MarkoutFunding
Funding carry, net of fees.
Long where funding is low, short where it is high. Net APR after both legs’ fees on every pair, and how many funding payments pay those fees back.
Best pairs now.
Long where funding is low, short where it is high. Net APR over a 7 day hold at the 7 day average rate, after both legs' fees.
Ranked on the 7 day average rate. Snapshot from 11 Nov 2026.
- NATGAS long Paradex short TradeXYZ 108 % net APR, 7 d pays back in 1 h, fees 2.9 bp
- TTWO long TradeXYZ short Paragon 72.6 % net APR, 7 d pays back in 4 h, fees 5.8 bp
- XRP long RISEx short Hibachi 50.1 % net APR, 7 d pays back in 7 h, fees 2 bp
Two legs,
one carry.
Long where funding is lower, short where it is higher. Break even when the accumulated carry covers the fees to open and close both legs.
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Connect
Connect a trade-only key on each venue.
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Pick
Pick a pair by net APR and how past holds ended.
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Launch
Launch both legs with a separate max loss on each.
- Hibachilive
- Hyperliquidcore, TradeXYZ, Entropy, Paragon
- RISExlive
- Extendedlive
- Paradexlive
- GRVTlive
- TxFlowmainnet pending
Questions.
Is it hedged?
Approximately. The two legs are two bots on two venues, each with its own margin and stop. The price can move between them, and one leg can be liquidated before the other: set a max loss on each.
Why net and not gross?
Gross APR ignores the fees to open and close both legs. The net figure takes them out over the hold you choose, at the pair’s average rate of the last 7 days, so one hour’s spike does not lead the list. Next to it you see how many funding payments pay the round trip back and how often past holds of that length ended in profit.
Where are my keys?
Encrypted at rest on our server, trade-only, never returned by the API. They cannot withdraw.