Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.029%
Price spread now: Extended against Gate−0.162%7-day average −0.158% · you buy dearer than you sell
Net, funding: paid 7d − costs−$285as in the Funding arb table
Net, price: spread back to 7d avg − costs−$273as in the Price arb table
costs, in and out, $10k−$2722.725% of the position
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.162%, 7d avg −0.158%
=Together, before fees−0.048%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SAPIEN_USDT | 0.07794 | 0.0100 | pay 0.0050% / 4h | 28m 47s | $867K | $64K | 50x |
| Short | Extended SAPIEN-USD | 0.07781 | 0.0104 | get 0.0013% / 1h | 28m 47s | $528 | $144K | 5x |
Gate SAPIEN_USDT
Extended SAPIEN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Gate. 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: −0.162% → −0.158%
- −$0.38
- Slippage, 4 orders
- −$252.49
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$272.03
- Costs to cover
- 2.725%
- Break-even
- 2273.9 days
Slippage from Gate: live order book, 48 min ago; Extended: live order book, 47 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 Gate live order book, 48 min ago | 8.33 bp | 68.0 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 47 min ago | 5.66 bp | 65.9 bp −$66 | 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 | +0.0062% | 4h | 0.07788 | −0.077% | $90K | $15K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07779 | −0.196% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07781 | −0.169% | $1.9M | $999K | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07790 | −0.051% | $500K | $100K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07786 | −0.103% | $164K | $80K | 10x | as long as short |
| Gate SAPIEN_USDTlong | +0.0100% | 4h | 0.07794 | long leg | $867K | $64K | 50x | |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07782 | −0.154% | $9.2M | $104K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07779 | −0.192% | $687K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07779 | −0.192% | $604K | $234K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07789 | −0.064% | — | $6.5M | — | as long as short |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
MEXC SAPIEN_USDT
KuCoin SAPIENUSDTM
Bitget SAPIENUSDT
BingX SAPIEN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07795 | +0.008% | $9K | $3K | — | as long as short |
| Extended SAPIEN-USDshort | +0.0104% | 1h | 0.07781 | −0.162% | $528 | $144K | 5x |
Variational Omni SAPIEN