Settings8H · net · $10k
Funding arb · Price arb /

SAND

all SAND markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h +0.011%
Price spread now: Extended against Bitget−0.034%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$750.748% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.144%−$14 on $10k
Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.034%, 7d avg +0.022%
Together, before fees−0.079%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.056% cheaper against Bitget than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.022%). If the spread goes back, that is −$6 on $10k: about 46 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.144%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SANDUSDT0.04166−0.0042get 0.0042% / 8h2h 12m$1.7M$545K10x
ShortExtended SAND-USD0.041650.0056get 0.0007% / 1h12m 54s$3K$194K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
$20.58
Price spread: −0.034% → +0.022%
−$5.65
Slippage, 4 orders
−$57.83
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$59.9
Costs to cover
0.748%
Break-even
27.4 days
Slippage from Bitget: live order book, 4 min ago; Extended: live order book, 9 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 Bitget live order book, 4 min ago2.40 bp24.0 bp −$2438.1 bp −$381doesn't fitdoesn't fit
Sell Extended live order book, 9 min ago3.47 bp14.3 bp −$1478.3 bp −$783doesn't fitdoesn'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
Variational Omni SAND−0.0137%8h0.04169+0.068%$114K$5Kas long as short
Bitget SANDUSDTlong−0.0042%8h0.04166long leg$1.7M$545K10x
KuCoin SANDUSDTM−0.0028%8h0.041660.000%$2.6M$371K50xas long as short
Aster SANDUSDT−0.0016%8h0.04167+0.032%$14K$18K10xas long as short
Hyperliquid SAND+0.0025%1h0.04162−0.101%$573K$446K5xas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−0.888%$757$7955.5xas long as short
BloFin SAND-USDT+0.0036%8h0.04169+0.072%$323K$292K75xas long as short
Extended SAND-USDshort+0.0056%1h0.04165−0.034%$3K$194K10x
MEXC SAND_USDT+0.0056%8h0.041660.000%$11.7M$1.7M200xas long as short
Binance SANDUSDT+0.0057%8h0.04167+0.024%$6.5M$12.3M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SANDUSDT+0.0100%8h0.04164−0.048%$3.3M$3.2M75xas long as short
OKX SAND-USDT-SWAP+0.0100%8h0.04167+0.024%$1.8M$3.3M50xas long as short
Gate SAND_USDT+0.0100%8h0.04172+0.144%$465K$575K75xas long as short
BingX SAND-USDT+0.0100%8h0.041660.000%$2.4Mas long as short
Kraken Futures PF_SANDUSD+0.0284%1h0.04170+0.102%$156K$100K25xas long as short