Funding CoinFUNDING COIN · TOOLS & LEARNING
Spot-Perpetual Arbitrage — Spreads & Funding
Compare long spot and short perpetual pairs across exchanges by positive funding or the price difference.
Two modes
Funding mode selects pairs with a positive, current perpetual rate. Price mode compares spot Last with perpetual Mark; the direction remains long spot and short perpetual.
Basis and payments are different
Spot has no funding payments. A short may receive funding at a positive rate and pay at a negative rate. A perpetual has no expiry that guarantees convergence.
Match both sides
Check the asset, contract units and quote currency. USD/USDT/USDC/USDT0 mode compares currencies at nominal 1:1 and is marked ≈; it is not live FX conversion.