Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.011%
Price spread now: KuCoin against Extended−0.100%7-day average +0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$283as in the Funding arb table
Net, price: spread back to 7d avg − costs−$307as in the Price arb table
costs, in and out, $10k−$2902.902% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.100%, 7d avg +0.071%
=Together, before fees+0.190%+ Points / potential airdropExtended: Active · farm board+$19 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: KuCoin is 0.171% cheaper against Extended than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAPIEN-USD | 0.07900 | 0.0104 | pay 0.0013% / 1h | 43m 45s | $3K | $167K | 5x |
| Short | KuCoin SAPIENUSDTM | 0.07892 | 0.0100 | get 0.0050% / 4h | 3h 43m | $698K | $3.0M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.100% → +0.071%
- −$17.14
- Slippage, 4 orders
- −$273.24
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$308.22
- Costs to cover
- 2.902%
- Break-even
- never at this rate
Slippage from Extended: live order book, 7 min ago; KuCoin: 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 Extended live order book, 7 min ago | 4.94 bp | 52.3 bp −$52 | 552.0 bp −$5,520 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 4.43 bp | 63.1 bp −$63 | 446.8 bp −$4,468 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAPIEN-USDT | +0.0096% | 4h | 0.07889 | −0.138% | $90K | $15K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07889 | −0.138% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07901 | +0.020% | $2.0M | $996K | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07903 | +0.039% | $509K | $108K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07906 | +0.077% | $167K | $76K | 10x | as long as short |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07902 | +0.026% | $874K | $63K | 50x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07902 | +0.026% | $9.3M | $105K | 50x | as long as short |
| KuCoin SAPIENUSDTMshort | +0.0100% | 4h | 0.07892 | −0.100% | $698K | $3.0M | 30x | |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07895 | −0.062% | $603K | $257K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07907 | +0.090% | — | $6.5M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07903 | +0.040% | $10K | $4K | — | as long as short |
| Extended SAPIEN-USDlong | +0.0104% | 1h | 0.07900 | long leg | $3K | $167K | 5x |
Extended SAPIEN-USD
KuCoin SAPIENUSDTM
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
Gate SAPIEN_USDT
MEXC SAPIEN_USDT
Bitget SAPIENUSDT
BingX SAPIEN-USDT
Variational Omni SAPIEN