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

SAND

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0227%/8h= +24.9% APRnext payment +$2.27 per $10,000 · paid last 24h +0.027%
Price spread now: BingX against Aster+0.048%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BingX is 0.048% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SANDUSDT0.04161−0.0127get 0.0127% / 8h7h 44m$13K$17K10x
ShortBingX SAND-USDT0.041630.0100get 0.0100% / 8h7h 44m$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aster. 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
$47.7
Price spread: +0.048% → 0.000%
$4.81
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
$34.51
Costs to cover
0.180%
Break-even
1.9 days
Slippage unknown: Aster: no order-book sample; BingX: live order book, 10 min ago. 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 Aster no order-book sample
Sell BingX live order book, 10 min ago2.40 bp14.8 bp −$1533.4 bp −$334202.2 bp −$20.2K677.8 bp −$338.9K
Aster: 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.

SAND on 15 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
Kraken Futures PF_SANDUSD−0.0765%1h0.04165+0.096%$155K$119K25xas long as short
Variational Omni SAND−0.0245%8h0.04155−0.148%$113K$5Kas long as short
Aster SANDUSDTlong−0.0127%8h0.04161long leg$13K$17K10x
Bitget SANDUSDT−0.0042%8h0.04162+0.024%$1.7M$581K10xas long as short
KuCoin SANDUSDTM−0.0032%8h0.04158−0.072%$2.5M$372K50xas long as short
BloFin SAND-USDT−0.0031%8h0.04165+0.096%$319K$291K75xas long as short
MEXC SAND_USDT−0.0018%8h0.04163+0.048%$11.6M$1.8M200xas long as short
Binance SANDUSDT−0.0017%8h0.04154−0.168%$6.5M$12.2M75xas long as short
Extended SAND-USD−0.0016%1h0.04157−0.085%$5K$198K10xas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−0.769%$757$7955.5xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SANDUSDT+0.0082%8h0.04155−0.144%$3.4M$3.4M75xas long as short
Hyperliquid SAND+0.0100%1h0.04156−0.108%$572K$454K5xas long as short
OKX SAND-USDT-SWAP+0.0100%8h0.04153−0.192%$1.7M$3.2M50xas long as short
Gate SAND_USDT+0.0100%8h0.04162+0.024%$492K$568K75xas long as short
BingX SAND-USDTshort+0.0100%8h0.04163+0.048%$2.4M