Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: KuCoin against Gate−0.089%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$316as in the Funding arb table
Net, price: spread back to 7d avg − costs−$312as in the Price arb table
costs, in and out, $10k−$3103.104% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.089%, 7d avg −0.077%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SAPIEN_USDT | 0.07879 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $867K | $60K | 50x |
| Short | KuCoin SAPIENUSDTM | 0.07872 | 0.0100 | get 0.0050% / 4h | 1h 30m | $707K | $2.8M | 30x |
Gate SAPIEN_USDT
KuCoin SAPIENUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0
- Price spread: −0.089% → −0.077%
- −$1.14
- Slippage, 4 orders
- −$283.44
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$311.59
- Costs to cover
- 3.104%
- Break-even
- never at this rate
Slippage from Gate: live order book, 14 min ago; KuCoin: live order book, 10 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 Gate live order book, 14 min ago | 10.11 bp | 82.9 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 4.43 bp | 69.9 bp −$70 | 428.4 bp −$4,284 | doesn't fit | doesn't fit |
SAPIEN on 12 exchanges
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 | 0.07868 | −0.140% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07868 | −0.135% | $2.0M | $1.0M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07869 | −0.127% | $503K | $89K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07884 | +0.063% | $168K | $80K | 10x | as long as short |
| Gate SAPIEN_USDTlong | +0.0100% | 4h | 0.07879 | long leg | $867K | $60K | 50x | |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07867 | −0.152% | $9.3M | $103K | 50x | as long as short |
| KuCoin SAPIENUSDTMshort | +0.0100% | 4h | 0.07872 | −0.089% | $707K | $2.8M | 30x | |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07870 | −0.114% | $614K | $290K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07874 | −0.063% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07874 | −0.068% | $9K | $4K | — | as long as short |
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
MEXC SAPIEN_USDT
Bitget SAPIENUSDT
BingX SAPIEN-USDT
Variational Omni SAPIENShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07866 | −0.163% | $123 | $221K | 5x | as long as short |
| BloFin SAPIEN-USDT | +0.0110% | 4h | 0.07877 | −0.025% | $90K | $16K | 25x | as long as short |
Extended SAPIEN-USD
BloFin SAPIEN-USDT