Funding you earn now, next payment 04:00 UTC+0.0090%/8h= +9.8% APRnext payment +$0.45 per $10,000 · paid last 24h +0.024%
Price spread now: Bybit against Binance−0.174%7-day average −0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1521.520% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now −0.174%, 7d avg −0.137%
=Funding pays, the price is against you. Bybit is 0.038% cheaper against Binance than usual: you would sell low and buy high (spread −0.174% now, against its 7-day average of −0.137%). If the spread goes back, that is −$4 on $10k: about 34 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.037% in total) that is about 7.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SIGNUSDT | 0.01204 | 0.0010 | pay 0.0005% / 4h | 2h 53m | $2.3M | $1.7M | 25x |
| Short | Bybit SIGNUSDT | 0.01201 | 0.0100 | get 0.0050% / 4h | 2h 53m | $2.1M | $428K | 25x |
Binance SIGNUSDT
Bybit SIGNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $18.84
- Price spread: −0.174% → −0.137%
- −$3.78
- Slippage, 4 orders
- −$130.97
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$136.91
- Costs to cover
- 1.520%
- Break-even
- 57.9 days
Slippage from Binance: live order book, 11 min ago; Bybit: live order book, 3 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 | 2.88 bp | 26.7 bp −$27 | 236.2 bp −$2,362 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.16 bp | 42.2 bp −$42 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SIGNUSDT | −0.1478% | 1h | 0.01208 | +0.374% | $30K | $662K | 50x | as long as short |
| Aster SIGNUSDT | −0.0219% | 4h | 0.01207 | +0.261% | $10K | $5K | 5x | as long as short |
| Variational Omni SIGN | −0.0143% | 4h | 0.01199 | −0.340% | $82K | $2K | — | as long as short |
| Binance SIGNUSDTlong | +0.0010% | 4h | 0.01204 | long leg | $2.3M | $1.7M | 25x | |
| Gate SIGN_USDT | +0.0016% | 4h | 0.01205 | +0.125% | $92K | $34K | 25x | as long as short |
| MEXC SIGN_USDT | +0.0062% | 4h | 0.01203 | −0.008% | $12.2M | $117K | 20x | as long as short |
| BloFin SIGN-USDT | +0.0072% | 4h | 0.01201 | −0.183% | $124K | $16K | 25x | as long as short |
| Bybit SIGNUSDTshort | +0.0100% | 4h | 0.01201 | −0.174% | $2.1M | $428K | 25x | |
| OKX SIGN-USDT-SWAP | +0.0100% | 4h | 0.01204 | +0.017% | $655K | $317K | 20x | as long as short |
| KuCoin SIGNUSDTM | +0.0100% | 4h | 0.01205 | +0.125% | $1.5M | $17K | 25x | as long as short |
ApeX Omni SIGNUSDT
Aster SIGNUSDT
Variational Omni SIGN
Gate SIGN_USDT
MEXC SIGN_USDT
BloFin SIGN-USDT
OKX SIGN-USDT-SWAP
KuCoin SIGNUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SIGNUSDT | +0.0100% | 4h | 0.01203 | −0.025% | $918K | $177K | 25x | as long as short |
| BingX SIGN-USDT | +0.0100% | 4h | 0.01202 | −0.116% | — | $6.6M | — | as long as short |
Bitget SIGNUSDT
BingX SIGN-USDT