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

SIGN

all SIGN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0117%/8h= +12.8% APRnext payment +$0.58 per $10,000 · paid last 24h +0.026%
Price spread now: Bybit against BloFin0.000%102s7-day average −0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1431.428% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 4 days (all we have)−0.306%−$31 · spread now 0.000%, 7d avg −0.121%
Together, before fees−0.322%−$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.121% dearer against BloFin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.121%. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SIGN-USDT0.01191−0.0017get 0.0008% / 4h1h 29m$120K$16K25x
ShortBybit SIGNUSDT0.011910.0100get 0.0050% / 4h1h 29m$2.1M$357K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$24.47
Price spread: 0.000% → −0.121%
$12.06
Slippage, 4 orders
−$119.78
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$106.25
Costs to cover
1.428%
Break-even
37.4 days
Slippage from BloFin: live order book, 42 min ago; Bybit: live order book, 7 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, 42 min ago3.34 bp22.1 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 7 min ago5.89 bp46.3 bp −$46298.5 bp −$2,985doesn'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
ApeX Omni SIGNUSDT−0.0378%1h0.01192+0.126%$30K$673K50xas long as short
Aster SIGNUSDT−0.0351%4h0.01194+0.256%$10K$5K5xas long as short
Variational Omni SIGN−0.0332%4h0.01190−0.076%$81K$793as long as short
Binance SIGNUSDT−0.0088%4h0.01192+0.160%$2.3M$1.6M25xas long as short
MEXC SIGN_USDT−0.0088%4h0.01192+0.134%$12.0M$121K20xas long as short
BloFin SIGN-USDTlong−0.0017%4h0.01191long leg$120K$16K25x
Bybit SIGNUSDTshort+0.0100%4h0.011910.000%$2.1M$357K25x
OKX SIGN-USDT-SWAP+0.0100%4h0.01191+0.025%$643K$259K20xas long as short
Gate SIGN_USDT+0.0100%4h0.01191+0.042%$89K$32K25xas long as short
KuCoin SIGNUSDTM+0.0100%4h0.01194+0.294%$1.5M$14K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SIGNUSDT+0.0100%4h0.01192+0.151%$902K$171K25xas long as short
BingX SIGN-USDT+0.0100%4h0.01193+0.210%$6.6Mas long as short