
Telegram bot for funding rate arbitrage research on Binance
When I started learning about funding rate arbitrage — there was plenty of theory, but no convenient tool. Excel sheets, manual symbol research, rough fee estimates scraped together from different sources. So I spent the last few weeks building a bot to fix that. The strategy itself is straightforward: open Long spot + Short futures on the same asset simultaneously. Price goes up — spot gains, futures loses, net zero. Price goes down — opposite, net zero. Every 8 hours you collect the funding payment. Market direction doesn't matter. The hard part is finding symbols worth trading and knowing if the numbers actually work after fees. The bot solves that: Screener across 80+ symbols ranked by yield and stability PnL simulation on real historical data with fees included Countdown timer to next funding payment Basis and spread analytics Stack: Python, PostgreSQL, python-telegram-bot, SQLAlchemy, Binance WS. The bot is live right now if you want to try it. Tag in the README: github.com/lynal
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