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

SAND

all SAND markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0283%/8h= −31.0% APRnext payment $2.83 per $10,000 · paid last 24h −0.062%
Price spread now: Variational Omni against Bitget+0.149%7-day average +0.030% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.249%−$25 on $10k
Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.149%, 7d avg +0.030%
Together, before fees−0.355%+ Points / potential airdropVariational Omni: Active · farm board−$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.118% dearer against Bitget than usual: you sell high and buy low (spread +0.149% now, against its 7-day average of +0.030%): +$12 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 33 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SANDUSDT0.04187−0.0063get 0.0063% / 8h5h 20m$1.7M$548K10x
ShortVariational Omni SAND0.04193−0.0346pay 0.0346% / 8h5h 20m$115K$4K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$59.36
Price spread: +0.149% → +0.030%
$11.82
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$59.54
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 2 min ago; Variational Omni: RFQ quote, 44 min ago. Net counts fees only.

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, 2 min ago3.58 bp19.8 bp −$2027.7 bp −$277doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 44 min ago6.02 bpdoesn't fit25.3 bp −$253doesn'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 SANDshort−0.0346%8h0.04193+0.149%$115K$4K
Hyperliquid SAND−0.0220%1h0.04189+0.053%$579K$337K5xas long as short
Aster SANDUSDT−0.0157%8h0.04198+0.263%$14K$16K10xas long as short
Bitget SANDUSDTlong−0.0063%8h0.04187long leg$1.7M$548K10x
MEXC SAND_USDT−0.0057%8h0.04192+0.119%$11.6M$1.7M200xas long as short
Extended SAND-USD−0.0056%1h0.04193+0.139%$7K$173K10xas long as short
Binance SANDUSDT−0.0055%8h0.04192+0.129%$6.5M$11.8M75xas long as short
BloFin SAND-USDT−0.0054%8h0.04198+0.263%$322K$226K75xas long as short
Bybit SANDUSDT−0.0033%8h0.04193+0.143%$3.4M$3.4M75xas long as short
Gate SAND_USDT−0.0016%8h0.04199+0.287%$463K$626K75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SANDUSDTM−0.0007%8h0.04192+0.119%$2.6M$371K50xas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−1.385%$757$7955.5xas long as short
OKX SAND-USDT-SWAP+0.0083%8h0.04195+0.191%$1.7M$3.2M50xas long as short
BingX SAND-USDT+0.0086%8h0.04199+0.287%$2.4Mas long as short
Kraken Futures PF_SANDUSD+0.0238%1h0.04199+0.277%$156K$106K25xas long as short