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

SAPIEN

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h −0.005%
Price spread now: Extended against BloFin+0.072%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 7 days+0.018%+$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: 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 0.072% dearer against BloFin than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SAPIEN-USDT0.077610.0110pay 0.0055% / 4h1h 32m$90K$15K25x
ShortExtended SAPIEN-USD0.077670.0104get 0.0013% / 1h32m 37s$527$144K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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
−$1.36
Price spread: +0.072% → 0.000%
$7.22
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$11.14
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Extended: live order book, 48 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 BloFin no order-book sample
Sell Extended live order book, 48 min ago4.18 bp63.2 bp −$63doesn't fitdoesn't fitdoesn't fit
BloFin: 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 SAPIENUSDT+0.0100%4h0.07760−0.008%$45K$3K5xas long as short
Binance SAPIENUSDT+0.0100%4h0.07768+0.090%$1.9M$993K25xas long as short
Bybit SAPIENUSDT+0.0100%4h0.07782+0.271%$499K$99K20xas long as short
OKX SAPIEN-USDT-SWAP+0.0100%4h0.07780+0.245%$164K$79K10xas long as short
Gate SAPIEN_USDT+0.0100%4h0.07784+0.296%$866K$64K50xas long as short
MEXC SAPIEN_USDT+0.0100%4h0.07768+0.090%$9.2M$104K50xas long as short
KuCoin SAPIENUSDTM+0.0100%4h0.07772+0.142%$697K$2.9M30xas long as short
Bitget SAPIENUSDT+0.0100%4h0.07770+0.116%$591K$227K25xas long as short
BingX SAPIEN-USDT+0.0100%4h0.07770+0.116%$6.5Mas long as short
Variational Omni SAPIEN+0.0100%4h0.07785+0.311%$9K$3Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended SAPIEN-USDshort+0.0104%1h0.07767+0.072%$527$144K5x
BloFin SAPIEN-USDTlong+0.0110%4h0.07761long leg$90K$15K25x