Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%
Price spread now: KuCoin against MEXC+0.064%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2102.104% of the position
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 7 days−0.031%−$3 · spread now +0.064%, 7d avg +0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.027% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SAPIEN_USDT | 0.07758 | 0.0100 | pay 0.0050% / 4h | 2h 42m | $9.2M | $103K | 50x |
| Short | KuCoin SAPIENUSDTM | 0.07763 | 0.0100 | get 0.0050% / 4h | 2h 42m | $701K | $2.9M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.064% → +0.038%
- $2.69
- Slippage, 4 orders
- −$194.39
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$207.7
- Costs to cover
- 2.104%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 10 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, 1 min ago | 2.58 bp | 19.5 bp −$20 | 65.2 bp −$652 | 216.6 bp −$21.7K | 648.3 bp −$324.1K |
| Sell KuCoin live order book, 10 min ago | 5.80 bp | 89.0 bp −$89 | 455.3 bp −$4,553 | 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 | 0.07762 | +0.048% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07761 | +0.035% | $1.9M | $1.0M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07769 | +0.142% | $499K | $104K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07774 | +0.206% | $163K | $80K | 10x | as long as short |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07758 | 0.000% | $860K | $66K | 50x | as long as short |
| MEXC SAPIEN_USDTlong | +0.0100% | 4h | 0.07758 | long leg | $9.2M | $103K | 50x | |
| KuCoin SAPIENUSDTMshort | +0.0100% | 4h | 0.07763 | +0.064% | $701K | $2.9M | 30x | |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07760 | +0.026% | $596K | $264K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07764 | +0.077% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07768 | +0.133% | $9K | $3K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07758 | −0.003% | $5K | $158K | 5x | as long as short |
| BloFin SAPIEN-USDT | +0.0129% | 4h | 0.07766 | +0.103% | $90K | $15K | 25x | as long as short |
MEXC SAPIEN_USDT
KuCoin SAPIENUSDTM
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
Gate SAPIEN_USDT
Bitget SAPIENUSDT
BingX SAPIEN-USDT
Variational Omni SAPIEN
Extended SAPIEN-USD
BloFin SAPIEN-USDT