Funding you earn now, next payment 12:00 UTC−0.0003%/8h= −0.4% APRnext payment −$0.02 per $10,000 · paid last 24h −0.011%
Price spread now: MEXC against BloFin−0.113%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.003%$0 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: MEXC is 0.113% cheaper against BloFin than usual: you would sell low and buy high, −$11 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 | 0.07999 | 0.0103 | pay 0.0052% / 4h | 3h 00m | $90K | $16K | 25x |
| Short | MEXC SAPIEN_USDT | 0.07990 | 0.0100 | get 0.0050% / 4h | 3h 00m | $9.4M | $108K | 50x |
BloFin SAPIEN-USDT
MEXC SAPIEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$0.71
- Price spread: −0.113% → 0.000%
- −$11.25
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$27.97
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago | 3.13 bp | 16.0 bp −$16 | 58.9 bp −$589 | 245.3 bp −$24.5K | 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 | 0.07989 | −0.124% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07991 | −0.106% | $2.0M | $1.1M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.08001 | +0.025% | $508K | $96K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.08004 | +0.063% | $170K | $82K | 10x | as long as short |
| MEXC SAPIEN_USDTshort | +0.0100% | 4h | 0.07990 | −0.113% | $9.4M | $108K | 50x | |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07990 | −0.113% | $603K | $306K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07997 | −0.025% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.08005 | +0.077% | $9K | $4K | — | as long as short |
| BloFin SAPIEN-USDTlong | +0.0103% | 4h | 0.07999 | long leg | $90K | $16K | 25x | |
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07988 | −0.134% | $1K | $218K | 5x | as long as short |
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
Bitget SAPIENUSDT
BingX SAPIEN-USDT
Variational Omni SAPIEN
Extended SAPIEN-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SAPIENUSDTM | +0.0348% | 4h | 0.07991 | −0.100% | $712K | $2.8M | 30x | as long as short |
| Gate SAPIEN_USDT | +0.1298% | 4h | 0.07999 | 0.000% | $882K | $71K | 50x | as long as short |
KuCoin SAPIENUSDTM
Gate SAPIEN_USDT