Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Extended+0.064%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$2032.031% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.064%, 7d avg +0.023%
=Together, before fees−0.015%+ Points / potential airdropExtended: Active · farm board−$1 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: Bitget is 0.041% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAPIEN-USD | 0.07802 | 0.0104 | pay 0.0013% / 1h | 32m 19s | $2K | $162K | 5x |
| Short | Bitget SAPIENUSDT | 0.07807 | 0.0100 | get 0.0050% / 4h | 3h 32m | $608K | $250K | 25x |
Extended SAPIEN-USD
Bitget SAPIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.064% → +0.023%
- $4.14
- Slippage, 4 orders
- −$186.06
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$199.76
- Costs to cover
- 2.031%
- Break-even
- never at this rate
Slippage from Extended: live order book, 38 min ago; Bitget: live order book, 38 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, 38 min ago | 5.33 bp | 62.2 bp −$62 | 563.1 bp −$5,631 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 38 min ago | 8.99 bp | 36.0 bp −$36 | 274.1 bp −$2,741 | 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 | +0.0053% | 4h | 0.07798 | −0.051% | $90K | $15K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07798 | −0.050% | $45K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07804 | +0.024% | $1.9M | $1.0M | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07803 | +0.013% | $500K | $100K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07814 | +0.154% | $164K | $79K | 10x | as long as short |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07814 | +0.154% | $869K | $63K | 50x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07803 | +0.013% | $9.2M | $104K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07804 | +0.026% | $703K | $2.9M | 30x | as long as short |
| Bitget SAPIENUSDTshort | +0.0100% | 4h | 0.07807 | +0.064% | $608K | $250K | 25x | |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07813 | +0.141% | — | $6.5M | — | as long as short |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
OKX SAPIEN-USDT-SWAP
Gate SAPIEN_USDT
MEXC SAPIEN_USDT
KuCoin SAPIENUSDTM
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 | 0.07812 | +0.132% | $9K | $3K | — | as long as short |
| Extended SAPIEN-USDlong | +0.0104% | 1h | 0.07802 | long leg | $2K | $162K | 5x |
Variational Omni SAPIEN