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+0.0427%/8h= +46.7% APRpaid last 24h +0.087%
Price spread now: Injective against Binance−2.110%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on BinanceShort on Injective
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 2.110% cheaper against Binance than usual: you would sell low and buy high (spread −2.110% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$211 on $10k: about 16 days of funding at the current rate (+$13 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SANDUSDT0.04218−0.0394get 0.0394% / 8h53m 05s$6.8M$13.5M75x
ShortInjective SAND/USDC PERP0.041290.0033get 0.0004% / 1h53m 05s$757$7955.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$89.65
Price spread: −2.110% → 0.000%
−$211
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$131.37
Costs to cover
0.100%
Break-even
17.3 days
Slippage unknown: Binance: live order book, 2 min ago; Injective: no order-book sample. 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 Binance live order book, 2 min ago1.18 bp12.5 bp −$1322.2 bp −$222314.9 bp −$31.5Kdoesn't fit
Sell Injective no order-book sample—————
Injective: 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
Hyperliquid SAND−0.1164%1h0.04213−0.130%$582K$329K5xas long as short
Aster SANDUSDT−0.0478%8h0.04218+0.002%$14K$16K10xas long as short
Variational Omni SAND−0.0414%8h0.04211−0.161%$115K$4K—as long as short
BloFin SAND-USDT−0.0396%8h0.04216−0.047%$332K$140K75xas long as short
Binance SANDUSDTlong−0.0394%8h0.04218long leg$6.8M$13.5M75x
Extended SAND-USD−0.0392%1h0.04216−0.053%$7K$169K10xas long as short
MEXC SAND_USDT−0.0392%8h0.04215−0.071%$11.3M$1.9M200xas long as short
KuCoin SANDUSDTM−0.0337%8h0.04216−0.047%$2.6M$386K50xas long as short
OKX SAND-USDT-SWAP−0.0269%8h0.042180.000%$1.7M$3.3M50xas long as short
Bitget SANDUSDT−0.0252%8h0.04209−0.213%$1.8M$551K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SANDUSDT−0.0104%8h0.042180.000%$3.6M$4.0M75xas long as short
Kraken Futures PF_SANDUSD−0.0087%1h0.04219+0.035%$160K$110K25xas long as short
Gate SAND_USDT−0.0084%8h0.042180.000%$488K$686K75xas long as short
BingX SAND-USDT−0.0063%8h0.04217−0.024%—$2.4M—as long as short
Injective SAND/USDC PERPshort+0.0033%1h0.04129−2.110%$757$7955.5x