Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit−0.076%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$316as in the Funding arb table
Net, price: spread back to 7d avg − costs−$322as in the Price arb table
costs, in and out, $10k−$3173.172% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)+0.111%+$11 · spread now −0.076%, 7d avg −0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.051% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SAPIENUSDT | 0.07910 | 0.0100 | pay 0.0050% / 4h | 1h 32m | $511K | $115K | 20x |
| Short | OKX SAPIEN-USDT-SWAP | 0.07904 | 0.0100 | get 0.0050% / 4h | 1h 32m | $168K | $81K | 10x |
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. 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
- Price spread: −0.076% → −0.025%
- −$5.11
- Slippage, 4 orders
- −$296.22
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$322.33
- Costs to cover
- 3.172%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 7 min ago.
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 Bybit live order book, 2 min ago | 5.69 bp | 100.1 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 7 min ago | 9.48 bp | 60.7 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAPIEN-USDT | +0.0062% | 4h | 0.07905 | −0.063% | $90K | $16K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07898 | −0.152% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07902 | −0.107% | $2.0M | $1.1M | 25x | as long as short |
| Bybit SAPIENUSDTlong | +0.0100% | 4h | 0.07910 | long leg | $511K | $115K | 20x | |
| OKX SAPIEN-USDT-SWAPshort | +0.0100% | 4h | 0.07904 | −0.076% | $168K | $81K | 10x | |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07900 | −0.126% | $9.3M | $108K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07904 | −0.076% | $705K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07900 | −0.126% | $606K | $287K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07907 | −0.038% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07912 | +0.020% | $9K | $5K | — | as long as short |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Binance SAPIENUSDT
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 | 0.07900 | −0.126% | $733 | $154K | 5x | as long as short |
| Gate SAPIEN_USDT | +0.0230% | 4h | 0.07912 | +0.025% | $873K | $70K | 50x | as long as short |
Extended SAPIEN-USD
Gate SAPIEN_USDT