SIGN Funding Rate — live across 9 venues

Compared across 9 supported venues · net of estimated fees · updated every few minutes

Live annualized SIGN perpetual funding across all 9 venues Perpia tracks. Right now SIGN funding is positive on 7 and negative on 2, ranging from +10.9% on Bybit to -58.5% on Variational — a spread of 69.4%. The widest delta-neutral trade is long Variational / short Bybit at 65.4% net APR.

venues

paying positive

69.4%

funding spread

Best SIGN spread now

65.4%

net APR after fees

Long Variational→Short Bybit

size depends on live venue depth — see the real cap in the scanner

SIGN funding trend & liquidity

168h of history

69.4%

current gross APR

95.9%

24h average

91.9%

7-day average

$57K

pair OI · lower leg

$36K

24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

SIGN funding rate history

30d · 6h buckets · 9 venues

72.9%0-188.9%

4 Aug3 Sep

SIGN — average across 9 venuesAsterBinanceBitgetKuCoin

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +0.8%. A break in a line means no data was recorded for that stretch, not a zero rate.

SIGN funding rate by venue

22 pairs scanned

Venue	Funding APR	Interval
Bybit ↗	+10.9%	4h
BingX ↗	+10.9%	4h
Bitget ↗	+10.9%	4h
KuCoin ↗	+10.9%	4h
OKX ↗	+9.1%	4h
Binance ↗	+5.6%	4h
MEXC ↗	+5.0%	4h
Gate.io ↗	-0.7%	4h
Variational ↗	-58.5%	4h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Variational vs Bybit page.

SIGN arbitrage — 30-day backtest

long Variational · short Bybit

54.5%

backtested APR

+$448

historical net P&L on $10,000

0.01%

max drawdown

$10,000$10,448

30 days agostarting capital $10,000today

Over the last 30 days, holding long Variational / short Bybit would have produced 54.5% APR — versus the 65.4% the live spread implies right now (equity $10,000 → $10,448). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

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SIGN funding — FAQ

Is SIGN funding positive right now?

SIGN perpetual funding is positive on 7 of 9 venues Perpia tracks and negative on 2. The highest is +10.9% on Bybit; the lowest is -58.5% on Variational.

What is the best SIGN funding arbitrage right now?

Go long Variational and short Bybit for about 65.4% net APR after fees — the widest delta-neutral SIGN spread Perpia currently sees.

Which exchange has the highest SIGN funding rate?

Bybit, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.

How SIGN funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to SIGN

Markets also quoted on both Bybit and Variational — the same two exchanges you would already have funded for the SIGN trade.

See every spread between them on the Bybit vs Variational page.

Open the live scanner →All funding rates Funding by exchange How we calculate this