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

SIGN

all SIGN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.026%
Price spread now: OKX against BloFin0.000%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1661.655% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.096%+$10 on $10k
Price spread, last 4 days (all we have)−0.063%−$6 · spread now 0.000%, 7d avg +0.041%
Together, before fees+0.033%+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.041% cheaper against BloFin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SIGN-USDT0.012030.0098pay 0.0049% / 4h2h 52m$122K$16K25x
ShortOKX SIGN-USDT-SWAP0.012030.0100get 0.0050% / 4h2h 52m$652K$282K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$0.35
Price spread: 0.000% → +0.041%
−$4.07
Slippage, 4 orders
−$143.51
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$169.23
Costs to cover
1.655%
Break-even
3396.9 days
Slippage from BloFin: live order book, 26 min ago; OKX: live order book, 58 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, 26 min ago0.83 bp22.5 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 58 min ago5.78 bp62.1 bp −$62doesn'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
ApeX Omni SIGNUSDT−0.0746%1h0.01202−0.075%$30K$667K50xas long as short
Variational Omni SIGN−0.0202%4h0.01200−0.213%$82K$793as long as short
Aster SIGNUSDT−0.0096%4h0.01204+0.112%$10K$5K5xas long as short
BloFin SIGN-USDTlong+0.0098%4h0.01203long leg$122K$16K25x
Binance SIGNUSDT+0.0100%4h0.01204+0.061%$2.3M$1.6M25xas long as short
Bybit SIGNUSDT+0.0100%4h0.01201−0.141%$2.1M$364K25xas long as short
OKX SIGN-USDT-SWAPshort+0.0100%4h0.012030.000%$652K$282K20x
Gate SIGN_USDT+0.0100%4h0.01202−0.075%$90K$34K25xas long as short
MEXC SIGN_USDT+0.0100%4h0.01204+0.058%$12.2M$118K20xas long as short
KuCoin SIGNUSDTM+0.0100%4h0.01204+0.091%$1.5M$14K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SIGNUSDT+0.0100%4h0.01203+0.033%$911K$182K25xas long as short
BingX SIGN-USDT+0.0100%4h0.01202−0.100%$6.6Mas long as short