Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against MEXC+0.007%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1771.765% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.007%, 7d avg −0.029%
=Together, before fees−0.030%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.036% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SAPIEN_USDT | 0.07898 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $9.3M | $108K | 50x |
| Short | Extended SAPIEN-USD | 0.07899 | 0.0104 | get 0.0013% / 1h | 33m 30s | $733 | $154K | 5x |
MEXC SAPIEN_USDT
Extended SAPIEN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: +0.007% → −0.029%
- $3.6
- Slippage, 4 orders
- −$167.54
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$172.1
- Costs to cover
- 1.765%
- Break-even
- 1441.2 days
Slippage from MEXC: live order book, 5 min ago; Extended: live order book, 7 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 | 3.80 bp | 21.9 bp −$22 | 71.2 bp −$712 | 264.5 bp −$26.5K | doesn't fit |
| Sell Extended live order book, 7 min ago | 4.94 bp | 48.5 bp −$49 | 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 | 0.07899 | +0.012% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07901 | +0.038% | $2.0M | $1.1M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07910 | +0.152% | $511K | $115K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07904 | +0.076% | $168K | $81K | 10x | as long as short |
| MEXC SAPIEN_USDTlong | +0.0100% | 4h | 0.07898 | long leg | $9.3M | $108K | 50x | |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07904 | +0.076% | $703K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07900 | +0.025% | $606K | $287K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07907 | +0.114% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07912 | +0.172% | $9K | $5K | — | as long as short |
| Extended SAPIEN-USDshort | +0.0104% | 1h | 0.07899 | +0.007% | $733 | $154K | 5x |
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
KuCoin SAPIENUSDTM
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAPIEN-USDT | +0.0113% | 4h | 0.07900 | +0.025% | $90K | $16K | 25x | as long as short |
| Gate SAPIEN_USDT | +0.0230% | 4h | 0.07913 | +0.190% | $873K | $70K | 50x | as long as short |
BloFin SAPIEN-USDT
Gate SAPIEN_USDT