Funding you earn now, next payment 04:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.16 per $10,000 · paid last 24h −0.024%
Price spread now: BloFin against BingX−0.008%51s7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as 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−$1261.255% of the position
Funding, last 7 days−0.129%−$13 on $10k
+Price spread, last 4 days (all we have)+0.222%+$22 · spread now −0.008%, 7d avg +0.027%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.035% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.027%). Swap the legs. The two prices were read 51 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 | BingX SIGN-USDT | 0.01212 | 0.0100 | pay 0.0050% / 4h | 0m 26s | — | $6.6M | — |
| Short | BloFin SIGN-USDT | 0.01211 | 0.0069 | get 0.0034% / 4h | 0m 26s | $95K | $17K | 25x |
BingX SIGN-USDT
BloFin SIGN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$6.61
- Price spread: −0.008% → +0.027%
- −$3.5
- Slippage, 4 orders
- −$103.5
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$135.61
- Costs to cover
- 1.255%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; BloFin: live order book, 28 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 BingX live order book, 2 min ago | 6.61 bp | 33.9 bp −$34 | 111.7 bp −$1,117 | 591.1 bp −$59.1K | doesn't fit |
| Sell BloFin live order book, 28 min ago | 0.83 bp | 23.6 bp −$24 | 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 | −0.0056% | 4h | 0.01209 | −0.178% | $83K | $2K | — | as long as short |
| Aster SIGNUSDT | −0.0036% | 4h | 0.01213 | +0.111% | $10K | $5K | 5x | as long as short |
| BloFin SIGN-USDTshort | +0.0069% | 4h | 0.01211 | −0.008% | $95K | $17K | 25x | |
| Binance SIGNUSDT | +0.0100% | 4h | 0.01212 | +0.058% | $2.4M | $1.7M | 25x | as long as short |
| Bybit SIGNUSDT | +0.0100% | 4h | 0.01210 | −0.149% | $2.1M | $375K | 25x | as long as short |
| OKX SIGN-USDT-SWAP | +0.0100% | 4h | 0.01210 | −0.091% | $657K | $292K | 20x | as long as short |
| Gate SIGN_USDT | +0.0100% | 4h | 0.01209 | −0.206% | $90K | $41K | 25x | as long as short |
| MEXC SIGN_USDT | +0.0100% | 4h | 0.01212 | +0.025% | $12.3M | $119K | 20x | as long as short |
| KuCoin SIGNUSDTM | +0.0100% | 4h | 0.01212 | +0.041% | $1.5M | $15K | 25x | as long as short |
| Bitget SIGNUSDT | +0.0100% | 4h | 0.01210 | −0.083% | $916K | $185K | 25x | as long as short |
Variational Omni SIGN
Aster SIGNUSDT
Binance SIGNUSDT
Bybit SIGNUSDT
OKX SIGN-USDT-SWAP
Gate SIGN_USDT
MEXC SIGN_USDT
KuCoin SIGNUSDTM
Bitget SIGNUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SIGN-USDTlong | +0.0100% | 4h | 0.01212 | long leg | — | $6.6M | — | |
| ApeX Omni SIGNUSDT | +0.0100% | 1h | 0.01210 | −0.124% | $30K | $668K | 50x | as long as short |
ApeX Omni SIGNUSDT