Funding you earn now, next payment 04:00 UTC−0.0091%/8h= −9.9% APRnext payment −$0.45 per $10,000 · paid last 24h −0.024%
Price spread now: BloFin against OKX+0.591%583s7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$174as 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−$1611.608% of the position
Funding, last 7 days−0.129%−$13 on $10k
+Price spread, last 3 days (all we have)−0.542%−$54 · spread now +0.591%, 7d avg −0.047%
=The price spread pays, funding is against you. BloFin is 0.638% dearer against OKX than usual: you sell high and buy low (spread +0.591% now, against its 7-day average of −0.047%): +$64 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 23 days. The two prices were read 583 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 | OKX SIGN-USDT-SWAP | 0.01202 | 0.0100 | pay 0.0050% / 4h | 2h 39m | $654K | $314K | 20x |
| Short | BloFin SIGN-USDT | 0.01209 | 0.0009 | get 0.0005% / 4h | 2h 39m | $124K | $16K | 25x |
OKX SIGN-USDT-SWAP
BloFin SIGN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- −$19.03
- Price spread: +0.591% → −0.047%
- $63.77
- Slippage, 4 orders
- −$138.85
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$116.11
- Costs to cover
- 1.608%
- Break-even
- never at this rate
Slippage from OKX: live order book, 26 min ago; BloFin: 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 OKX live order book, 26 min ago | 9.04 bp | 54.3 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 11 min ago | 1.24 bp | 27.4 bp −$27 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SIGNUSDT | −0.0579% | 1h | 0.01210 | +0.666% | $30K | $662K | 50x | as long as short |
| Aster SIGNUSDT | −0.0324% | 4h | 0.01205 | +0.239% | $10K | $5K | 5x | as long as short |
| Gate SIGN_USDT | −0.0182% | 4h | 0.01204 | +0.166% | $92K | $34K | 25x | as long as short |
| Variational Omni SIGN | −0.0131% | 4h | 0.01203 | +0.080% | $82K | $2K | — | as long as short |
| Binance SIGNUSDT | −0.0044% | 4h | 0.01205 | +0.208% | $2.3M | $1.7M | 25x | as long as short |
| MEXC SIGN_USDT | −0.0044% | 4h | 0.01204 | +0.141% | $12.2M | $118K | 20x | as long as short |
| BloFin SIGN-USDTshort | +0.0009% | 4h | 0.01209 | +0.591% | $124K | $16K | 25x | |
| Bybit SIGNUSDT | +0.0100% | 4h | 0.01204 | +0.125% | $2.1M | $415K | 25x | as long as short |
| OKX SIGN-USDT-SWAPlong | +0.0100% | 4h | 0.01202 | long leg | $654K | $314K | 20x | |
| KuCoin SIGNUSDTM | +0.0100% | 4h | 0.01207 | +0.416% | $1.5M | $16K | 25x | as long as short |
ApeX Omni SIGNUSDT
Aster SIGNUSDT
Gate SIGN_USDT
Variational Omni SIGN
Binance SIGNUSDT
MEXC SIGN_USDT
Bybit SIGNUSDT
KuCoin SIGNUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SIGNUSDT | +0.0100% | 4h | 0.01204 | +0.141% | $919K | $173K | 25x | as long as short |
| BingX SIGN-USDT | +0.0100% | 4h | 0.01203 | +0.100% | — | $6.6M | — | as long as short |
Bitget SIGNUSDT
BingX SIGN-USDT