Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Extended−0.055%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1871.874% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.055%, 7d avg +0.026%
=Together, before fees+0.095%+ Points / potential airdropExtended: Active · farm board+$9 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: Bitget is 0.081% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAPIEN-USD | 0.07757 | 0.0104 | pay 0.0013% / 1h | 48m 19s | $528 | $144K | 5x |
| Short | Bitget SAPIENUSDT | 0.07753 | 0.0100 | get 0.0050% / 4h | 2h 48m | $590K | $227K | 25x |
Extended SAPIEN-USD
Bitget SAPIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.055% → +0.026%
- −$8.1
- Slippage, 4 orders
- −$170.37
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$196.3
- Costs to cover
- 1.874%
- Break-even
- never at this rate
Slippage from Extended: live order book, 37 min ago; Bitget: live order book, 36 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, 37 min ago | 5.84 bp | 59.7 bp −$60 | 555.6 bp −$5,556 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 36 min ago | 8.35 bp | 20.5 bp −$21 | 245.5 bp −$2,455 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAPIEN-USDT | +0.0043% | 4h | 0.07756 | −0.016% | $91K | $14K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07751 | −0.078% | $44K | $3K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07758 | +0.010% | $1.9M | $999K | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07771 | +0.177% | $498K | $99K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07768 | +0.139% | $163K | $80K | 10x | as long as short |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07763 | +0.074% | $864K | $64K | 50x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07758 | +0.010% | $9.2M | $104K | 50x | as long as short |
| Bitget SAPIENUSDTshort | +0.0100% | 4h | 0.07753 | −0.055% | $590K | $227K | 25x | |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07762 | +0.061% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07785 | +0.358% | $9K | $3K | — | as long as short |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
Gate SAPIEN_USDT
MEXC SAPIEN_USDT
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 | 0.07757 | long leg | $528 | $144K | 5x | |
| KuCoin SAPIENUSDTM | +0.0168% | 4h | 0.07759 | +0.023% | $699K | $2.8M | 30x | as long as short |
KuCoin SAPIENUSDTM