Funding arb · Price arb /

SIGN

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against KuCoin+0.050%7-day average −0.105% · you sell dearer than you buy

Net, funding: paid 7d − costs−$847as in the Funding arb table

Net, price: spread back to 7d avg − costs−$829as in the Price arb table

costs, in and out, $10k−$8458.445% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 4 days (all we have)−0.194%−$19 · spread now +0.050%, 7d avg −0.105%

Together, before fees−0.219%−$22 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: OKX is 0.155% dearer against KuCoin than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.105%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SIGNUSDTM	0.01205	0.0100	pay 0.0050% / 4h	3h 39m	$1.5M	$14K	25x
Short	OKX SIGN-USDT-SWAP	0.01206	0.0100	get 0.0050% / 4h	3h 39m	$655K	$288K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee OKXbpOrdersPrice spread, now +0.050%Rate

Funding earned: $0
Price spread: +0.050% → −0.105%: $15.5
Slippage, 4 orders: −$822.55
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$829.04
Costs to cover: 8.445%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; OKX: live order book, 11 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 KuCoin live order book, 6 min ago	12.41 bp	221.3 bp −$221	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 11 min ago	5.78 bp	62.1 bp −$62	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	−0.0051%	4h	0.01205	+0.034%	$10K	$5K	5x	as long as short
Variational Omni SIGN	−0.0021%	4h	0.01202	−0.246%	$82K	$2K	—	as long as short
BloFin SIGN-USDT	+0.0071%	4h	0.01205	0.000%	$123K	$17K	25x	as long as short
Binance SIGNUSDT	+0.0100%	4h	0.01205	0.000%	$2.3M	$1.7M	25x	as long as short
Bybit SIGNUSDT	+0.0100%	4h	0.01203	−0.166%	$2.1M	$381K	25x	as long as short
OKX SIGN-USDT-SWAPshort	+0.0100%	4h	0.01206	+0.050%	$655K	$288K	20x
Gate SIGN_USDT	+0.0100%	4h	0.01203	−0.166%	$90K	$40K	25x	as long as short
MEXC SIGN_USDT	+0.0100%	4h	0.01205	+0.008%	$12.2M	$117K	20x	as long as short
KuCoin SIGNUSDTMlong	+0.0100%	4h	0.01205	long leg	$1.5M	$14K	25x
Bitget SIGNUSDT	+0.0100%	4h	0.01204	−0.091%	$911K	$185K	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	−0.075%	—	$6.6M	—	as long as short
ApeX Omni SIGNUSDT	+0.0100%	1h	0.01206	+0.083%	$30K	$666K	50x	as long as short