Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bitget+0.123%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1841.845% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)−0.171%−$17 · spread now +0.123%, 7d avg −0.021%
=Together, before fees−0.163%+ Points / potential airdropExtended: Active · farm board−$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.144% dearer against Bitget than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SAPIENUSDT | 0.07842 | 0.0100 | pay 0.0050% / 4h | 28m 33s | $600K | $267K | 25x |
| Short | Extended SAPIEN-USD | 0.07852 | 0.0104 | get 0.0013% / 1h | 28m 33s | $3K | $165K | 5x |
Bitget SAPIENUSDT
Extended SAPIEN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: +0.123% → −0.021%
- $14.4
- Slippage, 4 orders
- −$167.45
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$169.21
- Costs to cover
- 1.845%
- Break-even
- 1417.1 days
Slippage from Bitget: live order book, 27 min ago; Extended: live order book, 27 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 27 min ago | 9.56 bp | 28.6 bp −$29 | 497.1 bp −$4,971 | doesn't fit | doesn't fit |
| Sell Extended live order book, 27 min ago | 4.91 bp | 76.6 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
SAPIEN on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07846 | +0.049% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07852 | +0.129% | $1.9M | $997K | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07861 | +0.242% | $506K | $107K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07852 | +0.128% | $166K | $77K | 10x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07852 | +0.128% | $9.3M | $103K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07850 | +0.102% | $695K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDTlong | +0.0100% | 4h | 0.07842 | long leg | $600K | $267K | 25x | |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07857 | +0.191% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07857 | +0.193% | $9K | $3K | — | as long as short |
| Extended SAPIEN-USDshort | +0.0104% | 1h | 0.07852 | +0.123% | $3K | $165K | 5x |
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
MEXC SAPIEN_USDT
KuCoin SAPIENUSDTM
BingX SAPIEN-USDT
Variational Omni SAPIENShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAPIEN-USDT | +0.0140% | 4h | 0.07856 | +0.179% | $91K | $15K | 25x | as long as short |
| Gate SAPIEN_USDT | +0.0142% | 4h | 0.07856 | +0.179% | $869K | $64K | 50x | as long as short |
BloFin SAPIEN-USDT
Gate SAPIEN_USDT