Funding you earn now, next payment 08:00 UTC−0.0099%/8h= −10.8% APRnext payment −$0.99 per $10,000 · paid last 24h −0.020%
Price spread now: Gate against BingX0.000%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$920.917% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg +0.019%
=The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SAND-USDT | 0.04198 | 0.0086 | pay 0.0086% / 8h | 5h 19m | — | $2.4M | — |
| Short | Gate SAND_USDT | 0.04198 | −0.0013 | pay 0.0013% / 8h | 5h 19m | $463K | $626K | 75x |
BingX SAND-USDT
Gate SAND_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$20.79
- Price spread: 0.000% → +0.019%
- −$1.9
- Slippage, 4 orders
- −$66.73
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$114.43
- Costs to cover
- 0.917%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Gate: live order book, 42 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 5 min ago | 3.59 bp | 15.9 bp −$16 | 25.3 bp −$253 | 227.1 bp −$22.7K | doesn't fit |
| Sell Gate live order book, 42 min ago | 3.61 bp | 31.1 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
SAND on 15 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAND | −0.0346% | 8h | 0.04193 | −0.114% | $115K | $4K | — | as long as short |
| Hyperliquid SAND | −0.0224% | 1h | 0.04188 | −0.236% | $579K | $337K | 5x | as long as short |
| Aster SANDUSDT | −0.0155% | 8h | 0.04197 | −0.022% | $14K | $16K | 10x | as long as short |
| Bitget SANDUSDT | −0.0064% | 8h | 0.04188 | −0.238% | $1.7M | $548K | 10x | as long as short |
| Extended SAND-USD | −0.0056% | 1h | 0.04193 | −0.124% | $7K | $173K | 10x | as long as short |
| Binance SANDUSDT | −0.0054% | 8h | 0.04193 | −0.111% | $6.5M | $11.8M | 75x | as long as short |
| MEXC SAND_USDT | −0.0054% | 8h | 0.04192 | −0.143% | $11.6M | $1.7M | 200x | as long as short |
| BloFin SAND-USDT | −0.0054% | 8h | 0.04198 | 0.000% | $322K | $226K | 75x | as long as short |
| Bybit SANDUSDT | −0.0030% | 8h | 0.04194 | −0.095% | $3.4M | $3.4M | 75x | as long as short |
| Gate SAND_USDTshort | −0.0013% | 8h | 0.04198 | 0.000% | $463K | $626K | 75x |
Variational Omni SAND
Hyperliquid SAND
Aster SANDUSDT
Bitget SANDUSDT
Extended SAND-USD
Binance SANDUSDT
MEXC SAND_USDT
BloFin SAND-USDT
Bybit SANDUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SANDUSDTM | −0.0007% | 8h | 0.04190 | −0.191% | $2.6M | $371K | 50x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.644% | $757 | $795 | 5.5x | as long as short |
| OKX SAND-USDT-SWAP | +0.0083% | 8h | 0.04194 | −0.095% | $1.7M | $3.1M | 50x | as long as short |
| BingX SAND-USDTlong | +0.0086% | 8h | 0.04198 | long leg | — | $2.4M | — | |
| Kraken Futures PF_SANDUSD | +0.0238% | 1h | 0.04199 | +0.014% | $156K | $106K | 25x | as long as short |
KuCoin SANDUSDTM
Injective SAND/USDC PERP
OKX SAND-USDT-SWAP
Kraken Futures PF_SANDUSD