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

SAND

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Alert: funding
Measured
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Alert: spread
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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 00:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.10 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Binance0.000%71s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$520.525% of the position
Long on BinanceShort on BloFin
What this pair did over the last
the charts below follow
Funding, last 7 days+0.221%+$22 on $10k
Price spread, last 3 days (all we have)−0.041%−$4 · spread now 0.000%, 7d avg +0.001%
Together, before fees+0.180%+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.221%, so the current rate has only just turned against you. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SANDUSDT0.04168−0.0016get 0.0016% / 8h6m 05s$6.6M$12.5M75x
ShortBloFin SAND-USDT0.04168−0.0027pay 0.0027% / 8h6m 05s$321K$292K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
−$2.17
Price spread: 0.000% → +0.001%
−$0.1
Slippage, 4 orders
−$30.47
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$54.74
Costs to cover
0.525%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; BloFin: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 4 min ago1.20 bp11.8 bp −$1221.3 bp −$213261.3 bp −$26.1Kdoesn't fit
Sell BloFin live order book, 4 min ago2.40 bp15.6 bp −$1623.5 bp −$23586.7 bp −$8,668doesn't fit

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 SAND−0.0243%8h0.04166−0.049%$114K$5K—as long as short
Kraken Futures PF_SANDUSD−0.0140%1h0.04169+0.036%$153K$106K25xas long as short
Aster SANDUSDT−0.0120%8h0.04175+0.168%$14K$18K10xas long as short
Hyperliquid SAND−0.0103%1h0.04165−0.070%$575K$451K5xas long as short
KuCoin SANDUSDTM−0.0049%8h0.04163−0.120%$2.5M$380K50xas long as short
Bitget SANDUSDT−0.0047%8h0.04166−0.048%$1.7M$545K10xas long as short
BloFin SAND-USDTshort−0.0027%8h0.041680.000%$321K$292K75x
Binance SANDUSDTlong−0.0016%8h0.04168long leg$6.6M$12.5M75x
Extended SAND-USD−0.0016%1h0.04167−0.020%$3K$195K10xas long as short
MEXC SAND_USDT−0.0011%8h0.041680.000%$11.7M$1.7M200xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SAND/USDC PERP+0.0033%1h0.04129−0.936%$757$7955.5xas long as short
Bybit SANDUSDT+0.0065%8h0.041680.000%$3.3M$3.4M75xas long as short
OKX SAND-USDT-SWAP+0.0100%8h0.04170+0.048%$1.8M$3.4M50xas long as short
Gate SAND_USDT+0.0100%8h0.04176+0.192%$473K$559K75xas long as short
BingX SAND-USDT+0.0100%8h0.04172+0.096%—$2.4M—as long as short