Settings8H · net · $10k
Funding arb · Price arb /

SAPIEN

all SAPIEN markets
SwapBacktest
Alert: funding
Alert: spread
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: Binance against Aster+0.098%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.098% dearer against Aster than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SAPIENUSDT0.077940.0100pay 0.0050% / 4h3h 42m$45K$4K5x
ShortBinance SAPIENUSDT0.078010.0100get 0.0050% / 4h3h 42m$1.9M$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.098% → 0.000%
$9.78
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$8.22
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Binance: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Binance live order book, 7 min ago3.21 bp39.4 bp −$39187.0 bp −$1,870doesn't fitdoesn't fit
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SAPIEN on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SAPIENUSDTlong+0.0100%4h0.07794long leg$45K$4K5x
Binance SAPIENUSDTshort+0.0100%4h0.07801+0.098%$1.9M$1.0M25x
Bybit SAPIENUSDT+0.0100%4h0.07800+0.081%$499K$100K20xas long as short
OKX SAPIEN-USDT-SWAP+0.0100%4h0.07802+0.107%$164K$81K10xas long as short
Gate SAPIEN_USDT+0.0100%4h0.07814+0.261%$869K$63K50xas long as short
MEXC SAPIEN_USDT+0.0100%4h0.07800+0.081%$9.2M$103K50xas long as short
KuCoin SAPIENUSDTM+0.0100%4h0.07800+0.081%$699K$2.9M30xas long as short
Bitget SAPIENUSDT+0.0100%4h0.07802+0.107%$608K$250K25xas long as short
BingX SAPIEN-USDT+0.0100%4h0.07802+0.107%$6.5Mas long as short
Variational Omni SAPIEN+0.0100%4h0.07809+0.201%$9K$3Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended SAPIEN-USD+0.0104%1h0.07799+0.069%$3K$144K5xas long as short
BloFin SAPIEN-USDT+0.0146%4h0.07789−0.060%$89K$15K25xas long as short