Settings8H · net · $10k
Funding arb · Price arb /

SIGN

all SIGN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h −0.021%
Price spread now: ApeX Omni against BloFin+0.191%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$1001.000% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 4 days (all we have)−0.655%−$65 · spread now +0.191%, 7d avg +0.036%
Together, before fees−0.672%−$67 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and ApeX Omni is 0.154% dearer against BloFin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SIGN-USDT0.012070.0090pay 0.0045% / 4h1h 01m$124K$16K25x
ShortApeX Omni SIGNUSDT0.012090.0100get 0.0013% / 1h1m 59s$30K$663K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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

Funding earned
$2.13
Price spread: +0.191% → +0.036%
$15.45
Slippage, 4 orders
−$77.99
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$82.41
Costs to cover
1.000%
Break-even
277.3 days
Slippage from BloFin: live order book, 34 min ago; ApeX Omni: live order book, 61 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 34 min ago3.31 bp23.2 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 61 min ago16.61 bp26.3 bp −$26doesn't fitdoesn't fitdoesn't fit

SIGN on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SIGNUSDT−0.0073%4h0.01203−0.302%$10K$5K5xas long as short
Variational Omni SIGN−0.0034%4h0.01207+0.047%$83K$2Kas long as short
BloFin SIGN-USDTlong+0.0090%4h0.01207long leg$124K$16K25x
Binance SIGNUSDT+0.0100%4h0.01205−0.166%$2.3M$1.6M25xas long as short
Bybit SIGNUSDT+0.0100%4h0.01203−0.282%$2.1M$362K25xas long as short
OKX SIGN-USDT-SWAP+0.0100%4h0.01205−0.149%$653K$293K20xas long as short
Gate SIGN_USDT+0.0100%4h0.01205−0.141%$92K$34K25xas long as short
MEXC SIGN_USDT+0.0100%4h0.01204−0.207%$12.2M$120K20xas long as short
KuCoin SIGNUSDTM+0.0100%4h0.01207+0.025%$1.5M$15K25xas long as short
Bitget SIGNUSDT+0.0100%4h0.01205−0.099%$920K$167K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SIGN-USDT+0.0100%4h0.01204−0.207%$6.6Mas long as short
ApeX Omni SIGNUSDTshort+0.0100%1h0.01209+0.191%$30K$663K50x