Funding arb · Price arb /

SIGN

all SIGN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.034%

Price spread now: ApeX Omni against Binance+0.258%49s7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$114as 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−$1131.135% of the position

Long on Binance Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 3 days (all we have)−0.247%−$25 · spread now +0.258%, 7d avg +0.014%

Together, before fees−0.250%−$25 on $10k · with fees, hour by hour

The price spread pays, funding is against you. ApeX Omni is 0.244% dearer against Binance than usual: you sell high and buy low (spread +0.258% now, against its 7-day average of +0.014%): +$24 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.5 days. At the pace of the last 7 days (−0.003% in total) that is about 20 months. The two prices were read 49 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	Binance SIGNUSDT	0.01212	0.0100	pay 0.0050% / 4h	3h 02m	$2.4M	$1.7M	25x
Short	ApeX Omni SIGNUSDT	0.01215	0.0004	get 0.0001% / 1h	2m 36s	$30K	$661K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee ApeX OmnibpOrdersPrice spread, now +0.258%Rate

Funding earned: −$20.06
Price spread: +0.258% → +0.014%: $24.37
Slippage, 4 orders: −$93.49
Fee Binance: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$109.18
Costs to cover: 1.135%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; ApeX Omni: live order book, 6 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 Binance live order book, 2 min ago	2.88 bp	26.7 bp −$27	236.2 bp −$2,362	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 6 min ago	16.45 bp	27.5 bp −$27	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	−0.0116%	4h	0.01214	+0.145%	$83K	$2K	—	as long as short
Aster SIGNUSDT	−0.0092%	4h	0.01212	+0.046%	$10K	$5K	5x	as long as short
ApeX Omni SIGNUSDTshort	+0.0004%	1h	0.01215	+0.258%	$30K	$661K	50x
Binance SIGNUSDTlong	+0.0100%	4h	0.01212	long leg	$2.4M	$1.7M	25x
Bybit SIGNUSDT	+0.0100%	4h	0.01212	+0.010%	$2.2M	$421K	25x	as long as short
OKX SIGN-USDT-SWAP	+0.0100%	4h	0.01213	+0.052%	$659K	$320K	20x	as long as short
Gate SIGN_USDT	+0.0100%	4h	0.01213	+0.093%	$93K	$35K	25x	as long as short
MEXC SIGN_USDT	+0.0100%	4h	0.01212	+0.027%	$12.3M	$120K	20x	as long as short
KuCoin SIGNUSDTM	+0.0100%	4h	0.01215	+0.258%	$1.5M	$17K	25x	as long as short
Bitget SIGNUSDT	+0.0100%	4h	0.01214	+0.184%	$927K	$180K	25x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SIGN-USDT	+0.0100%	4h	0.01211	−0.039%	—	$6.6M	—	as long as short
BloFin SIGN-USDT	+0.0151%	4h	0.01214	+0.167%	$124K	$17K	25x	as long as short