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

SAND

all SAND markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.51 per $10,000 · paid last 24h +0.011%
Price spread now: Bybit against Aster−0.030%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on AsterShort on Bybit
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 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Bybit is 0.030% cheaper against Aster than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 47 hours of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SANDUSDT0.04160−0.0151get 0.0151% / 8h6h 10m$14K$17K10x
ShortBybit SANDUSDT0.04159−0.0100pay 0.0100% / 8h6h 10m$3.4M$3.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$10.7
Price spread: −0.030% → 0.000%
−$2.98
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$11.28
Costs to cover
0.190%
Break-even
14.4 days
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 1 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 Bybit live order book, 1 min ago2.41 bp15.9 bp −$1637.8 bp −$378doesn't fitdoesn't fit
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 14 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
Variational Omni SAND−0.0340%8h0.04155−0.119%$114K$4K—as long as short
Aster SANDUSDTlong−0.0151%8h0.04160long leg$14K$17K10x
Bybit SANDUSDTshort−0.0100%8h0.04159−0.030%$3.4M$3.4M75x
Extended SAND-USD−0.0040%1h0.04157−0.079%$3K$176K10xas long as short
Binance SANDUSDT−0.0039%8h0.04161+0.021%$6.4M$12.1M75xas long as short
MEXC SAND_USDT−0.0039%8h0.04159−0.030%$11.6M$1.7M200xas long as short
Bitget SANDUSDT−0.0015%8h0.04156−0.102%$1.7M$565K10xas long as short
KuCoin SANDUSDTM+0.0018%8h0.04155−0.126%$2.5M$376K50xas long as short
Hyperliquid SAND+0.0029%1h0.04157−0.087%$574K$364K5xas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−0.751%$757$7955.5xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SAND-USDT-SWAP+0.0100%8h0.04158−0.054%$1.7M$3.2M50xas long as short
Gate SAND_USDT+0.0100%8h0.04158−0.054%$459K$625K75xas long as short
BingX SAND-USDT+0.0100%8h0.04161+0.018%—$2.4M—as long as short
Kraken Futures PF_SANDUSD+0.0430%1h0.04171+0.263%$155K$112K25xas long as short