Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: OKX against Extended+0.141%7-day average +0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs−$238as in the Price arb table
costs, in and out, $10k−$2382.383% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.191%+$19 · spread now +0.141%, 7d avg +0.138%
=Together, before fees+0.196%+ Points / potential airdropExtended: Active · farm board+$20 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 | 0.07845 | 0.0104 | pay 0.0013% / 1h | 36m 15s | $158 | $155K | 5x |
| Short | OKX SAPIEN-USDT-SWAP | 0.07856 | 0.0100 | get 0.0050% / 4h | 1h 36m | $166K | $77K | 10x |
Extended SAPIEN-USD
OKX SAPIEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.141% → +0.138%
- $0.31
- Slippage, 4 orders
- −$223.28
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$238.81
- Costs to cover
- 2.383%
- Break-even
- never at this rate
Slippage from Extended: live order book, 25 min ago; OKX: live order book, 24 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, 25 min ago | 6.28 bp | 51.0 bp −$51 | 540.1 bp −$5,401 | doesn't fit | doesn't fit |
| Sell OKX live order book, 24 min ago | 5.12 bp | 47.3 bp −$47 | 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 | +0.0051% | 4h | 0.07841 | −0.050% | $90K | $15K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07843 | −0.027% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07848 | +0.039% | $1.9M | $1.0M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07855 | +0.128% | $506K | $106K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAPshort | +0.0100% | 4h | 0.07856 | +0.141% | $166K | $77K | 10x | |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07847 | +0.026% | $9.3M | $103K | 50x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07848 | +0.039% | $602K | $259K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07843 | −0.025% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07860 | +0.191% | $9K | $3K | — | as long as short |
| Extended SAPIEN-USDlong | +0.0104% | 1h | 0.07845 | long leg | $158 | $155K | 5x |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SAPIENUSDTM | +0.0112% | 4h | 0.07844 | −0.012% | $708K | $2.9M | 30x | as long as short |
| Gate SAPIEN_USDT | +0.0598% | 4h | 0.07850 | +0.064% | $869K | $67K | 50x | as long as short |
KuCoin SAPIENUSDTM
Gate SAPIEN_USDT