Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget+0.205%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1201.198% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.212%−$21 · spread now +0.205%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.196% dearer against Bitget than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SAPIENUSDT | 0.07840 | 0.0100 | pay 0.0050% / 4h | 30m 09s | $599K | $267K | 25x |
| Short | Binance SAPIENUSDT | 0.07856 | 0.0100 | get 0.0050% / 4h | 30m 09s | $1.9M | $997K | 25x |
Bitget SAPIENUSDT
Binance SAPIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: +0.205% → +0.009%
- $19.59
- Slippage, 4 orders
- −$97.83
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$100.24
- Costs to cover
- 1.198%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 25 min ago; Binance: live order book, 4 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 Bitget live order book, 25 min ago | 9.56 bp | 28.6 bp −$29 | 497.1 bp −$4,971 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.92 bp | 32.8 bp −$33 | 176.3 bp −$1,763 | 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 | +0.0051% | 4h | 0.07823 | −0.217% | $90K | $15K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07842 | +0.021% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDTshort | +0.0100% | 4h | 0.07856 | +0.205% | $1.9M | $997K | 25x | |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07859 | +0.242% | $506K | $107K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07862 | +0.281% | $166K | $77K | 10x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07854 | +0.179% | $9.3M | $103K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07848 | +0.102% | $695K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDTlong | +0.0100% | 4h | 0.07840 | long leg | $599K | $267K | 25x | |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07855 | +0.191% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07857 | +0.218% | $9K | $3K | — | as long as short |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
MEXC SAPIEN_USDT
KuCoin SAPIENUSDTM
BingX SAPIEN-USDT
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 | 0.07854 | +0.174% | $3K | $165K | 5x | as long as short |
| Gate SAPIEN_USDT | +0.0132% | 4h | 0.07851 | +0.140% | $868K | $64K | 50x | as long as short |
Extended SAPIEN-USD
Gate SAPIEN_USDT