{"uid":"cap_-AISZwWjxJhYyx8dXQp7M","slug":"perp-derivatives-signals-cross-venue-funding-spread-91affb3c","name":"Perp Derivatives Signals – Cross-Venue Funding Spread","description":"Cross-venue funding gap for a perp: Hyperliquid vs Binance vs Bybit, normalized per hour and annualized.","url":"https://derivatives.x402tookit.com/funding-spread?utm_source=zero.xyz","method":"GET","headers":{},"bodySchema":{"type":"object","$schema":"https://json-schema.org/draft/2020-12/schema","required":["input"],"properties":{"input":{"type":"object","required":["type","method"],"properties":{"type":{"type":"string","const":"http"},"method":{"enum":["GET"],"type":"string"},"queryParams":{"type":"object","required":["coin"],"properties":{"coin":{"type":"string","description":"Ticker, e.g. BTC, ETH, SOL"}}}},"additionalProperties":false},"output":{"type":"object","required":["type"],"properties":{"type":{"type":"string"},"example":{"type":"object","properties":{"asOf":{"type":["null","string"]},"coin":{"type":["null","string"]},"lowest":{"type":["null","string"]},"source":{"type":["null","string"]},"venues":{"type":["array","null"],"items":{"type":"object","properties":{"venue":{"type":["null","string"]},"annualizedPct":{"type":["null","number"]},"intervalHours":{"type":["null","number"]},"nextFundingTime":{"type":["null","number"]},"ratePerInterval":{"type":["null","number"]}}}},"highest":{"type":["null","string"]},"reasons":{"type":["array","null"],"items":{"type":"string"}},"summary":{"type":["null","string"]},"verdict":{"type":["null","string"]},"degraded":{"type":["boolean","null"]},"sourceUrl":{"type":["null","string"]},"disclaimer":{"type":["null","string"]},"notChecked":{"type":["array","null"],"items":{"type":"string"}},"spreadAnnualizedPoints":{"type":["null","number"]}}}}}}},"responseSchema":null,"example":null,"exampleRequest":null,"tags":["x402"],"displayCostAmount":"0.02","displayCostAsset":"USDC","priceDynamic":false,"priceHint":null,"priceStatus":"priced","priceSource":"probe","requiresHandshake":false,"reviewCount":0,"rating":{"score":"0.00","successRate":"0.00","reviews":0,"stars":null,"state":"unrated"},"availabilityStatus":"unknown","priceObserved":null,"sessionDeposit":null,"pricing":{"kind":"static","summary":"$0.02/call","primary":{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.02","per":"call","confidence":"exact"},"accepted":[{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.02","per":"call","confidence":"exact"}]},"paymentMethods":[{"uid":"pm_ASbzqbkXGpCWhk7kMDsEt","protocol":"x402","methodType":"crypto","chain":"base","mode":"charge","costAmount":"0.02","costPer":"request","priority":0,"asset":"0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913","unit":"request","depositMicros":null,"planRef":null}],"brandName":null,"brandSlug":null,"brandBaseUrl":null,"brandDocsUrl":null,"whatItDoes":"Returns the funding rate gap between Hyperliquid, Binance, and Bybit for a given perpetual, normalized per hour and annualized, with a verdict on which venue is cheapest or most extreme.","exampleAgentPrompt":"What's the funding rate spread for BTC perps across Hyperliquid, Binance, and Bybit right now — show me the annualized rates and tell me which venue is cheapest?","exampleUseCases":[{"title":"Cheapest venue for long ETH perp","prompt":"I'm planning to hold a long ETH perp position for a few weeks — can you compare the annualized funding rates across Hyperliquid, Binance, and Bybit and tell me which venue will cost me the least in funding?"},{"title":"Funding arbitrage scan for SOL","prompt":"Check the cross-venue funding spread for SOL perps — I want to know if there's a meaningful annualized gap between Hyperliquid and Binance that could be worth basis trading."},{"title":"Monitor BTC funding cost before opening position","prompt":"Before I open a short BTC perp, can you pull the current funding rates from all three major venues — Hyperliquid, Binance, and Bybit — and summarize the spread so I know where funding is most favorable?"}],"resultDescription":"Returns a structured object with per-venue funding data (annualized %, rate per interval, next funding time, interval hours), the venue with the highest and lowest rate, the total annualized spread in basis points, a plain-language summary and verdict, a list of reasons explaining the signal, and flags for degraded data or venues not checked.","failureModes":["Invalid or unsupported coin ticker returns null fields or empty venues array","Venue data temporarily unavailable sets degraded=true and populates notChecked array","Rate limiting or payment failure (x402) returns 402 Payment Required","Network timeout from upstream exchange APIs may return partial venue data"],"whenToPreferThis":"Use this endpoint when you need to compare perpetual funding costs across multiple major venues simultaneously rather than checking each exchange individually. It is the right choice for funding arbitrage detection, venue selection for carry trades, or pre-trade cost analysis where cross-venue normalization (annualized, per-hour) is required. Prefer it over single-venue funding endpoints when the spread between exchanges is the signal of interest.","instructions":null,"reviewSummary":null,"reviewSummaryHighlights":null,"reviewSummaryConcerns":null,"reviewSummaryGeneratedAt":null,"activationCount":0,"lastUsedAt":null,"lastSuccessfullyRanAt":null,"lastHealthCheckAt":"2026-10-30T06:32:07.223Z","isFirstParty":false,"canonicalSlug":"perp-derivatives-signals-cross-venue-funding-spread-91affb3c"}