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: MEXC against OKX−0.115%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1471.466% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)−0.113%−$11 · spread now −0.115%, 7d avg −0.108%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SAPIEN-USDT-SWAP | 0.07847 | 0.0100 | pay 0.0050% / 4h | 1h 01m | $165K | $77K | 10x |
| Short | MEXC SAPIEN_USDT | 0.07838 | 0.0100 | get 0.0050% / 4h | 1h 01m | $9.3M | $104K | 50x |
OKX SAPIEN-USDT-SWAP
MEXC SAPIEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against OKX. 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: −0.115% → −0.108%
- −$0.62
- Slippage, 4 orders
- −$132.6
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$147.22
- Costs to cover
- 1.466%
- Break-even
- never at this rate
Slippage from OKX: live order book, 58 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 OKX live order book, 58 min ago | 5.12 bp | 55.8 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 3.19 bp | 17.8 bp −$18 | 55.0 bp −$550 | 224.5 bp −$22.4K | 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 | 0.07833 | −0.178% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07836 | −0.140% | $1.9M | $992K | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07845 | −0.025% | $505K | $107K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAPlong | +0.0100% | 4h | 0.07847 | long leg | $165K | $77K | 10x | |
| MEXC SAPIEN_USDTshort | +0.0100% | 4h | 0.07838 | −0.115% | $9.3M | $104K | 50x | |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07835 | −0.153% | $700K | $3.0M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07836 | −0.140% | $602K | $261K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07843 | −0.051% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07847 | 0.000% | $9K | $3K | — | as long as short |
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07834 | −0.166% | $2K | $161K | 5x | as long as short |
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
KuCoin SAPIENUSDTM
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 | +0.0117% | 4h | 0.07842 | −0.064% | $91K | $15K | 25x | as long as short |
| Gate SAPIEN_USDT | +0.0290% | 4h | 0.07841 | −0.076% | $867K | $68K | 50x | as long as short |
BloFin SAPIEN-USDT
Gate SAPIEN_USDT