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

SIGN

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SwapBacktest
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: Bybit against BingX−0.143%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1611.605% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.112%−$11 on $10k
Price spread, last 7 days+0.076%+$8 · spread now −0.143%, 7d avg −0.100%
Together, before fees−0.036%−$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: Bybit is 0.043% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.100%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SIGN-USDT0.011910.0100pay 0.0050% / 4h1h 31m$6.6M
ShortBybit SIGNUSDT0.011900.0100get 0.0050% / 4h1h 31m$2.1M$358K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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
$0
Price spread: −0.143% → −0.100%
−$4.25
Slippage, 4 orders
−$139.55
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$164.8
Costs to cover
1.605%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Bybit: live order book, 5 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 BingX live order book, 10 min ago7.98 bp31.1 bp −$31106.4 bp −$1,064653.7 bp −$65.4Kdoesn't fit
Sell Bybit live order book, 5 min ago5.89 bp46.3 bp −$46298.5 bp −$2,985doesn't fitdoesn't fit

SIGN on 12 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 SIGNUSDT−0.0408%1h0.01192+0.059%$30K$674K50xas long as short
Aster SIGNUSDT−0.0326%4h0.01193+0.113%$10K$5K5xas long as short
Variational Omni SIGN−0.0309%4h0.01188−0.286%$81K$793as long as short
BloFin SIGN-USDT−0.0076%4h0.01190−0.118%$120K$16K25xas long as short
Binance SIGNUSDT−0.0062%4h0.01191−0.008%$2.3M$1.6M25xas long as short
MEXC SIGN_USDT−0.0050%4h0.01191+0.008%$12.0M$121K20xas long as short
Bybit SIGNUSDTshort+0.0100%4h0.01190−0.143%$2.1M$358K25x
OKX SIGN-USDT-SWAP+0.0100%4h0.01191−0.042%$643K$260K20xas long as short
Gate SIGN_USDT+0.0100%4h0.01190−0.109%$89K$32K25xas long as short
KuCoin SIGNUSDTM+0.0100%4h0.01193+0.143%$1.5M$14K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SIGNUSDT+0.0100%4h0.01191+0.008%$901K$171K25xas long as short
BingX SIGN-USDTlong+0.0100%4h0.01191long leg$6.6M