Glossary · Funding and perpetuals
Funding spread
The funding spread is the difference between two venues' annualised funding rates for the same coin. If one venue pays 25% a year and another 5%, the spread is 20%: what a position short on the first and long on the second earns before costs, at current rates.
A wide spread is only useful if it lasts long enough to pay back the cost of entering and leaving, which is why the AlgoBee screener shows how many days of funding cover the costs.
See live funding across venues on the free screener