Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against OKX−0.201%7-day average −0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$284as in the Funding arb table
Net, price: spread back to 7d avg − costs−$290as in the Price arb table
costs, in and out, $10k−$2832.832% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.131%−$13 · spread now −0.201%, 7d avg −0.134%
=Together, before fees−0.136%+ Points / potential airdropExtended: Active · farm board−$14 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: Extended is 0.067% cheaper against OKX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.134%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SAPIEN-USDT-SWAP | 0.07998 | 0.0100 | pay 0.0050% / 4h | 3h 13m | $169K | $83K | 10x |
| Short | Extended SAPIEN-USD | 0.07982 | 0.0104 | get 0.0013% / 1h | 13m 01s | $1K | $218K | 5x |
OKX SAPIEN-USDT-SWAP
Extended SAPIEN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against OKX. 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: −0.201% → −0.134%
- −$6.65
- Slippage, 4 orders
- −$268.19
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$289
- Costs to cover
- 2.832%
- Break-even
- 2415.4 days
Slippage from OKX: live order book, 17 min ago; Extended: live order book, 18 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 OKX live order book, 17 min ago | 9.48 bp | 67.8 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 18 min ago | 4.88 bp | 73.1 bp −$73 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07983 | −0.186% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07984 | −0.175% | $2.0M | $1.1M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.08000 | +0.025% | $508K | $109K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAPlong | +0.0100% | 4h | 0.07998 | long leg | $169K | $83K | 10x | |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07987 | −0.138% | $9.4M | $107K | 50x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07987 | −0.138% | $602K | $306K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07994 | −0.050% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.08013 | +0.186% | $9K | $4K | — | as long as short |
| BloFin SAPIEN-USDT | +0.0103% | 4h | 0.07991 | −0.088% | $90K | $16K | 25x | as long as short |
| Extended SAPIEN-USDshort | +0.0104% | 1h | 0.07982 | −0.201% | $1K | $218K | 5x |
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
MEXC SAPIEN_USDT
Bitget SAPIENUSDT
BingX SAPIEN-USDT
Variational Omni SAPIEN
BloFin SAPIEN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SAPIENUSDTM | +0.0308% | 4h | 0.07995 | −0.038% | $708K | $2.8M | 30x | as long as short |
| Gate SAPIEN_USDT | +0.1438% | 4h | 0.07996 | −0.025% | $882K | $71K | 50x | as long as short |
KuCoin SAPIENUSDTM
Gate SAPIEN_USDT