Scanner workflow
Funding rate arbitrage scanner for perp traders
Find long/short funding routes, compare the carry, and filter out weak setups before they reach your trading workflow.
What the scanner looks for
A funding arbitrage route pairs a long position on one perpetual venue with a short position on another. The scanner ranks routes where the funding spread may compensate the trader over time.
SypherScore combines raw funding rates with entry gap, exchange availability, stability signals, volume warnings, and backtest shortcuts so the list is not just sorted by headline APY.
- Long venue and short venue shown directly on each card.
- AI score helps prioritize routes worth deeper review.
- Risk labels highlight slippage, low stability, sign flips, and unfavorable entry gaps.
Why AI ranking matters
The highest displayed funding spread is not always the best trade. A route with unstable funding, poor entry, or thin market depth can look attractive and still be impractical.
AI Top Pairs is designed to surface routes that deserve attention first, then route the trader into backtesting and execution tools.
- Use AI Top Pairs for discovery.
- Use Funding for raw venue comparison.
- Use Backtester before turning a route into a position.
Is high APY enough to trade a funding route?
No. APY must be reviewed with entry gap, liquidity, funding stability, execution cost, and exchange-specific risk.
Can the scanner miss temporary opportunities?
Any scanner can miss short-lived dislocations. SypherScore balances broad scans with deeper scans so the site stays responsive while still refreshing opportunities regularly.