Funding you earn now, next payment 00:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.38 per $10,000 · paid last 24h +0.024%
Price spread now: Bybit against Binance−0.059%7-day average −0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1451.453% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now −0.059%, 7d avg −0.137%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.078% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.137%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SIGNUSDT | 0.01215 | 0.0025 | pay 0.0012% / 4h | 2h 04m | $2.3M | $1.7M | 25x |
| Short | Bybit SIGNUSDT | 0.01215 | 0.0100 | get 0.0050% / 4h | 2h 04m | $2.2M | $436K | 25x |
Binance SIGNUSDT
Bybit SIGNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $15.78
- Price spread: −0.059% → −0.137%
- $7.8
- Slippage, 4 orders
- −$124.28
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$121.7
- Costs to cover
- 1.453%
- Break-even
- 61.0 days
Slippage from Binance: live order book, 15 min ago; Bybit: live order book, 2 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, 15 min ago | 3.27 bp | 24.9 bp −$25 | 189.8 bp −$1,898 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 5.35 bp | 45.4 bp −$45 | 296.9 bp −$2,969 | 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 | −0.0566% | 4h | 0.01216 | +0.048% | $83K | $2K | — | as long as short |
| ApeX Omni SIGNUSDT | −0.0263% | 1h | 0.01219 | +0.303% | $30K | $662K | 50x | as long as short |
| Aster SIGNUSDT | −0.0166% | 4h | 0.01218 | +0.197% | $10K | $4K | 5x | as long as short |
| MEXC SIGN_USDT | +0.0024% | 4h | 0.01215 | −0.001% | $12.2M | $109K | 20x | as long as short |
| Binance SIGNUSDTlong | +0.0025% | 4h | 0.01215 | long leg | $2.3M | $1.7M | 25x | |
| BloFin SIGN-USDT | +0.0065% | 4h | 0.01215 | +0.007% | $125K | $17K | 25x | as long as short |
| Bybit SIGNUSDTshort | +0.0100% | 4h | 0.01215 | −0.059% | $2.2M | $436K | 25x | |
| OKX SIGN-USDT-SWAP | +0.0100% | 4h | 0.01216 | +0.081% | $659K | $330K | 20x | as long as short |
| Gate SIGN_USDT | +0.0100% | 4h | 0.01217 | +0.139% | $93K | $36K | 25x | as long as short |
| KuCoin SIGNUSDTM | +0.0100% | 4h | 0.01218 | +0.221% | $1.5M | $18K | 25x | as long as short |
Variational Omni SIGN
ApeX Omni SIGNUSDT
Aster SIGNUSDT
MEXC SIGN_USDT
BloFin 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 | 0.01218 | +0.254% | $938K | $176K | 25x | as long as short |
| BingX SIGN-USDT | +0.0100% | 4h | 0.01216 | +0.024% | — | $6.6M | — | as long as short |
Bitget SIGNUSDT
BingX SIGN-USDT