Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.038%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1161.158% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now +0.038%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.037% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SAPIEN_USDT | 0.07956 | 0.0100 | pay 0.0050% / 4h | 3h 56m | $9.4M | $105K | 50x |
| Short | Binance SAPIENUSDT | 0.07959 | 0.0100 | get 0.0050% / 4h | 3h 56m | $2.0M | $1.1M | 25x |
MEXC SAPIEN_USDT
Binance SAPIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: +0.038% → 0.000%
- $3.74
- Slippage, 4 orders
- −$101.78
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$112.04
- Costs to cover
- 1.158%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Binance: live order book, 8 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 MEXC live order book, 2 min ago | 1.89 bp | 30.2 bp −$30 | 74.1 bp −$741 | 236.7 bp −$23.7K | 505.9 bp −$252.9K |
| Sell Binance live order book, 8 min ago | 1.26 bp | 29.6 bp −$30 | 167.5 bp −$1,675 | 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 | 0.07955 | −0.016% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDTshort | +0.0100% | 4h | 0.07959 | +0.038% | $2.0M | $1.1M | 25x | |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07964 | +0.101% | $169K | $82K | 10x | as long as short |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07961 | +0.063% | $878K | $69K | 50x | as long as short |
| MEXC SAPIEN_USDTlong | +0.0100% | 4h | 0.07956 | long leg | $9.4M | $105K | 50x | |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07953 | −0.038% | $708K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07952 | −0.050% | $600K | $308K | 25x | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07967 | +0.144% | $9K | $4K | — | as long as short |
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07956 | −0.002% | $199 | $212K | 5x | as long as short |
| Bybit SAPIENUSDT | +0.0109% | 4h | 0.07965 | +0.113% | $505K | $122K | 20x | as long as short |
Aster SAPIENUSDT
OKX SAPIEN-USDT-SWAP
Gate SAPIEN_USDT
KuCoin SAPIENUSDTM
Bitget SAPIENUSDT
Variational Omni SAPIEN
Extended SAPIEN-USD
Bybit SAPIENUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAPIEN-USDT | +0.0117% | 4h | 0.07966 | +0.126% | $91K | $16K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0556% | 4h | 0.07958 | +0.025% | — | $6.5M | — | as long as short |
BloFin SAPIEN-USDT
BingX SAPIEN-USDT