Funding you earn now, next payment 02:00 UTC+0.0598%/8h= +65.4% APRpaid last 24h −0.037%
Price spread now: Kraken Futures against Aster+0.380%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Kraken Futures is 0.380% dearer against Aster than usual: you sell high and buy low: +$38 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SANDUSDT | 0.04157 | −0.0168 | get 0.0168% / 8h | 6h 28m | $13K | $17K | 10x |
| Short | Kraken Futures PF_SANDUSD | 0.04173 | 0.0430 | get 0.0054% / 1h | 28m 26s | $155K | $113K | 25x |
Aster SANDUSDT
Kraken Futures PF_SANDUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Aster. 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
- $125.5
- Price spread: +0.380% → 0.000%
- $37.99
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $145.48
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; Kraken Futures: live order book, 39 min ago. Net counts fees only.
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 Aster no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 39 min ago | 11.89 bp | 34.0 bp −$34 | 69.9 bp −$699 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAND | −0.0329% | 8h | 0.04155 | −0.039% | $114K | $4K | — | as long as short |
| Aster SANDUSDTlong | −0.0168% | 8h | 0.04157 | long leg | $13K | $17K | 10x | |
| Bybit SANDUSDT | −0.0108% | 8h | 0.04159 | +0.049% | $3.4M | $3.5M | 75x | as long as short |
| MEXC SAND_USDT | −0.0052% | 8h | 0.04157 | 0.000% | $11.4M | $1.7M | 200x | as long as short |
| Binance SANDUSDT | −0.0050% | 8h | 0.04159 | +0.051% | $6.4M | $12.2M | 75x | as long as short |
| Extended SAND-USD | −0.0048% | 1h | 0.04158 | +0.026% | $6K | $174K | 10x | as long as short |
| Bitget SANDUSDT | −0.0022% | 8h | 0.04152 | −0.120% | $1.7M | $581K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0008% | 8h | 0.04149 | −0.192% | $2.5M | $379K | 50x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.673% | $757 | $795 | 5.5x | as long as short |
| Hyperliquid SAND | +0.0100% | 1h | 0.04155 | −0.057% | $572K | $449K | 5x | as long as short |
Variational Omni SAND
Bybit SANDUSDT
MEXC SAND_USDT
Binance SANDUSDT
Extended SAND-USD
Bitget SANDUSDT
KuCoin SANDUSDTM
Injective SAND/USDC PERP
Hyperliquid SANDShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04160 | +0.073% | $1.7M | $3.2M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04156 | −0.024% | $460K | $624K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04157 | 0.000% | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSDshort | +0.0430% | 1h | 0.04173 | +0.380% | $155K | $113K | 25x |
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT