Funding you earn now, next payment 00:00 UTC−0.0230%/8h= −25.2% APRnext payment −$2.30 per $10,000 · paid last 24h −0.100%
Price spread now: Variational Omni against BloFin−0.112%7-day average −0.027% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.300%−$30 on $10k
+Price spread, last 3 days (all we have)+0.129%+$13 · spread now −0.112%, 7d avg −0.027%
=Together, before fees−0.171%+ Points / potential airdropVariational Omni: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.085% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.027%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SAND-USDT | 0.04155 | 0.0074 | pay 0.0074% / 8h | 2h 35m | $322K | $290K | 75x |
| Short | Variational Omni SAND | 0.04150 | −0.0156 | pay 0.0156% / 8h | 2h 35m | $113K | $5K | — |
BloFin SAND-USDT
Variational Omni SANDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BloFin. 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
- −$48.3
- Price spread: −0.112% → −0.027%
- −$8.46
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$68.76
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 49 min ago; Variational Omni: RFQ quote, 53 min ago. Net counts fees only.
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 BloFin live order book, 49 min ago | 1.20 bp | 16.5 bp −$17 | 22.9 bp −$229 | 96.9 bp −$9,692 | doesn't fit |
| Sell Variational Omni RFQ quote, 53 min ago | 4.78 bp | doesn't fit | 23.9 bp −$239 | 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 SANDshort | −0.0156% | 8h | 0.04150 | −0.112% | $113K | $5K | — | |
| KuCoin SANDUSDTM | −0.0054% | 8h | 0.04150 | −0.120% | $2.6M | $370K | 50x | as long as short |
| Bitget SANDUSDT | −0.0050% | 8h | 0.04154 | −0.024% | $1.7M | $545K | 10x | as long as short |
| Aster SANDUSDT | −0.0011% | 8h | 0.04157 | +0.037% | $14K | $18K | 10x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.626% | $757 | $795 | 5.5x | as long as short |
| MEXC SAND_USDT | +0.0050% | 8h | 0.04157 | +0.048% | $11.7M | $1.7M | 200x | as long as short |
| Binance SANDUSDT | +0.0053% | 8h | 0.04158 | +0.068% | $6.5M | $12.2M | 75x | as long as short |
| Extended SAND-USD | +0.0056% | 1h | 0.04157 | +0.055% | $3K | $194K | 10x | as long as short |
| BloFin SAND-USDTlong | +0.0074% | 8h | 0.04155 | long leg | $322K | $290K | 75x | |
| Hyperliquid SAND | +0.0100% | 1h | 0.04154 | −0.022% | $572K | $443K | 5x | as long as short |
KuCoin SANDUSDTM
Bitget SANDUSDT
Aster SANDUSDT
Injective SAND/USDC PERP
MEXC SAND_USDT
Binance SANDUSDT
Extended SAND-USD
Hyperliquid SANDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SANDUSDT | +0.0100% | 8h | 0.04155 | 0.000% | $3.3M | $3.2M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04158 | +0.072% | $1.8M | $3.3M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04157 | +0.048% | $464K | $573K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04155 | 0.000% | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.0285% | 1h | 0.04158 | +0.070% | $155K | $97K | 25x | as long as short |
Bybit SANDUSDT
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT
Kraken Futures PF_SANDUSD