Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against Binance−0.043%7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1331.333% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days+0.149%+$15 · spread now −0.043%, 7d avg +0.064%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.107% cheaper against Binance than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SAPIENUSDT | 0.07775 | 0.0100 | pay 0.0050% / 4h | 20m 14s | $1.9M | $1.0M | 25x |
| Short | BingX SAPIEN-USDT | 0.07772 | 0.0100 | get 0.0050% / 4h | 20m 14s | — | $6.5M | — |
Binance SAPIENUSDT
BingX SAPIEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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: −0.043% → +0.064%
- −$10.69
- Slippage, 4 orders
- −$113.29
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$143.98
- Costs to cover
- 1.333%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; BingX: 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 Binance live order book, 14 min ago | 3.86 bp | 35.8 bp −$36 | 310.0 bp −$3,100 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 6.43 bp | 39.3 bp −$39 | 100.1 bp −$1,001 | 675.4 bp −$67.5K | 1119.5 bp −$559.7K |
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 | +0.0087% | 4h | 0.07752 | −0.300% | $90K | $15K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07762 | −0.169% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDTlong | +0.0100% | 4h | 0.07775 | long leg | $1.9M | $1.0M | 25x | |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07782 | +0.086% | $499K | $101K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07779 | +0.047% | $164K | $80K | 10x | as long as short |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07777 | +0.021% | $865K | $64K | 50x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07773 | −0.030% | $9.2M | $104K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07766 | −0.120% | $690K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07762 | −0.171% | $609K | $247K | 25x | as long as short |
| BingX SAPIEN-USDTshort | +0.0100% | 4h | 0.07772 | −0.043% | — | $6.5M | — |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
Gate SAPIEN_USDT
MEXC SAPIEN_USDT
KuCoin SAPIENUSDTM
Bitget SAPIENUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07782 | +0.092% | $9K | $3K | — | as long as short |
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07773 | −0.028% | $528 | $144K | 5x | as long as short |
Variational Omni SAPIEN
Extended SAPIEN-USD