Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%
Price spread now: KuCoin against Binance−0.056%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$216as in the Funding arb table
Net, price: spread back to 7d avg − costs−$234as in the Price arb table
costs, in and out, $10k−$2252.246% of the position
Funding, last 7 days+0.085%+$8 on $10k
+Price spread, last 7 days+0.083%+$8 · spread now −0.056%, 7d avg +0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.093% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SAPIENUSDT | 0.07839 | 0.0100 | pay 0.0050% / 4h | 1h 02m | $1.9M | $992K | 25x |
| Short | KuCoin SAPIENUSDTM | 0.07835 | 0.0100 | get 0.0050% / 4h | 1h 02m | $700K | $2.9M | 30x |
Binance SAPIENUSDT
KuCoin SAPIENUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.056% → +0.037%
- −$9.35
- Slippage, 4 orders
- −$202.62
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$233.96
- Costs to cover
- 2.246%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 5 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, 2 min ago | 1.91 bp | 36.8 bp −$37 | 356.1 bp −$3,561 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 7.01 bp | 73.2 bp −$73 | 434.1 bp −$4,341 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07833 | −0.078% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDTlong | +0.0100% | 4h | 0.07839 | long leg | $1.9M | $992K | 25x | |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07845 | +0.071% | $505K | $107K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07847 | +0.097% | $165K | $77K | 10x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07839 | −0.005% | $9.3M | $104K | 50x | as long as short |
| KuCoin SAPIENUSDTMshort | +0.0100% | 4h | 0.07835 | −0.056% | $700K | $2.9M | 30x | |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07834 | −0.069% | $602K | $261K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07843 | +0.046% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07847 | +0.097% | $9K | $3K | — | as long as short |
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07837 | −0.026% | $2K | $161K | 5x | as long as short |
Aster SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
MEXC SAPIEN_USDT
Bitget SAPIENUSDT
BingX SAPIEN-USDT
Variational Omni SAPIEN
Extended SAPIEN-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAPIEN-USDT | +0.0117% | 4h | 0.07842 | +0.033% | $91K | $15K | 25x | as long as short |
| Gate SAPIEN_USDT | +0.0290% | 4h | 0.07842 | +0.033% | $867K | $68K | 50x | as long as short |
BloFin SAPIEN-USDT
Gate SAPIEN_USDT