Funding you earn now, next payment 02:00 UTC+0.0172%/8h= +18.8% APRpaid last 24h +0.015%
Price spread now: Gate against Extended−0.025%7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$960.961% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.025%, 7d avg +0.063%
=Together, before fees+0.212%+ Points / potential airdropExtended: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.088% cheaper against Extended than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of +0.063%). If the spread goes back, that is −$9 on $10k: about 41 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.078% in total) that is about 7.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAND-USD | 0.04123 | −0.0072 | get 0.0009% / 1h | 55m 38s | $3K | $171K | 10x |
| Short | Gate SAND_USDT | 0.04122 | 0.0100 | get 0.0100% / 8h | 6h 55m | $458K | $610K | 75x |
Extended SAND-USD
Gate SAND_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $36.12
- Price spread: −0.025% → +0.063%
- −$8.79
- Slippage, 4 orders
- −$76.1
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$68.77
- Costs to cover
- 0.961%
- Break-even
- 20.3 days
Slippage from Extended: live order book, 10 min ago; Gate: live order book, 11 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, 10 min ago | 2.27 bp | 12.7 bp −$13 | 73.4 bp −$734 | doesn't fit | doesn't fit |
| Sell Gate live order book, 11 min ago | 3.58 bp | 29.9 bp −$30 | doesn't fit | 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 | −0.0328% | 8h | 0.04118 | −0.125% | $113K | $5K | — | as long as short |
| Bybit SANDUSDT | −0.0250% | 8h | 0.04117 | −0.146% | $3.3M | $3.5M | 75x | as long as short |
| Aster SANDUSDT | −0.0196% | 8h | 0.04129 | +0.142% | $13K | $17K | 10x | as long as short |
| BloFin SAND-USDT | −0.0079% | 8h | 0.04136 | +0.315% | $319K | $289K | 75x | as long as short |
| Binance SANDUSDT | −0.0075% | 8h | 0.04122 | −0.024% | $6.4M | $12.3M | 75x | as long as short |
| Extended SAND-USDlong | −0.0072% | 1h | 0.04123 | long leg | $3K | $171K | 10x | |
| MEXC SAND_USDT | −0.0071% | 8h | 0.04125 | +0.048% | $11.4M | $1.7M | 200x | as long as short |
| Bitget SANDUSDT | −0.0043% | 8h | 0.04119 | −0.098% | $1.7M | $587K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0042% | 8h | 0.04120 | −0.073% | $2.5M | $373K | 50x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | +0.145% | $757 | $795 | 5.5x | as long as short |
Variational Omni SAND
Bybit SANDUSDT
Aster SANDUSDT
BloFin SAND-USDT
Binance SANDUSDT
MEXC SAND_USDT
Bitget SANDUSDT
KuCoin SANDUSDTM
Injective SAND/USDC PERPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SAND | +0.0100% | 1h | 0.04123 | −0.010% | $568K | $455K | 5x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04118 | −0.122% | $1.7M | $3.2M | 50x | as long as short |
| Gate SAND_USDTshort | +0.0100% | 8h | 0.04122 | −0.025% | $458K | $610K | 75x | |
| BingX SAND-USDT | +0.0100% | 8h | 0.04123 | −0.001% | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.0434% | 1h | 0.04127 | +0.107% | $153K | $117K | 25x | as long as short |
Hyperliquid SAND
OKX SAND-USDT-SWAP
BingX SAND-USDT
Kraken Futures PF_SANDUSD