Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.029%
Price spread now: Gate against Extended+0.113%7-day average +0.159% · you sell dearer than you buy
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as in the Price arb table
costs, in and out, $10k−$2502.496% of the position
Funding, last 7 days+0.127%+$13 on $10k
+Price spread, last 4 days (all we have)−0.098%−$10 · spread now +0.113%, 7d avg +0.159%
=Together, before fees+0.029%+ Points / potential airdropExtended: Active · farm board+$3 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: Gate is 0.046% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.159%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAPIEN-USD | 0.07754 | 0.0104 | pay 0.0013% / 1h | 46m 07s | $528 | $144K | 5x |
| Short | Gate SAPIEN_USDT | 0.07763 | 0.0100 | get 0.0050% / 4h | 2h 46m | $864K | $64K | 50x |
Extended SAPIEN-USD
Gate SAPIEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.113% → +0.159%
- −$4.61
- Slippage, 4 orders
- −$229.62
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$255.07
- Costs to cover
- 2.496%
- Break-even
- never at this rate
Slippage from Extended: live order book, 39 min ago; Gate: live order book, 40 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, 39 min ago | 5.84 bp | 59.7 bp −$60 | 555.6 bp −$5,556 | doesn't fit | doesn't fit |
| Sell Gate live order book, 40 min ago | 8.33 bp | 48.5 bp −$49 | 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 | +0.0046% | 4h | 0.07755 | +0.010% | $91K | $14K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07753 | −0.017% | $44K | $3K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07755 | +0.010% | $1.9M | $997K | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07766 | +0.152% | $498K | $99K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07768 | +0.177% | $163K | $80K | 10x | as long as short |
| Gate SAPIEN_USDTshort | +0.0100% | 4h | 0.07763 | +0.113% | $864K | $64K | 50x | |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07755 | +0.010% | $9.2M | $104K | 50x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07753 | −0.016% | $590K | $227K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07764 | +0.126% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07785 | +0.397% | $9K | $3K | — | as long as short |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
MEXC SAPIEN_USDT
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 | 0.07754 | long leg | $528 | $144K | 5x | |
| KuCoin SAPIENUSDTM | +0.0162% | 4h | 0.07758 | +0.048% | $697K | $2.8M | 30x | as long as short |
KuCoin SAPIENUSDTM