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: Bybit against Bitget+0.164%7-day average +0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2382.383% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.164%, 7d avg +0.140%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.025% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.140%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SAPIENUSDT | 0.07908 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $600K | $285K | 25x |
| Short | Bybit SAPIENUSDT | 0.07921 | 0.0100 | get 0.0050% / 4h | 1h 43m | $511K | $115K | 20x |
Bitget SAPIENUSDT
Bybit SAPIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.164% → +0.140%
- $2.46
- Slippage, 4 orders
- −$215.29
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$235.82
- Costs to cover
- 2.383%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 62 min ago; Bybit: live order book, 57 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, 62 min ago | 8.88 bp | 24.4 bp −$24 | 369.5 bp −$3,695 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 57 min ago | 4.46 bp | 100.1 bp −$100 | doesn't fit | 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 | +0.0078% | 4h | 0.07914 | +0.076% | $91K | $16K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07910 | +0.025% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07918 | +0.129% | $2.0M | $1.1M | 25x | as long as short |
| Bybit SAPIENUSDTshort | +0.0100% | 4h | 0.07921 | +0.164% | $511K | $115K | 20x | |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07916 | +0.101% | $168K | $80K | 10x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07916 | +0.101% | $9.4M | $107K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07916 | +0.101% | $702K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDTlong | +0.0100% | 4h | 0.07908 | long leg | $600K | $285K | 25x | |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07920 | +0.152% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07911 | +0.039% | $9K | $5K | — | as long as short |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Binance 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 | 0.07915 | +0.094% | $733 | $156K | 5x | as long as short |
| Gate SAPIEN_USDT | +0.0340% | 4h | 0.07923 | +0.190% | $874K | $70K | 50x | as long as short |
Extended SAPIEN-USD
Gate SAPIEN_USDT