Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: MEXC against Extended+0.012%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1761.761% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.012%, 7d avg +0.030%
=Together, before fees+0.009%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAPIEN-USD | 0.07791 | 0.0104 | pay 0.0013% / 1h | 50m 49s | $3K | $144K | 5x |
| Short | MEXC SAPIEN_USDT | 0.07792 | 0.0100 | get 0.0050% / 4h | 3h 50m | $9.2M | $103K | 50x |
Extended SAPIEN-USD
MEXC SAPIEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Extended. 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
- −$0.84
- Price spread: +0.012% → +0.030%
- −$1.76
- Slippage, 4 orders
- −$167.15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$178.75
- Costs to cover
- 1.761%
- Break-even
- never at this rate
Slippage from Extended: live order book, 20 min ago; MEXC: live order book, 7 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 Extended live order book, 20 min ago | 5.33 bp | 62.2 bp −$62 | 563.1 bp −$5,631 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 7 min ago | 3.20 bp | 20.6 bp −$21 | 70.4 bp −$704 | 268.2 bp −$26.8K | 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 | +0.0044% | 4h | 0.07790 | −0.014% | $89K | $15K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07788 | −0.045% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07793 | +0.026% | $1.9M | $1.0M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07803 | +0.153% | $500K | $100K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07799 | +0.102% | $164K | $80K | 10x | as long as short |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07793 | +0.025% | $867K | $63K | 50x | as long as short |
| MEXC SAPIEN_USDTshort | +0.0100% | 4h | 0.07792 | +0.012% | $9.2M | $103K | 50x | |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07795 | +0.050% | $702K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07792 | +0.012% | $607K | $247K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07798 | +0.089% | — | $6.5M | — | as long as short |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
Gate SAPIEN_USDT
KuCoin SAPIENUSDTM
Bitget SAPIENUSDT
BingX SAPIEN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07803 | +0.157% | $9K | $3K | — | as long as short |
| Extended SAPIEN-USDlong | +0.0104% | 1h | 0.07791 | long leg | $3K | $144K | 5x |
Variational Omni SAPIEN