Funding arb · Price arb /

SIGN

all SIGN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h −0.035%

Price spread now: ApeX Omni against Binance−0.135%59s7-day average +0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1011.008% of the position

Long on Binance Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 3 days (all we have)+0.085%+$9 · spread now −0.135%, 7d avg +0.019%

Together, before fees+0.095%+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.154% cheaper against Binance than usual: you would sell low and buy high (spread −0.135% now, against its 7-day average of +0.019%). If the spread goes back, that is −$15 on $10k: about 42 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.010% in total) that is about 3 months. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SIGNUSDT	0.01216	0.0050	pay 0.0025% / 4h	1h 08m	$2.4M	$1.7M	25x
Short	ApeX Omni SIGNUSDT	0.01214	0.0062	get 0.0008% / 1h	8m 32s	$30K	$661K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee ApeX OmnibpOrdersPrice spread, now −0.135%Rate

Funding earned: $2.55
Price spread: −0.135% → +0.019%: −$15.36
Slippage, 4 orders: −$80.79
Fee Binance: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$113.6
Costs to cover: 1.008%
Break-even: 318.9 days

Slippage from Binance: live order book, 11 min ago; ApeX Omni: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 11 min ago	2.06 bp	23.4 bp −$23	166.9 bp −$1,669	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 10 min ago	12.37 bp	22.3 bp −$22	doesn't fit	doesn't fit	doesn't fit

SIGN on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SIGN	−0.0410%	4h	0.01212	−0.325%	$83K	$2K	—	as long as short
Aster SIGNUSDT	−0.0156%	4h	0.01215	−0.044%	$10K	$4K	5x	as long as short
MEXC SIGN_USDT	+0.0048%	4h	0.01216	−0.003%	$12.3M	$120K	20x	as long as short
Binance SIGNUSDTlong	+0.0050%	4h	0.01216	long leg	$2.4M	$1.7M	25x
ApeX Omni SIGNUSDTshort	+0.0062%	1h	0.01214	−0.135%	$30K	$661K	50x
Bybit SIGNUSDT	+0.0100%	4h	0.01214	−0.168%	$2.2M	$435K	25x	as long as short
OKX SIGN-USDT-SWAP	+0.0100%	4h	0.01215	−0.036%	$659K	$327K	20x	as long as short
Gate SIGN_USDT	+0.0100%	4h	0.01212	−0.299%	$93K	$36K	25x	as long as short
KuCoin SIGNUSDTM	+0.0100%	4h	0.01216	+0.030%	$1.5M	$17K	25x	as long as short
Bitget SIGNUSDT	+0.0100%	4h	0.01216	−0.003%	$935K	$174K	25x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SIGN-USDT	+0.0100%	4h	0.01215	−0.061%	—	$6.6M	—	as long as short
BloFin SIGN-USDT	+0.0103%	4h	0.01214	−0.094%	$124K	$17K	25x	as long as short