Funding you earn now, next payment 01:00 UTC+0.0045%/8h= +4.9% APRpaid last 24h +0.005%
Price spread now: BloFin against Extended+0.125%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−0.018%−$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.125% dearer against Extended than usual: you sell high and buy low: +$12 more if the spread 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 | Extended SAPIEN-USD | 0.07800 | 0.0104 | pay 0.0013% / 1h | 59m 08s | $528 | $144K | 5x |
| Short | BloFin SAPIEN-USDT | 0.07810 | 0.0149 | get 0.0075% / 4h | 3h 59m | $89K | $15K | 25x |
Extended SAPIEN-USD
BloFin SAPIEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $9.47
- Price spread: +0.125% → 0.000%
- $12.48
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $4.94
- Costs to cover
- 0.170%
- Break-even
- 3.3 days
Slippage unknown: Extended: live order book, 11 min ago; BloFin: no order-book sample. 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 Extended live order book, 11 min ago | 5.33 bp | 62.2 bp −$62 | 563.1 bp −$5,631 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
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 | 0.07795 | −0.065% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07801 | +0.009% | $1.9M | $1.0M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07804 | +0.048% | $500K | $102K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07811 | +0.138% | $164K | $82K | 10x | as long as short |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07796 | −0.055% | $867K | $63K | 50x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07801 | +0.009% | $9.2M | $102K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07796 | −0.055% | $704K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07796 | −0.055% | $607K | $250K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07803 | +0.035% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07808 | +0.105% | $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
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-USDlong | +0.0104% | 1h | 0.07800 | long leg | $528 | $144K | 5x | |
| BloFin SAPIEN-USDTshort | +0.0149% | 4h | 0.07810 | +0.125% | $89K | $15K | 25x |