Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.176%7-day average +0.139% · you sell dearer than you buy
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs−$257as in the Price arb table
costs, in and out, $10k−$2602.603% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.176%, 7d avg +0.139%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.036% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.139%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SAPIENUSDT | 0.07963 | 0.0100 | pay 0.0050% / 4h | 3h 51m | $601K | $308K | 25x |
| Short | Bybit SAPIENUSDT | 0.07977 | 0.0100 | get 0.0050% / 4h | 3h 51m | $506K | $122K | 20x |
Bitget SAPIENUSDT
Bybit SAPIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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: +0.176% → +0.139%
- $3.64
- Slippage, 4 orders
- −$237.28
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$256.64
- Costs to cover
- 2.603%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 43 min ago; Bybit: live order book, 38 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 Bitget live order book, 43 min ago | 8.19 bp | 33.9 bp −$34 | 355.3 bp −$3,553 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 38 min ago | 5.66 bp | 103.8 bp −$104 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07963 | +0.004% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07970 | +0.086% | $2.0M | $1.1M | 25x | as long as short |
| Bybit SAPIENUSDTshort | +0.0100% | 4h | 0.07977 | +0.176% | $506K | $122K | 20x | |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07973 | +0.126% | $169K | $82K | 10x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07969 | +0.075% | $9.4M | $105K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07968 | +0.063% | $708K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDTlong | +0.0100% | 4h | 0.07963 | long leg | $601K | $308K | 25x | |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07969 | +0.078% | $9K | $4K | — | as long as short |
| Extended SAPIEN-USD | +0.0104% | 1h | 0.07968 | +0.057% | $199 | $212K | 5x | as long as short |
| BloFin SAPIEN-USDT | +0.0117% | 4h | 0.07957 | −0.075% | $91K | $16K | 25x | as long as short |
Aster SAPIENUSDT
Binance SAPIENUSDT
OKX SAPIEN-USDT-SWAP
MEXC SAPIEN_USDT
KuCoin SAPIENUSDTM
Variational Omni SAPIEN
Extended SAPIEN-USD
BloFin SAPIEN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SAPIEN_USDT | +0.0246% | 4h | 0.07969 | +0.075% | $879K | $69K | 50x | as long as short |
| BingX SAPIEN-USDT | +0.0556% | 4h | 0.07973 | +0.126% | — | $6.5M | — | as long as short |
Gate SAPIEN_USDT
BingX SAPIEN-USDT