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: Aster against Binance−0.135%7-day average · you buy dearer than you sell
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: Aster is 0.135% cheaper against Binance than usual: you would sell low and buy high, −$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SAPIENUSDT0.077810.0100pay 0.0050% / 4h2h 07m$1.9M$999K25x
ShortAster SAPIENUSDT0.077700.0100get 0.0050% / 4h2h 07m$45K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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: −0.135% → 0.000%
−$13.51
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$31.51
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 11 min ago; Aster: no order-book sample. 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 Binance live order book, 11 min ago2.57 bp28.4 bp −$28360.5 bp −$3,605doesn't fitdoesn't fit
Sell Aster no order-book sample
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 11 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 SAPIENUSDTshort+0.0100%4h0.07770−0.135%$45K$4K5x
Binance SAPIENUSDTlong+0.0100%4h0.07781long leg$1.9M$999K25x
Bybit SAPIENUSDT+0.0100%4h0.07788+0.092%$501K$105K20xas long as short
OKX SAPIEN-USDT-SWAP+0.0100%4h0.07789+0.105%$164K$77K10xas long as short
MEXC SAPIEN_USDT+0.0100%4h0.07780−0.011%$9.2M$105K50xas long as short
KuCoin SAPIENUSDTM+0.0100%4h0.07773−0.101%$702K$2.9M30xas long as short
Bitget SAPIENUSDT+0.0100%4h0.07778−0.036%$595K$269K25xas long as short
BingX SAPIEN-USDT+0.0100%4h0.07779−0.024%$6.5Mas long as short
Variational Omni SAPIEN+0.0100%4h0.07794+0.171%$9K$3Kas long as short
Extended SAPIEN-USD+0.0104%1h0.07779−0.020%$3K$161K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SAPIEN_USDT+0.0380%4h0.07775−0.075%$862K$66K50xas long as short