Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.026%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1101.101% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now +0.026%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.025% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SAPIEN_USDT | 0.07783 | 0.0100 | pay 0.0050% / 4h | 2h 15m | $9.2M | $104K | 50x |
| Short | Binance SAPIENUSDT | 0.07785 | 0.0100 | get 0.0050% / 4h | 2h 15m | $1.9M | $1.0M | 25x |
MEXC SAPIEN_USDT
Binance SAPIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: +0.026% → 0.000%
- $2.54
- Slippage, 4 orders
- −$96.13
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$107.59
- Costs to cover
- 1.101%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Binance: 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 MEXC live order book, 2 min ago | 4.50 bp | 21.6 bp −$22 | 69.7 bp −$697 | 273.9 bp −$27.4K | doesn't fit |
| Sell Binance live order book, 3 min ago | 2.57 bp | 36.7 bp −$37 | 173.8 bp −$1,738 | doesn't fit | doesn't fit |
SAPIEN on 11 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 | 0.07779 | −0.045% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDTshort | +0.0100% | 4h | 0.07785 | +0.026% | $1.9M | $1.0M | 25x | |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07791 | +0.103% | $501K | $105K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07786 | +0.039% | $164K | $80K | 10x | as long as short |
| MEXC SAPIEN_USDTlong | +0.0100% | 4h | 0.07783 | long leg | $9.2M | $104K | 50x | |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07779 | −0.051% | $702K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07782 | −0.013% | $595K | $270K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07789 | +0.077% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07794 | +0.142% | $9K | $3K | — | as long as short |
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07783 | 0.000% | $3K | $161K | 5x | as long as short |
Aster SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
KuCoin SAPIENUSDTM
Bitget SAPIENUSDT
BingX SAPIEN-USDT
Variational Omni SAPIEN
Extended SAPIEN-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SAPIEN_USDT | +0.0374% | 4h | 0.07775 | −0.103% | $862K | $66K | 50x | as long as short |
Gate SAPIEN_USDT