Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.030%
Price spread now: MEXC against Gate−0.269%7-day average −0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1721.724% of the position
Funding, last 7 days−0.135%−$14 on $10k
+Price spread, last 4 days (all we have)+0.260%+$26 · spread now −0.269%, 7d avg −0.130%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.140% cheaper against Gate than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.130%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SAPIEN_USDT | 0.07799 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $868K | $64K | 50x |
| Short | MEXC SAPIEN_USDT | 0.07778 | 0.0100 | get 0.0050% / 4h | 1h 10m | $9.2M | $106K | 50x |
Gate SAPIEN_USDT
MEXC SAPIEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.269% → −0.130%
- −$13.95
- Slippage, 4 orders
- −$153.39
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$186.34
- Costs to cover
- 1.724%
- Break-even
- never at this rate
Slippage from Gate: live order book, 6 min ago; MEXC: live order book, 2 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, 6 min ago | 8.33 bp | 68.0 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.93 bp | 12.6 bp −$13 | 59.1 bp −$591 | 251.5 bp −$25.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07779 | −0.251% | $45K | $3K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07779 | −0.258% | $1.9M | $991K | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07794 | −0.064% | $499K | $99K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07797 | −0.026% | $164K | $81K | 10x | as long as short |
| Gate SAPIEN_USDTlong | +0.0100% | 4h | 0.07799 | long leg | $868K | $64K | 50x | |
| MEXC SAPIEN_USDTshort | +0.0100% | 4h | 0.07778 | −0.269% | $9.2M | $106K | 50x | |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07780 | −0.244% | $691K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07779 | −0.256% | $598K | $231K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07789 | −0.128% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07794 | −0.070% | $9K | $3K | — | as long as short |
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
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 | 0.07777 | −0.279% | $527 | $144K | 5x | as long as short |
| BloFin SAPIEN-USDT | +0.0126% | 4h | 0.07776 | −0.295% | $90K | $15K | 25x | as long as short |
Extended SAPIEN-USD
BloFin SAPIEN-USDT