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

SAPIEN

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Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0004%/8hpaid last 24h −0.001%
Price spread now: Variational Omni against Extended+0.009%7-day average · you sell dearer than you buy
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 3 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 · Variational Omni: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SAPIEN-USD0.077670.0104pay 0.0013% / 1h5m 06s$525$144K5x
ShortVariational Omni SAPIEN0.077680.0100get 0.0050% / 4h5m 06s$9K$2K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +0.009% → 0.000%
$0.88
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$4.96
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 24 min ago; Variational Omni: 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, 24 min ago5.50 bp65.5 bp −$65562.0 bp −$5,620doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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 12 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
BloFin SAPIEN-USDT+0.0086%4h0.07767−0.004%$92K$14K25xas long as short
Aster SAPIENUSDT+0.0100%4h0.07754−0.169%$44K$4K5xas long as short
Binance SAPIENUSDT+0.0100%4h0.07768+0.009%$1.9M$1.0M25xas long as short
Bybit SAPIENUSDT+0.0100%4h0.07772+0.061%$498K$96K20xas long as short
OKX SAPIEN-USDT-SWAP+0.0100%4h0.07773+0.074%$163K$81K10xas long as short
Gate SAPIEN_USDT+0.0100%4h0.07771+0.048%$865K$65K50xas long as short
MEXC SAPIEN_USDT+0.0100%4h0.07766−0.016%$9.2M$104K50xas long as short
KuCoin SAPIENUSDTM+0.0100%4h0.07765−0.029%$703K$2.8M30xas long as short
Bitget SAPIENUSDT+0.0100%4h0.07760−0.094%$589K$222K25xas long as short
BingX SAPIEN-USDT+0.0100%4h0.07775+0.099%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SAPIENshort+0.0100%4h0.07768+0.009%$9K$2K
Extended SAPIEN-USDlong+0.0104%1h0.07767long leg$525$144K5x