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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_S000061872Member_doc" xml:lang="en-US">Matisse Discounted Bond CEF Strategy</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_C000200403Member_doc" xml:lang="en-US">Matisse Discounted Bond CEF Strategy - Institutional Class</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_MoneyMarketMutualFundRiskMember_doc" xml:lang="en-US">Money Market Mutual Fund Risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_MarketRiskMember_doc" xml:lang="en-US">Market Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="matisse_ManagementStyleRiskMember" xlink:to="matisse_ManagementStyleRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_ManagementStyleRiskMember_doc" xml:lang="en-US">Management Style Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="matisse_LoansRiskMember" xlink:to="matisse_LoansRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_LoansRiskMember_doc" xml:lang="en-US">Loans Risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_LeverageRiskMember_doc" xml:lang="en-US">Leverage Risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_QuantitativeModelRiskMember_doc" xml:lang="en-US">Quantitative Model Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="matisse_InvestmentAdvisorRiskMember" xlink:to="matisse_InvestmentAdvisorRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_InvestmentAdvisorRiskMember_doc" xml:lang="en-US">Investment Advisor Risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_GeneralInvestmentRisksMember_doc" xml:lang="en-US">General Investment Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="matisse_ForeignSecuritiesRiskMember" xlink:to="matisse_ForeignSecuritiesRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_ForeignSecuritiesRiskMember_doc" xml:lang="en-US">Foreign Securities Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="matisse_PreferredStockRisksMember" xlink:to="matisse_PreferredStockRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_PreferredStockRisksMember_doc" xml:lang="en-US">Preferred Stock Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="matisse_EquitySecuritiesRiskMember" xlink:to="matisse_EquitySecuritiesRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_EquitySecuritiesRiskMember_doc" xml:lang="en-US">Equity Securities Risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_CybersecurityRiskMember_doc" xml:lang="en-US">Cybersecurity Risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_ConvertibleSecuritiesRiskMember_doc" xml:lang="en-US">Convertible Securities Risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_InvestmentRiskMember_doc" xml:lang="en-US">Investment Risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_DerivativesRiskMember_doc" xml:lang="en-US">Derivatives Risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_JunkBondRiskMember_doc" xml:lang="en-US">Junk Bond Risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_FixedIncomeSecuritiesRiskMember_doc" xml:lang="en-US">Fixed Income Securities Risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_ControlOfClosedendFundsRiskMember_doc" xml:lang="en-US">Control of Closed-End Funds Risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_FundOfFundsRiskMember_doc" xml:lang="en-US">Fund of Funds Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="matisse_AdrRiskMember" xlink:to="matisse_AdrRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_AdrRiskMember_doc" xml:lang="en-US">ADR Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="matisse_ClosedendFundRiskMember" xlink:to="matisse_ClosedendFundRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_ClosedendFundRiskMember_doc" xml:lang="en-US">Closed-End Fund Risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_MorningstarGlobalAllocationIndexMember_doc" xml:lang="en-US">Morningstar Global Allocation Index</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_SNetworkCompositeClosedEndFundTotalReturnIndexMember_doc" xml:lang="en-US">S-Network Composite Closed-End Fund Total Return Index</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_FirstTrustCompositeClosedEndFundIndexMember_doc" xml:lang="en-US">First Trust Composite Closed-End Fund Index</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="matisse_BloombergUSAggregateBondIndexMember" xlink:to="matisse_BloombergUSAggregateBondIndexMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_BloombergUSAggregateBondIndexMember_doc" xml:lang="en-US">Bloomberg U.S. Aggregate Bond Index</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_BloombergVLIHighYieldIndexMember_doc" xml:lang="en-US">Bloomberg VLI High Yield Index</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="matisse_FTTaxableFixedIncomeCEFIndexMember" xlink:to="matisse_FTTaxableFixedIncomeCEFIndexMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="matisse_FTTaxableFixedIncomeCEFIndexMember_doc" xml:lang="en-US">FT Taxable Fixed Income CEF Index</link:label>
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