Funding you earn now, next payment 04:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.007%
Price spread now: Bybit against BloFin+0.256%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+0.006%+$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: Bybit is 0.256% dearer against BloFin than usual: you sell high and buy low, +$26 on $10k if it 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 | BloFin SAPIEN-USDT | 0.07817 | 0.0102 | pay 0.0051% / 4h | 3h 12m | $89K | $15K | 25x |
| Short | Bybit SAPIENUSDT | 0.07837 | 0.0100 | get 0.0050% / 4h | 3h 12m | $502K | $100K | 20x |
BloFin SAPIEN-USDT
Bybit SAPIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$0.37
- Price spread: +0.256% → 0.000%
- $25.59
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $2.21
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: BloFin: no order-book sample; Bybit: live order book, 52 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 Bybit live order book, 52 min ago | 3.20 bp | 86.2 bp −$86 | doesn't fit | 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 | 0.07820 | +0.040% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07820 | +0.038% | $1.9M | $1.0M | 25x | as long as short |
| Bybit SAPIENUSDTshort | +0.0100% | 4h | 0.07837 | +0.256% | $502K | $100K | 20x | |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07826 | +0.115% | $164K | $79K | 10x | as long as short |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07841 | +0.307% | $869K | $65K | 50x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07822 | +0.064% | $9.2M | $105K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07824 | +0.090% | $705K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07825 | +0.102% | $605K | $256K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07828 | +0.141% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07823 | +0.074% | $9K | $3K | — | as long as short |
Aster SAPIENUSDT
Binance 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAPIEN-USDTlong | +0.0102% | 4h | 0.07817 | long leg | $89K | $15K | 25x | |
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07818 | +0.017% | $260 | $155K | 5x | as long as short |
Extended SAPIEN-USD