Funding you earn now, next payment 02:00 UTC+0.0037%/8h= +4.1% APRpaid last 24h −0.021%
Price spread now: Bitget against Extended+0.116%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$830.835% of the position
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 4 days (all we have)−0.128%−$13 · spread now +0.116%, 7d avg −0.024%
=Together, before fees−0.002%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.140% dearer against Extended than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAND-USD | 0.04155 | −0.0056 | get 0.0007% / 1h | 32m 31s | $6K | $174K | 10x |
| Short | Bitget SANDUSDT | 0.04160 | −0.0019 | pay 0.0019% / 8h | 6h 32m | $1.7M | $585K | 10x |
Extended SAND-USD
Bitget SANDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $7.77
- Price spread: +0.116% → −0.024%
- $14.05
- Slippage, 4 orders
- −$66.46
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$61.64
- Costs to cover
- 0.835%
- Break-even
- 62.5 days
Slippage from Extended: live order book, 34 min ago; Bitget: live order book, 4 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, 34 min ago | 2.27 bp | 12.7 bp −$13 | 73.4 bp −$734 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 3.62 bp | 32.8 bp −$33 | 62.8 bp −$628 | doesn't fit | doesn't fit |
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 | −0.0332% | 8h | 0.04154 | −0.020% | $113K | $4K | — | as long as short |
| Aster SANDUSDT | −0.0172% | 8h | 0.04155 | −0.010% | $13K | $17K | 10x | as long as short |
| Bybit SANDUSDT | −0.0111% | 8h | 0.04157 | +0.044% | $3.4M | $3.6M | 75x | as long as short |
| Extended SAND-USDlong | −0.0056% | 1h | 0.04155 | long leg | $6K | $174K | 10x | |
| Binance SANDUSDT | −0.0054% | 8h | 0.04157 | +0.034% | $6.4M | $12.4M | 75x | as long as short |
| MEXC SAND_USDT | −0.0054% | 8h | 0.04155 | −0.004% | $11.4M | $1.7M | 200x | as long as short |
| Bitget SANDUSDTshort | −0.0019% | 8h | 0.04160 | +0.116% | $1.7M | $585K | 10x | |
| KuCoin SANDUSDTM | −0.0015% | 8h | 0.04147 | −0.197% | $2.5M | $379K | 50x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.630% | $757 | $795 | 5.5x | as long as short |
| Hyperliquid SAND | +0.0100% | 1h | 0.04159 | +0.097% | $572K | $448K | 5x | as long as short |
Variational Omni SAND
Aster SANDUSDT
Bybit SANDUSDT
Binance SANDUSDT
MEXC SAND_USDT
KuCoin SANDUSDTM
Injective SAND/USDC PERP
Hyperliquid SANDShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04163 | +0.188% | $1.7M | $3.2M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04155 | −0.004% | $461K | $624K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04157 | +0.044% | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.0432% | 1h | 0.04151 | −0.095% | $154K | $118K | 25x | as long as short |
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT
Kraken Futures PF_SANDUSD