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: MEXC against Binance−0.015%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$960.965% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now −0.015%, 7d avg 0.000%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SAPIENUSDT | 0.07869 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $2.0M | $1.0M | 25x |
| Short | MEXC SAPIEN_USDT | 0.07868 | 0.0100 | get 0.0050% / 4h | 1h 30m | $9.3M | $103K | 50x |
Binance SAPIENUSDT
MEXC SAPIEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.015% → 0.000%
- −$1.5
- Slippage, 4 orders
- −$82.49
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$97.99
- Costs to cover
- 0.965%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; MEXC: live order book, 10 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, 11 min ago | 0.63 bp | 31.3 bp −$31 | 276.2 bp −$2,762 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 10 min ago | 1.26 bp | 17.4 bp −$17 | 64.6 bp −$646 | 269.3 bp −$26.9K | doesn't fit |
SAPIEN on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07868 | −0.010% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDTlong | +0.0100% | 4h | 0.07869 | long leg | $2.0M | $1.0M | 25x | |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07869 | −0.002% | $503K | $89K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07884 | +0.188% | $168K | $80K | 10x | as long as short |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07879 | +0.125% | $867K | $60K | 50x | as long as short |
| MEXC SAPIEN_USDTshort | +0.0100% | 4h | 0.07868 | −0.015% | $9.3M | $103K | 50x | |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07876 | +0.087% | $706K | $2.8M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07870 | +0.011% | $614K | $290K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07874 | +0.061% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07874 | +0.057% | $9K | $4K | — | as long as short |
Aster SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
Gate SAPIEN_USDT
KuCoin SAPIENUSDTM
Bitget SAPIENUSDT
BingX SAPIEN-USDT
Variational Omni SAPIENShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07866 | −0.038% | $123 | $221K | 5x | as long as short |
| BloFin SAPIEN-USDT | +0.0110% | 4h | 0.07877 | +0.100% | $90K | $16K | 25x | as long as short |
Extended SAPIEN-USD
BloFin SAPIEN-USDT