Imrek

Digging into funding and turning it into opportunities for you, degen!
Stop chasing APR. Start filtering 👇

[Imrek @Imrek73]

I scanned 16,461 funding arb opportunities today.

I only picked setups with at least one DEX leg:

1. LAB - Bybit / Aster - 71% now / 49% 7d avg
2. H - Gate io / Aster - 210% now / 75% 7d avg
3. QQQ - EdgeX / KuCoin - 168% now / 66% 7d avg
4. GOOGL - Hyperliquid / Bitget - 31% now / 54% 7d avg
5. MON - Sodex / Lighter - 173% now / 55% 7d avg

High APR is easy to find.
A tradable setup is not.

[Imrek @Imrek73]

Backtests:

1. LAB
https://t.co/sXSETR0p9f
2. IN
https://t.co/n04H8cquJz
3. HYPE
https://t.co/PJnO5nONKX
4. LYN
https://t.co/6MkluOfOlg
5. LA
https://t.co/i8NSpk6hHN

[Imrek @Imrek73]

I scanned 13,168 funding arb opportunities today.

Here are 5 setups I’d look at:
1. LAB - MEXC / Aster - 55.6% now / 55.3% 7d avg
2. IN - MEXC / Aster - 98.8% now / 100.5% 7d avg
3. HYPE - BackPack / Risex - 88.9% now / 53.4% 7d avg
4. LYN - MEXC / KuCoin - 175.2% now / 74.4% 7d avg
5. LA - KuCoin / OKX - 34.7% now / 32.6% 7d avg

Still alive. Not just one-hour funding spikes.

APR is easy to find. The filter is the edge.
https://t.co/dlFzM5un4P

[Imrek @Imrek73]

@_rajpoot_mayank @risextrade You can find RiseX funding arb setups on Perpia.

APR, volume, OI, spread and lifetime filters in one place.

[Imrek @Imrek73]

3 funding arb opportunities with >150% Net APR, alive for 48+ hours right now.

GME: Lighter / trade xyz - 174.72% Net APR (1D avg: 218.84%)
MU: Kinetiq / Sodex - 482.89% Net APR (1D avg: 57.57%)
CL: Sodex / EdgeX - 214.77% Net APR (1D avg: 85.84%)

Volume and OI filters passed.

Most scanners missed them because they update too slowly.

https://t.co/dlFzM5un4P

[Imrek @Imrek73]

@inno_ox @xStocksFi @sanctumso @onrefinance @kamino @jup_lend USDC on Aave in the Mantle network yields over 7% APY.
What could be safer?

[Imrek @Imrek73]

@Habibxweb3 I mainly farm perps with strong funding and the most interesting setups.
Points are never guaranteed.
Funding is the part that helps protect the strategy from going negative if the points don’t end up paying.

[Imrek @Imrek73]

A 300% APR opportunity that lived for 8 minutes can be worse than a 40% APR opportunity that stayed alive for 3 days.

Funding arb is not only about peak APR.
Duration, stability and entry cost matter.

[Imrek @Imrek73]

Want to farm xStocks points while earning at the same time?

The xStocks funding scanner is almost ready and will be released soon.

How it works:
1. Buy an xStocks token on Solana. The easiest way is through Jupiter.
2. Open a short position on the venue where shorts are paid funding.
3. Deposit xStocks as collateral on Kamino and borrow USDC. Current borrow incentives can reduce, or even offset, the borrow cost.

This creates several earning layers:
• xStocks points
• funding from the short leg
• Kamino borrow incentives
• optional yield on borrowed USDC
The goal is simple: find xStocks setups where points farming and funding yield work together.

Scanner coming soon...

[Imrek @Imrek73]

APR is only the headline.
In funding arb, the real question is:
Am I actually making money?

That’s why I built the Perpia personal dashboard:
• earned funding
• long / short leg breakdown
• costs
• next funding countdown
• settlement history
• net profit

Track the trade, not just the APR.
https://t.co/dlFzM5un4P

[Imrek @Imrek73]

When farming arb, do you only use DEX perps, or also pair with CEX futures?

[Imrek @Imrek73]

CEX: Binance, Bybit, OKX, Bitget, KuCoin, MEXC, GateIO, BingX

DEX: Hyperliquid, dYdX, Aster, Vest, Variational, Extended, Paradex, Backpack, Pacifica, Lighter, edgeX, GRVT, Tradexyz, Ostium, Sodex, GMtrade, Nado, Hyena, 01, Apex, Ethereal, DreamCash, Kinetiq, RiseX, Hibachi

[Imrek @Imrek73]

Funding rates across 33 perp venues (CEX + DEX) — 14,000+ arbitrage ideas in one scanner.

Free, no signup. Telegram alerts on APR spikes.

New: RiseX, Trade xyz, Kinetiq, 01...

https://t.co/geHDvo3IVm

Full venue list 👇

[Imrek @Imrek73]

@Askeridze08 Thanks! Tricky — spread is 5-min snapshots but spikes within seconds (funding settlement, liquidations). A naive line chart would smooth those over and mislead about real entry cost.

[Imrek @Imrek73]

New update: RiseX is now available on Perpia.

You can now search for funding arbitrage opportunities on one of the most promising new perp DEXs.

Find long/short setups, compare funding rates, check liquidity, spreads, volatility, and trade costs — all in one place.

Try it on https://t.co/dlFzM5un4P

[Imrek @Imrek73]

Why are you still not farming funding rates?

[Imrek @Imrek73]

For a perp DEX, pair count is useful, but liquidity depth matters more.

A venue with 400 pairs but thin books on most of them is less useful than a venue with 30–50 pairs where spreads are tight and size can actually be executed.

I see the same thing when comparing funding opportunities: the best setup is not always on the exchange with the most markets, but on the one where funding, spread, OI, and executable liquidity line up.

More pairs help discovery. Liquidity decides whether the trade is real.

[Imrek @Imrek73]

@EthanDeFi_ Why on Mantle if it’s 8.37% on Ethereum?

[Imrek @Imrek73]

@Absoluto92 50x leverage.

Do you know what insanity is?

Yes. Yes, you do.

[Imrek @Imrek73]

New scanner update: Open Interest Cap tracking is now live.

Everyone who trades on Hyperliquid has probably seen this message:
“The limit order would be canceled after resting because open interest is capped. Use market orders to close positions.”

Now the scanner shows OI CAP directly in the table before you open the trade.
No more finding a good arbitrage idea, clicking into Hyperliquid, and only then realizing that new short positions are blocked.

Small update, but very useful for avoiding dead trades.