Settings8H · net · $10k
Funding arb · Price arb /

SIGN

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0400%/8h= +43.8% APRpaid last 24h +0.045%
Price spread now: KuCoin against ApeX Omni+0.582%97s7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$830as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$8478.473% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.171%+$17 on $10k
Price spread, last 4 days (all we have)−0.496%−$50 · spread now +0.582%, 7d avg +0.114%
Together, before fees−0.325%−$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and KuCoin is 0.468% dearer against ApeX Omni than usual: you sell high and buy low: +$47 more if the spread goes back to its 7-day average of +0.114%. The two prices were read 97 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 0.171% in total (about 8.9% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SIGNUSDT0.01203−0.0300get 0.0038% / 1h51m 51s$30K$663K50x
ShortKuCoin SIGNUSDTM0.012100.0100get 0.0050% / 4h1h 51m$1.5M$15K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against ApeX Omni. 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

Funding earned
$84.03
Price spread: +0.582% → +0.114%
$46.82
Slippage, 4 orders
−$825.26
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$716.41
Costs to cover
8.473%
Break-even
66.7 days
Slippage from ApeX Omni: live order book, 11 min ago; KuCoin: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 11 min ago16.61 bp25.2 bp −$25198.2 bp −$1,982doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago12.43 bp542.9 bp −$543doesn't fitdoesn't fitdoesn't fit

SIGN on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni SIGNUSDTlong−0.0300%1h0.01203long leg$30K$663K50x
Aster SIGNUSDT−0.0199%4h0.01209+0.534%$10K$5K5xas long as short
Variational Omni SIGN+0.0003%4h0.01206+0.245%$82K$2Kas long as short
MEXC SIGN_USDT+0.0054%4h0.01209+0.524%$12.2M$117K20xas long as short
Binance SIGNUSDT+0.0058%4h0.01209+0.490%$2.3M$1.7M25xas long as short
Bybit SIGNUSDT+0.0100%4h0.01206+0.283%$2.1M$389K25xas long as short
OKX SIGN-USDT-SWAP+0.0100%4h0.01209+0.457%$655K$299K20xas long as short
Gate SIGN_USDT+0.0100%4h0.01207+0.333%$92K$34K25xas long as short
KuCoin SIGNUSDTMshort+0.0100%4h0.01210+0.582%$1.5M$15K25x
Bitget SIGNUSDT+0.0100%4h0.01210+0.557%$924K$165K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SIGN-USDT+0.0100%4h0.01209+0.482%$6.6Mas long as short