Funding Radar turns perpetual-futures funding into a plain, actionable list. It is built around one of the most reliable strategies in crypto — delta-neutral funding carry: earning the funding payment while staying neutral to price. The Radar tells you, per coin, what to do, where, how much you collect, and when the next payout lands.

⚠️ Educational, not financial advice. Funding carry is a calm, steady yield — not a "3x in 4 months" scheme. Rates change every period and fees/liquidity eat into returns.

A perpetual future ("perp") has no expiry, so exchanges use a funding rate to keep its price tied to spot. Every funding period (usually 8 hours) one side pays the other:

• Funding positive → longs pay shorts. To receive it, you want to be short the perp.
• Funding negative → shorts pay longs. To receive it, you want to be long the perp.

On its own, holding that perp exposes you to price. The trick is to cancel the price risk with a second, opposite position — that is the "delta-neutral" part.

Example with positive funding (the most common case):

• Leg 1 — spot: buy the coin on the spot market (you are long the asset).
• Leg 2 — perp: open a short on the perpetual for the same size.

Now price is neutralised: if it rises, spot gains and the short loses the same — net zero; if it falls, the mirror happens. Meanwhile you collect the funding payment every period. For negative funding you flip it: short the spot / hold a long perp (or simply do the reverse where your venue allows).

The Radar always shows the direction for the perp leg in the Action column — SHORT perp or LONG perp— and the exchange with the strongest funding for that coin.

• Action — the move: SHORT perp @ exchange or LONG perp @ exchange. The Radar already picked the venue with the fattest funding for the coin.
• Funding / period — the funding rate for a single period (typically 8h). Signed: + means longs pay, − means shorts pay.
• Est. APR — that same rate annualised, using the coin's real funding interval. It assumes the rate holds — a snapshot, not a promise.
• Interval — how often funding is charged (8h for most pairs).
• Next payout — a live countdown to the next settlement. Enter before it to be in position for the payment.
• Per $1k — how much you collect on a $1,000 position in one period.
• Click a row — expands a chart of that coin's funding history, so you can see whether the rate is stable or spiking.

• The Radar watches funding for you and sends a Telegram alert when a strong opportunity is close: high annualised rate and a payout coming up soon.
• Each alert names the coin, the direction (SHORT/LONG perp), the exchange, the rate, the estimated APR and the minutes to settlement.
• You never have to sit and watch the table — the alert tells you exactly when the window opens.

• Funding changes. A high APR can shrink or flip by the next period — that's why the history chart matters. Treat APR as a snapshot.
• Spot liquidity. Small coins may not have deep spot for the second leg. Thin spot makes the neutral hedge harder and more expensive.
• Fees. Opening and closing two legs costs trading fees; over a short hold they eat into the funding you collect.
• Execution & margin. The two legs must be sized to match; watch liquidation margin on the perp leg during sharp moves.
• Not a get-rich-quick trade. Realistic funding carry is steady single-to-double-digit yield — sustainable, not explosive.

Good setup

• Strong, stable funding on the history chart (not a one-off spike)
• Enough spot liquidity to build the opposite leg
• You enter before the "Next payout" countdown hits zero
• Position sized so fees are small vs. the funding you collect

Skip it

• Rate spiking wildly on the chart (likely to vanish next period)
• No real spot market for the hedge leg
• Tiny position where two-leg fees outweigh the payout