Funding arb · Price arb /

SIGN

all SIGN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0844%/8h= −92.5% APRpaid last 24h −0.015%

Price spread now: ApeX Omni against BloFin−0.075%7-day average +0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$930.933% of the position

Long on BloFin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 4 days (all we have)−0.088%−$9 · spread now −0.075%, 7d avg +0.032%

Together, before fees−0.132%−$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and ApeX Omni is 0.106% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.032%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.044% in total (about -2.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SIGN-USDT	0.01203	0.0098	pay 0.0049% / 4h	2h 53m	$122K	$16K	25x
Short	ApeX Omni SIGNUSDT	0.01202	−0.0746	pay 0.0093% / 1h	53m 04s	$30K	$667K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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 BloFinbpFee ApeX OmnibpOrdersPrice spread, now −0.075%Rate

Funding earned: −$177.34
Price spread: −0.075% → +0.032%: −$10.63
Slippage, 4 orders: −$71.27
Fee BloFin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$281.25
Costs to cover: 0.933%
Break-even: never at this rate

Slippage from BloFin: live order book, 26 min ago; ApeX Omni: live order book, 60 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 BloFin live order book, 26 min ago	0.83 bp	22.5 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 60 min ago	12.37 bp	21.6 bp −$22	192.8 bp −$1,928	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 SIGNUSDTshort	−0.0746%	1h	0.01202	−0.075%	$30K	$667K	50x
Variational Omni SIGN	−0.0202%	4h	0.01200	−0.213%	$82K	$793	—	as long as short
Aster SIGNUSDT	−0.0096%	4h	0.01204	+0.056%	$10K	$5K	5x	as long as short
BloFin SIGN-USDTlong	+0.0098%	4h	0.01203	long leg	$122K	$16K	25x
Binance SIGNUSDT	+0.0100%	4h	0.01204	+0.067%	$2.3M	$1.6M	25x	as long as short
Bybit SIGNUSDT	+0.0100%	4h	0.01200	−0.208%	$2.1M	$364K	25x	as long as short
OKX SIGN-USDT-SWAP	+0.0100%	4h	0.01203	0.000%	$652K	$282K	20x	as long as short
Gate SIGN_USDT	+0.0100%	4h	0.01202	−0.075%	$90K	$34K	25x	as long as short
MEXC SIGN_USDT	+0.0100%	4h	0.01202	−0.058%	$12.2M	$116K	20x	as long as short
KuCoin SIGNUSDTM	+0.0100%	4h	0.01204	+0.091%	$1.5M	$14K	25x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SIGNUSDT	+0.0100%	4h	0.01203	0.000%	$910K	$182K	25x	as long as short
BingX SIGN-USDT	+0.0100%	4h	0.01201	−0.150%	—	$6.6M	—	as long as short