Funding arb · Price arb /

SIGN

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%

Price spread now: MEXC against Bybit+0.065%7-day average +0.150% · you sell dearer than you buy

Net, funding: paid 7d − costs−$187as in the Funding arb table

Net, price: spread back to 7d avg − costs−$196as in the Price arb table

costs, in and out, $10k−$1871.874% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 7 days+0.037%+$4 · spread now +0.065%, 7d avg +0.150%

Together, before fees+0.041%+$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.085% cheaper against Bybit than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.150%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SIGNUSDT	0.01222	0.0100	pay 0.0050% / 4h	1h 47m	$2.2M	$340K	25x
Short	MEXC SIGN_USDT	0.01222	0.0100	get 0.0050% / 4h	1h 47m	$12.4M	$121K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee MEXCbpOrdersPrice spread, now +0.065%Rate

Funding earned: $0
Price spread: +0.065% → +0.150%: −$8.47
Slippage, 4 orders: −$172.4
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$195.87
Costs to cover: 1.874%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 4 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 Bybit live order book, 3 min ago	3.27 bp	41.7 bp −$42	494.0 bp −$4,940	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	1.64 bp	73.1 bp −$73	112.5 bp −$1,125	258.3 bp −$25.8K	doesn't fit

SIGN on 12 exchanges

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
Variational Omni SIGN	+0.0023%	4h	0.01221	−0.075%	$83K	$791	—	as long as short
BloFin SIGN-USDT	+0.0083%	4h	0.01223	+0.082%	$123K	$18K	25x	as long as short
Aster SIGNUSDT	+0.0100%	4h	0.01223	+0.144%	$10K	$3K	5x	as long as short
Binance SIGNUSDT	+0.0100%	4h	0.01222	+0.065%	$2.4M	$1.4M	25x	as long as short
Bybit SIGNUSDTlong	+0.0100%	4h	0.01222	long leg	$2.2M	$340K	25x
OKX SIGN-USDT-SWAP	+0.0100%	4h	0.01223	+0.147%	$661K	$219K	20x	as long as short
Gate SIGN_USDT	+0.0100%	4h	0.01221	−0.057%	$91K	$23K	25x	as long as short
MEXC SIGN_USDTshort	+0.0100%	4h	0.01222	+0.065%	$12.4M	$121K	20x
KuCoin SIGNUSDTM	+0.0100%	4h	0.01224	+0.188%	$1.5M	$12K	25x	as long as short
Bitget SIGNUSDT	+0.0100%	4h	0.01222	−0.008%	$918K	$150K	25x	as long as short

Show all 12 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SIGN-USDT	+0.0100%	4h	0.01223	+0.074%	—	$6.6M	—	as long as short
ApeX Omni SIGNUSDT	+0.0100%	1h	0.01223	+0.106%	$31K	$670K	50x	as long as short