Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended+0.158%7-day average +0.162% · you sell dearer than you buy
Net, funding: paid 7d − costs−$280as in the Funding arb table
Net, price: spread back to 7d avg − costs−$280as in the Price arb table
costs, in and out, $10k−$2802.795% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.158%, 7d avg +0.162%
=Together, before fees+0.005%+ 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 | 0.07830 | 0.0104 | pay 0.0013% / 1h | 52m 13s | $2K | $160K | 5x |
| Short | Bybit SAPIENUSDT | 0.07842 | 0.0100 | get 0.0050% / 4h | 52m 13s | $505K | $107K | 20x |
Extended SAPIEN-USD
Bybit SAPIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.158% → +0.162%
- −$0.4
- Slippage, 4 orders
- −$263.53
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$280.78
- Costs to cover
- 2.795%
- Break-even
- never at this rate
Slippage from Extended: live order book, 4 min ago; Bybit: live order book, 63 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, 4 min ago | 4.91 bp | 55.1 bp −$55 | 552.7 bp −$5,527 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 63 min ago | 3.83 bp | 77.3 bp −$77 | doesn't fit | 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 | +0.0098% | 4h | 0.07837 | +0.094% | $91K | $15K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07829 | −0.013% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07831 | +0.023% | $1.9M | $993K | 25x | as long as short |
| Bybit SAPIENUSDTshort | +0.0100% | 4h | 0.07842 | +0.158% | $505K | $107K | 20x | |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07838 | +0.107% | $166K | $76K | 10x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07831 | +0.017% | $9.2M | $102K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07829 | −0.008% | $697K | $3.0M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07825 | −0.059% | $600K | $265K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07837 | +0.094% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07855 | +0.320% | $9K | $3K | — | as long as short |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Binance SAPIENUSDT
OKX SAPIEN-USDT-SWAP
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 | 0.07830 | long leg | $2K | $160K | 5x | |
| Gate SAPIEN_USDT | +0.0254% | 4h | 0.07832 | +0.030% | $866K | $64K | 50x | as long as short |
Gate SAPIEN_USDT