10UTC |
| XRPXRPUSDT | 0.0100%Live | 0.0150%Live | 0.0100%Live | Long MEXC / Short BITUNIX | 0.0050% | 16.43% | 100.0%OKn=267Long MEXC / Short BITUNIX100.0%OKn=267 Long BITUNIX / Short MEXC0.0%n=267 Long MEXC / Short HYPERLIQUID66.9%n=266 Long HYPERLIQUID / Short MEXC8.3%n=266 Long BITUNIX / Short HYPERLIQUID33.1%n=266 Long HYPERLIQUID / Short BITUNIX66.9%n=266 | 11-05 02:10UTC |
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 2026-11-05 02:10 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 scanner monitors MEXC, Bitunix and Hyperliquid. It identifies the highest available Net spread, estimates APR at your selected leverage and checks whether the same Long and Short direction produced positive funding income during the previous 90 days.
READING THE SCANNER
From funding rates
to a research signal.
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.
Check the 90-day FBR™
The Funding Bias Rate measures how often each exchange direction generated a positive funding spread at settlement. Open “Compare all 6” to review every Long and Short combination.
FUNDING BIAS RATE · FBR™
Look beyond today's highest rate.
FBR™ is the percentage of observed settlements in the rolling 90-day window where one Long and Short exchange direction produced a positive funding spread. It helps reveal whether today's direction has been repeatable, rather than appearing only once.
Long MEXC / Short BITUNIX72.0%OKn=268 settlement observations
Positive spread across 72% of settlements over the rolling 90 days. The sample size shows how much evidence supports the FBR™ value. “OK” appears only when the current positive direction matches an FBR™ above 70%.
How to improve decision quality
- 01Require current alignment
Use the signal only when today's best Long and Short direction matches the historical direction. A high FBR™ for the opposite direction is not confirmation.
- 02Prefer a meaningful sample
Compare the FBR™ value with n. An FBR™ of 75% from hundreds of observations is generally more informative than the same value from a few settlements.
- 03Confirm a positive Net after costs
FBR™ measures frequency, not profit size. Check that the current Net can still cover fees, spread and slippage on all four executions.
- 04Avoid relying on one signal
Verify live rates, liquidity, settlement timing and margin on both exchanges. These filters may improve selection discipline, but cannot guarantee a profitable trade.
GO BEYOND THE FREE SCANNER
Learn the full funding rate arbitrage skill set.
The scanner helps you find and compare opportunities. The complete course teaches the process behind the numbers, so you can plan both legs, control execution costs and manage a position from entry to exit.
Get the full course on Udemy ↗Educational content only. Trading involves risk and no result is guaranteed.01 · Opportunity selection02 · Long and Short setup03 · Fees and slippage04 · Leverage and liquidation05 · Monitoring and exit rules06 · Practical risk controls
LATEST RESEARCH
Funding rate arbitrage articles
MEXC vs Bitunix vs Hyperliquid: Funding Rate Comparison
The cryptocurrency derivatives market is expanding, giving quantitative traders more venues than ever to execute market-neutral yield strategies. If you want to build a highly profitable arbitrage portfolio, you must look beyond a single exchange pair. Today,
Read article ↗MEXC vs Bitunix Funding Rate Arbitrage Guide
In the world of market-neutral trading, selecting the correct pair of exchanges is just as important as selecting the right coin. Two platforms that have recently become a favorite combination for quantitative traders are MEXC and Bitunix. Understanding how to
Read article ↗How to Convert Hyperliquid’s Hourly Funding Rate to 8 Hours
In quantitative trading, comparison is mandatory. You cannot execute a profitable cross-exchange arbitrage trade if you are comparing apples to oranges. Because the crypto market is fragmented, different exchanges use completely different time schedules for th
Read article ↗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
Start with a positive Net
Sort the Net column from highest to lowest. Net shows the current funding difference before fees and slippage.
- 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
Open “Compare all 6”
Prefer a direction with a stronger 90-day FBR™ and a meaningful sample size. “OK” appears when the current positive direction also has an FBR™ above 70%.
- 4
Check that data is fresh
A stale rate may no longer represent the next settlement. Verify both exchange screens before placing orders.
- 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 funding rate arbitrage scanner helps identify positive spreads, but the displayed rate is not guaranteed profit. Funding predictions change, and every trade must account for execution costs and operational risk.
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.