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−0.0189%/8h= −20.7% APRnext payment $1.89 per $10,000 · paid last 24h −0.093%
Price spread now: Variational Omni against Aster−0.144%7-day average · you buy dearer than you sell
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 airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Variational Omni is 0.144% cheaper against Aster than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SANDUSDT0.04199−0.0157get 0.0157% / 8h5h 20m$14K$16K10x
ShortVariational Omni SAND0.04193−0.0346pay 0.0346% / 8h5h 20m$115K$4K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$39.63
Price spread: −0.144% → 0.000%
−$14.36
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$62
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Variational Omni: RFQ quote, 43 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 Variational Omni RFQ quote, 43 min ago6.02 bpdoesn't fit25.3 bp −$253doesn'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 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
Variational Omni SANDshort−0.0346%8h0.04193−0.144%$115K$4K
Hyperliquid SAND−0.0216%1h0.04191−0.204%$579K$337K5xas long as short
Aster SANDUSDTlong−0.0157%8h0.04199long leg$14K$16K10x
Bitget SANDUSDT−0.0062%8h0.04188−0.268%$1.7M$549K10xas long as short
Binance SANDUSDT−0.0058%8h0.04195−0.101%$6.5M$11.8M75xas long as short
MEXC SAND_USDT−0.0057%8h0.04195−0.101%$11.6M$1.7M200xas long as short
Extended SAND-USD−0.0056%1h0.04195−0.106%$7K$173K10xas long as short
BloFin SAND-USDT−0.0054%8h0.04198−0.030%$322K$226K75xas long as short
Bybit SANDUSDT−0.0033%8h0.04195−0.101%$3.4M$3.4M75xas long as short
Gate SAND_USDT−0.0017%8h0.04198−0.030%$463K$626K75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SANDUSDTM−0.0005%8h0.04193−0.149%$2.6M$371K50xas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−1.673%$757$7955.5xas long as short
BingX SAND-USDT+0.0086%8h0.04199−0.006%$2.4Mas long as short
OKX SAND-USDT-SWAP+0.0087%8h0.04195−0.101%$1.7M$3.2M50xas long as short
Kraken Futures PF_SANDUSD+0.0238%1h0.04199−0.003%$156K$106K25xas long as short