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 − costs—prices read too far apart to compare
costs, in and out, $10k−$1621.619% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SIGN-USDT | 0.01207 | 0.0090 | pay 0.0045% / 4h | 1h 01m | $124K | $16K | 25x |
| Short | OKX SIGN-USDT-SWAP | 0.01205 | 0.0100 | get 0.0050% / 4h | 1h 01m | $653K | $293K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 34 min ago | 3.31 bp | 23.2 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 59 min ago | 6.64 bp | 54.7 bp −$55 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SIGNUSDT | −0.0073% | 4h | 0.01203 | −0.302% | $10K | $5K | 5x | as long as short |
| Variational Omni SIGN | −0.0034% | 4h | 0.01207 | +0.047% | $83K | $2K | — | as long as short |
| BloFin SIGN-USDTlong | +0.0090% | 4h | 0.01207 | long leg | $124K | $16K | 25x | |
| Binance SIGNUSDT | +0.0100% | 4h | 0.01205 | −0.166% | $2.3M | $1.6M | 25x | as long as short |
| Bybit SIGNUSDT | +0.0100% | 4h | 0.01203 | −0.282% | $2.1M | $362K | 25x | as long as short |
| OKX SIGN-USDT-SWAPshort | +0.0100% | 4h | 0.01205 | −0.149% | $653K | $293K | 20x | |
| Gate SIGN_USDT | +0.0100% | 4h | 0.01205 | −0.141% | $92K | $34K | 25x | as long as short |
| MEXC SIGN_USDT | +0.0100% | 4h | 0.01204 | −0.207% | $12.2M | $120K | 20x | as long as short |
| KuCoin SIGNUSDTM | +0.0100% | 4h | 0.01207 | +0.025% | $1.5M | $15K | 25x | as long as short |
| Bitget SIGNUSDT | +0.0100% | 4h | 0.01205 | −0.099% | $920K | $167K | 25x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SIGN-USDT | +0.0100% | 4h | 0.01204 | −0.207% | — | $6.6M | — | as long as short |
| ApeX Omni SIGNUSDT | +0.0100% | 1h | 0.01209 | +0.191% | $30K | $663K | 50x | as long as short |
BloFin SIGN-USDT
OKX SIGN-USDT-SWAP
Aster SIGNUSDT
Variational Omni SIGN
Binance SIGNUSDT
Bybit SIGNUSDT
Gate SIGN_USDT
MEXC SIGN_USDT
KuCoin SIGNUSDTM
Bitget SIGNUSDT
BingX SIGN-USDT
ApeX Omni SIGNUSDT