Funding you earn now, next payment 08:00 UTC+0.0125%/8h= +13.7% APRnext payment +$1.25 per $10,000 · paid last 24h +0.057%
Price spread now: BingX against Bitget+0.073%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$720.721% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 7 days−0.106%−$11 · spread now +0.073%, 7d avg +0.061%
=The price spread sits at its 7-day average of +0.061%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SANDUSDT | 0.04128 | −0.0100 | get 0.0100% / 8h | 4h 54m | $1.7M | $545K | 10x |
| Short | BingX SAND-USDT | 0.04131 | 0.0025 | get 0.0025% / 8h | 4h 54m | — | $2.4M | — |
Bitget SANDUSDT
BingX SAND-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $26.25
- Price spread: +0.073% → +0.061%
- $1.15
- Slippage, 4 orders
- −$50.13
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$44.73
- Costs to cover
- 0.721%
- Break-even
- 18.9 days
Slippage from Bitget: live order book, 2 min ago; BingX: live order book, 10 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 Bitget live order book, 2 min ago | 1.21 bp | 20.8 bp −$21 | 33.2 bp −$332 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 3.62 bp | 15.1 bp −$15 | 28.2 bp −$282 | 141.3 bp −$14.1K | 403.4 bp −$201.7K |
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 | −0.0366% | 8h | 0.04135 | +0.165% | $113K | $4K | — | as long as short |
| Aster SANDUSDT | −0.0260% | 8h | 0.04132 | +0.109% | $13K | $16K | 10x | as long as short |
| Gate SAND_USDT | −0.0222% | 8h | 0.04131 | +0.073% | $462K | $620K | 75x | as long as short |
| Binance SANDUSDT | −0.0147% | 8h | 0.04129 | +0.024% | $6.5M | $12.0M | 75x | as long as short |
| MEXC SAND_USDT | −0.0147% | 8h | 0.04133 | +0.121% | $11.5M | $1.7M | 200x | as long as short |
| Extended SAND-USD | −0.0144% | 1h | 0.04129 | +0.021% | $3K | $173K | 10x | as long as short |
| BloFin SAND-USDT | −0.0128% | 8h | 0.04125 | −0.073% | $322K | $216K | 75x | as long as short |
| Bitget SANDUSDTlong | −0.0100% | 8h | 0.04128 | long leg | $1.7M | $545K | 10x | |
| KuCoin SANDUSDTM | −0.0095% | 8h | 0.04125 | −0.073% | $2.5M | $364K | 50x | as long as short |
| Bybit SANDUSDT | −0.0051% | 8h | 0.04129 | +0.024% | $3.4M | $3.4M | 75x | as long as short |
Variational Omni SAND
Aster SANDUSDT
Gate SAND_USDT
Binance SANDUSDT
MEXC SAND_USDT
Extended SAND-USD
BloFin SAND-USDT
KuCoin SANDUSDTM
Bybit SANDUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SAND-USDTshort | +0.0025% | 8h | 0.04131 | +0.073% | — | $2.4M | — | |
| OKX SAND-USDT-SWAP | +0.0028% | 8h | 0.04131 | +0.073% | $1.7M | $3.1M | 50x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | +0.024% | $757 | $795 | 5.5x | as long as short |
| Hyperliquid SAND | +0.0045% | 1h | 0.04127 | −0.015% | $571K | $324K | 5x | as long as short |
| Kraken Futures PF_SANDUSD | +0.0500% | 1h | 0.04136 | +0.182% | $154K | $106K | 25x | as long as short |
OKX SAND-USDT-SWAP
Injective SAND/USDC PERP
Hyperliquid SAND
Kraken Futures PF_SANDUSD