Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h −0.024%
Price spread now: Binance against Bitget−0.124%7-day average +0.008% · 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−$146as in the Price arb table
costs, in and out, $10k−$1331.327% of the position
Funding, last 7 days−0.149%−$15 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.124%, 7d avg +0.008%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.132% cheaper against Bitget than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.008%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SIGNUSDT | 0.01209 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $927K | $166K | 25x |
| Short | Binance SIGNUSDT | 0.01208 | 0.0060 | get 0.0030% / 4h | 1h 44m | $2.3M | $1.7M | 25x |
Bitget SIGNUSDT
Binance SIGNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- −$8.44
- Price spread: −0.124% → +0.008%
- −$13.23
- Slippage, 4 orders
- −$110.7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$154.37
- Costs to cover
- 1.327%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 16 min ago; Binance: live order book, 5 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 Bitget live order book, 16 min ago | 8.30 bp | 30.4 bp −$30 | 353.0 bp −$3,530 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 4.14 bp | 31.6 bp −$32 | 143.9 bp −$1,439 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SIGNUSDT | −0.0198% | 4h | 0.01208 | −0.122% | $10K | $5K | 5x | as long as short |
| Variational Omni SIGN | −0.0025% | 4h | 0.01204 | −0.464% | $82K | $2K | — | as long as short |
| BloFin SIGN-USDT | +0.0001% | 4h | 0.01207 | −0.174% | $124K | $16K | 25x | as long as short |
| Binance SIGNUSDTshort | +0.0060% | 4h | 0.01208 | −0.124% | $2.3M | $1.7M | 25x | |
| MEXC SIGN_USDT | +0.0060% | 4h | 0.01208 | −0.141% | $12.2M | $117K | 20x | as long as short |
| Bybit SIGNUSDT | +0.0100% | 4h | 0.01205 | −0.339% | $2.1M | $386K | 25x | as long as short |
| OKX SIGN-USDT-SWAP | +0.0100% | 4h | 0.01206 | −0.265% | $654K | $298K | 20x | as long as short |
| Gate SIGN_USDT | +0.0100% | 4h | 0.01205 | −0.372% | $92K | $34K | 25x | as long as short |
| KuCoin SIGNUSDTM | +0.0100% | 4h | 0.01209 | −0.041% | $1.5M | $15K | 25x | as long as short |
| Bitget SIGNUSDTlong | +0.0100% | 4h | 0.01209 | long leg | $927K | $166K | 25x |
Aster SIGNUSDT
Variational Omni SIGN
BloFin SIGN-USDT
MEXC SIGN_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX SIGN-USDT | +0.0100% | 4h | 0.01208 | −0.124% | — | $6.6M | — | as long as short |
| ApeX Omni SIGNUSDT | +0.0100% | 1h | 0.01207 | −0.207% | $30K | $663K | 50x | as long as short |
BingX SIGN-USDT
ApeX Omni SIGNUSDT