Funding you earn now, next payment 08:00 UTC+0.0048%/8h= +5.2% APRnext payment +$0.24 per $10,000 · paid last 24h +0.008%
Price spread now: BloFin against Bitget+0.203%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.203% dearer against Bitget than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SAPIENUSDT | 0.07874 | 0.0100 | pay 0.0050% / 4h | 3h 11m | $602K | $258K | 25x |
| Short | BloFin SAPIEN-USDT | 0.07890 | 0.0148 | get 0.0074% / 4h | 3h 11m | $91K | $15K | 25x |
Bitget SAPIENUSDT
BloFin SAPIEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $10.03
- Price spread: +0.203% → 0.000%
- $20.32
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $6.35
- Costs to cover
- 0.240%
- Break-even
- 2.6 days
Slippage unknown: Bitget: live order book, 39 min ago; BloFin: no order-book sample. Net counts fees only.
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, 39 min ago | 8.87 bp | 25.5 bp −$26 | 413.9 bp −$4,139 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.07879 | +0.062% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07883 | +0.114% | $2.0M | $991K | 25x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07895 | +0.267% | $167K | $75K | 10x | as long as short |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07887 | +0.165% | $872K | $64K | 50x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07885 | +0.140% | $9.3M | $107K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07886 | +0.152% | $702K | $3.0M | 30x | as long as short |
| Bitget SAPIENUSDTlong | +0.0100% | 4h | 0.07874 | long leg | $602K | $258K | 25x | |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07893 | +0.236% | $10K | $4K | — | as long as short |
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07884 | +0.123% | $3K | $161K | 5x | as long as short |
| BloFin SAPIEN-USDTshort | +0.0148% | 4h | 0.07890 | +0.203% | $91K | $15K | 25x |
Aster SAPIENUSDT
Binance SAPIENUSDT
OKX SAPIEN-USDT-SWAP
Gate SAPIEN_USDT
MEXC SAPIEN_USDT
KuCoin SAPIENUSDTM
Variational Omni SAPIEN
Extended SAPIEN-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SAPIEN-USDT | +0.0276% | 4h | 0.07890 | +0.203% | — | $6.5M | — | as long as short |
| Bybit SAPIENUSDT | +0.0355% | 4h | 0.07895 | +0.267% | $510K | $109K | 20x | as long as short |
BingX SAPIEN-USDT
Bybit SAPIENUSDT