Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC+0.101%7-day average +0.062% · 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−$113as in the Price arb table
costs, in and out, $10k−$1171.172% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days+0.025%+$3 · spread now +0.101%, 7d avg +0.062%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.039% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SAPIEN_USDT | 0.07927 | 0.0100 | pay 0.0050% / 4h | 23m 22s | $9.4M | $108K | 50x |
| Short | BingX SAPIEN-USDT | 0.07935 | 0.0100 | get 0.0050% / 4h | 23m 22s | — | $6.5M | — |
MEXC SAPIEN_USDT
BingX SAPIEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: +0.101% → +0.062%
- $3.89
- Slippage, 4 orders
- −$103.2
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$113.31
- Costs to cover
- 1.172%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; BingX: 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 MEXC live order book, 5 min ago | 1.89 bp | 28.1 bp −$28 | 65.1 bp −$651 | 223.0 bp −$22.3K | doesn't fit |
| Sell BingX live order book, 2 min ago | 5.67 bp | 30.0 bp −$30 | 99.7 bp −$997 | 691.4 bp −$69.1K | 1080.0 bp −$540.0K |
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 | +0.0048% | 4h | 0.07938 | +0.139% | $91K | $16K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07928 | +0.008% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07931 | +0.045% | $2.0M | $1.1M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07940 | +0.164% | $509K | $119K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07942 | +0.189% | $168K | $82K | 10x | as long as short |
| MEXC SAPIEN_USDTlong | +0.0100% | 4h | 0.07927 | long leg | $9.4M | $108K | 50x | |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07930 | +0.038% | $600K | $299K | 25x | as long as short |
| BingX SAPIEN-USDTshort | +0.0100% | 4h | 0.07935 | +0.101% | — | $6.5M | — | |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07947 | +0.246% | $9K | $4K | — | as long as short |
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07927 | +0.004% | $199 | $217K | 5x | as long as short |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
Bitget SAPIENUSDT
Variational Omni SAPIEN
Extended SAPIEN-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SAPIENUSDTM | +0.0124% | 4h | 0.07932 | +0.063% | $705K | $2.9M | 30x | as long as short |
| Gate SAPIEN_USDT | +0.0262% | 4h | 0.07934 | +0.088% | $875K | $71K | 50x | as long as short |
KuCoin SAPIENUSDTM
Gate SAPIEN_USDT