Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h +0.026%
Price spread now: BingX against BloFin−0.142%81s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as 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−$1201.204% of the position
Funding, last 7 days+0.096%+$10 on $10k
+Price spread, last 4 days (all we have)+0.035%+$3 · spread now −0.142%, 7d avg −0.025%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.117% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.025%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.096%, so the current rate has only just turned against you. The two prices were read 81 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 | BloFin SIGN-USDT | 0.01199 | 0.0130 | pay 0.0065% / 4h | 2h 01m | $120K | $16K | 25x |
| Short | BingX SIGN-USDT | 0.01197 | 0.0100 | get 0.0050% / 4h | 2h 01m | — | $6.6M | — |
BloFin SIGN-USDT
BingX SIGN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$6.31
- Price spread: −0.142% → −0.025%
- −$11.72
- Slippage, 4 orders
- −$98.42
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$138.45
- Costs to cover
- 1.204%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 10 min ago; BingX: live order book, 5 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 BloFin live order book, 10 min ago | 3.34 bp | 22.1 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 7.10 bp | 39.2 bp −$39 | 130.9 bp −$1,309 | 581.4 bp −$58.1K | 910.7 bp −$455.3K |
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 | −0.0164% | 1h | 0.01198 | −0.042% | $30K | $672K | 50x | as long as short |
| Variational Omni SIGN | −0.0139% | 4h | 0.01196 | −0.180% | $82K | $793 | — | as long as short |
| Aster SIGNUSDT | −0.0131% | 4h | 0.01199 | +0.033% | $10K | $5K | 5x | as long as short |
| Binance SIGNUSDT | +0.0100% | 4h | 0.01197 | −0.088% | $2.3M | $1.6M | 25x | as long as short |
| Bybit SIGNUSDT | +0.0100% | 4h | 0.01196 | −0.225% | $2.1M | $361K | 25x | as long as short |
| OKX SIGN-USDT-SWAP | +0.0100% | 4h | 0.01198 | −0.058% | $649K | $267K | 20x | as long as short |
| Gate SIGN_USDT | +0.0100% | 4h | 0.01197 | −0.125% | $89K | $34K | 25x | as long as short |
| MEXC SIGN_USDT | +0.0100% | 4h | 0.01198 | −0.017% | $12.1M | $123K | 20x | as long as short |
| KuCoin SIGNUSDTM | +0.0100% | 4h | 0.01199 | +0.042% | $1.5M | $14K | 25x | as long as short |
| Bitget SIGNUSDT | +0.0100% | 4h | 0.01198 | −0.075% | $906K | $173K | 25x | as long as short |
ApeX Omni SIGNUSDT
Variational Omni SIGN
Aster SIGNUSDT
Binance SIGNUSDT
Bybit SIGNUSDT
OKX SIGN-USDT-SWAP
Gate SIGN_USDT
MEXC SIGN_USDT
KuCoin SIGNUSDTM
Bitget SIGNUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SIGN-USDTshort | +0.0100% | 4h | 0.01197 | −0.142% | — | $6.6M | — | |
| BloFin SIGN-USDTlong | +0.0130% | 4h | 0.01199 | long leg | $120K | $16K | 25x |