Settings8H · net · $10k
Funding arb · Price arb /

SAPIEN

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Variational Omni+0.126%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Extended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.126% dearer against Variational Omni than usual: you sell high and buy low, +$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SAPIEN0.078020.0100pay 0.0050% / 4h56m 49s$9K$3K
ShortExtended SAPIEN-USD0.078120.0104get 0.0013% / 1h56m 49s$527$144K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: +0.126% → 0.000%
$12.6
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$8.44
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Extended: live order book, 19 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Extended live order book, 19 min ago5.66 bp65.9 bp −$66doesn't fitdoesn't fitdoesn't fit
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SAPIEN on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SAPIENUSDT+0.0100%4h0.07801−0.022%$45K$3K5xas long as short
Binance SAPIENUSDT+0.0100%4h0.07812+0.116%$1.9M$997K25xas long as short
Bybit SAPIENUSDT+0.0100%4h0.07821+0.238%$502K$100K20xas long as short
OKX SAPIEN-USDT-SWAP+0.0100%4h0.07806+0.046%$164K$80K10xas long as short
Gate SAPIEN_USDT+0.0100%4h0.07817+0.187%$869K$64K50xas long as short
MEXC SAPIEN_USDT+0.0100%4h0.07812+0.122%$9.2M$102K50xas long as short
KuCoin SAPIENUSDTM+0.0100%4h0.07806+0.046%$689K$2.9M30xas long as short
Bitget SAPIENUSDT+0.0100%4h0.07802−0.006%$600K$231K25xas long as short
BingX SAPIEN-USDT+0.0100%4h0.07809+0.084%$6.5Mas long as short
Variational Omni SAPIENlong+0.0100%4h0.07802long leg$9K$3K
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended SAPIEN-USDshort+0.0104%1h0.07812+0.126%$527$144K5x
BloFin SAPIEN-USDT+0.0135%4h0.07806+0.046%$90K$15K25xas long as short