Funding you earn now, next payment 03:00 UTC−0.0358%/8h= −39.2% APRpaid last 24h −0.021%
Price spread now: ApeX Omni against MEXC−0.521%111s7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as 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−$1061.055% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.358%+$36 · spread now −0.521%, 7d avg −0.003%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and ApeX Omni is 0.518% cheaper against MEXC than usual: you would sell low and buy high (−$52 if the spread goes back to its 7-day average of −0.003%). Swap the legs. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.001% in total (about 0.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SIGN_USDT | 0.01209 | 0.0058 | pay 0.0029% / 4h | 1h 51m | $12.2M | $117K | 20x |
| Short | ApeX Omni SIGNUSDT | 0.01203 | −0.0300 | pay 0.0038% / 1h | 51m 41s | $30K | $663K | 50x |
MEXC SIGN_USDT
ApeX Omni SIGNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against MEXC. 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
- −$75.21
- Price spread: −0.521% → −0.003%
- −$51.84
- Slippage, 4 orders
- −$91.55
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$232.6
- Costs to cover
- 1.055%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; ApeX Omni: live order book, 12 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 MEXC live order book, 2 min ago | 1.65 bp | 12.5 bp −$12 | 110.7 bp −$1,107 | 245.5 bp −$24.5K | 511.0 bp −$255.5K |
| Sell ApeX Omni live order book, 12 min ago | 16.61 bp | 26.3 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
SIGN on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SIGNUSDTshort | −0.0300% | 1h | 0.01203 | −0.521% | $30K | $663K | 50x | |
| Aster SIGNUSDT | −0.0199% | 4h | 0.01209 | −0.025% | $10K | $5K | 5x | as long as short |
| Variational Omni SIGN | +0.0003% | 4h | 0.01206 | −0.277% | $82K | $2K | — | as long as short |
| MEXC SIGN_USDTlong | +0.0058% | 4h | 0.01209 | long leg | $12.2M | $117K | 20x | |
| Binance SIGNUSDT | +0.0058% | 4h | 0.01210 | +0.041% | $2.4M | $1.7M | 25x | as long as short |
| Bybit SIGNUSDT | +0.0100% | 4h | 0.01207 | −0.165% | $2.1M | $389K | 25x | as long as short |
| OKX SIGN-USDT-SWAP | +0.0100% | 4h | 0.01210 | +0.058% | $655K | $299K | 20x | as long as short |
| Gate SIGN_USDT | +0.0100% | 4h | 0.01207 | −0.190% | $92K | $34K | 25x | as long as short |
| KuCoin SIGNUSDTM | +0.0100% | 4h | 0.01210 | +0.058% | $1.5M | $15K | 25x | as long as short |
| Bitget SIGNUSDT | +0.0100% | 4h | 0.01210 | +0.091% | $924K | $165K | 25x | as long as short |
Aster SIGNUSDT
Variational Omni SIGN
Binance SIGNUSDT
Bybit SIGNUSDT
OKX SIGN-USDT-SWAP
Gate SIGN_USDT
KuCoin SIGNUSDTM
Bitget SIGNUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SIGN-USDT | +0.0100% | 4h | 0.01209 | −0.041% | — | $6.6M | — | as long as short |
BingX SIGN-USDT