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

SAPIEN

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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: Variational Omni against Bitget+0.081%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: 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: Variational Omni is 0.081% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SAPIENUSDT0.077880.0100pay 0.0050% / 4h2h 31m$597K$270K25x
ShortVariational Omni SAPIEN0.077940.0100get 0.0050% / 4h2h 31m$9K$3K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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: +0.081% → 0.000%
$8.08
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$3.92
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 33 min ago; Variational Omni: 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 Bitget live order book, 33 min ago8.98 bp22.7 bp −$23345.1 bp −$3,451doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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 SAPIENUSDT+0.0100%4h0.07798+0.129%$45K$4K5xas long as short
Binance SAPIENUSDT+0.0100%4h0.07796+0.100%$1.9M$1.0M25xas long as short
Bybit SAPIENUSDT+0.0100%4h0.07803+0.193%$502K$106K20xas long as short
OKX SAPIEN-USDT-SWAP+0.0100%4h0.07800+0.154%$164K$83K10xas long as short
Gate SAPIEN_USDT+0.0100%4h0.07775−0.167%$862K$66K50xas long as short
MEXC SAPIEN_USDT+0.0100%4h0.07795+0.090%$9.2M$103K50xas long as short
KuCoin SAPIENUSDTM+0.0100%4h0.07797+0.116%$702K$2.9M30xas long as short
Bitget SAPIENUSDTlong+0.0100%4h0.07788long leg$597K$270K25x
BingX SAPIEN-USDT+0.0100%4h0.07800+0.154%$6.5Mas long as short
Variational Omni SAPIENshort+0.0100%4h0.07794+0.081%$9K$3K
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended SAPIEN-USD+0.0104%1h0.07795+0.090%$443$162K5xas long as short