Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended+0.027%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2062.063% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.027%, 7d avg +0.030%
=Together, before fees+0.011%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAPIEN-USD | 0.07869 | 0.0104 | pay 0.0013% / 1h | 21m 37s | $2K | $157K | 5x |
| Short | Binance SAPIENUSDT | 0.07871 | 0.0100 | get 0.0050% / 4h | 2h 21m | $2.0M | $1.0M | 25x |
Extended SAPIEN-USD
Binance SAPIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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: +0.027% → +0.030%
- −$0.34
- Slippage, 4 orders
- −$191.35
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$207.52
- Costs to cover
- 2.063%
- Break-even
- never at this rate
Slippage from Extended: live order book, 24 min ago; Binance: live order book, 12 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 Extended live order book, 24 min ago | 4.82 bp | 62.9 bp −$63 | 573.8 bp −$5,738 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.27 bp | 32.5 bp −$33 | 204.9 bp −$2,049 | 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 | 0.07863 | −0.070% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDTshort | +0.0100% | 4h | 0.07871 | +0.027% | $2.0M | $1.0M | 25x | |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07883 | +0.180% | $508K | $113K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07873 | +0.053% | $167K | $78K | 10x | as long as short |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07868 | −0.011% | $871K | $65K | 50x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07869 | +0.002% | $9.3M | $107K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07866 | −0.036% | $694K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07866 | −0.036% | $600K | $260K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07873 | +0.053% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07861 | −0.104% | $9K | $5K | — | as long as short |
Aster SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
Gate SAPIEN_USDT
MEXC SAPIEN_USDT
KuCoin SAPIENUSDTM
Bitget SAPIENUSDT
BingX SAPIEN-USDT
Variational Omni SAPIENShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SAPIEN-USDlong | +0.0104% | 1h | 0.07869 | long leg | $2K | $157K | 5x | |
| BloFin SAPIEN-USDT | +0.0110% | 4h | 0.07856 | −0.163% | $90K | $16K | 25x | as long as short |
BloFin SAPIEN-USDT