# Market Intelligence API – Funding Carry Trades Screener

> Market Intelligence API – Funding Carry Trades Screener is a paid API for AI agents from api.marketintelligenceapi.com, paid per call via x402, $0.01/call, status unknown (last checked 2026-10-16).

Returns Hyperliquid perpetual markets ranked by funding-carry attractiveness, showing the side that collects funding, 24h average rate, rate steadiness, open interest, on-chain spot hedge availability, and funding spread comparisons vs GMX v2 and gTrade.

## Facts

- Endpoint: GET https://api.marketintelligenceapi.com/api/v1/markets/funding-carry?utm_source=zero.xyz
- Price: $0.01/call
- Payment: x402
- Status: unknown
- Last checked: 2026-10-16
- Activations on Zero: 0
- Tags: x402
- Canonical page: https://www.zero.xyz/c/market-intelligence-api-funding-carry-trades-screener-30b255e1
- Structured record (JSON): https://api.zero.xyz/v1/capabilities/cap_GvRnq75g3zq9PIc8YiO-M

Status and success rate cover calls made through Zero and Zero's own probes. Third-party monitors may report differently.

## How to call it through Zero

Zero handles the 402 payment challenge and records the run. With the Zero CLI installed (`npm i -g @zeroxyz/cli`):

```sh
zero fetch --capability market-intelligence-api-funding-carry-trades-screener-30b255e1
```

Example prompt: Show me the best funding carry trades on Hyperliquid right now — rank all perps by their 24h average funding rate and steadiness, tell me which side collects, whether I can hedge with on-chain spot, and how the funding compares to GMX v2 and gTrade.

## When to prefer this

Use this endpoint when you need a pre-ranked, multi-signal view of Hyperliquid funding carry opportunities across all asset classes (crypto, stocks, commodities) in one call, especially when cross-venue comparison (vs GMX v2 and gTrade) and hedge availability matter. Prefer this over building your own funding screener or querying raw Hyperliquid APIs when you want steadiness-weighted ranking and spot-hedge flags already computed.

## Known failure modes

- Hyperliquid data unavailable — upstream API outage returns empty or error response
- Stale funding data if called during a Hyperliquid network disruption
- No markets returned if funding rates are near-zero across the board
- Payment failure (x402) if USDC balance insufficient for $0.005 fee
- Rate limiting if called at very high frequency

## How this service works

Funding rate carry trades and arbitrage ($0.01): Hyperliquid perps (crypto, stocks, commodities) whose funding pays a hedged position, ranked by 24h average and steadiness, with the side that collects it, open interest, whether on-chain spot exists for the hedge and funding spreads vs GMX v2 and gTrade. Use to find carry.

## Output

A ranked list of Hyperliquid perpetual markets (crypto, stocks, commodities) with: 24h average funding rate, steadiness score, the side that collects funding (long or short), open interest, whether on-chain spot exists for hedging, and funding rate spreads vs GMX v2 and gTrade — sorted to surface the most attractive carry trade opportunities first.

## Request schema (JSON Schema)

```json
{
 "type": "object",
 "$schema": "https://json-schema.org/draft/2020-12/schema",
 "required": [
  "input",
  "output"
 ],
 "properties": {
  "input": {
   "type": "object",
   "required": [
    "type",
    "method"
   ],
   "properties": {
    "type": {
     "type": "string",
     "const": "http"
    },
    "method": {
     "enum": [
      "GET"
     ],
     "type": "string"
    },
    "queryParams": {
     "type": "object",
     "properties": {
      "limit": {
       "type": "integer",
       "default": 20,
       "maximum": 50,
       "minimum": 1,
       "description": "Maximum opportunities"
      },
      "minOiUsd": {
       "type": "number",
       "default": 5000000,
       "description": "Minimum open interest in USD"
      },
      "minFundingAnnualPercent": {
       "type": "number",
       "default": 15,
       "description": "Minimum absolute annualized funding (24h average when available)"
      }
     },
     "additionalProperties": false
    }
   },
   "additionalProperties": false
  },
  "output": {
   "type": "object",
   "required": [
    "type"
   ],
   "properties": {
    "type": {
     "type": "string"
    },
    "example": {
     "description": "Example JSON response returned by this endpoint"
    }
   },
   "additionalProperties": true
  }
 },
 "additionalProperties": false
}
```

## More

- Live health (JSON, refreshed every minute): https://www.zero.xyz/c/market-intelligence-api-funding-carry-trades-screener-30b255e1/health.json
- [Zero catalog index](https://www.zero.xyz/llms.txt)
- [Other services from api.marketintelligenceapi.com](https://www.zero.xyz/host/api.marketintelligenceapi.com/llms.txt)
