Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: BingX against KuCoin0.000%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2332.331% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 7 days+0.079%+$8 · spread now 0.000%, 7d avg +0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.026% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SAPIENUSDTM | 0.07894 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $699K | $3.0M | 30x |
| Short | BingX SAPIEN-USDT | 0.07894 | 0.0100 | get 0.0050% / 4h | 3h 30m | — | $6.5M | — |
KuCoin SAPIENUSDTM
BingX SAPIEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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: 0.000% → +0.026%
- −$2.61
- Slippage, 4 orders
- −$211.08
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$235.7
- Costs to cover
- 2.331%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 6 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 KuCoin live order book, 2 min ago | 6.34 bp | 86.5 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 6.34 bp | 37.2 bp −$37 | 103.4 bp −$1,034 | 750.8 bp −$75.1K | 1146.0 bp −$573.0K |
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 | +0.0056% | 4h | 0.07888 | −0.076% | $91K | $15K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07888 | −0.082% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07895 | +0.013% | $2.0M | $996K | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07903 | +0.114% | $509K | $108K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07899 | +0.063% | $167K | $75K | 10x | as long as short |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07895 | +0.013% | $873K | $64K | 50x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07896 | +0.025% | $9.3M | $106K | 50x | as long as short |
| KuCoin SAPIENUSDTMlong | +0.0100% | 4h | 0.07894 | long leg | $699K | $3.0M | 30x | |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07888 | −0.076% | $603K | $259K | 25x | as long as short |
| BingX SAPIEN-USDTshort | +0.0100% | 4h | 0.07894 | 0.000% | — | $6.5M | — |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
Gate SAPIEN_USDT
MEXC SAPIEN_USDT
Bitget SAPIENUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07903 | +0.115% | $10K | $4K | — | as long as short |
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07893 | −0.017% | $3K | $164K | 5x | as long as short |
Variational Omni SAPIEN
Extended SAPIEN-USD