Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against BingX−0.102%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$2042.041% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now −0.102%, 7d avg −0.098%
=Together, before fees−0.034%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SAPIEN-USDT | 0.07860 | 0.0100 | pay 0.0050% / 4h | 1h 41m | — | $6.5M | — |
| Short | Extended SAPIEN-USD | 0.07852 | 0.0104 | get 0.0013% / 1h | 41m 22s | $158 | $159K | 5x |
BingX SAPIEN-USDT
Extended SAPIEN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.102% → −0.098%
- −$0.43
- Slippage, 4 orders
- −$189.06
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$203.65
- Costs to cover
- 2.041%
- Break-even
- 1704.1 days
Slippage from BingX: live order book, 9 min ago; Extended: live order book, 20 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, 9 min ago | 7.02 bp | 43.9 bp −$44 | 148.4 bp −$1,484 | 1295.6 bp −$129.6K | 1494.5 bp −$747.2K |
| Sell Extended live order book, 20 min ago | 6.28 bp | 84.2 bp −$84 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07855 | −0.068% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07854 | −0.076% | $1.9M | $1.0M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07865 | +0.064% | $506K | $106K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07864 | +0.051% | $166K | $77K | 10x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07854 | −0.076% | $9.3M | $102K | 50x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07852 | −0.102% | $602K | $259K | 25x | as long as short |
| BingX SAPIEN-USDTlong | +0.0100% | 4h | 0.07860 | long leg | — | $6.5M | — | |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07845 | −0.189% | $9K | $3K | — | as long as short |
| Extended SAPIEN-USDshort | +0.0104% | 1h | 0.07852 | −0.102% | $158 | $159K | 5x | |
| KuCoin SAPIENUSDTM | +0.0132% | 4h | 0.07861 | +0.013% | $709K | $2.9M | 30x | as long as short |
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
MEXC SAPIEN_USDT
Bitget SAPIENUSDT
Variational Omni SAPIEN
KuCoin SAPIENUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAPIEN-USDT | +0.0143% | 4h | 0.07850 | −0.127% | $90K | $15K | 25x | as long as short |
| Gate SAPIEN_USDT | +0.0672% | 4h | 0.07858 | −0.025% | $870K | $67K | 50x | as long as short |
BloFin SAPIEN-USDT
Gate SAPIEN_USDT