Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: Bitget against KuCoin−0.102%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$216as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2082.077% of the position
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.102%, 7d avg −0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.051% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SAPIENUSDTM | 0.07850 | 0.0100 | pay 0.0050% / 4h | 25m 10s | $696K | $2.9M | 30x |
| Short | Bitget SAPIENUSDT | 0.07842 | 0.0100 | get 0.0050% / 4h | 25m 10s | $600K | $267K | 25x |
KuCoin SAPIENUSDTM
Bitget SAPIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.102% → −0.051%
- −$5.13
- Slippage, 4 orders
- −$183.68
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$212.81
- Costs to cover
- 2.077%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Bitget: live order book, 30 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 | 10.83 bp | 95.7 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 30 min ago | 9.56 bp | 24.1 bp −$24 | 254.0 bp −$2,540 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAPIEN-USDT | +0.0071% | 4h | 0.07847 | −0.038% | $90K | $15K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07844 | −0.071% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07854 | +0.049% | $1.9M | $997K | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07860 | +0.127% | $506K | $107K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07861 | +0.140% | $166K | $77K | 10x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07848 | −0.025% | $9.3M | $103K | 50x | as long as short |
| KuCoin SAPIENUSDTMlong | +0.0100% | 4h | 0.07850 | long leg | $696K | $2.9M | 30x | |
| Bitget SAPIENUSDTshort | +0.0100% | 4h | 0.07842 | −0.102% | $600K | $267K | 25x | |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07856 | +0.076% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07860 | +0.128% | $9K | $3K | — | as long as short |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
MEXC SAPIEN_USDT
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 | 0.07851 | +0.017% | $3K | $165K | 5x | as long as short |
| Gate SAPIEN_USDT | +0.0134% | 4h | 0.07852 | +0.025% | $868K | $64K | 50x | as long as short |
Extended SAPIEN-USD
Gate SAPIEN_USDT