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

SAPIEN

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Aster+0.023%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 · Extended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.023% dearer against Aster than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SAPIENUSDT0.078460.0100pay 0.0050% / 4h28m 57s$45K$4K5x
ShortExtended SAPIEN-USD0.078480.0104get 0.0013% / 1h28m 57s$3K$165K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.023% → 0.000%
$2.33
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$9.83
Costs to cover
0.130%
Break-even
88.9 days
Slippage unknown: Aster: no order-book sample; Extended: live order book, 27 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 Extended live order book, 27 min ago4.91 bp76.6 bp −$77doesn'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%4h0.07846long leg$45K$4K5x
Binance SAPIENUSDT+0.0100%4h0.07850+0.051%$1.9M$997K25xas long as short
Bybit SAPIENUSDT+0.0100%4h0.07861+0.192%$506K$107K20xas long as short
OKX SAPIEN-USDT-SWAP+0.0100%4h0.07852+0.077%$166K$77K10xas long as short
MEXC SAPIEN_USDT+0.0100%4h0.07856+0.128%$9.3M$103K50xas long as short
KuCoin SAPIENUSDTM+0.0100%4h0.07845−0.012%$694K$2.9M30xas long as short
Bitget SAPIENUSDT+0.0100%4h0.07842−0.051%$600K$267K25xas long as short
BingX SAPIEN-USDT+0.0100%4h0.07856+0.128%$6.5Mas long as short
Variational Omni SAPIEN+0.0100%4h0.07857+0.142%$9K$3Kas long as short
Extended SAPIEN-USDshort+0.0104%1h0.07848+0.023%$3K$165K5x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SAPIEN_USDT+0.0138%4h0.07855+0.115%$869K$64K50xas long as short
BloFin SAPIEN-USDT+0.0140%4h0.07856+0.128%$91K$15K25xas long as short