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

SAPIEN

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.008%
Price spread now: Variational Omni against BloFin+0.084%71s7-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 4 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 0.084% dearer against BloFin 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). The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SAPIEN-USDT0.079100.0096pay 0.0048% / 4h1h 36m$90K$16K25x
ShortVariational Omni SAPIEN0.079170.0100get 0.0050% / 4h1h 36m$9K$5K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$0.8
Price spread: +0.084% → 0.000%
$8.36
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$2.83
Costs to cover
0.120%
Break-even
31.7 days
Slippage unknown: BloFin: no order-book sample; 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 BloFin no order-book sample
Sell Variational Omni no order-book sample
BloFin and 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 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-USDTlong+0.0096%4h0.07910long leg$90K$16K25x
Aster SAPIENUSDT+0.0100%4h0.07899−0.140%$46K$4K5xas long as short
Binance SAPIENUSDT+0.0100%4h0.07901−0.113%$2.0M$1.1M25xas long as short
Bybit SAPIENUSDT+0.0100%4h0.079100.000%$511K$115K20xas long as short
OKX SAPIEN-USDT-SWAP+0.0100%4h0.07904−0.076%$168K$81K10xas long as short
MEXC SAPIEN_USDT+0.0100%4h0.07899−0.139%$9.3M$108K50xas long as short
KuCoin SAPIENUSDTM+0.0100%4h0.07901−0.114%$703K$2.9M30xas long as short
Bitget SAPIENUSDT+0.0100%4h0.07900−0.126%$606K$287K25xas long as short
BingX SAPIEN-USDT+0.0100%4h0.079100.000%$6.5Mas long as short
Variational Omni SAPIENshort+0.0100%4h0.07917+0.084%$9K$5K
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended SAPIEN-USD+0.0104%1h0.07899−0.136%$733$154K5xas long as short
Gate SAPIEN_USDT+0.0260%4h0.07915+0.063%$873K$70K50xas long as short