Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: MEXC against Extended+0.040%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1931.927% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.040%, 7d avg +0.029%
=Together, before fees−0.018%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAPIEN-USD | 0.07963 | 0.0104 | pay 0.0013% / 1h | 52m 49s | $199 | $212K | 5x |
| Short | MEXC SAPIEN_USDT | 0.07966 | 0.0100 | get 0.0050% / 4h | 3h 52m | $9.4M | $105K | 50x |
Extended SAPIEN-USD
MEXC SAPIEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.040% → +0.029%
- $1.11
- Slippage, 4 orders
- −$183.69
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$192.42
- Costs to cover
- 1.927%
- Break-even
- never at this rate
Slippage from Extended: live order book, 43 min ago; MEXC: live order book, 5 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, 43 min ago | 5.04 bp | 69.1 bp −$69 | 563.4 bp −$5,634 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.89 bp | 18.9 bp −$19 | 66.5 bp −$665 | 254.6 bp −$25.5K | 488.4 bp −$244.2K |
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 | 0.07963 | +0.003% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07965 | +0.027% | $2.0M | $1.1M | 25x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07969 | +0.077% | $169K | $82K | 10x | as long as short |
| MEXC SAPIEN_USDTshort | +0.0100% | 4h | 0.07966 | +0.040% | $9.4M | $105K | 50x | |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07966 | +0.040% | $708K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07963 | +0.002% | $601K | $308K | 25x | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07969 | +0.080% | $9K | $4K | — | as long as short |
| Extended SAPIEN-USDlong | +0.0104% | 1h | 0.07963 | long leg | $199 | $212K | 5x | |
| BloFin SAPIEN-USDT | +0.0117% | 4h | 0.07957 | −0.073% | $91K | $16K | 25x | as long as short |
| Gate SAPIEN_USDT | +0.0162% | 4h | 0.07968 | +0.065% | $879K | $69K | 50x | as long as short |
Aster SAPIENUSDT
Binance SAPIENUSDT
OKX SAPIEN-USDT-SWAP
KuCoin SAPIENUSDTM
Bitget SAPIENUSDT
Variational Omni SAPIEN
BloFin SAPIEN-USDT
Gate SAPIEN_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SAPIENUSDT | +0.0369% | 4h | 0.07976 | +0.165% | $506K | $122K | 20x | as long as short |
| BingX SAPIEN-USDT | +0.0556% | 4h | 0.07968 | +0.065% | — | $6.5M | — | as long as short |
Bybit SAPIENUSDT
BingX SAPIEN-USDT