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: Bitget against OKX−0.038%7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1681.684% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)−0.145%−$14 · spread now −0.038%, 7d avg −0.115%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.077% dearer against OKX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.115%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SAPIEN-USDT-SWAP | 0.07863 | 0.0100 | pay 0.0050% / 4h | 52m 37s | $167K | $76K | 10x |
| Short | Bitget SAPIENUSDT | 0.07860 | 0.0100 | get 0.0050% / 4h | 52m 37s | $599K | $295K | 25x |
OKX SAPIEN-USDT-SWAP
Bitget SAPIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.038% → −0.115%
- $7.66
- Slippage, 4 orders
- −$146.36
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$160.69
- Costs to cover
- 1.684%
- Break-even
- never at this rate
Slippage from OKX: live order book, 50 min ago; Bitget: live order book, 50 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, 50 min ago | 5.69 bp | 63.1 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 50 min ago | 8.85 bp | 26.2 bp −$26 | 212.5 bp −$2,125 | doesn't fit | doesn't fit |
SAPIEN on 12 exchanges
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 | 0.07859 | −0.051% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07857 | −0.073% | $2.0M | $986K | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07862 | −0.013% | $502K | $89K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAPlong | +0.0100% | 4h | 0.07863 | long leg | $167K | $76K | 10x | |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07866 | +0.038% | $866K | $54K | 50x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07859 | −0.051% | $9.3M | $105K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07860 | −0.038% | $701K | $2.7M | 30x | as long as short |
| Bitget SAPIENUSDTshort | +0.0100% | 4h | 0.07860 | −0.038% | $599K | $295K | 25x | |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07862 | −0.013% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07876 | +0.171% | $9K | $4K | — | as long as short |
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
Gate SAPIEN_USDT
MEXC SAPIEN_USDT
KuCoin SAPIENUSDTM
BingX SAPIEN-USDT
Variational Omni SAPIENShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07855 | −0.107% | $4K | $221K | 5x | as long as short |
| BloFin SAPIEN-USDT | +0.0111% | 4h | 0.07864 | +0.013% | $89K | $16K | 25x | as long as short |
Extended SAPIEN-USD
BloFin SAPIEN-USDT