Funding you earn now, next payment 00:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.05 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Binance−0.210%91s7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as 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−$960.956% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 3 days (all we have)+0.325%+$33 · spread now −0.210%, 7d avg −0.017%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.194% cheaper against Binance than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.017%). Swap the legs. The two prices were read 91 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 | 0.01215 | 0.0050 | pay 0.0025% / 4h | 1h 09m | $2.3M | $1.7M | 25x |
| Short | BloFin SIGN-USDT | 0.01212 | 0.0039 | get 0.0019% / 4h | 1h 09m | $124K | $17K | 25x |
Binance SIGNUSDT
BloFin SIGN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.28
- Price spread: −0.210% → −0.017%
- −$19.36
- Slippage, 4 orders
- −$73.65
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$117.29
- Costs to cover
- 0.956%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 63 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, 10 min ago | 2.06 bp | 23.4 bp −$23 | 166.9 bp −$1,669 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 63 min ago | 3.68 bp | 18.6 bp −$19 | 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 | −0.236% | $83K | $2K | — | as long as short |
| Aster SIGNUSDT | −0.0159% | 4h | 0.01215 | +0.036% | $10K | $4K | 5x | as long as short |
| BloFin SIGN-USDTshort | +0.0039% | 4h | 0.01212 | −0.210% | $124K | $17K | 25x | |
| MEXC SIGN_USDT | +0.0046% | 4h | 0.01215 | +0.020% | $12.3M | $120K | 20x | as long as short |
| Binance SIGNUSDTlong | +0.0050% | 4h | 0.01215 | long leg | $2.3M | $1.7M | 25x | |
| ApeX Omni SIGNUSDT | +0.0062% | 1h | 0.01214 | −0.046% | $30K | $661K | 50x | as long as short |
| Bybit SIGNUSDT | +0.0100% | 4h | 0.01213 | −0.161% | $2.2M | $435K | 25x | as long as short |
| OKX SIGN-USDT-SWAP | +0.0100% | 4h | 0.01214 | −0.054% | $658K | $327K | 20x | as long as short |
| Gate SIGN_USDT | +0.0100% | 4h | 0.01211 | −0.293% | $92K | $36K | 25x | as long as short |
| KuCoin SIGNUSDTM | +0.0100% | 4h | 0.01216 | +0.119% | $1.5M | $17K | 25x | as long as short |
Variational Omni SIGN
Aster SIGNUSDT
MEXC SIGN_USDT
ApeX Omni SIGNUSDT
Bybit SIGNUSDT
OKX SIGN-USDT-SWAP
Gate SIGN_USDT
KuCoin SIGNUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SIGNUSDT | +0.0100% | 4h | 0.01215 | +0.012% | $935K | $174K | 25x | as long as short |
| BingX SIGN-USDT | +0.0100% | 4h | 0.01214 | −0.038% | — | $6.6M | — | as long as short |
Bitget SIGNUSDT
BingX SIGN-USDT