Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended+0.073%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1961.960% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.073%, 7d avg +0.030%
=Together, before fees−0.033%+ Points / potential airdropExtended: Active · farm board−$3 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: Binance is 0.043% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAPIEN-USD | 0.07862 | 0.0104 | pay 0.0013% / 1h | 53m 08s | $3K | $156K | 5x |
| Short | Binance SAPIENUSDT | 0.07868 | 0.0100 | get 0.0050% / 4h | 1h 53m | $2.0M | $994K | 25x |
Extended SAPIEN-USD
Binance SAPIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: +0.073% → +0.030%
- $4.27
- Slippage, 4 orders
- −$181.04
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$192.61
- Costs to cover
- 1.960%
- Break-even
- never at this rate
Slippage from Extended: live order book, 8 min ago; Binance: live order book, 11 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, 8 min ago | 6.28 bp | 51.0 bp −$51 | 540.1 bp −$5,401 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 2.56 bp | 34.2 bp −$34 | 172.8 bp −$1,728 | doesn't fit | doesn't fit |
SAPIEN on 11 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 | 0.07857 | −0.066% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDTshort | +0.0100% | 4h | 0.07868 | +0.073% | $2.0M | $994K | 25x | |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07870 | +0.104% | $507K | $105K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07865 | +0.040% | $166K | $76K | 10x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07865 | +0.040% | $9.3M | $102K | 50x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07853 | −0.112% | $603K | $255K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07859 | −0.036% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07823 | −0.491% | $9K | $3K | — | as long as short |
| Extended SAPIEN-USDlong | +0.0104% | 1h | 0.07862 | long leg | $3K | $156K | 5x | |
| KuCoin SAPIENUSDTM | +0.0114% | 4h | 0.07863 | +0.015% | $719K | $2.9M | 30x | as long as short |
Aster SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
MEXC SAPIEN_USDT
Bitget SAPIENUSDT
BingX SAPIEN-USDT
Variational Omni SAPIEN
KuCoin SAPIENUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SAPIEN_USDT | +0.0762% | 4h | 0.07864 | +0.028% | $871K | $66K | 50x | as long as short |
Gate SAPIEN_USDT