Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.6% APRnext payment −$0.03 per $10,000 · paid last 24h −0.007%
Price spread now: Binance against BloFin−0.151%71s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.151% cheaper against BloFin than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SAPIEN-USDT | 0.07903 | 0.0106 | pay 0.0053% / 4h | 3h 56m | $91K | $15K | 25x |
| Short | Binance SAPIENUSDT | 0.07891 | 0.0100 | get 0.0050% / 4h | 3h 56m | $2.0M | $997K | 25x |
BloFin SAPIEN-USDT
Binance SAPIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$1.24
- Price spread: −0.151% → 0.000%
- −$15.05
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$38.3
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Binance: live order book, 8 min ago. 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 8 min ago | 0.63 bp | 36.0 bp −$36 | 194.9 bp −$1,949 | doesn't fit | doesn't fit |
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 | 0.07888 | −0.196% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDTshort | +0.0100% | 4h | 0.07891 | −0.151% | $2.0M | $997K | 25x | |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07896 | −0.089% | $508K | $108K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07897 | −0.076% | $167K | $76K | 10x | as long as short |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07897 | −0.076% | $873K | $63K | 50x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07890 | −0.164% | $9.3M | $105K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07893 | −0.127% | $699K | $3.0M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07887 | −0.202% | $604K | $267K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07893 | −0.127% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07897 | −0.074% | $10K | $4K | — | as long as short |
Aster SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
Gate SAPIEN_USDT
MEXC SAPIEN_USDT
KuCoin SAPIENUSDTM
Bitget SAPIENUSDT
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 | 0.07886 | −0.212% | $3K | $169K | 5x | as long as short |
| BloFin SAPIEN-USDTlong | +0.0106% | 4h | 0.07903 | long leg | $91K | $15K | 25x |
Extended SAPIEN-USD