Funding you earn now, next payment 00:00 UTC−0.0047%/8h= −5.2% APRpaid last 24h −0.020%
Price spread now: Extended against Bybit+0.069%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$500.496% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.069%, 7d avg −0.011%
=Together, before fees−0.152%+ Points / potential airdropExtended: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.080% dearer against Bybit than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of −0.011%): +$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 5.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SANDUSDT | 0.04167 | 0.0055 | pay 0.0055% / 8h | 28m 06s | $3.4M | $3.3M | 75x |
| Short | Extended SAND-USD | 0.04170 | 0.0008 | get 0.0001% / 1h | 28m 06s | $3K | $194K | 10x |
Bybit SANDUSDT
Extended SAND-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$9.91
- Price spread: +0.069% → −0.011%
- $7.97
- Slippage, 4 orders
- −$33.59
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$51.54
- Costs to cover
- 0.496%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Extended: live order book, 48 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, 4 min ago | 1.20 bp | 13.9 bp −$14 | 36.8 bp −$368 | doesn't fit | doesn't fit |
| Sell Extended live order book, 48 min ago | 2.40 bp | 11.7 bp −$12 | 84.8 bp −$848 | 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 SAND | −0.0235% | 8h | 0.04170 | +0.072% | $114K | $4K | — | as long as short |
| Kraken Futures PF_SANDUSD | −0.0140% | 1h | 0.04170 | +0.082% | $153K | $106K | 25x | as long as short |
| Aster SANDUSDT | −0.0095% | 8h | 0.04178 | +0.261% | $14K | $18K | 10x | as long as short |
| Hyperliquid SAND | −0.0051% | 1h | 0.04167 | −0.012% | $575K | $450K | 5x | as long as short |
| Bitget SANDUSDT | −0.0027% | 8h | 0.04166 | −0.024% | $1.7M | $541K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0021% | 8h | 0.04171 | +0.096% | $2.6M | $380K | 50x | as long as short |
| BloFin SAND-USDT | +0.0006% | 8h | 0.04172 | +0.120% | $324K | $292K | 75x | as long as short |
| Extended SAND-USDshort | +0.0008% | 1h | 0.04170 | +0.069% | $3K | $194K | 10x | |
| Binance SANDUSDT | +0.0011% | 8h | 0.04168 | +0.024% | $6.6M | $12.4M | 75x | as long as short |
| MEXC SAND_USDT | +0.0012% | 8h | 0.04170 | +0.072% | $11.7M | $1.7M | 200x | as long as short |
Variational Omni SAND
Kraken Futures PF_SANDUSD
Aster SANDUSDT
Hyperliquid SAND
Bitget SANDUSDT
KuCoin SANDUSDTM
BloFin SAND-USDT
Binance SANDUSDT
MEXC SAND_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.912% | $757 | $795 | 5.5x | as long as short |
| Bybit SANDUSDTlong | +0.0055% | 8h | 0.04167 | long leg | $3.4M | $3.3M | 75x | |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04170 | +0.072% | $1.8M | $3.3M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04177 | +0.240% | $473K | $558K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04170 | +0.072% | — | $2.4M | — | as long as short |
Injective SAND/USDC PERP
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT