Settings8H · net · $10k
Funding arb · Price arb /

SAPIEN

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0056%/8h= −6.1% APRnext payment $0.28 per $10,000 · paid last 24h +0.006%
Price spread now: BloFin against Binance−0.017%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SAPIENUSDT0.077580.0100pay 0.0050% / 4h1h 46m$1.9M$993K25x
ShortBloFin SAPIEN-USDT0.077570.0044get 0.0022% / 4h1h 46m$90K$15K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$11.75
Price spread: −0.017% → 0.000%
−$1.74
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$35.49
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 2 min ago; BloFin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 2 min ago1.29 bp35.5 bp −$36322.1 bp −$3,221doesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SAPIEN on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SAPIEN-USDTshort+0.0044%4h0.07757−0.017%$90K$15K25x
Aster SAPIENUSDT+0.0100%4h0.07757−0.013%$44K$3K5xas long as short
Binance SAPIENUSDTlong+0.0100%4h0.07758long leg$1.9M$993K25x
Bybit SAPIENUSDT+0.0100%4h0.07765+0.086%$498K$99K20xas long as short
OKX SAPIEN-USDT-SWAP+0.0100%4h0.07761+0.034%$163K$78K10xas long as short
Gate SAPIEN_USDT+0.0100%4h0.07775+0.215%$865K$64K50xas long as short
MEXC SAPIEN_USDT+0.0100%4h0.07759+0.008%$9.2M$104K50xas long as short
KuCoin SAPIENUSDTM+0.0100%4h0.07763+0.060%$697K$2.8M30xas long as short
Bitget SAPIENUSDT+0.0100%4h0.07756−0.030%$590K$226K25xas long as short
BingX SAPIEN-USDT+0.0100%4h0.07767+0.111%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SAPIEN+0.0100%4h0.07780+0.277%$9K$3Kas long as short
Extended SAPIEN-USD+0.0104%1h0.07757−0.017%$527$144K5xas long as short