Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against OKX−0.051%7-day average −0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1591.587% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)−0.173%−$17 · spread now −0.051%, 7d avg −0.105%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.055% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.105%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SAPIEN-USDT-SWAP | 0.07898 | 0.0100 | pay 0.0050% / 4h | 2h 52m | $168K | $76K | 10x |
| Short | MEXC SAPIEN_USDT | 0.07894 | 0.0100 | get 0.0050% / 4h | 2h 52m | $9.3M | $105K | 50x |
OKX SAPIEN-USDT-SWAP
MEXC SAPIEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.051% → −0.105%
- $5.48
- Slippage, 4 orders
- −$144.75
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$153.27
- Costs to cover
- 1.587%
- Break-even
- never at this rate
Slippage from OKX: live order book, 58 min ago; MEXC: live order book, 1 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, 58 min ago | 6.33 bp | 54.9 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.53 bp | 26.2 bp −$26 | 61.5 bp −$615 | 226.0 bp −$22.6K | 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 | +0.0066% | 4h | 0.07894 | −0.051% | $90K | $16K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07887 | −0.140% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07896 | −0.030% | $2.0M | $991K | 25x | as long as short |
| OKX SAPIEN-USDT-SWAPlong | +0.0100% | 4h | 0.07898 | long leg | $168K | $76K | 10x | |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07900 | +0.025% | $874K | $64K | 50x | as long as short |
| MEXC SAPIEN_USDTshort | +0.0100% | 4h | 0.07894 | −0.051% | $9.3M | $105K | 50x | |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07896 | −0.025% | $700K | $3.0M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07883 | −0.190% | $603K | $259K | 25x | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07910 | +0.153% | $10K | $4K | — | as long as short |
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07891 | −0.093% | $1K | $159K | 5x | as long as short |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Binance SAPIENUSDT
Gate SAPIEN_USDT
KuCoin SAPIENUSDTM
Bitget SAPIENUSDT
Variational Omni SAPIEN
Extended SAPIEN-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SAPIEN-USDT | +0.0492% | 4h | 0.07900 | +0.025% | — | $6.5M | — | as long as short |
| Bybit SAPIENUSDT | +0.0588% | 4h | 0.07906 | +0.101% | $510K | $110K | 20x | as long as short |
BingX SAPIEN-USDT
Bybit SAPIENUSDT