Funding you earn now, next payment 22:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h −0.002%
Price spread now: Binance against Extended+0.022%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$490.492% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.022%, 7d avg +0.034%
=Together, before fees+0.005%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAND-USD | 0.04145 | 0.0048 | pay 0.0006% / 1h | 38m 41s | $3K | $194K | 10x |
| Short | Binance SANDUSDT | 0.04146 | 0.0049 | get 0.0049% / 8h | 2h 38m | $6.5M | $12.3M | 75x |
Extended SAND-USD
Binance SANDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- $0.13
- Price spread: +0.022% → +0.034%
- −$1.19
- Slippage, 4 orders
- −$34.2
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$50.26
- Costs to cover
- 0.492%
- Break-even
- 2753.5 days
Slippage from Extended: live order book, 48 min ago; Binance: live order book, 2 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 Extended live order book, 48 min ago | 2.88 bp | 12.5 bp −$13 | 66.6 bp −$666 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.20 bp | 13.6 bp −$14 | 29.0 bp −$290 | 206.7 bp −$20.7K | 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 | −0.0153% | 8h | 0.04148 | +0.057% | $113K | $5K | — | as long as short |
| KuCoin SANDUSDTM | −0.0061% | 8h | 0.04144 | −0.028% | $2.6M | $371K | 50x | as long as short |
| Bitget SANDUSDT | −0.0061% | 8h | 0.04142 | −0.076% | $1.7M | $550K | 10x | as long as short |
| Aster SANDUSDT | −0.0016% | 8h | 0.04151 | +0.130% | $13K | $18K | 10x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.390% | $757 | $795 | 5.5x | as long as short |
| MEXC SAND_USDT | +0.0047% | 8h | 0.04148 | +0.068% | $11.7M | $1.7M | 200x | as long as short |
| Extended SAND-USDlong | +0.0048% | 1h | 0.04145 | long leg | $3K | $194K | 10x | |
| Binance SANDUSDTshort | +0.0049% | 8h | 0.04146 | +0.022% | $6.5M | $12.3M | 75x | |
| BloFin SAND-USDT | +0.0057% | 8h | 0.04149 | +0.092% | $321K | $289K | 75x | as long as short |
| Hyperliquid SAND | +0.0100% | 1h | 0.04143 | −0.043% | $571K | $443K | 5x | as long as short |
Variational Omni SAND
KuCoin SANDUSDTM
Bitget SANDUSDT
Aster SANDUSDT
Injective SAND/USDC PERP
MEXC SAND_USDT
BloFin SAND-USDT
Hyperliquid SANDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SANDUSDT | +0.0100% | 8h | 0.04145 | −0.004% | $3.3M | $3.2M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04148 | +0.068% | $1.8M | $3.3M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04152 | +0.165% | $462K | $572K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04147 | +0.044% | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.0285% | 1h | 0.04149 | +0.090% | $155K | $96K | 25x | as long as short |
Bybit SANDUSDT
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT
Kraken Futures PF_SANDUSD