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: OKX against Binance+0.139%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1771.773% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now +0.139%, 7d avg +0.107%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.032% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.107%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SAPIENUSDT | 0.07901 | 0.0100 | pay 0.0050% / 4h | 11m 23s | $2.0M | $980K | 25x |
| Short | OKX SAPIEN-USDT-SWAP | 0.07912 | 0.0100 | get 0.0050% / 4h | 11m 23s | $168K | $80K | 10x |
Binance SAPIENUSDT
OKX SAPIEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.139% → +0.107%
- $3.23
- Slippage, 4 orders
- −$157.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$174.12
- Costs to cover
- 1.773%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; OKX: live order book, 27 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, 16 min ago | 4.45 bp | 35.6 bp −$36 | 268.9 bp −$2,689 | doesn't fit | doesn't fit |
| Sell OKX live order book, 27 min ago | 3.16 bp | 55.3 bp −$55 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAPIEN-USDT | +0.0092% | 4h | 0.07906 | +0.063% | $89K | $17K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07894 | −0.094% | $46K | $6K | 5x | as long as short |
| Binance SAPIENUSDTlong | +0.0100% | 4h | 0.07901 | long leg | $2.0M | $980K | 25x | |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07908 | +0.089% | $504K | $90K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAPshort | +0.0100% | 4h | 0.07912 | +0.139% | $168K | $80K | 10x | |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07912 | +0.139% | $871K | $54K | 50x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07899 | −0.025% | $9.3M | $107K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07905 | +0.051% | $700K | $2.7M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07900 | −0.013% | $602K | $294K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07918 | +0.215% | — | $6.5M | — | as long as short |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Bybit SAPIENUSDT
Gate SAPIEN_USDT
MEXC SAPIEN_USDT
KuCoin SAPIENUSDTM
Bitget SAPIENUSDT
BingX SAPIEN-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07906 | +0.066% | $9K | $4K | — | as long as short |
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07898 | −0.036% | $965 | $226K | 5x | as long as short |
Variational Omni SAPIEN
Extended SAPIEN-USD