Settings8H · net · $10k
Funding arb · Price arb /

SIGN

all SIGN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.27 per $10,000 · paid last 24h +0.023%
Price spread now: KuCoin against BloFin+0.198%110s7-day average +0.150% · you sell dearer than you buy
Net, funding: paid 7d − costs−$870as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$8878.872% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.169%+$17 on $10k
Price spread, last 3 days (all we have)−0.203%−$20 · spread now +0.198%, 7d avg +0.150%
Together, before fees−0.034%−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.048% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.150%. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SIGN-USDT0.012120.0045pay 0.0023% / 4h21m 28s$125K$17K25x
ShortKuCoin SIGNUSDTM0.012140.0100get 0.0050% / 4h21m 28s$1.5M$17K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$11.55
Price spread: +0.198% → +0.150%
$4.82
Slippage, 4 orders
−$863.17
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$870.8
Costs to cover
8.872%
Break-even
534.8 days
Slippage from BloFin: live order book, 39 min ago; KuCoin: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 39 min ago1.64 bp19.5 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago12.38 bp592.2 bp −$592doesn't fitdoesn't fitdoesn't fit

SIGN on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SIGN−0.0393%4h0.01209−0.255%$83K$2Kas long as short
Aster SIGNUSDT−0.0116%4h0.01213+0.149%$10K$4K5xas long as short
BloFin SIGN-USDTlong+0.0045%4h0.01212long leg$125K$17K25x
MEXC SIGN_USDT+0.0096%4h0.01213+0.091%$12.3M$119K20xas long as short
Binance SIGNUSDT+0.0096%4h0.01213+0.083%$2.4M$1.7M25xas long as short
Bybit SIGNUSDT+0.0100%4h0.01212−0.008%$2.2M$425K25xas long as short
OKX SIGN-USDT-SWAP+0.0100%4h0.01213+0.124%$657K$324K20xas long as short
Gate SIGN_USDT+0.0100%4h0.01213+0.116%$93K$35K25xas long as short
KuCoin SIGNUSDTMshort+0.0100%4h0.01214+0.198%$1.5M$17K25x
Bitget SIGNUSDT+0.0100%4h0.01213+0.140%$928K$180K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SIGN-USDT+0.0100%4h0.01212+0.017%$6.6Mas long as short
ApeX Omni SIGNUSDT+0.0100%1h0.01212+0.033%$30K$660K50xas long as short