Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.031%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1091.089% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now −0.031%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.031% cheaper against Binance than usual: you would sell low and buy high, −$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 | Binance SAPIENUSDT | 0.07939 | 0.0100 | pay 0.0050% / 4h | 36m 00s | $2.0M | $1.1M | 25x |
| Short | MEXC SAPIEN_USDT | 0.07937 | 0.0100 | get 0.0050% / 4h | 36m 00s | $9.4M | $108K | 50x |
Binance SAPIENUSDT
MEXC SAPIEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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: −0.031% → 0.000%
- −$3.05
- Slippage, 4 orders
- −$94.93
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$111.99
- Costs to cover
- 1.089%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; MEXC: live order book, 2 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 Binance live order book, 13 min ago | 1.88 bp | 30.1 bp −$30 | 358.3 bp −$3,583 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.89 bp | 16.4 bp −$16 | 65.6 bp −$656 | 271.2 bp −$27.1K | 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 | +0.0099% | 4h | 0.07948 | +0.108% | $91K | $16K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07939 | −0.008% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDTlong | +0.0100% | 4h | 0.07939 | long leg | $2.0M | $1.1M | 25x | |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07950 | +0.133% | $509K | $119K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07955 | +0.196% | $169K | $82K | 10x | as long as short |
| MEXC SAPIEN_USDTshort | +0.0100% | 4h | 0.07937 | −0.031% | $9.4M | $108K | 50x | |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07940 | +0.007% | $602K | $298K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07946 | +0.083% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07975 | +0.447% | $9K | $5K | — | as long as short |
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07941 | +0.013% | $3K | $195K | 5x | as long as short |
BloFin SAPIEN-USDT
Aster 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SAPIENUSDTM | +0.0178% | 4h | 0.07943 | +0.045% | $705K | $2.9M | 30x | as long as short |
| Gate SAPIEN_USDT | +0.0362% | 4h | 0.07945 | +0.070% | $876K | $71K | 50x | as long as short |
KuCoin SAPIENUSDTM
Gate SAPIEN_USDT