Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: OKX against Extended+0.101%7-day average +0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$237as in the Price arb table
costs, in and out, $10k−$2342.338% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.142%+$14 · spread now +0.101%, 7d avg +0.138%
=Together, before fees+0.147%+ Points / potential airdropExtended: Active · farm board+$15 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: OKX is 0.036% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.138%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAPIEN-USD | 0.07879 | 0.0104 | pay 0.0013% / 1h | 13m 18s | $586 | $166K | 5x |
| Short | OKX SAPIEN-USDT-SWAP | 0.07887 | 0.0100 | get 0.0050% / 4h | 13m 18s | $167K | $77K | 10x |
Extended SAPIEN-USD
OKX SAPIEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.101% → +0.138%
- −$3.65
- Slippage, 4 orders
- −$218.82
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$238.31
- Costs to cover
- 2.338%
- Break-even
- never at this rate
Slippage from Extended: live order book, 43 min ago; OKX: live order book, 42 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, 43 min ago | 4.91 bp | 55.1 bp −$55 | 552.7 bp −$5,527 | doesn't fit | doesn't fit |
| Sell OKX live order book, 42 min ago | 4.46 bp | 53.5 bp −$53 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAPIEN-USDT | +0.0054% | 4h | 0.07869 | −0.127% | $90K | $15K | 25x | as long as short |
| Aster SAPIENUSDT | +0.0100% | 4h | 0.07875 | −0.053% | $46K | $4K | 5x | as long as short |
| Binance SAPIENUSDT | +0.0100% | 4h | 0.07880 | +0.016% | $2.0M | $996K | 25x | as long as short |
| Bybit SAPIENUSDT | +0.0100% | 4h | 0.07887 | +0.101% | $508K | $107K | 20x | as long as short |
| OKX SAPIEN-USDT-SWAPshort | +0.0100% | 4h | 0.07887 | +0.101% | $167K | $77K | 10x | |
| MEXC SAPIEN_USDT | +0.0100% | 4h | 0.07878 | −0.013% | $9.3M | $104K | 50x | as long as short |
| KuCoin SAPIENUSDTM | +0.0100% | 4h | 0.07871 | −0.102% | $696K | $3.0M | 30x | as long as short |
| Bitget SAPIENUSDT | +0.0100% | 4h | 0.07870 | −0.115% | $602K | $266K | 25x | as long as short |
| BingX SAPIEN-USDT | +0.0100% | 4h | 0.07880 | +0.012% | — | $6.5M | — | as long as short |
| Variational Omni SAPIEN | +0.0100% | 4h | 0.07873 | −0.075% | $9K | $3K | — | as long as short |
BloFin SAPIEN-USDT
Aster SAPIENUSDT
Binance SAPIENUSDT
Bybit SAPIENUSDT
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 | 0.07879 | long leg | $586 | $166K | 5x | |
| Gate SAPIEN_USDT | +0.0168% | 4h | 0.07887 | +0.101% | $872K | $64K | 50x | as long as short |
Gate SAPIEN_USDT