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: OKX against KuCoin+0.101%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$272as in the Funding arb table
Net, price: spread back to 7d avg − costs−$261as in the Price arb table
costs, in and out, $10k−$2652.646% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)+0.144%+$14 · spread now +0.101%, 7d avg +0.063%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.038% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SAPIENUSDTM | 0.07890 | 0.0100 | pay 0.0050% / 4h | 3h 48m | $698K | $3.0M | 30x |
| Short | OKX SAPIEN-USDT-SWAP | 0.07898 | 0.0100 | get 0.0050% / 4h | 3h 48m | $167K | $76K | 10x |
KuCoin SAPIENUSDTM
OKX SAPIEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.101% → +0.063%
- $3.8
- Slippage, 4 orders
- −$242.57
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$260.77
- Costs to cover
- 2.646%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; OKX: live order book, 1 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, 3 min ago | 5.69 bp | 85.1 bp −$85 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 6.33 bp | 50.8 bp −$51 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07888 | −0.021% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07894 | +0.046% | $2.0M | $996K | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07900 | +0.127% | $508K | $108K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAPshort | +0.0100% | 4h | 0.07898 | +0.101% | $167K | $76K | 10x | |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07900 | +0.127% | $873K | $63K | 50x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07893 | +0.038% | $9.3M | $105K | 50x | as long as short |
| KuCoin SAPIENUSDTMlong | +0.0100% | 4h | 0.07890 | long leg | $698K | $3.0M | 30x | |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07893 | +0.038% | $603K | $257K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07898 | +0.101% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07906 | +0.204% | $10K | $4K | — | as long as short |
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
Gate SAPIEN_USDT
MEXC SAPIEN_USDT
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 | 0.07891 | +0.017% | $3K | $167K | 5x | as long as short |
| BloFin SAPIEN-USDT | +0.0158% | 4h | 0.07893 | +0.038% | $90K | $15K | 25x | as long as short |
Extended SAPIEN-USD
BloFin SAPIEN-USDT