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

SAPIEN

all SAPIEN markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0039%/8h= +4.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.004%
Price spread now: KuCoin against BloFin+0.077%7-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+0.089%+$9 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.077% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SAPIEN-USDT0.077910.0061pay 0.0031% / 4h3h 52m$89K$15K25x
ShortKuCoin SAPIENUSDTM0.077970.0100get 0.0050% / 4h3h 52m$701K$2.9M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$8.15
Price spread: +0.077% → 0.000%
$7.7
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$8.15
Costs to cover
0.240%
Break-even
14.0 days
Slippage unknown: BloFin: no order-book sample; KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago10.90 bp72.9 bp −$73447.1 bp −$4,471doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SAPIEN-USDTlong+0.0061%4h0.07791long leg$89K$15K25x
Aster SAPIENUSDT+0.0100%4h0.07793+0.027%$45K$4K5xas long as short
Binance SAPIENUSDT+0.0100%4h0.07796+0.070%$1.9M$1.0M25xas long as short
Bybit SAPIENUSDT+0.0100%4h0.07806+0.193%$501K$100K20xas long as short
OKX SAPIEN-USDT-SWAP+0.0100%4h0.07807+0.205%$164K$80K10xas long as short
Gate SAPIEN_USDT+0.0100%4h0.07795+0.051%$867K$63K50xas long as short
MEXC SAPIEN_USDT+0.0100%4h0.07794+0.039%$9.2M$103K50xas long as short
KuCoin SAPIENUSDTMshort+0.0100%4h0.07797+0.077%$701K$2.9M30x
Bitget SAPIENUSDT+0.0100%4h0.07795+0.051%$607K$247K25xas long as short
BingX SAPIEN-USDT+0.0100%4h0.07802+0.141%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SAPIEN+0.0100%4h0.07807+0.205%$9K$3Kas long as short
Extended SAPIEN-USD+0.0104%1h0.07795+0.050%$528$141K5xas long as short