Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance+0.013%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1231.225% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days+0.107%+$11 · spread now +0.013%, 7d avg +0.062%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.049% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SAPIENUSDT | 0.07995 | 0.0100 | pay 0.0050% / 4h | 3h 05m | $2.0M | $1.1M | 25x |
| Short | BingX SAPIEN-USDT | 0.07996 | 0.0100 | get 0.0050% / 4h | 3h 05m | — | $6.5M | — |
Binance SAPIENUSDT
BingX SAPIEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $0
- Price spread: +0.013% → +0.062%
- −$4.91
- Slippage, 4 orders
- −$102.52
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$127.43
- Costs to cover
- 1.225%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; BingX: live order book, 6 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 Binance live order book, 14 min ago | 1.88 bp | 26.9 bp −$27 | 330.8 bp −$3,308 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 5.00 bp | 32.8 bp −$33 | 102.4 bp −$1,024 | 853.8 bp −$85.4K | 1184.3 bp −$592.2K |
SAPIEN 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAPIEN-USDT | +0.0051% | 4h | 0.07998 | +0.038% | $90K | $16K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07991 | −0.044% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDTlong | +0.0100% | 4h | 0.07995 | long leg | $2.0M | $1.1M | 25x | |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.08008 | +0.163% | $509K | $96K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.08004 | +0.113% | $170K | $82K | 10x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07992 | −0.038% | $9.4M | $108K | 50x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07989 | −0.075% | $603K | $306K | 25x | as long as short |
| BingX SAPIEN-USDTshort | +0.0100% | 4h | 0.07996 | +0.013% | — | $6.5M | — | |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.08005 | +0.127% | $9K | $4K | — | as long as short |
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07993 | −0.028% | $1K | $218K | 5x | as long as short |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
MEXC SAPIEN_USDT
Bitget SAPIENUSDT
Variational Omni SAPIEN
Extended SAPIEN-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SAPIENUSDTM | +0.0374% | 4h | 0.08005 | +0.125% | $711K | $2.8M | 30x | as long as short |
| Gate SAPIEN_USDT | +0.1572% | 4h | 0.07996 | +0.013% | $882K | $71K | 50x | as long as short |
KuCoin SAPIENUSDTM
Gate SAPIEN_USDT