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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Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.06 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.019%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$470.467% of the position
Long on BinanceShort on MEXC
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 7 days−0.019%−$2 · spread now +0.019%, 7d avg −0.001%
Together, before fees−0.017%−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.021% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SANDUSDT0.04174−0.0002get 0.0002% / 8h1h 36m$6.6M$12.4M75x
ShortMEXC SAND_USDT0.041750.0004get 0.0004% / 8h1h 36m$11.7M$1.7M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$1.24
Price spread: +0.019% → −0.001%
$2.09
Slippage, 4 orders
−$32.68
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$43.35
Costs to cover
0.467%
Break-even
251.9 days
Slippage from Binance: live order book, 4 min ago; MEXC: live order book, 2 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 bp11.1 bp −$1123.5 bp −$235254.9 bp −$25.5Kdoesn't fit
Sell MEXC live order book, 2 min ago1.20 bp10.0 bp −$1018.1 bp −$18181.1 bp −$8,110141.8 bp −$70.9K

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−0.0413%1h0.04170−0.088%$574K$445K5xas long as short
Variational Omni SAND−0.0180%8h0.04179+0.104%$114K$4K—as long as short
Aster SANDUSDT−0.0088%8h0.04178+0.085%$14K$18K10xas long as short
Kraken Futures PF_SANDUSD−0.0080%1h0.04178+0.092%$155K$98K25xas long as short
Bitget SANDUSDT−0.0048%8h0.04175+0.019%$1.7M$546K10xas long as short
KuCoin SANDUSDTM−0.0041%8h0.04177+0.067%$2.6M$365K50xas long as short
Binance SANDUSDTlong−0.0002%8h0.04174long leg$6.6M$12.4M75x
Extended SAND-USD0.0000%1h0.041740.000%$3K$194K10xas long as short
MEXC SAND_USDTshort+0.0004%8h0.04175+0.019%$11.7M$1.7M200x
BloFin SAND-USDT+0.0008%8h0.04174−0.005%$323K$293K75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SAND/USDC PERP+0.0033%1h0.04129−1.083%$757$7955.5xas long as short
Bybit SANDUSDT+0.0100%8h0.04174−0.005%$3.4M$3.2M75xas long as short
OKX SAND-USDT-SWAP+0.0100%8h0.04174−0.005%$1.8M$3.3M50xas long as short
Gate SAND_USDT+0.0100%8h0.04180+0.139%$465K$569K75xas long as short
BingX SAND-USDT+0.0100%8h0.04176+0.043%—$2.4M—as long as short