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 Bitget−0.013%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1001.002% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.013%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.021% cheaper against Bitget than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SAPIENUSDT | 0.07939 | 0.0100 | pay 0.0050% / 4h | 1h 00m | $602K | $302K | 25x |
| Short | MEXC SAPIEN_USDT | 0.07938 | 0.0100 | get 0.0050% / 4h | 1h 00m | $9.4M | $110K | 50x |
Bitget SAPIENUSDT
MEXC SAPIEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bitget. 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% → +0.009%
- −$2.12
- Slippage, 4 orders
- −$84.23
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$102.35
- Costs to cover
- 1.002%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 40 min ago; MEXC: live order book, 3 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 Bitget live order book, 40 min ago | 7.59 bp | 22.9 bp −$23 | 317.4 bp −$3,174 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.89 bp | 14.0 bp −$14 | 64.7 bp −$647 | 222.1 bp −$22.2K | 553.3 bp −$276.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07932 | −0.092% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07939 | −0.005% | $2.0M | $1.1M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07947 | +0.101% | $509K | $120K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07948 | +0.113% | $169K | $82K | 10x | as long as short |
| MEXC SAPIEN_USDTshort | +0.0100% | 4h | 0.07938 | −0.013% | $9.4M | $110K | 50x | |
| Bitget SAPIENUSDTlong | +0.0100% | 4h | 0.07939 | long leg | $602K | $302K | 25x | |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07934 | −0.063% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07949 | +0.121% | $9K | $5K | — | as long as short |
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07936 | −0.033% | $725 | $151K | 5x | as long as short |
| BloFin SAPIEN-USDT | +0.0144% | 4h | 0.07935 | −0.050% | $91K | $16K | 25x | as long as short |
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
BingX SAPIEN-USDT
Variational Omni SAPIEN
Extended SAPIEN-USD
BloFin SAPIEN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SAPIENUSDTM | +0.0184% | 4h | 0.07936 | −0.038% | $707K | $2.9M | 30x | as long as short |
| Gate SAPIEN_USDT | +0.0396% | 4h | 0.07941 | +0.025% | $877K | $71K | 50x | as long as short |
KuCoin SAPIENUSDTM
Gate SAPIEN_USDT