Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX−0.088%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1191.194% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 7 days−0.014%−$1 · spread now −0.088%, 7d avg −0.063%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.025% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SAPIEN-USDT | 0.07943 | 0.0100 | pay 0.0050% / 4h | 1h 58m | — | $6.5M | — |
| Short | MEXC SAPIEN_USDT | 0.07936 | 0.0100 | get 0.0050% / 4h | 1h 58m | $9.4M | $106K | 50x |
BingX SAPIEN-USDT
MEXC SAPIEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.088% → −0.063%
- −$2.54
- Slippage, 4 orders
- −$105.4
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$121.94
- Costs to cover
- 1.194%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; MEXC: live order book, 5 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, 7 min ago | 5.05 bp | 33.2 bp −$33 | 109.0 bp −$1,090 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 3.16 bp | 22.7 bp −$23 | 71.2 bp −$712 | 263.6 bp −$26.4K | 696.9 bp −$348.4K |
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 | +0.0057% | 4h | 0.07922 | −0.264% | $90K | $16K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07924 | −0.235% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07933 | −0.126% | $2.0M | $1.1M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07946 | +0.038% | $513K | $115K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07940 | −0.038% | $168K | $79K | 10x | as long as short |
| MEXC SAPIEN_USDTshort | +0.0100% | 4h | 0.07936 | −0.088% | $9.4M | $106K | 50x | |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07937 | −0.076% | $700K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07938 | −0.063% | $599K | $274K | 25x | as long as short |
| BingX SAPIEN-USDTlong | +0.0100% | 4h | 0.07943 | long leg | — | $6.5M | — | |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07926 | −0.214% | $9K | $5K | — | as long as short |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
KuCoin SAPIENUSDTM
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 | 0.07931 | −0.154% | $2K | $153K | 5x | as long as short |
| Gate SAPIEN_USDT | +0.0450% | 4h | 0.07948 | +0.063% | $880K | $65K | 50x | as long as short |
Extended SAPIEN-USD
Gate SAPIEN_USDT