Smartbitrage

Funding rate analytics for crypto traders. Real-time arbitrage data, historical insights, and edge detection.

[Smartbitrage @smartbitrage]

Same token ($SUI), two exchanges, opposite funding rates — averaging ~34% APR over the last 15 days.

Long @Backpack (negative) + Short @extendedapp (positive) → no directional exposure.

Discover more funding arb opportunities at https://t.co/QgY04xIlaR

[Smartbitrage @smartbitrage]

See this chart? Same token (WLD), two exchanges, completely opposite funding rates.

That's ~49% APR over the last 31 days, no directional exposure.

Discover more funding arb opportunities at https://t.co/QgY04xIlaR

[Tom DeFi @TomCryptoDefi]

Smartbitrage just deployed new features on their app.

As I mentioned in several articles and posts, @smartbitrage is my main tool for finding funding opportunities for my delta-neutral strategies.

It gives me everything I need:

• Funding APR across different timeframes
• Spreads between DEXs
• Arbitrage opportunities
• Historical data to evaluate stability

Basically, it saves me hours of manual research.
And now they've added 3 new features:

👇

[Smartbitrage @smartbitrage]

Introducing Deep Token Funding Analysis.

We have expanded our platform to give you a complete view of token-specific data.

• Historical APRs & Heatmaps
• Real-time anomaly detection
• Optimal Long/Short execution
• 1-click chart exports

Explore the $HYPE dashboard here:
https://t.co/OMEXqPcEdv

[Tom DeFi @TomCryptoDefi]

Being profitable with Delta Neutral is much more than chasing crazy APR.

If you do that, you’ll probably end up losing money.

When farming @extendedapp and @variational_io (the perp DEXs I’m most focused on), going for very low OI pairs can help.

But it’s not the magic solution.

Low OI often means brutal slippage, and there goes your profitability.

The 3 real keys to profitable Delta Neutral are:

• Positive funding rates
• Favorable spread
• Sufficient liquidity

Miss one of those, and your edge disappears.
Today there are many tools to check individual metrics, but I’ve only found one that combines all of them properly:

@smartbitrage

Spread, volume and oi are only "pro" features, you can get a 10% discount using the code "TOM".

[Smartbitrage @smartbitrage]

@TheDeFinvestor Great strategy 🙌🏼

[The DeFi Investor 🔎 @TheDeFinvestor]

I still believe that farming perps DEXs is one of the best things you can do now.

My strategy to do it profitably:

> Pick 2-3 DEXs you want to farm
> Go to @smartbitrage or Loris Tools
> Click on "Platforms" and select only the exchanges you are farming
> Select "Live" to see the top funding rate arbitrage opportunities between them
> Pick a known altcoin from that list and open a delta-neutral position following the instructions shown
> Once the funding rate difference is gone, close the trade (the trade duration can vary from a few hours to a few days)

I've been doing this for many months, and it paid off with the Lighter airdrop.

Right now, for instance, you can long BERA on Paradex and short it on Extended. This will earn you 113% APR until the funding rate difference disappears.

What's great about this is that the money you make from funding rates can easily cover your trading fees and spread costs, and leave you with a nice profit.

My highest conviction perps DEX airdrop is Extended, which promised to airdrop 30% of its token supply at TGE.

I'm farming it by generating trading volume via funding rate arbitrage between Extended, Variational, GRVT, and Paradex. (you can find a link to them in the 2nd tweet below)

A few tips to maximize your earnings and some risk management rules:

• Use cross-margin mode and make sure the liquidation price of your shorts is over 2.5x of the current token price
• Keep your "Cross account leverage" below 4-5x
• Set stop losses near liquidation levels to prevent getting liquidated
• Don't open delta-neutral positions for altcoin pairs where the slippage is above 0.1-0.15%
• Don't use this strategy for memecoins that are highly volatile, as you don't wanna get liquidated
• Before opening a position, make sure that the price spread for the same asset between DEXs is small

The truth is that the market conditions are absolutely horrible right now, and I don't see the point in trying to catch falling knives.

But with a strategy like this one, you can make money in any market conditions.

[Smartbitrage @smartbitrage]

More data on https://t.co/QgY04xIT0p

[Smartbitrage @smartbitrage]

Be early on @nadoHQ

Nado is now supported on Smartbitrage, with some funding rate opportunities reaching +50% APR over the last 24h.

👇24h snapshot below👇

[Smartbitrage @smartbitrage]

@FerriInvests Great video Ferri! 🙌🏼

[Ferri Invests @FerriInvests]

Nuevo vídeo en el canal!

Como usar @smartbitrage?

No te pierdas este tutotial paso a paso!
👇🏼

https://t.co/NJVnehTySi

[Smartbitrage @smartbitrage]

@Ferridistroyer @johnN5c @nil96ea @Lighter_xyz As soon as they release their API!

[Smartbitrage @smartbitrage]

@Lukasztorun @pacifica_fi Try different browser

[Smartbitrage @smartbitrage]

We’re excited to announce the integration of @pacifica_fi into Smartbitrage.

You can now stack points and earn from Pacifica funding rates in real time.

Discover new arbitrage opportunities today: https://t.co/3tdcrRPRe9

[The DeFi Investor 🔎 @TheDeFinvestor]

Farming Extended + Paradex is my favorite combo for perps airdrop meta

Both of them:

• confirmed a big airdrop (Extended will airdrop 30% of its supply and Paradex 20% of its supply at TGE)
• still have growth potential (Extended ranks #10, and Paradex ranks #11 among perps DEXs)
• announced their TGE timeline (Paradex TGE is coming in Q1 2026 and Extended TGE in H1 2026)
• have a stacked roadmap (they'll release spot trading, multiple collateral types, and much more)
• are great platforms in terms of UX

I've seen rumors on CT that @paradex raised money at $1 billion FDV from VCs.

Meanwhile, @extendedapp is rumored to be integrated by Revolut in the future (its CEO was the head of Revolut Crypto).

If these things actually prove to be real, their airdrops could be worth a lot.

You can use my links for points boosts + lower fees:

Paradex (points boost + no trading fees)
https://t.co/evmOZ2LaHS

Extended (10% points boost + 10% lower fees)
https://t.co/TCKgnspZBW

The best way to farm them in my view is using a delta-neutral strategy. For example:

long JUP on Paradex and short it on Extended with the same size

You can use a website like @smartbitrage to find good funding rate arbitrage opportunities between them.

A few tips to get more points:

• keep some positions open overnight (open interest matters a lot on both)
• Trading volatile altcoins (not just BTC/ETH) will give you more points on Paradex
• wait at least a few hours before closing your trades
• use limit orders

We have only a few weeks left until Lighter TGE.

Once people see how much money Lighter's early adopters made, the trading volumes of Extended and Paradex are likely to skyrocket.

Farming perps DEXs is a no-brainer strategy.

[Smartbitrage @smartbitrage]

@risk_taker88 @LorisTools Our pro plan display price differences

[Smartbitrage @smartbitrage]

@TheDeFinvestor Excellent guide! 🫡

[The DeFi Investor 🔎 @TheDeFinvestor]

My strategy to farm perps DEXs while earning 50%+ APR on my capital

1. Go to @smartbitrage app
2. Click "Live" and then "platforms" to select Extended, Lighter, and Paradex
3. Then check the top funding rate arbitrage opportunities by APR
4. Pick a popular token from that list (e.g. IP, JUP) and then open a delta-neutral position for it by opening a long and a short position
5. Close it once the funding rate difference between exchanges disappears

With this strategy, you can easily farm perps airdrops (even if you're not a trader) while earning a nice yield from funding rates.

The goal is to generate as much trading volume as possible to get points.

Here's an example for Sonic's $S token:

SmartArbitrage platform shows that if you long S on Paradex and short it on Extended, you'll earn 75% APR from funding rates atm.

All you have to do is follow these instructions and then close the delta-neutral position when it's no longer profitable. (when the APR turns negative)

I've been farming a lot of perps DEXs over the past few months in this way, including Lighter, Extended, Paradex, and Variational.

My highest priority perps airdrops are currently Extended and Paradex.

Use my invite links for points boosts:

Extended (points boost + lower fees)
https://t.co/M6F8W2Clqp
Paradex (points boost + 0 trading fees)
https://t.co/evmOZ2LaHS

I'm farming them primarily for 3 reasons:

• Both DEXs confirmed a high airdrop allocation (Extended will airdrop 30% of its token supply, and Paradex will airdrop 20%)

• Their TGE timeline has been announced

Extended TGE is coming in H1 2026, and Paradex TGE is expected in Q1 2026.

• They still have a lot of room to grow, and their points are not hard to farm (yet)

In comparison, Lighter is processing 14x more trading volume than Extended and 10x more volume than Paradex.

Once Lighter launches its token in Q4 and makes a lot of ppl rich, I expect the volume of Extended and Paradex to skyrocket.

I believe that tokenless perps DEXs are the best airdrop opportunities right now.

[Smartbitrage @smartbitrage]

@DidiTrading easier with https://t.co/QgY04xIlaR

[Smartbitrage @smartbitrage]

@GohanLibertee

[Smartbitrage @smartbitrage]

New Feature: Pinned Exchanges

You can now filter all opportunities by a single exchange — just pin it to focus only on the exchange you choose.

[Smartbitrage @smartbitrage]

We are aware of a token named SMARTBITRAGE on pumpfun.

It has no connection to Smartbitrage. We will never launch a token.