Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Extended−0.004%7-day average +0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2032.032% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.004%, 7d avg +0.098%
=Together, before fees+0.123%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.102% cheaper against Extended than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.098%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAPIEN-USD | 0.07818 | 0.0104 | pay 0.0013% / 1h | 14m 01s | $260 | $155K | 5x |
| Short | BingX SAPIEN-USDT | 0.07818 | 0.0100 | get 0.0050% / 4h | 3h 14m | — | $6.5M | — |
Extended SAPIEN-USD
BingX SAPIEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Extended. 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
- −$0.84
- Price spread: −0.004% → +0.098%
- −$10.19
- Slippage, 4 orders
- −$188.24
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$214.27
- Costs to cover
- 2.032%
- Break-even
- never at this rate
Slippage from Extended: live order book, 57 min ago; BingX: 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 Extended live order book, 57 min ago | 5.33 bp | 62.2 bp −$62 | 563.1 bp −$5,631 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 5.76 bp | 35.5 bp −$36 | 92.5 bp −$925 | 710.8 bp −$71.1K | 1163.2 bp −$581.6K |
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 | 0.07809 | −0.122% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07820 | +0.022% | $1.9M | $1.0M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07827 | +0.111% | $501K | $100K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07825 | +0.086% | $164K | $78K | 10x | as long as short |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07830 | +0.150% | $869K | $64K | 50x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07822 | +0.047% | $9.2M | $105K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07821 | +0.035% | $704K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07825 | +0.086% | $605K | $256K | 25x | as long as short |
| BingX SAPIEN-USDTshort | +0.0100% | 4h | 0.07818 | −0.004% | — | $6.5M | — | |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07823 | +0.057% | $9K | $3K | — | as long as short |
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
Gate SAPIEN_USDT
MEXC SAPIEN_USDT
KuCoin SAPIENUSDTM
Bitget SAPIENUSDT
Variational Omni SAPIENShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SAPIEN-USDlong | +0.0104% | 1h | 0.07818 | long leg | $260 | $155K | 5x | |
| BloFin SAPIEN-USDT | +0.0125% | 4h | 0.07817 | −0.017% | $90K | $15K | 25x | as long as short |
BloFin SAPIEN-USDT