Funding you earn now, next payment 04:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.22 per $10,000 · paid last 24h −0.013%
Price spread now: BloFin against Gate−0.218%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.141%−$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BloFin is 0.218% cheaper against Gate than usual: you would sell low and buy high (spread −0.218% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 17 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.141%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SAPIEN_USDT | 0.07814 | 0.0100 | pay 0.0050% / 4h | 3h 38m | $869K | $63K | 50x |
| Short | BloFin SAPIEN-USDT | 0.07797 | 0.0144 | get 0.0072% / 4h | 3h 38m | $90K | $15K | 25x |
Gate SAPIEN_USDT
BloFin SAPIEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $9.19
- Price spread: −0.218% → 0.000%
- −$21.76
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$39.57
- Costs to cover
- 0.270%
- Break-even
- 37.2 days
Slippage unknown: Gate: live order book, 33 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 Gate live order book, 33 min ago | 9.63 bp | 74.7 bp −$75 | doesn't fit | 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 | 0.07793 | −0.269% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07799 | −0.197% | $1.9M | $1.0M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07809 | −0.064% | $500K | $100K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07814 | 0.000% | $164K | $80K | 10x | as long as short |
| Gate SAPIEN_USDTlong | +0.0100% | 4h | 0.07814 | long leg | $869K | $63K | 50x | |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07798 | −0.205% | $9.2M | $103K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07798 | −0.205% | $704K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07802 | −0.154% | $608K | $250K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07803 | −0.141% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07805 | −0.111% | $9K | $3K | — | as long as short |
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
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 | 0.07797 | −0.213% | $3K | $144K | 5x | as long as short |
| BloFin SAPIEN-USDTshort | +0.0144% | 4h | 0.07797 | −0.218% | $90K | $15K | 25x |
Extended SAPIEN-USD