Funding you earn now, next payment 08:00 UTC−0.0156%/8h= −17.1% APRnext payment −$0.78 per $10,000 · paid last 24h −0.024%
Price spread now: Binance against Bybit+0.025%7-day average +0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1511.512% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days+0.071%+$7 · spread now +0.025%, 7d avg +0.138%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Binance is 0.113% cheaper against Bybit than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.138%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SIGNUSDT | 0.01201 | 0.0100 | pay 0.0050% / 4h | 45m 19s | $2.1M | $350K | 25x |
| Short | Binance SIGNUSDT | 0.01201 | −0.0056 | pay 0.0028% / 4h | 45m 19s | $2.3M | $1.5M | 25x |
Bybit SIGNUSDT
Binance SIGNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- −$32.82
- Price spread: +0.025% → +0.138%
- −$11.33
- Slippage, 4 orders
- −$130.19
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$195.34
- Costs to cover
- 1.512%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 4 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 Bybit live order book, 1 min ago | 7.08 bp | 47.2 bp −$47 | 811.8 bp −$8,118 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 2.50 bp | 34.5 bp −$35 | 140.1 bp −$1,401 | 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 | −0.0296% | 4h | 0.01202 | +0.095% | $10K | $3K | 5x | as long as short |
| Variational Omni SIGN | −0.0269% | 4h | 0.01200 | −0.124% | $82K | $791 | — | as long as short |
| BloFin SIGN-USDT | −0.0084% | 4h | 0.01202 | +0.050% | $121K | $16K | 25x | as long as short |
| ApeX Omni SIGNUSDT | −0.0067% | 1h | 0.01201 | −0.017% | $30K | $673K | 50x | as long as short |
| Binance SIGNUSDTshort | −0.0056% | 4h | 0.01201 | +0.025% | $2.3M | $1.5M | 25x | |
| MEXC SIGN_USDT | −0.0056% | 4h | 0.01201 | +0.025% | $12.1M | $120K | 20x | as long as short |
| Bybit SIGNUSDTlong | +0.0100% | 4h | 0.01201 | long leg | $2.1M | $350K | 25x | |
| OKX SIGN-USDT-SWAP | +0.0100% | 4h | 0.01203 | +0.133% | $650K | $237K | 20x | as long as short |
| Gate SIGN_USDT | +0.0100% | 4h | 0.01200 | −0.100% | $90K | $23K | 25x | as long as short |
| KuCoin SIGNUSDTM | +0.0100% | 4h | 0.01203 | +0.150% | $1.5M | $14K | 25x | as long as short |
Aster SIGNUSDT
Variational Omni SIGN
BloFin SIGN-USDT
ApeX Omni SIGNUSDT
MEXC SIGN_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SIGNUSDT | +0.0100% | 4h | 0.01201 | −0.008% | $907K | $167K | 25x | as long as short |
| BingX SIGN-USDT | +0.0100% | 4h | 0.01201 | 0.000% | — | $6.6M | — | as long as short |
Bitget SIGNUSDT
BingX SIGN-USDT