Funding you earn now, next payment 02:00 UTC+0.0140%/8h= +15.3% APRpaid last 24h +0.037%
Price spread now: BingX against Extended0.000%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$520.522% of the position
Funding, last 7 days+0.187%+$19 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now 0.000%, 7d avg +0.043%
=Together, before fees+0.253%+ Points / potential airdropExtended: Active · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.043% cheaper against Extended than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.043%). If the spread goes back, that is −$4 on $10k: about 25 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAND-USD | 0.04156 | −0.0040 | get 0.0005% / 1h | 7m 23s | $3K | $176K | 10x |
| Short | BingX SAND-USDT | 0.04156 | 0.0100 | get 0.0100% / 8h | 6h 07m | — | $2.4M | — |
Extended SAND-USD
BingX SAND-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $29.4
- Price spread: 0.000% → +0.043%
- −$4.31
- Slippage, 4 orders
- −$37.21
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$27.12
- Costs to cover
- 0.522%
- Break-even
- 13.5 days
Slippage from Extended: live order book, 59 min ago; BingX: live order book, 12 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, 59 min ago | 2.27 bp | 12.7 bp −$13 | 73.4 bp −$734 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 3.60 bp | 15.1 bp −$15 | 28.9 bp −$289 | 140.6 bp −$14.1K | 813.8 bp −$406.9K |
SAND on 14 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 | −0.0340% | 8h | 0.04155 | −0.017% | $114K | $4K | — | as long as short |
| Aster SANDUSDT | −0.0157% | 8h | 0.04159 | +0.061% | $14K | $17K | 10x | as long as short |
| Bybit SANDUSDT | −0.0133% | 8h | 0.04154 | −0.048% | $3.4M | $3.4M | 75x | as long as short |
| Binance SANDUSDT | −0.0044% | 8h | 0.04156 | +0.004% | $6.4M | $12.0M | 75x | as long as short |
| Extended SAND-USDlong | −0.0040% | 1h | 0.04156 | long leg | $3K | $176K | 10x | |
| MEXC SAND_USDT | −0.0040% | 8h | 0.04157 | +0.024% | $11.6M | $1.7M | 200x | as long as short |
| Bitget SANDUSDT | −0.0018% | 8h | 0.04150 | −0.144% | $1.7M | $559K | 10x | as long as short |
| Hyperliquid SAND | +0.0006% | 1h | 0.04152 | −0.101% | $573K | $353K | 5x | as long as short |
| KuCoin SANDUSDTM | +0.0013% | 8h | 0.04147 | −0.216% | $2.5M | $376K | 50x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.649% | $757 | $795 | 5.5x | as long as short |
Variational Omni SAND
Aster SANDUSDT
Bybit SANDUSDT
Binance SANDUSDT
MEXC SAND_USDT
Bitget SANDUSDT
Hyperliquid SAND
KuCoin SANDUSDTM
Injective SAND/USDC PERPShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04155 | −0.024% | $1.7M | $3.2M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04153 | −0.072% | $458K | $625K | 75x | as long as short |
| BingX SAND-USDTshort | +0.0100% | 8h | 0.04156 | 0.000% | — | $2.4M | — | |
| Kraken Futures PF_SANDUSD | +0.0430% | 1h | 0.04166 | +0.230% | $155K | $107K | 25x | as long as short |
OKX SAND-USDT-SWAP
Gate SAND_USDT
Kraken Futures PF_SANDUSD