Funding you earn now, next payment 00:00 UTC+0.0046%/8h= +5.1% APRpaid last 24h +0.020%
Price spread now: Bybit against Extended−0.101%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$520.521% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.101%, 7d avg +0.011%
=Together, before fees+0.183%+ Points / potential airdropExtended: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.111% cheaper against Extended than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of +0.011%). If the spread goes back, that is −$11 on $10k: about 8.0 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAND-USD | 0.04177 | 0.0016 | pay 0.0002% / 1h | 33m 10s | $3K | $194K | 10x |
| Short | Bybit SANDUSDT | 0.04173 | 0.0062 | get 0.0062% / 8h | 33m 10s | $3.4M | $3.3M | 75x |
Extended SAND-USD
Bybit SANDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $9.72
- Price spread: −0.101% → +0.011%
- −$11.14
- Slippage, 4 orders
- −$36.06
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$53.48
- Costs to cover
- 0.521%
- Break-even
- 45.5 days
Slippage from Extended: live order book, 43 min ago; Bybit: 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, 43 min ago | 2.40 bp | 12.0 bp −$12 | 90.5 bp −$905 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.40 bp | 13.9 bp −$14 | 36.7 bp −$367 | 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 | −0.0224% | 8h | 0.04172 | −0.124% | $114K | $4K | — | as long as short |
| Kraken Futures PF_SANDUSD | −0.0140% | 1h | 0.04177 | −0.010% | $154K | $106K | 25x | as long as short |
| Hyperliquid SAND | −0.0139% | 1h | 0.04172 | −0.134% | $575K | $450K | 5x | as long as short |
| Aster SANDUSDT | −0.0086% | 8h | 0.04182 | +0.106% | $14K | $18K | 10x | as long as short |
| Bitget SANDUSDT | −0.0022% | 8h | 0.04172 | −0.125% | $1.7M | $540K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0013% | 8h | 0.04174 | −0.077% | $2.6M | $381K | 50x | as long as short |
| BloFin SAND-USDT | −0.0003% | 8h | 0.04175 | −0.053% | $323K | $293K | 75x | as long as short |
| Extended SAND-USDlong | +0.0016% | 1h | 0.04177 | long leg | $3K | $194K | 10x | |
| Binance SANDUSDT | +0.0020% | 8h | 0.04175 | −0.050% | $6.6M | $12.4M | 75x | as long as short |
| MEXC SAND_USDT | +0.0021% | 8h | 0.04176 | −0.029% | $11.7M | $1.7M | 200x | as long as short |
Variational Omni SAND
Kraken Futures PF_SANDUSD
Hyperliquid SAND
Aster SANDUSDT
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 | −1.154% | $757 | $795 | 5.5x | as long as short |
| Bybit SANDUSDTshort | +0.0062% | 8h | 0.04173 | −0.101% | $3.4M | $3.3M | 75x | |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04176 | −0.029% | $1.8M | $3.3M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04178 | +0.019% | $473K | $558K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04175 | −0.053% | — | $2.4M | — | as long as short |
Injective SAND/USDC PERP
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT