Funding rate is a periodic payment between long and short holders on perpetual futures. Rates differ between exchanges, creating arbitrage opportunities. DeltaZero scans 761+ pairs in real time.
Funding rates change every 8 hours (or more frequently depending on the exchange). Monitoring spreads across 9+ exchanges for hundreds of pairs manually is physically impossible. Opportunities appear and disappear within hours.
Additional complexity: you need to account for fees on both exchanges, liquidity, and position open/close costs. Without automation this is impossible to track.
DeltaZero Arbitrage Finder scans 761+ pairs on 9+ exchanges and calculates:
Net Yield = Funding_A − Funding_B − Fee_A − Fee_B
On exchange A the funding rate is +0.05% every 8h (longs pay shorts). On exchange B it's -0.02% (shorts receive). Open a long on B, short on A. Price movement is neutralized, and the 0.07% spread every 8 hours is your income.
Visualization of all 761+ pairs with filters by net spread, scoring, exchange and liquidity. Found a profitable pair — execute the trade right from the terminal.