Perps Intelligence | Find funding arbs. Build your own terminal. Track 43+ venues in real time. Heatmaps, advanced charts & historical data API.
Find Funding Arbs 馃憠
Joined September 2025
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Loris Tools retweeted
@entropyIO only launched in august. it's already #2 of the 10 HIP-3 dexs on Hyperliquid by open interest
6 of those 10 have zero live markets right now
i pulled every HIP-3 deployer from the Hyperliquid API today:
1. trade[XYZ] - $3.87b OI, 116 live markets
2. Entropy - $78m OI, 11 live markets
3. Paragon - $17m
4. Kinetiq - $10m, 5 live markets (its first dex had 23, all delisted)
5. Felix, Ventuals, dreamcash, HyENA, ABCDEx - 0
XYZ holds 97.3% of all HIP-3 open interest, Entropy 2%. Felix went after gold, oil and silver, the same markets XYZ already owned, and shut down in june
Entropy did the opposite. it lists what XYZ doesn't:
> io:ANTH - $48.2m OI
> io:OAI - $7m
> io:PRL - $5.2m
that's ~78% of its open interest in markets no other HIP-3 dex has. its own NVDA market is already delisted
Ventuals had Anthropic and OpenAI too. it settled them and shut down in june. Entropy went live two months later and is now the only HIP-3 venue where you can trade either
on HIP-3 you don't win by copying XYZ. you win by listing what it won't
invite code if you want the rebate: chewadoteth
Loris Tools retweeted
how to actually trade on perp dexes and get paid to trade
once you start farming funding arbitrage, there's no going back, you can print money
here's a list of tools
1) @LorisTools
- funding screener across hyperliquid, lighter, paradex, aster, edgex, variational
- tells you which to long or short
2) arb.sh/
- best funding pairs and extreme rates across ~62 perp venues
- sort by oi. thin rwa prints
3) perpia.xyz/
- 25 dex + 8 cex. net apr after fees, entry spread, how old the gap is
- quality rank first. gross apr lies
4) defitier.com/en/funding/
- delta neutral simulator with break even days on the spread
- if break even is longer than the gap has lived, skip it
5) yieldo.me/funding
- hyperliquid, aster, edgex, lighter, pacifica next to the cexes
- annualizes mixed intervals so a 1h print and an 8h print are the same object
you need to monitor things, don't get liquidated while farming lol
will make a detailed step by step guide tomorrow
Loris Tools retweeted
The people want RWAs.
We've agreed for a year. They already hold ~$3.2B open on @tradexyz via @HyperliquidX.
The last @Kalshi perp held $3.1M open on $539M of daily volume.
Post the US500 open interest when there is some.
Do not wake @icobeast before then.
cc @beniduboss
Loris Tools retweeted
So many >100% APY opportunities
These are all funding rate arbitrage opportunities possible through @QFEX and other perp venues
Check what RWA funding rate arbitrage you can find on @LorisTools or @perpdexlist
Loris Tools retweeted
The total number of trades on @tradexyz has surpassed 200,000,000.
Of these, 1,043,429 were liquidations.
Loris Tools retweeted
馃搳@Outcomexyz volume has surpassed $54M.
The first permissionless HIP-4 has now crossed this milestone.
Loris Tools retweeted
馃毃 @tradexyz revenue has surpassed $33M, with the same amount used to buy back and burn hyperliquid:native.
Loris Tools retweeted
if you haven't started farming Variational even harder right now, I don't know what you're doing in perp DEXes
top delta-neutral setups for max points:
> Var + QFEX: new accounts trading Sept 28 - Oct 4 have a 20% chance to cover 100% of negative PNL on QFEX + S0 points on QFEX
> Var + Ondo: you cover part of the fees through weekly Ondo rewards
also recommend checking funding rates on @LorisTools to pick the optimal pairs
points hitting $30+ on OTC soon
$1B FDV is literally the bear case now
gVar
Loris Tools retweeted
How did I find the opportunity?
Mostly FAFO.
Watching markets, testing things, and looking at behavior that didn鈥檛 make sense.
@LorisTools also helped a lot with discovering and monitoring the opportunity.
Loris Tools retweeted
As crypto markets wake up, there are lots of juicy funding trades available on @PhoenixTrade.
Check out our docs or DM me directly to get started!
docs.phoenix.trade/
