Funding you earn now, next payment 23:00 UTC+0.0019%/8h= +2.1% APRpaid last 24h +0.036%
Price spread now: BloFin against Extended+0.159%114s7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$570.567% of the position
Funding, last 7 days+0.218%+$22 on $10k
+Price spread, last 3 days (all we have)−0.124%−$12 · spread now +0.159%, 7d avg +0.034%
=Together, before fees+0.093%+ Points / potential airdropExtended: Active · farm board+$9 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 BloFin is 0.125% dearer against Extended than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.034%. The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAND-USD | 0.04174 | 0 | get 0.0000% / 1h | 37m 19s | $3K | $194K | 10x |
| Short | BloFin SAND-USDT | 0.04181 | 0.0019 | get 0.0019% / 8h | 1h 37m | $322K | $293K | 75x |
Extended SAND-USD
BloFin SAND-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $3.98
- Price spread: +0.159% → +0.034%
- $12.51
- Slippage, 4 orders
- −$39.69
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$40.19
- Costs to cover
- 0.567%
- Break-even
- 77.6 days
Slippage from Extended: live order book, 44 min ago; BloFin: live order book, 42 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, 44 min ago | 3.47 bp | 12.7 bp −$13 | 98.2 bp −$982 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 42 min ago | 3.59 bp | 18.0 bp −$18 | 23.3 bp −$233 | 84.6 bp −$8,464 | 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 | −0.0412% | 1h | 0.04171 | −0.080% | $574K | $445K | 5x | as long as short |
| Variational Omni SAND | −0.0180% | 8h | 0.04179 | +0.100% | $114K | $4K | — | as long as short |
| Aster SANDUSDT | −0.0088% | 8h | 0.04178 | +0.076% | $14K | $18K | 10x | as long as short |
| Kraken Futures PF_SANDUSD | −0.0080% | 1h | 0.04178 | +0.088% | $155K | $98K | 25x | as long as short |
| Bitget SANDUSDT | −0.0048% | 8h | 0.04175 | +0.016% | $1.7M | $546K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0041% | 8h | 0.04177 | +0.063% | $2.6M | $365K | 50x | as long as short |
| Extended SAND-USDlong | 0.0000% | 1h | 0.04174 | long leg | $3K | $194K | 10x | |
| Binance SANDUSDT | +0.0003% | 8h | 0.04175 | +0.018% | $6.6M | $12.4M | 75x | as long as short |
| MEXC SAND_USDT | +0.0004% | 8h | 0.04175 | +0.016% | $11.7M | $1.7M | 200x | as long as short |
| BloFin SAND-USDTshort | +0.0019% | 8h | 0.04181 | +0.159% | $322K | $293K | 75x |
Hyperliquid SAND
Variational Omni SAND
Aster SANDUSDT
Kraken Futures PF_SANDUSD
Bitget SANDUSDT
KuCoin SANDUSDTM
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 | −1.086% | $757 | $795 | 5.5x | as long as short |
| Bybit SANDUSDT | +0.0100% | 8h | 0.04174 | −0.008% | $3.4M | $3.2M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04173 | −0.032% | $1.8M | $3.3M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04181 | +0.159% | $465K | $568K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04177 | +0.063% | — | $2.4M | — | as long as short |
Injective SAND/USDC PERP
Bybit SANDUSDT
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT