Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Extended+0.051%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$2092.092% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now +0.051%, 7d avg +0.098%
=Together, before fees+0.085%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.047% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.098%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAPIEN-USD | 0.07838 | 0.0104 | pay 0.0013% / 1h | 4m 31s | $2K | $161K | 5x |
| Short | BingX SAPIEN-USDT | 0.07842 | 0.0100 | get 0.0050% / 4h | 1h 04m | — | $6.5M | — |
Extended SAPIEN-USD
BingX SAPIEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Extended. 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
- −$0.84
- Price spread: +0.051% → +0.098%
- −$4.69
- Slippage, 4 orders
- −$194.19
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$214.73
- Costs to cover
- 2.092%
- Break-even
- never at this rate
Slippage from Extended: live order book, 56 min ago; BingX: live order book, 11 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 Extended live order book, 56 min ago | 6.28 bp | 51.0 bp −$51 | 540.1 bp −$5,401 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 7.62 bp | 36.1 bp −$36 | 110.1 bp −$1,101 | 739.3 bp −$73.9K | 1141.0 bp −$570.5K |
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 | −0.069% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07837 | −0.013% | $1.9M | $991K | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07845 | +0.089% | $505K | $107K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07847 | +0.115% | $165K | $77K | 10x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07840 | +0.025% | $9.3M | $104K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07836 | −0.026% | $707K | $3.0M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07831 | −0.090% | $600K | $260K | 25x | as long as short |
| BingX SAPIEN-USDTshort | +0.0100% | 4h | 0.07842 | +0.051% | — | $6.5M | — | |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07847 | +0.114% | $9K | $3K | — | as long as short |
| Extended SAPIEN-USDlong | +0.0104% | 1h | 0.07838 | long leg | $2K | $161K | 5x |
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
MEXC SAPIEN_USDT
KuCoin SAPIENUSDTM
Bitget SAPIENUSDT
Variational Omni SAPIENShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAPIEN-USDT | +0.0138% | 4h | 0.07842 | +0.051% | $91K | $15K | 25x | as long as short |
| Gate SAPIEN_USDT | +0.0308% | 4h | 0.07840 | +0.025% | $867K | $68K | 50x | as long as short |
BloFin SAPIEN-USDT
Gate SAPIEN_USDT