Funding you earn now, next payment 20:00 UTC−0.0004%/8hpaid last 24h −0.001%
Price spread now: Bybit against Extended+0.061%7-day average +0.164% · you sell dearer than you buy
Net, funding: paid 7d − costs−$320as in the Funding arb table
Net, price: spread back to 7d avg − costs−$330as in the Price arb table
costs, in and out, $10k−$3193.194% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 3 days (all we have)+0.061%+$6 · spread now +0.061%, 7d avg +0.164%
=Together, before fees+0.053%+ Points / potential airdropExtended: Active · farm board+$5 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: Bybit is 0.103% cheaper against Extended than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.164%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAPIEN-USD | 0.07767 | 0.0104 | pay 0.0013% / 1h | 5m 22s | $525 | $144K | 5x |
| Short | Bybit SAPIENUSDT | 0.07772 | 0.0100 | get 0.0050% / 4h | 5m 22s | $498K | $96K | 20x |
Extended SAPIEN-USD
Bybit SAPIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.061% → +0.164%
- −$10.34
- Slippage, 4 orders
- −$303.44
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$330.62
- Costs to cover
- 3.194%
- Break-even
- never at this rate
Slippage from Extended: live order book, 24 min ago; Bybit: live order book, 23 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, 24 min ago | 5.50 bp | 65.5 bp −$65 | 562.0 bp −$5,620 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 23 min ago | 3.87 bp | 84.4 bp −$84 | 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 | 0.07754 | −0.170% | $44K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07768 | +0.009% | $1.9M | $1.0M | 25x | as long as short |
| Bybit SAPIENUSDTshort | +0.0100% | 4h | 0.07772 | +0.061% | $498K | $96K | 20x | |
| OKX SAPIEN-USDT-SWAP | +0.0100% | 4h | 0.07773 | +0.074% | $163K | $81K | 10x | as long as short |
| Gate SAPIEN_USDT | +0.0100% | 4h | 0.07771 | +0.048% | $865K | $65K | 50x | as long as short |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07768 | +0.009% | $9.2M | $104K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07768 | +0.009% | $703K | $2.8M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07760 | −0.094% | $589K | $222K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07772 | +0.061% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07768 | +0.009% | $9K | $2K | — | as long as short |
Aster SAPIENUSDT
Binance SAPIENUSDT
OKX SAPIEN-USDT-SWAP
Gate SAPIEN_USDT
MEXC SAPIEN_USDT
KuCoin SAPIENUSDTM
Bitget SAPIENUSDT
BingX SAPIEN-USDT
Variational Omni SAPIENShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SAPIEN-USDlong | +0.0104% | 1h | 0.07767 | long leg | $525 | $144K | 5x | |
| BloFin SAPIEN-USDT | +0.0121% | 4h | 0.07759 | −0.107% | $92K | $14K | 25x | as long as short |
BloFin SAPIEN-USDT