Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.6% APRnext payment +$0.12 per $10,000 · paid last 24h −0.024%
Price spread now: BloFin against Bybit+0.091%112s7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1501.498% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)+0.273%+$27 · spread now +0.091%, 7d avg +0.122%
=Funding pays, the price is against you. BloFin is 0.031% cheaper against Bybit than usual: you would sell low and buy high (spread +0.091% now, against its 7-day average of +0.122%). If the spread goes back, that is −$3 on $10k: about 4.4 days of funding at the current rate (+$1 a day). The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SIGNUSDT | 0.01208 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $2.1M | $374K | 25x |
| Short | BloFin SIGN-USDT | 0.01209 | 0.0123 | get 0.0062% / 4h | 3h 55m | $123K | $16K | 25x |
Bybit SIGNUSDT
BloFin SIGN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $4.93
- Price spread: +0.091% → +0.122%
- −$3.1
- Slippage, 4 orders
- −$126.82
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$147.99
- Costs to cover
- 1.498%
- Break-even
- 217.0 days
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 33 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 | 6.21 bp | 50.8 bp −$51 | 1230.2 bp −$12.3K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 33 min ago | 0.83 bp | 23.6 bp −$24 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SIGN | −0.0050% | 4h | 0.01208 | −0.005% | $83K | $2K | — | as long as short |
| Aster SIGNUSDT | −0.0042% | 4h | 0.01210 | +0.169% | $10K | $5K | 5x | as long as short |
| Binance SIGNUSDT | +0.0100% | 4h | 0.01210 | +0.199% | $2.4M | $1.7M | 25x | as long as short |
| Bybit SIGNUSDTlong | +0.0100% | 4h | 0.01208 | long leg | $2.1M | $374K | 25x | |
| OKX SIGN-USDT-SWAP | +0.0100% | 4h | 0.01212 | +0.339% | $658K | $292K | 20x | as long as short |
| Gate SIGN_USDT | +0.0100% | 4h | 0.01208 | +0.017% | $90K | $39K | 25x | as long as short |
| MEXC SIGN_USDT | +0.0100% | 4h | 0.01209 | +0.116% | $12.2M | $116K | 20x | as long as short |
| KuCoin SIGNUSDTM | +0.0100% | 4h | 0.01210 | +0.182% | $1.5M | $15K | 25x | as long as short |
| Bitget SIGNUSDT | +0.0100% | 4h | 0.01209 | +0.091% | $914K | $185K | 25x | as long as short |
| BingX SIGN-USDT | +0.0100% | 4h | 0.01210 | +0.182% | — | $6.6M | — | as long as short |
Variational Omni SIGN
Aster SIGNUSDT
Binance SIGNUSDT
OKX SIGN-USDT-SWAP
Gate SIGN_USDT
MEXC SIGN_USDT
KuCoin SIGNUSDTM
Bitget SIGNUSDT
BingX SIGN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SIGNUSDT | +0.0100% | 1h | 0.01209 | +0.099% | $30K | $668K | 50x | as long as short |
| BloFin SIGN-USDTshort | +0.0123% | 4h | 0.01209 | +0.091% | $123K | $16K | 25x |
ApeX Omni SIGNUSDT