ArbiLayer

SAPIEN funding rate

Live Sapien perpetual funding on every connected exchange. Positive funding means longs pay shorts.

Connecting…
Highest (24h)+0.071%KuCoin
Lowest (24h)+0.030%Variational
Average (24h)+0.037%across 9 venues
Funding gap (24h)+0.041%short the highest, long the lowest
ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume
KuCoin logoKuCoinCEX · SAPIENUSDTM+0.0119%4h01:04:16+0.071%+26.1%$0.0764+0.262%$1.13M
Gate logoGateCEX · SAPIEN_USDT+0.0085%4h01:04:16+0.051%+18.6%$0.0764+0.307%$67.5K
Binance logoBinanceCEX · SAPIENUSDT+0.0050%4h—+0.030%+10.9%$0.0764+0.208%—
Bybit logoBybitCEX · SAPIENUSDT+0.0050%4h—+0.030%+10.9%$0.0764+0.170%$66.2K
Bitget logoBitgetCEX · SAPIENUSDT+0.0050%4h—+0.030%+10.9%$0.0764+0.104%$67.7K
MEXC logoMEXCCEX · SAPIEN_USDT+0.0050%4h01:04:16+0.030%+10.9%$0.0764+0.197%$101.3K
OKX logoOKXCEX · SAPIEN-USDT-SWAP+0.0050%4h01:04:16+0.030%+10.9%$0.0765—$54.0K
Aster logoAsterPerp DEX · SAPIENUSDT+0.0050%4h—+0.030%+10.9%$0.0762+0.001%—
Variational logoVariationalCEX · SAPIEN+0.0050%4h—+0.030%+10.9%$0.0761—$997

SAPIEN funding rate explained

Right now Sapien (SAPIEN) perpetual futures trade on 9 exchanges we track. The highest funding is on KuCoin at +0.071% per day, the lowest on Variational at +0.030%. The average across all venues is +0.037% per day, or about +13.5% a year. Positive funding means SAPIEN longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.041% per day. A delta-neutral position that shorts SAPIEN on KuCoin and goes long on Variational would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live SAPIEN arbitrage board for the price side of the trade.

Settlement intervals differ: SAPIEN funding is paid every 4 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.

Related: SAPIEN arbitrage · Sapien price · funding rates for all coins.

What is the SAPIEN funding rate today?

The average SAPIEN funding rate across 9 exchanges is +0.037% per 24 hours. It ranges from +0.030% on Variational to +0.071% on KuCoin. Rates update every few seconds on this page.

Which exchange has the highest SAPIEN funding rate?

KuCoin currently has the highest SAPIEN funding at +0.071% per day, and Variational the lowest at +0.030%.

How often is SAPIEN funding paid?

SAPIEN perpetuals settle funding every 4 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is SAPIEN funding positive or negative?

On average it is positive (+0.037% per day): longs pay shorts.