Funding you earn now, next payment 00:00 UTC+0.0143%/8h= +15.7% APRnext payment +$1.43 per $10,000 · paid last 24h +0.029%
Price spread now: Bybit against Bitget+0.048%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$770.771% of the position
Funding, last 7 days−0.080%−$8 on $10k
+Price spread, last 7 days−0.024%−$2 · spread now +0.048%, 7d avg +0.043%
=The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.080%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SANDUSDT | 0.04172 | −0.0043 | get 0.0043% / 8h | 2h 17m | $1.7M | $545K | 10x |
| Short | Bybit SANDUSDT | 0.04174 | 0.0100 | get 0.0100% / 8h | 2h 17m | $3.3M | $3.2M | 75x |
Bitget SANDUSDT
Bybit SANDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $30.03
- Price spread: +0.048% → +0.043%
- $0.51
- Slippage, 4 orders
- −$54.11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$46.58
- Costs to cover
- 0.771%
- Break-even
- 17.9 days
Slippage from Bitget: live order book, 4 min ago; Bybit: live order book, 5 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, 4 min ago | 2.40 bp | 20.1 bp −$20 | 28.7 bp −$287 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.39 bp | 15.3 bp −$15 | 39.2 bp −$392 | 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 | −0.0134% | 8h | 0.04173 | +0.030% | $114K | $5K | — | as long as short |
| Bitget SANDUSDTlong | −0.0043% | 8h | 0.04172 | long leg | $1.7M | $545K | 10x | |
| KuCoin SANDUSDTM | −0.0030% | 8h | 0.04171 | −0.024% | $2.6M | $373K | 50x | as long as short |
| Aster SANDUSDT | −0.0010% | 8h | 0.04174 | +0.055% | $14K | $18K | 10x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.031% | $757 | $795 | 5.5x | as long as short |
| Binance SANDUSDT | +0.0059% | 8h | 0.04175 | +0.072% | $6.5M | $12.3M | 75x | as long as short |
| MEXC SAND_USDT | +0.0062% | 8h | 0.04175 | +0.072% | $11.7M | $1.7M | 200x | as long as short |
| Extended SAND-USD | +0.0064% | 1h | 0.04174 | +0.056% | $3K | $194K | 10x | as long as short |
| BloFin SAND-USDT | +0.0090% | 8h | 0.04180 | +0.192% | $322K | $293K | 75x | as long as short |
| Hyperliquid SAND | +0.0091% | 1h | 0.04172 | −0.012% | $574K | $446K | 5x | as long as short |
Variational Omni SAND
KuCoin SANDUSDTM
Aster SANDUSDT
Injective SAND/USDC PERP
Binance SANDUSDT
MEXC SAND_USDT
Extended SAND-USD
BloFin SAND-USDT
Hyperliquid SANDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SANDUSDTshort | +0.0100% | 8h | 0.04174 | +0.048% | $3.3M | $3.2M | 75x | |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04174 | +0.048% | $1.8M | $3.3M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04181 | +0.216% | $466K | $574K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04175 | +0.072% | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.0283% | 1h | 0.04182 | +0.238% | $156K | $100K | 25x | as long as short |
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT
Kraken Futures PF_SANDUSD