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

SAPIEN

all SAPIEN markets
SwapBacktest
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 +0.030%
Price spread now: Gate against Aster+0.210%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: Gate is 0.210% dearer against Aster than usual: you sell high and buy low, +$21 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SAPIENUSDT0.077600.0100pay 0.0050% / 4h1h 55m$44K$3K5x
ShortGate SAPIEN_USDT0.077760.0100get 0.0050% / 4h1h 55m$865K$64K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.210% → 0.000%
$21.03
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$1.97
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Gate: live order book, 26 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 Gate live order book, 26 min ago10.27 bp60.1 bp −$60doesn'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
BloFin SAPIEN-USDT+0.0091%4h0.07760+0.004%$91K$15K25xas long as short
Aster SAPIENUSDTlong+0.0100%4h0.07760long leg$44K$3K5x
Binance SAPIENUSDT+0.0100%4h0.07772+0.155%$1.9M$994K25xas long as short
Bybit SAPIENUSDT+0.0100%4h0.07780+0.262%$498K$99K20xas long as short
OKX SAPIEN-USDT-SWAP+0.0100%4h0.07776+0.210%$163K$79K10xas long as short
Gate SAPIEN_USDTshort+0.0100%4h0.07776+0.210%$865K$64K50x
MEXC SAPIEN_USDT+0.0100%4h0.07771+0.146%$9.2M$103K50xas long as short
KuCoin SAPIENUSDTM+0.0100%4h0.07764+0.056%$691K$2.8M30xas long as short
Bitget SAPIENUSDT+0.0100%4h0.07760+0.004%$590K$226K25xas long as short
BingX SAPIEN-USDT+0.0100%4h0.07770+0.133%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SAPIEN+0.0100%4h0.07773+0.175%$9K$3Kas long as short
Extended SAPIEN-USD+0.0104%1h0.07770+0.138%$527$144K5xas long as short