Funding arbitrage by exchange pair

Pairs that share enough markets to be worth trading
Exchange pairs212with live spreads
Market pairs11,008tradeable
Exchanges involved34in these pairs

All exchange pairs

by shared markets · snapshot 2026-10-21 04:39 UTC
Exchange pairShared marketsBest net APRMedian net APR≥5% APRWidest spread
Gate.iovsMEXC203439.2%15.3%163UNITREE · $1.9M
BybitvsMEXC195146.6%13.7%159KORU · $139.4M
KuCoinvsMEXC193115.6%14.3%163CT · $1.0M
BinancevsKuCoin176115.2%13.8%146CT · $7.6M
BybitvsGate.io174474.8%26.6%142MEW · $1.2M
BinancevsGate.io173195.0%15.0%137IOST · $4.5M
BitgetvsMEXC17295.6%12.1%136UNITREE · $1.9M
BingXvsMEXC170250.9%11.3%124DOOD · $2.4M
BingXvsGate.io168176.1%16.3%140DOOD · $10.1M
Gate.iovsKuCoin166138.4%20.3%143PONS · $2.0M
BinancevsBybit165411.2%12.8%132ERA · $25.8M
BitgetvsBybit158362.1%22.7%132ERA · $7.7M
BitgetvsGate.io154340.4%21.1%133UNITREE · $3.7M
Gate.iovsOKX153295.7%18.8%133UNITREE · $8.8M
BinancevsBitget152168.2%11.9%119BIRB · $2.3M
BinancevsBingX150250.9%10.7%111DOOD · $11.3M
BitgetvsOKX148469.1%18.8%123MEW · $2.6M
BybitvsKuCoin14691.4%26.7%131MUU · $1.2M
BitgetvsKuCoin145168.7%22.8%126JCT · $21.2M
KuCoinvsOKX141225.6%19.5%120CSOPSKHYNIX2L · $1.1M
BybitvsOKX140257.3%22.0%116DOOD · $55.7M
MEXCvsOKX138266.8%11.4%100DOOD · $2.4M
BingXvsKuCoin127188.9%16.5%111DOOD · $2.6M
BinancevsOKX124461.8%12.1%94MEW · $14.8M
BingXvsBybit123435.0%19.8%99MEW · $7.9M
AstervsGate.io11899.8%18.0%106SKHYNIX · $6.3M
HyperliquidvsOKX118295.3%18.2%93UNITREE · $24.3M
BitgetvsHyperliquid114340.1%22.2%89UNITREE · $3.7M
Gate.iovsHyperliquid107249.2%16.8%86KORU · $21.3M
AstervsMEXC10158.4%11.9%80Q · $2.7M
AstervsBinance99207.7%11.5%74BULLA · $1.4M
BybitvsHyperliquid98356.0%20.4%76UNITREE · $6.9M
HyperliquidvsMEXC96438.9%10.5%72UNITREE · $1.9M
BingXvsBitget96249.7%15.0%74DOOD · $11.3M
AstervsKuCoin9391.9%21.9%80JCT · $11.2M
BingXvsOKX93117.6%16.7%78DNA · $1.6M
HyperliquidvsKuCoin92143.0%21.3%74SKHY · $1.5M
AstervsBybit89144.0%18.6%75BTW · $1.3M
AstervsBingX88249.3%15.7%73DOOD · $7.6M
Gate.iovsVariational8228.0%13.7%63AMZN · $1.8M
AstervsBitget8186.6%12.6%67BTW · $1.3M
AstervsOKX79265.3%14.1%65DOOD · $7.6M
MEXCvsVariational7729.5%8.9%53AERO · $2.3M
BinancevsVariational7528.5%11.2%53AERO · $2.8M
OKXvsVariational7528.5%11.5%51AERO · $2.8M
Gate.iovsLighter74249.8%9.5%48CASHCAT · $1.2M
BinancevsHyperliquid7323.3%8.7%52GRIFFAIN · $1.8M
HyperliquidvsVariational72112.8%15.1%48SOXL · $9.1M
KuCoinvsVariational7124.4%17.0%54BZ · $1.6M
ExtendedvsGate.io71438.6%9.7%53UNITREE · $1.9M
LightervsOKX66249.1%9.8%42CASHCAT · $10.1M
Bitgetvstrade.xyz65337.8%34.2%53UNITREE · $3.7M
BitgetvsLighter63155.5%9.4%38SOXL · $4.9M
BingXvsExtended6329.7%9.2%44S · $1.3M
BitgetvsExtended6295.0%7.1%42UNITREE · $1.9M
BitgetvsVariational6127.7%14.7%50AMZN · $1.8M
BybitvsExtended6179.2%10.1%50UNITREE · $1.9M
Gate.iovsHTX5952.6%9.8%49SKHYNIX · $15.8M
ExtendedvsOKX58140.4%11.4%42UNITREE · $1.9M
AstervsHyperliquid57112.8%13.6%43SOXL · $3.3M
BybitvsVariational5712.8%7.4%34ARB · $1.9M
ExtendedvsKuCoin5730.7%8.7%43ZEC · $4.3M
LightervsMEXC56169.1%6.7%33SOXL · $4.9M
BybitvsLighter56249.4%8.4%34CASHCAT · $12.0M
OKXvstrade.xyz55293.8%34.3%46UNITREE · $24.3M
KuCoinvsLighter54247.9%8.7%33CASHCAT · $2.4M
Bybitvstrade.xyz52353.7%27.3%44UNITREE · $6.9M
LightervsVariational5287.3%3.9%24MU · $4.1M
ExtendedvsVariational5242.0%7.8%38ZEC · $4.3M
AstervsVariational5120.2%10.1%36WLD · $1.5M
HTXvsMEXC5119.9%10.8%41USOIL · $4.4M
ExtendedvsHyperliquid50438.3%8.5%35UNITREE · $1.9M
AstervsExtended4922.0%9.7%34ZEC · $4.3M
BitgetvsHTX49138.9%17.7%41BTW · $6.9M
BackPackvsBinance499.4%12.3%39HYPE · $2.4M
BybitvsHTX48196.4%14.7%40BTW · $6.9M
AstervsLighter4887.3%8.4%31MU · $3.7M
BackPackvsMEXC4810.1%12.2%37HYPE · $2.4M
HTXvsOKX4720.6%13.1%41ZEC · $44.2M
BingXvsVariational4629.2%15.3%31AERO · $2.3M
BitgetvsNado4648.7%15.9%37SPCX · $2.7M
BinancevsHTX4615.7%8.7%34SOL · $17.3M
Gate.iovstrade.xyz44253.5%23.8%34KORU · $21.3M
ArcusvsGate.io4422.0%2.0%11DRAM · $2.4M
KuCoinvstrade.xyz43146.2%33.0%35SKHY · $1.5M
BinancevsLighter4329.1%5.7%25LIT · $13.8M
ExtendedvsLighter42169.2%6.4%26SOXL · $2.9M
HyperliquidvsLighter42246.5%17.7%36CASHCAT · $8.4M
ArcusvsBitget4258.8%1.8%7SKHY · $2.9M
BitgetvsOndo Perps4158.6%2.7%12SKHY · $11.8M
NadovsOKX4049.0%12.9%34SPCX · $2.7M
ArcusvsOKX4027.3%2.5%14AMZN · $1.8M
OKXvsOndo Perps3921.4%3.4%13XAG · $4.9M
Gate.iovsNado3949.0%11.8%31SPCX · $2.7M
trade.xyzvsVariational38113.0%20.7%27SKHY · $2.7M
Gate.iovsOndo Perps3831.8%3.0%11XAG · $4.9M
ArcusvsBybit38104.8%1.9%12SKHY · $2.9M
KuCoinvsNado3748.4%13.8%32SPCX · $2.7M
GMTradevsHyperliquid37167.0%5.0%20GOOGL · $12.5M
BybitvsOndo Perps37104.6%3.1%13SKHY · $11.8M
ArcusvsVariational3740.8%1.9%10SKHY · $2.7M
Ondo PerpsvsVariational3740.9%3.2%11SKHY · $2.7M
AstervsNado3648.9%16.4%33SPCX · $2.7M
HTXvsKuCoin3617.2%14.7%30FIL · $3.7M
HTXvsHyperliquid35111.8%21.2%27SOXL · $2.2M
HTXvsLighter3426.1%7.1%20ZEC · $41.0M
BybitvsNado3448.8%14.7%29SPCX · $2.7M
AstervsOndo Perps3319.5%3.5%12XAG · $4.8M
KuCoinvsOndo Perps334.3%2.7%7SKHY · $1.5M
HyperliquidvsNado3329.6%16.0%28SPCX · $2.7M
ArcusvsKuCoin337.6%1.7%8ZEC · $7.2M
AstervsHTX3144.5%16.9%23SKHYNIX · $6.3M
GMTradevsOKX30170.8%5.6%20GOOGL · $5.9M
ArcusvsAster3017.5%2.1%9ZEC · $7.2M
BitgetvsGMTrade29171.5%5.4%18GOOGL · $4.3M
BingXvsHyperliquid2950.8%14.6%22NIL · $6.1M
Astervstrade.xyz28109.1%24.9%20SOXL · $3.3M
HyperliquidvsRisex2826.4%8.6%18HYPE · $4.0M
ExtendedvsGMTrade28171.1%7.4%22GOOGL · $3.5M
Gate.iovsRisex2868.9%11.5%20SKHYNIX · $1.2M
ArcusvsRisex2829.8%2.7%12HYPE · $4.0M
LightervsRisex2825.2%5.8%16LIT · $1.2M
ExtendedvsNado2749.4%17.0%23SPCX · $2.7M
ExtendedvsMEXC2731.1%10.1%20ZEC · $4.3M
GMTradevsLighter26168.4%6.4%23GOOGL · $9.9M
Gate.iovsPacifica25220.3%6.7%20DRAM · $8.3M
AstervsGMTrade2516.8%5.3%14BZ · $3.9M
GMTradevsKuCoin2542.2%5.8%16BZ · $1.6M
NadovsRisex2549.1%13.5%19SPCX · $1.2M
MEXCvsNado2518.8%6.5%17LIT · $2.0M
BinancevsNado2518.0%7.6%15LIT · $2.0M
BitgetvsPacifica2544.7%6.7%19MU · $74.3M
Lightervstrade.xyz2540.9%10.4%18DRAM · $2.8M
Ondo PerpsvsRisex2529.8%3.8%9HYPE · $1.2M
HyperliquidvsOndo Perps24152.9%39.0%21SKHY · $11.8M
Ondo Perpsvstrade.xyz24156.1%38.0%22SKHY · $11.8M
GMTradevsNado2447.4%6.8%20SPCX · $2.7M
BybitvsGMTrade24171.5%5.9%16GOOGL · $5.2M
BingXvsGMTrade2412.6%5.3%13ZEC · $40.7M
GMTradevsVariational23170.8%5.4%16GOOGL · $1.1M
OKXvsRisex2337.8%11.7%18CL · $2.0M
BingXvsLighter2234.4%10.6%18TIA · $1.1M
GMTradevsMEXC2217.2%6.8%15XPT · $1.4M
HTXvsVariational2226.0%12.1%19ZEC · $20.1M
HTXvsNado2249.1%14.2%18SPCX · $2.2M
ExtendedvsRisex2230.5%9.0%14HYPE · $4.0M
OKXvsPacifica21191.1%9.1%18DRAM · $9.5M
GMTradevsPacifica21155.6%4.4%8GOOGL · $12.5M
BitgetvsRisex2143.5%15.0%15SKHYNIX · $1.2M
NadovsPacifica2124.8%15.0%16SPCX · $2.7M
Gate.iovsSodex2122.1%3.9%10CL · $5.7M
RisexvsVariational2124.2%14.7%13CL · $2.0M
KuCoinvsPacifica2144.1%6.1%14MU · $12.5M
VariationalvsVest2123.2%7.6%13BZ · $6.1M
BybitvsPacifica2119.6%6.8%16WLD · $158.7M
LightervsOndo Perps2092.1%9.4%14MU · $8.8M
Gate.iovsGMTrade20161.4%5.7%13GOOGL · $4.1M
BybitvsRisex2019.4%14.1%17ZEC · $1.9M
Gate.iovsVest2042.3%8.0%13BZ · $37.9M
OKXvsVest2032.7%13.5%17BZ · $60.5M
BinancevsExtended2030.4%9.0%14ZEC · $4.3M
PacificavsVariational1916.9%7.0%15WLD · $5.8M
GMTradevsHTX1912.7%5.6%10ZEC · $40.7M
BybitvsVest1936.2%11.3%14BZ · $16.5M
LightervsPacifica1976.0%5.1%10DRAM · $2.8M
ArcusvsMEXC1910.6%9.0%15SOL · $11.2M
MEXCvsVest1912.7%8.9%13AVAX · $165.9M
PacificavsRisex1929.6%7.3%15HYPE · $2.3M
GMTradevsRisex18171.4%8.2%13GOOGL · $1.4M
GMTradevsOndo Perps18164.8%4.8%9GOOGL · $2.4M
BackPackvsRisex1829.5%11.8%13HYPE · $2.4M
BingXvsNado1825.7%13.4%14ZEC · $12.8M
KuCoinvsRisex1829.0%9.7%13BZ · $1.2M
AstervsPacifica1816.5%6.5%13HYPE · $2.3M
HTXvsRisex1829.5%11.7%14HYPE · $2.3M
MEXCvsRisex1818.3%8.7%11HYPE · $4.0M
MEXCvsPacifica17191.8%7.9%13DRAM · $9.8M
ArcusvsGMTrade17167.1%6.0%13GOOGL · $4.7M
BitgetvsSodex1745.9%5.3%10CL · $5.7M
BitgetvsVest1737.9%6.1%9ZK · $1.0M
AstervsRisex1732.9%8.6%11CL · $2.0M
BinancevsRisex1717.6%9.4%12HYPE · $4.0M
ArcusvsHyperliquid16153.1%25.4%14SKHY · $2.9M
HyperliquidvsVest1672.3%20.4%14ARM · $3.9M
KuCoinvsVest1648.4%13.6%14BZ · $1.6M
ArcusvsBinance1610.0%8.5%11SOL · $11.2M
BinancevsGMTrade1615.8%5.3%9GMX · $2.4M
HyperliquidvsOstium15144.5%13.6%11SKHY · $106.1M
KuCoinvsSodex1515.1%6.3%8CL · $3.5M
BinancevsPacifica1515.5%7.1%10SOL · $14.1M
MEXCvstrade.xyz14436.7%65.0%14UNITREE · $1.9M
Extendedvstrade.xyz14436.0%38.6%12UNITREE · $1.9M
GMTradevsVest147.0%6.4%13BNB · $15.7M
OKXvsSodex1442.7%8.0%9CL · $5.7M
HyperliquidvsPacifica1433.9%3.2%4DRAM · $132.3M
SodexvsVariational1429.6%4.1%6CL · $5.7M
BingXvsRisex1427.7%9.1%10HYPE · $4.0M
OstiumvsVariational1414.7%5.2%7AMZN · $1.8M
Ostiumvstrade.xyz13147.5%15.7%9SKHY · $106.0M
ExtendedvsPacifica13191.6%5.8%10DRAM · $1.5M
Arcusvstrade.xyz13156.3%31.3%11SKHY · $2.9M
ExtendedvsOndo Perps1335.6%6.8%7XAG · $4.9M
BinancevsVest1338.7%8.5%10ZK · $14.9M
MEXCvsOndo Perps129.9%6.9%7HYPE · $1.2M
OKXvsOstium1232.4%11.0%7BMNR · $1.4M
ArcusvsPacifica1118.2%2.5%2SNDK · $23.0M
Risexvstrade.xyz1017.3%6.1%6SPCX · $1.2M
ArcusvsLighter1029.8%7.2%8LIT · $3.0M
BybitvsOstium1044.6%4.9%5NFLX · $3.4M
GMTradevstrade.xyz10165.9%4.6%4GOOGL · $12.5M
ExtendedvsOstium1033.7%12.3%9WTI · $15.5M
BingXvsSodex1021.6%7.1%6ZEC · $12.4M

Listed pairs share at least 10 markets, of which at least 5 carry $1M or more of 24h volume on the smaller leg — the leg that actually caps position size. Pairs below that still appear in the scanner; they just do not have enough behind them to justify a page in search results.

Why the pair matters more than the coin

A funding spread is not a property of a coin — it is the difference between what two exchanges pay for the same exposure. The same market can be worth trading between one pair of venues and worth nothing between another, because fees, funding intervals and book depth all differ per venue.

Picking the pair first fixes the constraints

Which two accounts you need funded, what the round-trip fee is, and how much size the thinner book supports. Per-coin detail lives on the funding rate pages, per-exchange detail on the exchange pages.