Funding you earn now, next payment 00:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.34 per $10,000 · paid last 24h +0.016%
Price spread now: BloFin against Bybit+0.024%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$560.563% of the position
Funding, last 7 days+0.155%+$16 on $10k
+Price spread, last 3 days (all we have)−0.084%−$8 · spread now +0.024%, 7d avg +0.025%
=The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.155%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SANDUSDT | 0.04190 | 0.0100 | pay 0.0100% / 8h | 52m 51s | $3.4M | $3.3M | 75x |
| Short | BloFin SAND-USDT | 0.04191 | 0.0066 | get 0.0066% / 8h | 52m 51s | $322K | $294K | 75x |
Bybit SANDUSDT
BloFin SAND-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- −$7.16
- Price spread: +0.024% → +0.025%
- −$0.1
- Slippage, 4 orders
- −$33.32
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$63.58
- Costs to cover
- 0.563%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 22 min ago.
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 Bybit live order book, 5 min ago | 1.19 bp | 12.7 bp −$13 | 36.0 bp −$360 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 22 min ago | 3.60 bp | 14.5 bp −$14 | 26.4 bp −$264 | 84.8 bp −$8,476 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SAND | −0.0281% | 1h | 0.04191 | +0.014% | $577K | $449K | 5x | as long as short |
| Variational Omni SAND | −0.0170% | 8h | 0.04187 | −0.062% | $114K | $4K | — | as long as short |
| Kraken Futures PF_SANDUSD | −0.0139% | 1h | 0.04199 | +0.203% | $154K | $105K | 25x | as long as short |
| Aster SANDUSDT | −0.0065% | 8h | 0.04193 | +0.072% | $14K | $18K | 10x | as long as short |
| Bitget SANDUSDT | −0.0011% | 8h | 0.04188 | −0.048% | $1.7M | $543K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0001% | 8h | 0.04187 | −0.072% | $2.6M | $383K | 50x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.456% | $757 | $795 | 5.5x | as long as short |
| MEXC SAND_USDT | +0.0036% | 8h | 0.04192 | +0.048% | $11.7M | $1.7M | 200x | as long as short |
| Binance SANDUSDT | +0.0039% | 8h | 0.04193 | +0.082% | $6.6M | $12.4M | 75x | as long as short |
| Extended SAND-USD | +0.0040% | 1h | 0.04193 | +0.067% | $3K | $194K | 10x | as long as short |
Hyperliquid SAND
Variational Omni SAND
Kraken Futures PF_SANDUSD
Aster SANDUSDT
Bitget SANDUSDT
KuCoin SANDUSDTM
Injective SAND/USDC PERP
MEXC SAND_USDT
Binance SANDUSDT
Extended SAND-USDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAND-USDTshort | +0.0066% | 8h | 0.04191 | +0.024% | $322K | $294K | 75x | |
| Bybit SANDUSDTlong | +0.0100% | 8h | 0.04190 | long leg | $3.4M | $3.3M | 75x | |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04194 | +0.095% | $1.8M | $3.4M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04195 | +0.119% | $466K | $553K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04194 | +0.095% | — | $2.4M | — | as long as short |
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT