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

SIGN

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.024%
Price spread now: OKX against BloFin−0.149%73s7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1621.619% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.129%+$13 on $10k
Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.149%, 7d avg +0.047%
Together, before fees+0.176%+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.196% cheaper against BloFin than usual: you would sell low and buy high (spread −0.149% now, against its 7-day average of +0.047%). If the spread goes back, that is −$20 on $10k: about 2 months of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.129% in total) that is about 11 days. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SIGN-USDT0.012070.0090pay 0.0045% / 4h1h 01m$124K$16K25x
ShortOKX SIGN-USDT-SWAP0.012050.0100get 0.0050% / 4h1h 01m$653K$293K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.149% → +0.047%
−$19.62
Slippage, 4 orders
−$139.88
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$179.36
Costs to cover
1.619%
Break-even
595.2 days
Slippage from BloFin: live order book, 34 min ago; OKX: live order book, 59 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 OKX live order book, 59 min ago6.64 bp54.7 bp −$55doesn'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-SWAPshort+0.0100%4h0.01205−0.149%$653K$293K20x
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 SIGNUSDT+0.0100%1h0.01209+0.191%$30K$663K50xas long as short