Funding arb · Price arb /

SIGN

all SIGN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.024%

Price spread now: OKX against Binance+0.013%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$131as in the Funding arb table

Net, price: spread back to 7d avg − costs−$150as in the Price arb table

costs, in and out, $10k−$1481.478% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.165%+$17 on $10k

Price spread, last 4 days (all we have)+0.153%+$15 · spread now +0.013%, 7d avg +0.040%

Together, before fees+0.318%+$32 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.027% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SIGNUSDT	0.01215	0.0100	pay 0.0050% / 4h	44m 41s	$2.4M	$1.7M	25x
Short	OKX SIGN-USDT-SWAP	0.01215	0.0100	get 0.0050% / 4h	44m 41s	$658K	$324K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.013%Rate

Funding earned: $0
Price spread: +0.013% → +0.040%: −$2.65
Slippage, 4 orders: −$127.84
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$150.5
Costs to cover: 1.478%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; OKX: live order book, 31 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, 5 min ago	2.06 bp	25.9 bp −$26	166.4 bp −$1,664	doesn't fit	doesn't fit
Sell OKX live order book, 31 min ago	6.61 bp	46.0 bp −$46	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	−0.0321%	4h	0.01213	−0.197%	$83K	$2K	—	as long as short
Aster SIGNUSDT	−0.0077%	4h	0.01216	+0.073%	$10K	$4K	5x	as long as short
Binance SIGNUSDTlong	+0.0100%	4h	0.01215	long leg	$2.4M	$1.7M	25x
Bybit SIGNUSDT	+0.0100%	4h	0.01213	−0.135%	$2.2M	$424K	25x	as long as short
OKX SIGN-USDT-SWAPshort	+0.0100%	4h	0.01215	+0.013%	$658K	$324K	20x
Gate SIGN_USDT	+0.0100%	4h	0.01214	−0.085%	$93K	$35K	25x	as long as short
MEXC SIGN_USDT	+0.0100%	4h	0.01215	+0.022%	$12.3M	$118K	20x	as long as short
KuCoin SIGNUSDTM	+0.0100%	4h	0.01217	+0.161%	$1.5M	$17K	25x	as long as short
Bitget SIGNUSDT	+0.0100%	4h	0.01216	+0.054%	$934K	$175K	25x	as long as short
BingX SIGN-USDT	+0.0100%	4h	0.01215	−0.003%	—	$6.6M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni SIGNUSDT	+0.0100%	1h	0.01215	−0.003%	$30K	$663K	50x	as long as short
BloFin SIGN-USDT	+0.0131%	4h	0.01215	+0.005%	$124K	$17K	25x	as long as short