Funding you earn now, next payment 12:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.019%
Price spread now: Binance against Bitget−0.057%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1451.448% of the position
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now −0.057%, 7d avg +0.008%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.066% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.008%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SIGNUSDT | 0.01225 | 0.0100 | pay 0.0050% / 4h | 3h 01m | $924K | $156K | 25x |
| Short | Binance SIGNUSDT | 0.01224 | 0.0088 | get 0.0044% / 4h | 3h 01m | $2.4M | $1.4M | 25x |
Bitget SIGNUSDT
Binance SIGNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- −$2.43
- Price spread: −0.057% → +0.008%
- −$6.56
- Slippage, 4 orders
- −$122.81
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$153.81
- Costs to cover
- 1.448%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 29 min ago; Binance: live order book, 3 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 Bitget live order book, 29 min ago | 5.02 bp | 47.1 bp −$47 | 371.2 bp −$3,712 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 2.86 bp | 36.8 bp −$37 | 161.5 bp −$1,615 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SIGNUSDT | −0.0103% | 1h | 0.01225 | +0.016% | $31K | $666K | 50x | as long as short |
| Aster SIGNUSDT | −0.0079% | 4h | 0.01224 | −0.096% | $10K | $3K | 5x | as long as short |
| Variational Omni SIGN | −0.0047% | 4h | 0.01222 | −0.253% | $83K | $791 | — | as long as short |
| MEXC SIGN_USDT | +0.0082% | 4h | 0.01225 | +0.008% | $12.4M | $122K | 20x | as long as short |
| Binance SIGNUSDTshort | +0.0088% | 4h | 0.01224 | −0.057% | $2.4M | $1.4M | 25x | |
| Bybit SIGNUSDT | +0.0100% | 4h | 0.01225 | −0.024% | $2.2M | $343K | 25x | as long as short |
| OKX SIGN-USDT-SWAP | +0.0100% | 4h | 0.01225 | −0.008% | $663K | $223K | 20x | as long as short |
| Gate SIGN_USDT | +0.0100% | 4h | 0.01222 | −0.229% | $91K | $23K | 25x | as long as short |
| KuCoin SIGNUSDTM | +0.0100% | 4h | 0.01227 | +0.180% | $1.5M | $13K | 25x | as long as short |
| Bitget SIGNUSDTlong | +0.0100% | 4h | 0.01225 | long leg | $924K | $156K | 25x |
ApeX Omni SIGNUSDT
Aster SIGNUSDT
Variational Omni SIGN
MEXC SIGN_USDT
Bybit SIGNUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX SIGN-USDT | +0.0100% | 4h | 0.01224 | −0.033% | — | $6.6M | — | as long as short |
| BloFin SIGN-USDT | +0.0115% | 4h | 0.01224 | −0.049% | $122K | $17K | 25x | as long as short |
BingX SIGN-USDT
BloFin SIGN-USDT