Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%
Price spread now: KuCoin against BingX−0.038%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$238as in the Price arb table
costs, in and out, $10k−$2372.366% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 7 days−0.004%$0 · spread now −0.038%, 7d avg −0.025%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SAPIEN-USDT | 0.07805 | 0.0100 | pay 0.0050% / 4h | 3h 37m | — | $6.5M | — |
| Short | KuCoin SAPIENUSDTM | 0.07802 | 0.0100 | get 0.0050% / 4h | 3h 37m | $705K | $2.9M | 30x |
BingX SAPIEN-USDT
KuCoin SAPIENUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.038% → −0.025%
- −$1.32
- Slippage, 4 orders
- −$214.65
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$237.97
- Costs to cover
- 2.366%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; KuCoin: live order book, 9 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 | 7.05 bp | 31.5 bp −$31 | 104.6 bp −$1,046 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 10.90 bp | 74.0 bp −$74 | 448.3 bp −$4,483 | 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 | 0.07792 | −0.163% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07799 | −0.079% | $1.9M | $1.0M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07803 | −0.026% | $500K | $100K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07814 | +0.115% | $164K | $80K | 10x | as long as short |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07814 | +0.115% | $869K | $63K | 50x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07799 | −0.077% | $9.2M | $103K | 50x | as long as short |
| KuCoin SAPIENUSDTMshort | +0.0100% | 4h | 0.07802 | −0.038% | $705K | $2.9M | 30x | |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07804 | −0.013% | $608K | $250K | 25x | as long as short |
| BingX SAPIEN-USDTlong | +0.0100% | 4h | 0.07805 | long leg | — | $6.5M | — | |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07805 | +0.004% | $9K | $3K | — | as long as short |
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
Gate SAPIEN_USDT
MEXC SAPIEN_USDT
Bitget SAPIENUSDT
Variational Omni SAPIENShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07798 | −0.095% | $3K | $144K | 5x | as long as short |
| BloFin SAPIEN-USDT | +0.0144% | 4h | 0.07797 | −0.102% | $90K | $15K | 25x | as long as short |
Extended SAPIEN-USD
BloFin SAPIEN-USDT