Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against OKX+0.013%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1651.654% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.013%, 7d avg −0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.054% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SAPIEN-USDT-SWAP | 0.07800 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $164K | $80K | 10x |
| Short | BingX SAPIEN-USDT | 0.07801 | 0.0100 | get 0.0050% / 4h | 2h 24m | — | $6.5M | — |
OKX SAPIEN-USDT-SWAP
BingX SAPIEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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: +0.013% → −0.041%
- $5.38
- Slippage, 4 orders
- −$145.39
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$160.01
- Costs to cover
- 1.654%
- Break-even
- never at this rate
Slippage from OKX: live order book, 40 min ago; BingX: live order book, 6 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 OKX live order book, 40 min ago | 5.13 bp | 48.7 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 7.69 bp | 39.3 bp −$39 | 105.4 bp −$1,054 | 734.1 bp −$73.4K | 1162.7 bp −$581.3K |
SAPIEN on 11 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 | 0.07795 | −0.066% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07801 | +0.010% | $1.9M | $1.0M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07808 | +0.103% | $502K | $105K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAPlong | +0.0100% | 4h | 0.07800 | long leg | $164K | $80K | 10x | |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07799 | −0.013% | $9.2M | $104K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07793 | −0.090% | $701K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07783 | −0.218% | $597K | $270K | 25x | as long as short |
| BingX SAPIEN-USDTshort | +0.0100% | 4h | 0.07801 | +0.013% | — | $6.5M | — | |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07808 | +0.105% | $9K | $3K | — | as long as short |
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07799 | −0.014% | $443 | $162K | 5x | as long as short |
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
MEXC SAPIEN_USDT
KuCoin SAPIENUSDTM
Bitget SAPIENUSDT
Variational Omni SAPIEN
Extended SAPIEN-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SAPIEN_USDT | +0.0274% | 4h | 0.07778 | −0.282% | $862K | $66K | 50x | as long as short |
Gate SAPIEN_USDT