Settings8H · net · $10k
Funding arb · Price arb /

SAPIEN

all SAPIEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.03 per $10,000 · paid last 24h −0.007%
Price spread now: BingX against BloFin+0.013%66s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SAPIEN-USDT0.078530.0093pay 0.0047% / 4h25m 55s$91K$15K25x
ShortBingX SAPIEN-USDT0.078540.0100get 0.0050% / 4h25m 55s$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.44
Price spread: +0.013% → 0.000%
$1.27
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$19.29
Costs to cover
0.220%
Break-even
100.8 days
Slippage unknown: BloFin: no order-book sample; BingX: live order book, 9 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell BingX live order book, 9 min ago7.02 bp38.1 bp −$38117.1 bp −$1,171724.0 bp −$72.4K1093.8 bp −$546.9K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SAPIEN-USDTlong+0.0093%4h0.07853long leg$91K$15K25x
Aster SAPIENUSDT+0.0100%4h0.07845−0.108%$45K$4K5xas long as short
Binance SAPIENUSDT+0.0100%4h0.07850−0.041%$1.9M$997K25xas long as short
Bybit SAPIENUSDT+0.0100%4h0.07858+0.064%$506K$107K20xas long as short
OKX SAPIEN-USDT-SWAP+0.0100%4h0.07861+0.102%$166K$77K10xas long as short
MEXC SAPIEN_USDT+0.0100%4h0.07848−0.064%$9.3M$103K50xas long as short
KuCoin SAPIENUSDTM+0.0100%4h0.07848−0.064%$696K$2.9M30xas long as short
Bitget SAPIENUSDT+0.0100%4h0.07841−0.153%$599K$267K25xas long as short
BingX SAPIEN-USDTshort+0.0100%4h0.07854+0.013%$6.5M
Variational Omni SAPIEN+0.0100%4h0.07860+0.090%$9K$3Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended SAPIEN-USD+0.0104%1h0.07846−0.090%$3K$165K5xas long as short
Gate SAPIEN_USDT+0.0136%4h0.07845−0.102%$868K$64K50xas long as short