The funding rate terminal
traders actually use.
Live funding rates and a cross-exchange arbitrage scanner across Major CEX + DEX perpetuals venues. Free. No signup required.
Everything in one view.
Funding rates and arbitrage — all connected. No tab switching.
Three tools. One edge.
Everything a funding rate trader needs — from discovery to execution.
Every major exchange. One dashboard.
Every major CEX and DEX perpetuals venue in real-time.
Open the terminal →
Real-time data. Real edge.
Frequently asked questions
What does the funding rate number mean?
The number shown is the funding rate normalized to an 8-hour equivalent. For example, “+0.05%” means long positions pay 0.05% of their position size to shorts every 8 hours. DEX hourly rates are multiplied by 8 so all rates are directly comparable.
How does the arb scanner find opportunities?
It normalizes all funding rates to 8h, then compares each asset across all exchanges. When the spread exceeds your threshold, it highlights the pair. You go long on the exchange with the lower rate and short on the higher. The scanner updates every 30 seconds.
Can I lose money from funding rates?
Yes. If you hold a long position and the funding rate is positive, you pay funding every interval. At +0.05% per 8h, that is about 0.15% per day or roughly 55% per year. Monitoring rates helps you avoid expensive positions or flip to the earning side.
Is Usenami free?
Yes. The funding rate screener, heatmap, arb scanner, and all exchange and asset pages are free with no signup required. A REST API is also available for developers.
Stop guessing.
Start trading with data.
Use Usenami to find funding rate alpha across every major exchange. Free. No account needed.