Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.011%
Price spread now: KuCoin against Extended+0.104%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$275as in the Funding arb table
Net, price: spread back to 7d avg − costs−$279as in the Price arb table
costs, in and out, $10k−$2822.825% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.104%, 7d avg +0.071%
=Together, before fees−0.005%+ Points / potential airdropExtended: Active · farm board$0 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: KuCoin is 0.033% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAPIEN-USD | 0.07931 | 0.0104 | pay 0.0013% / 1h | 58m 04s | $2K | $153K | 5x |
| Short | KuCoin SAPIENUSDTM | 0.07939 | 0.0100 | get 0.0050% / 4h | 1h 58m | $700K | $2.9M | 30x |
Extended SAPIEN-USD
KuCoin SAPIENUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.104% → +0.071%
- $3.31
- Slippage, 4 orders
- −$265.49
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$280.02
- Costs to cover
- 2.825%
- Break-even
- never at this rate
Slippage from Extended: live order book, 48 min ago; KuCoin: live order book, 9 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, 48 min ago | 4.82 bp | 62.9 bp −$63 | 573.8 bp −$5,738 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 6.94 bp | 72.9 bp −$73 | 441.3 bp −$4,413 | 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 | +0.0057% | 4h | 0.07922 | −0.110% | $90K | $16K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07925 | −0.078% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07933 | +0.029% | $2.0M | $1.1M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07946 | +0.192% | $513K | $115K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07940 | +0.117% | $168K | $79K | 10x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07933 | +0.029% | $9.4M | $106K | 50x | as long as short |
| KuCoin SAPIENUSDTMshort | +0.0100% | 4h | 0.07939 | +0.104% | $700K | $2.9M | 30x | |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07938 | +0.092% | $599K | $274K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07943 | +0.155% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07926 | −0.059% | $9K | $5K | — | as long as short |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
MEXC SAPIEN_USDT
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 | 0.07931 | long leg | $2K | $153K | 5x | |
| Gate SAPIEN_USDT | +0.0450% | 4h | 0.07948 | +0.218% | $880K | $65K | 50x | as long as short |
Gate SAPIEN_USDT