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

SAPIEN

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Aster+0.277%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: Bybit is 0.277% dearer against Aster than usual: you sell high and buy low, +$28 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SAPIENUSDT0.077730.0100pay 0.0050% / 4h9m 50s$45K$4K5x
ShortBybit SAPIENUSDT0.077950.0100get 0.0050% / 4h9m 50s$500K$101K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.277% → 0.000%
$27.68
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$8.68
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 60 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 Bybit live order book, 60 min ago7.06 bp83.9 bp −$84doesn't fitdoesn'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%4h0.07773long leg$45K$4K5x
Binance SAPIENUSDT+0.0100%4h0.07789+0.196%$1.9M$1.0M25xas long as short
Bybit SAPIENUSDTshort+0.0100%4h0.07795+0.277%$500K$101K20x
OKX SAPIEN-USDT-SWAP+0.0100%4h0.07793+0.251%$164K$80K10xas long as short
Gate SAPIEN_USDT+0.0100%4h0.07779+0.071%$866K$64K50xas long as short
MEXC SAPIEN_USDT+0.0100%4h0.07787+0.174%$9.2M$105K50xas long as short
KuCoin SAPIENUSDTM+0.0100%4h0.07783+0.122%$690K$2.9M30xas long as short
Bitget SAPIENUSDT+0.0100%4h0.07783+0.122%$612K$247K25xas long as short
BingX SAPIEN-USDT+0.0100%4h0.07792+0.238%$6.5Mas long as short
Variational Omni SAPIEN+0.0100%4h0.07788+0.192%$9K$3Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended SAPIEN-USD+0.0104%1h0.07786+0.167%$528$144K5xas long as short
BloFin SAPIEN-USDT+0.0146%4h0.07780+0.084%$89K$15K25xas long as short