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

SAPIEN

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Aster against Extended−0.073%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.073% cheaper against Extended than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SAPIEN-USD0.077990.0104pay 0.0013% / 1h58m 43s$3K$156K5x
ShortAster SAPIENUSDT0.077930.0100get 0.0050% / 4h1h 58m$45K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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: −0.073% → 0.000%
−$7.29
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$21.13
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 2 min ago; Aster: no order-book sample. 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 Extended live order book, 2 min ago6.28 bp51.0 bp −$51540.1 bp −$5,401doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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 11 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 SAPIENUSDTshort+0.0100%4h0.07793−0.073%$45K$4K5x
Binance SAPIENUSDT+0.0100%4h0.07800+0.014%$1.9M$989K25xas long as short
Bybit SAPIENUSDT+0.0100%4h0.07808+0.116%$502K$104K20xas long as short
OKX SAPIEN-USDT-SWAP+0.0100%4h0.07806+0.091%$164K$75K10xas long as short
MEXC SAPIEN_USDT+0.0100%4h0.07803+0.052%$9.2M$101K50xas long as short
KuCoin SAPIENUSDTM+0.0100%4h0.07794−0.063%$711K$2.9M30xas long as short
Bitget SAPIENUSDT+0.0100%4h0.07799+0.001%$598K$263K25xas long as short
BingX SAPIEN-USDT+0.0100%4h0.07806+0.091%$6.5Mas long as short
Variational Omni SAPIEN+0.0100%4h0.07810+0.144%$9K$3Kas long as short
Extended SAPIEN-USDlong+0.0104%1h0.07799long leg$3K$156K5x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SAPIEN_USDT+0.0630%4h0.07800+0.014%$864K$65K50xas long as short