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: Bitget against Binance+0.038%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1141.139% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.038%, 7d avg −0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.048% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SAPIENUSDT | 0.07924 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $2.0M | $1.1M | 25x |
| Short | Bitget SAPIENUSDT | 0.07927 | 0.0100 | get 0.0050% / 4h | 1h 56m | $598K | $274K | 25x |
Binance SAPIENUSDT
Bitget SAPIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.038% → −0.010%
- $4.8
- Slippage, 4 orders
- −$91.93
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$109.13
- Costs to cover
- 1.139%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Bitget: live order book, 49 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, 7 min ago | 1.26 bp | 38.9 bp −$39 | 325.8 bp −$3,258 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 49 min ago | 8.88 bp | 20.6 bp −$21 | 295.6 bp −$2,956 | 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 | +0.0096% | 4h | 0.07927 | +0.038% | $90K | $16K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07925 | +0.018% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDTlong | +0.0100% | 4h | 0.07924 | long leg | $2.0M | $1.1M | 25x | |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07935 | +0.139% | $512K | $115K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07940 | +0.202% | $168K | $79K | 10x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07926 | +0.025% | $9.4M | $106K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07933 | +0.114% | $700K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDTshort | +0.0100% | 4h | 0.07927 | +0.038% | $598K | $274K | 25x | |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07934 | +0.126% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07926 | +0.026% | $9K | $5K | — | as long as short |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
MEXC SAPIEN_USDT
KuCoin SAPIENUSDTM
BingX SAPIEN-USDT
Variational Omni SAPIENShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07922 | −0.028% | $2K | $153K | 5x | as long as short |
| Gate SAPIEN_USDT | +0.0434% | 4h | 0.07938 | +0.177% | $879K | $66K | 50x | as long as short |
Extended SAPIEN-USD
Gate SAPIEN_USDT