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

SAND

all SAND markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 00:00 UTC−0.0026%/8h= −2.8% APRpaid last 24h −0.037%
Price spread now: Extended against BloFin+0.044%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$550.550% of the position
Long on BloFinShort on Extended
What this pair did over the last
the charts below follow
Funding, last 7 days−0.217%−$22 on $10k
Price spread, last 3 days (all we have)−0.079%−$8 · spread now +0.044%, 7d avg −0.034%
Together, before fees−0.295%+ Points / potential airdropExtended: Active · farm board−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.078% dearer against BloFin than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of −0.034%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.217% in total) that is about 2.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SAND-USDT0.041910.0066pay 0.0066% / 8h52m 42s$322K$294K75x
ShortExtended SAND-USD0.041930.0040get 0.0005% / 1h52m 42s$3K$194K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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
−$5.44
Price spread: +0.044% → −0.034%
$7.78
Slippage, 4 orders
−$38.03
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$52.69
Costs to cover
0.550%
Break-even
never at this rate
Slippage from BloFin: live order book, 22 min ago; Extended: live order book, 24 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 BloFin live order book, 22 min ago3.60 bp16.8 bp −$1720.7 bp −$20784.3 bp −$8,427doesn't fit
Sell Extended live order book, 24 min ago2.40 bp11.7 bp −$1284.8 bp −$848doesn'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
Hyperliquid SAND−0.0279%1h0.04189−0.041%$577K$449K5xas long as short
Variational Omni SAND−0.0170%8h0.04187−0.086%$114K$4K—as long as short
Kraken Futures PF_SANDUSD−0.0139%1h0.04199+0.179%$154K$105K25xas long as short
Aster SANDUSDT−0.0065%8h0.04193+0.047%$14K$18K10xas long as short
Bitget SANDUSDT−0.0009%8h0.04187−0.095%$1.7M$543K10xas long as short
KuCoin SANDUSDTM+0.0001%8h0.04187−0.095%$2.6M$383K50xas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−1.479%$757$7955.5xas long as short
MEXC SAND_USDT+0.0039%8h0.04192+0.024%$11.7M$1.7M200xas long as short
Extended SAND-USDshort+0.0040%1h0.04193+0.044%$3K$194K10x
Binance SANDUSDT+0.0042%8h0.04193+0.051%$6.6M$12.4M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SAND-USDTlong+0.0066%8h0.04191long leg$322K$294K75x
Bybit SANDUSDT+0.0100%8h0.04189−0.048%$3.4M$3.3M75xas long as short
OKX SAND-USDT-SWAP+0.0100%8h0.041910.000%$1.8M$3.4M50xas long as short
Gate SAND_USDT+0.0100%8h0.04195+0.095%$466K$553K75xas long as short
BingX SAND-USDT+0.0100%8h0.04194+0.072%—$2.4M—as long as short