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 OKX−0.128%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$247as in the Funding arb table
Net, price: spread back to 7d avg − costs−$261as in the Price arb table
costs, in and out, $10k−$2542.541% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)−0.076%−$8 · spread now −0.128%, 7d avg −0.063%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.065% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SAPIEN-USDT-SWAP | 0.07807 | 0.0100 | pay 0.0050% / 4h | 3h 53m | $164K | $80K | 10x |
| Short | KuCoin SAPIENUSDTM | 0.07797 | 0.0100 | get 0.0050% / 4h | 3h 53m | $701K | $2.9M | 30x |
OKX SAPIEN-USDT-SWAP
KuCoin SAPIENUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.128% → −0.063%
- −$6.46
- Slippage, 4 orders
- −$232.05
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$260.51
- Costs to cover
- 2.541%
- Break-even
- never at this rate
Slippage from OKX: live order book, 16 min ago; KuCoin: live order book, 4 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, 16 min ago | 8.35 bp | 50.2 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 10.90 bp | 72.9 bp −$73 | 447.1 bp −$4,471 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAPIEN-USDT | +0.0095% | 4h | 0.07790 | −0.218% | $89K | $15K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07793 | −0.181% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07795 | −0.152% | $1.9M | $1.0M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07805 | −0.026% | $501K | $100K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAPlong | +0.0100% | 4h | 0.07807 | long leg | $164K | $80K | 10x | |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07794 | −0.167% | $867K | $63K | 50x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07793 | −0.179% | $9.2M | $102K | 50x | as long as short |
| KuCoin SAPIENUSDTMshort | +0.0100% | 4h | 0.07797 | −0.128% | $701K | $2.9M | 30x | |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07794 | −0.167% | $607K | $247K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07800 | −0.090% | — | $6.5M | — | as long as short |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
Gate SAPIEN_USDT
MEXC SAPIEN_USDT
Bitget SAPIENUSDT
BingX SAPIEN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07807 | −0.001% | $9K | $3K | — | as long as short |
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07793 | −0.176% | $528 | $141K | 5x | as long as short |
Variational Omni SAPIEN
Extended SAPIEN-USD