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 06:00 UTC+0.0321%/8h= +35.1% APRpaid last 24h +0.064%
Price spread now: Injective against BloFin−0.410%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on BloFinShort on Injective
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 0.410% cheaper against BloFin than usual: you would sell low and buy high (spread −0.410% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$41 on $10k: about 4.3 days of funding at the current rate (+$10 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SAND-USDT0.04146−0.0288get 0.0288% / 8h2h 21m$326K$137K75x
ShortInjective SAND/USDC PERP0.041290.0033get 0.0004% / 1h21m 51s$757$7955.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$67.41
Price spread: −0.410% → 0.000%
−$41
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$14.38
Costs to cover
0.120%
Break-even
5.5 days
Slippage unknown: BloFin: live order book, 3 min ago; Injective: no order-book sample. 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 BloFin live order book, 3 min ago1.20 bp15.2 bp −$1521.7 bp −$217117.0 bp −$11.7Kdoesn't fit
Sell Injective no order-book sample—————
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0397%8h0.04143−0.077%$113K$4K—as long as short
Aster SANDUSDT−0.0372%8h0.04175+0.699%$14K$16K10xas long as short
Hyperliquid SAND−0.0294%1h0.04163+0.412%$576K$325K5xas long as short
BloFin SAND-USDTlong−0.0288%8h0.04146long leg$326K$137K75x
Extended SAND-USD−0.0280%1h0.04168+0.534%$3K$225K10xas long as short
Binance SANDUSDT−0.0277%8h0.04171+0.603%$6.7M$12.7M75xas long as short
MEXC SAND_USDT−0.0276%8h0.04167+0.507%$11.3M$1.9M200xas long as short
Bitget SANDUSDT−0.0220%8h0.04166+0.482%$1.7M$551K10xas long as short
KuCoin SANDUSDTM−0.0201%8h0.04159+0.314%$2.5M$353K50xas long as short
OKX SAND-USDT-SWAP−0.0177%8h0.04170+0.579%$1.7M$3.2M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SANDUSDT−0.0066%8h0.04171+0.603%$3.4M$3.7M75xas long as short
BingX SAND-USDT−0.0049%8h0.04170+0.579%—$2.4M—as long as short
Gate SAND_USDT−0.0045%8h0.04168+0.531%$468K$663K75xas long as short
Injective SAND/USDC PERPshort+0.0033%1h0.04129−0.410%$757$7955.5x
Kraken Futures PF_SANDUSD+0.0112%1h0.04175+0.689%$157K$104K25xas long as short