Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h −0.012%
Price spread now: MEXC against KuCoin+0.088%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1871.872% of the position
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 7 days−0.113%−$11 · spread now +0.088%, 7d avg −0.036%
=The price spread pays, funding is against you. MEXC is 0.124% dearer against KuCoin than usual: you sell high and buy low (spread +0.088% now, against its 7-day average of −0.036%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SAPIENUSDTM | 0.07953 | 0.0136 | pay 0.0068% / 4h | 6m 54s | $704K | $2.9M | 30x |
| Short | MEXC SAPIEN_USDT | 0.07960 | 0.0100 | get 0.0050% / 4h | 6m 54s | $9.4M | $109K | 50x |
KuCoin SAPIENUSDTM
MEXC SAPIEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against KuCoin. 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
- −$7.56
- Price spread: +0.088% → −0.036%
- $12.4
- Slippage, 4 orders
- −$171.2
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$182.36
- Costs to cover
- 1.872%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; MEXC: live order book, 1 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 KuCoin live order book, 10 min ago | 7.53 bp | 77.2 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.26 bp | 15.0 bp −$15 | 59.3 bp −$593 | 239.8 bp −$24.0K | 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 | 0.07956 | +0.040% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07961 | +0.103% | $2.0M | $1.1M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07968 | +0.189% | $505K | $123K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07965 | +0.151% | $169K | $83K | 10x | as long as short |
| MEXC SAPIEN_USDTshort | +0.0100% | 4h | 0.07960 | +0.088% | $9.4M | $109K | 50x | |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07959 | +0.075% | $600K | $307K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07963 | +0.126% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07975 | +0.277% | $9K | $4K | — | as long as short |
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07959 | +0.073% | $199 | $217K | 5x | as long as short |
| KuCoin SAPIENUSDTMlong | +0.0136% | 4h | 0.07953 | long leg | $704K | $2.9M | 30x |
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
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 | +0.0144% | 4h | 0.07966 | +0.163% | $91K | $16K | 25x | as long as short |
| Gate SAPIEN_USDT | +0.0230% | 4h | 0.07958 | +0.063% | $877K | $72K | 50x | as long as short |
BloFin SAPIEN-USDT
Gate SAPIEN_USDT