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: BingX against Bitget−0.038%7-day average +0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1431.425% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)+0.095%+$9 · spread now −0.038%, 7d avg +0.075%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.114% cheaper against Bitget than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SAPIENUSDT | 0.07805 | 0.0100 | pay 0.0050% / 4h | 3h 42m | $608K | $250K | 25x |
| Short | BingX SAPIEN-USDT | 0.07802 | 0.0100 | get 0.0050% / 4h | 3h 42m | — | $6.5M | — |
Bitget SAPIENUSDT
BingX SAPIEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.038% → +0.075%
- −$11.35
- Slippage, 4 orders
- −$120.51
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$153.86
- Costs to cover
- 1.425%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 28 min ago; BingX: 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, 28 min ago | 8.99 bp | 32.8 bp −$33 | 394.8 bp −$3,948 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 7.05 bp | 42.3 bp −$42 | 103.3 bp −$1,033 | 713.6 bp −$71.4K | 1152.9 bp −$576.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07794 | −0.145% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07802 | −0.041% | $1.9M | $1.0M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07800 | −0.064% | $499K | $100K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07802 | −0.038% | $164K | $81K | 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 | 0.07802 | −0.038% | $9.2M | $103K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07801 | −0.051% | $699K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDTlong | +0.0100% | 4h | 0.07805 | long leg | $608K | $250K | 25x | |
| BingX SAPIEN-USDTshort | +0.0100% | 4h | 0.07802 | −0.038% | — | $6.5M | — | |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07809 | +0.055% | $9K | $3K | — | as long as short |
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
Gate SAPIEN_USDT
MEXC SAPIEN_USDT
KuCoin SAPIENUSDTM
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 | 0.07800 | −0.065% | $3K | $144K | 5x | as long as short |
| BloFin SAPIEN-USDT | +0.0146% | 4h | 0.07789 | −0.205% | $89K | $15K | 25x | as long as short |
Extended SAPIEN-USD
BloFin SAPIEN-USDT