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 BingX+0.013%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1241.244% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 7 days−0.121%−$12 · spread now +0.013%, 7d avg −0.062%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.075% dearer against BingX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SAPIEN-USDT | 0.07918 | 0.0100 | pay 0.0050% / 4h | 1h 27m | — | $6.5M | — |
| Short | MEXC SAPIEN_USDT | 0.07919 | 0.0100 | get 0.0050% / 4h | 1h 27m | $9.4M | $109K | 50x |
BingX SAPIEN-USDT
MEXC SAPIEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BingX. 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: +0.013% → −0.062%
- $7.51
- Slippage, 4 orders
- −$110.39
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$116.88
- Costs to cover
- 1.244%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; MEXC: 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 BingX live order book, 3 min ago | 6.32 bp | 37.3 bp −$37 | 117.5 bp −$1,175 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.90 bp | 27.0 bp −$27 | 71.2 bp −$712 | 257.0 bp −$25.7K | 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 | +0.0092% | 4h | 0.07906 | −0.152% | $90K | $16K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07915 | −0.041% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07922 | +0.051% | $2.0M | $1.1M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07932 | +0.177% | $512K | $115K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07936 | +0.227% | $168K | $81K | 10x | as long as short |
| MEXC SAPIEN_USDTshort | +0.0100% | 4h | 0.07919 | +0.013% | $9.4M | $109K | 50x | |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07920 | +0.025% | $701K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07919 | +0.013% | $607K | $287K | 25x | as long as short |
| BingX SAPIEN-USDTlong | +0.0100% | 4h | 0.07918 | long leg | — | $6.5M | — | |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07913 | −0.062% | $9K | $5K | — | as long as short |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
KuCoin SAPIENUSDTM
Bitget SAPIENUSDT
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 | +0.052% | $733 | $154K | 5x | as long as short |
| Gate SAPIEN_USDT | +0.0176% | 4h | 0.07924 | +0.076% | $874K | $70K | 50x | as long as short |
Extended SAPIEN-USD
Gate SAPIEN_USDT