Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against BingX−0.066%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1301.301% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now −0.066%, 7d avg −0.064%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SAPIEN-USDT | 0.07786 | 0.0100 | pay 0.0050% / 4h | 27m 50s | — | $6.5M | — |
| Short | Binance SAPIENUSDT | 0.07781 | 0.0100 | get 0.0050% / 4h | 27m 50s | $1.9M | $999K | 25x |
BingX SAPIEN-USDT
Binance SAPIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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: −0.066% → −0.064%
- −$0.18
- Slippage, 4 orders
- −$110.13
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$130.3
- Costs to cover
- 1.301%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Binance: 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 BingX live order book, 8 min ago | 6.42 bp | 36.5 bp −$36 | 100.9 bp −$1,009 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 3.86 bp | 28.5 bp −$28 | 168.4 bp −$1,684 | doesn't fit | doesn't fit |
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 | +0.0062% | 4h | 0.07788 | +0.026% | $90K | $15K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07779 | −0.088% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDTshort | +0.0100% | 4h | 0.07781 | −0.066% | $1.9M | $999K | 25x | |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07790 | +0.051% | $500K | $100K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07786 | 0.000% | $164K | $80K | 10x | as long as short |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07792 | +0.077% | $866K | $64K | 50x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07780 | −0.077% | $9.2M | $104K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07778 | −0.103% | $687K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07778 | −0.103% | $604K | $234K | 25x | as long as short |
| BingX SAPIEN-USDTlong | +0.0100% | 4h | 0.07786 | long leg | — | $6.5M | — |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
Gate SAPIEN_USDT
MEXC SAPIEN_USDT
KuCoin SAPIENUSDTM
Bitget SAPIENUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07795 | +0.111% | $9K | $3K | — | as long as short |
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07778 | −0.098% | $528 | $144K | 5x | as long as short |
Variational Omni SAPIEN
Extended SAPIEN-USD