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−0.0117%/8h= −12.8% APRnext payment −$1.17 per $10,000 · paid last 24h −0.045%
Price spread now: Binance against BingX+0.024%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$550.546% of the position
Long on BingXShort on Binance
What this pair did over the last
the charts below follow
Funding, last 7 days−0.187%−$19 on $10k
Price spread, last 7 days+0.004%$0 · spread now +0.024%, 7d avg −0.001%
Together, before fees−0.183%−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.025% dearer against BingX than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.001%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 17 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SAND-USDT0.041600.0100pay 0.0100% / 8h7h 43m—$2.4M—
ShortBinance SANDUSDT0.04161−0.0017pay 0.0017% / 8h7h 43m$6.5M$12.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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
−$24.56
Price spread: +0.024% → −0.001%
$2.55
Slippage, 4 orders
−$34.55
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$76.57
Costs to cover
0.546%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; Binance: live order book, 12 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 BingX live order book, 11 min ago2.40 bp12.3 bp −$1220.7 bp −$207168.2 bp −$16.8Kdoesn't fit
Sell Binance live order book, 12 min ago1.20 bp14.2 bp −$1432.6 bp −$326254.9 bp −$25.5Kdoesn'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
Kraken Futures PF_SANDUSD−0.0764%1h0.04172+0.285%$155K$119K25xas long as short
Variational Omni SAND−0.0245%8h0.04155−0.124%$113K$5K—as long as short
Aster SANDUSDT−0.0125%8h0.04161+0.024%$13K$17K10xas long as short
Bitget SANDUSDT−0.0040%8h0.04157−0.072%$1.7M$581K10xas long as short
KuCoin SANDUSDTM−0.0032%8h0.04154−0.144%$2.5M$372K50xas long as short
Binance SANDUSDTshort−0.0017%8h0.04161+0.024%$6.5M$12.2M75x
Extended SAND-USD−0.0016%1h0.04160+0.005%$5K$198K10xas long as short
MEXC SAND_USDT−0.0016%8h0.04161+0.024%$11.6M$1.8M200xas long as short
BloFin SAND-USDT+0.0001%8h0.04162+0.048%$320K$291K75xas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−0.745%$757$7955.5xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SANDUSDT+0.0058%8h0.04159−0.024%$3.4M$3.4M75xas long as short
Hyperliquid SAND+0.0066%1h0.04159−0.024%$572K$454K5xas long as short
OKX SAND-USDT-SWAP+0.0100%8h0.04159−0.024%$1.7M$3.2M50xas long as short
Gate SAND_USDT+0.0100%8h0.04163+0.072%$491K$569K75xas long as short
BingX SAND-USDTlong+0.0100%8h0.04160long leg—$2.4M—