Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.023%
Price spread now: BloFin against KuCoin−0.255%50s7-day average −0.150% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,277as 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−$1,26012.601% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 3 days (all we have)+0.260%+$26 · spread now −0.255%, 7d avg −0.150%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.105% cheaper against KuCoin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.150%). Swap the legs. The two prices were read 50 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 | KuCoin SIGNUSDTM | 0.01215 | 0.0100 | pay 0.0050% / 4h | 3h 54m | $1.5M | $17K | 25x |
| Short | BloFin SIGN-USDT | 0.01212 | 0.0082 | get 0.0041% / 4h | 3h 54m | $123K | $17K | 25x |
KuCoin SIGNUSDTM
BloFin SIGN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- −$3.82
- Price spread: −0.255% → −0.150%
- −$10.52
- Slippage, 4 orders
- −$1,236.12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$1,274.46
- Costs to cover
- 12.601%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 12 min ago; BloFin: live order book, 1 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 KuCoin live order book, 12 min ago | 12.33 bp | 854.3 bp −$854 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 2.06 bp | 18.9 bp −$19 | 76.0 bp −$760 | 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 | −0.0214% | 4h | 0.01214 | −0.042% | $83K | $2K | — | as long as short |
| Aster SIGNUSDT | −0.0038% | 4h | 0.01214 | −0.048% | $10K | $4K | 5x | as long as short |
| BloFin SIGN-USDTshort | +0.0082% | 4h | 0.01212 | −0.255% | $123K | $17K | 25x | |
| Binance SIGNUSDT | +0.0100% | 4h | 0.01213 | −0.132% | $2.4M | $1.7M | 25x | as long as short |
| Bybit SIGNUSDT | +0.0100% | 4h | 0.01212 | −0.280% | $2.2M | $422K | 25x | as long as short |
| OKX SIGN-USDT-SWAP | +0.0100% | 4h | 0.01214 | −0.107% | $656K | $327K | 20x | as long as short |
| Gate SIGN_USDT | +0.0100% | 4h | 0.01214 | −0.082% | $93K | $34K | 25x | as long as short |
| MEXC SIGN_USDT | +0.0100% | 4h | 0.01213 | −0.132% | $12.3M | $117K | 20x | as long as short |
| KuCoin SIGNUSDTMlong | +0.0100% | 4h | 0.01215 | long leg | $1.5M | $17K | 25x | |
| Bitget SIGNUSDT | +0.0100% | 4h | 0.01215 | 0.000% | $930K | $177K | 25x | as long as short |
Variational Omni SIGN
Aster SIGNUSDT
Binance SIGNUSDT
Bybit SIGNUSDT
OKX SIGN-USDT-SWAP
Gate SIGN_USDT
MEXC SIGN_USDT
Bitget SIGNUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SIGN-USDT | +0.0100% | 4h | 0.01213 | −0.123% | — | $6.6M | — | as long as short |
| ApeX Omni SIGNUSDT | +0.0100% | 1h | 0.01218 | +0.247% | $30K | $658K | 50x | as long as short |
BingX SIGN-USDT
ApeX Omni SIGNUSDT