FA
Template - must be reviewed by counsel before launchThis text is a working draft, not legal advice and not yet binding. Highlighted values such as {{COMPANY_NAME}} are placeholders filled in once, in src/lib/site.ts.

Risk disclosure

Effective {{EFFECTIVE_DATE}} · Funding Arbitrage Scanner is operated by {{COMPANY_NAME}}, {{REGISTERED_ADDRESS}}, {{JURISDICTION}}.

Read this before acting on anything you see in Funding Arbitrage Scanner. Funding and basis trades are often described as "market neutral" or "low risk". They are neither risk-free nor guaranteed. You can lose money, including more than the figures suggest.

1. Not advice

The service shows data and estimates. It does not know your finances, goals or experience and does not tell you what to do. Nothing in it is investment, financial, legal or tax advice or a recommendation. If you need advice, ask a licensed adviser.

2. The figures are estimates

  • Net APR, net profit and break-even assume today's funding rate, fees and order-book depth stay the same for the whole holding period. They will not.
  • Slippage is modeled from visible depth near the mid price; your real fills depend on timing, hidden liquidity, order type and other traders.
  • Fees are taken from venue fee schedules at a standard tier; your account's fees, rebates, borrowing costs and withdrawal fees may differ.
  • Data can be delayed, missing or wrong. Data-quality checks remove many bad quotes but cannot catch every error. Some plans show figures delayed or rounded.
  • Scores (stability, liquidity, venue tier, composite) summarize past data with fixed weights. A high score is not a prediction or a safety rating.
  • Simulated (paper) positions estimate what funding would have paid; they ignore many real costs and are not a record of real results.

3. Funding can fall or turn negative

Funding rates change every interval, often sharply, and can flip sign. A short perpetual that was being paid can start paying instead. High funding usually comes with crowded positioning and tends to revert. Past funding, including the 7-day realized figures, does not predict future funding.

4. Leverage and liquidation

Perpetual and futures legs are margined. A fast price move can liquidate one leg while the other stays open, turning a hedged trade into an unhedged one at the worst moment. Venues can also reduce your position automatically (auto-deleveraging) or change margin requirements without notice.

5. Execution and basis risk

  • The two legs are rarely filled at the same instant; prices can move between fills.
  • Spreads and futures premiums can widen before they converge, causing losses if you have to exit early.
  • Moving assets between venues (for spot-to-spot trades or rebalancing) takes time and can be delayed or blocked.

6. Exchange and counterparty risk

Trading venues can fail, be hacked, freeze withdrawals, change rules, delist markets, go offline during volatility, or be shut down by regulators. Assets held on a venue are exposed to its solvency. We do not vet venues for safety; the venue tier is a coarse risk label, not an endorsement.

7. Stablecoin and blockchain risk

Stablecoins (including those used to pay for plans) can lose their peg, be frozen by their issuer, or become unavailable on a network. Blockchain transfers are irreversible; a payment sent to the wrong address, with the wrong token or on the wrong network may be lost.

8. Legal, regulatory and tax risk

Crypto-asset derivatives are restricted or prohibited in some countries and for some types of investors. Rules change. Funding payments, basis gains and stablecoin payments may be taxable. You are responsible for checking what applies to you.

Counsel to confirm: regulator-specific risk wording required in each target market, and whether a risk acknowledgement must be collected at sign-up.

Only trade with money you can afford to lose. See also the terms of service.