Funding you earn now, next payment 22:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h −0.001%
Price spread now: MEXC against Extended−0.010%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$430.434% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.035%−$3 · spread now −0.010%, 7d avg +0.032%
=Together, before fees−0.034%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.042% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAND-USD | 0.04160 | 0.0064 | pay 0.0008% / 1h | 30m 10s | $3K | $194K | 10x |
| Short | MEXC SAND_USDT | 0.04160 | 0.0061 | get 0.0061% / 8h | 2h 30m | $11.7M | $1.7M | 200x |
Extended SAND-USD
MEXC SAND_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$0.63
- Price spread: −0.010% → +0.032%
- −$4.19
- Slippage, 4 orders
- −$34.38
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$48.21
- Costs to cover
- 0.434%
- Break-even
- never at this rate
Slippage from Extended: live order book, 56 min ago; MEXC: live order book, 3 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, 56 min ago | 2.88 bp | 12.5 bp −$13 | 66.6 bp −$666 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.20 bp | 8.4 bp −$8 | 14.5 bp −$145 | 79.0 bp −$7,898 | 188.8 bp −$94.4K |
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 | −0.0146% | 8h | 0.04157 | −0.087% | $113K | $5K | — | as long as short |
| Bitget SANDUSDT | −0.0046% | 8h | 0.04158 | −0.058% | $1.7M | $545K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0044% | 8h | 0.04162 | +0.038% | $2.6M | $373K | 50x | as long as short |
| Aster SANDUSDT | −0.0003% | 8h | 0.04162 | +0.031% | $14K | $18K | 10x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.755% | $757 | $795 | 5.5x | as long as short |
| MEXC SAND_USDTshort | +0.0061% | 8h | 0.04160 | −0.010% | $11.7M | $1.7M | 200x | |
| Binance SANDUSDT | +0.0061% | 8h | 0.04162 | +0.030% | $6.5M | $12.2M | 75x | as long as short |
| Extended SAND-USDlong | +0.0064% | 1h | 0.04160 | long leg | $3K | $194K | 10x | |
| BloFin SAND-USDT | +0.0065% | 8h | 0.04157 | −0.082% | $322K | $290K | 75x | as long as short |
| Hyperliquid SAND | +0.0100% | 1h | 0.04158 | −0.058% | $573K | $445K | 5x | as long as short |
Variational Omni SAND
Bitget SANDUSDT
KuCoin SANDUSDTM
Aster SANDUSDT
Injective SAND/USDC PERP
Binance SANDUSDT
BloFin SAND-USDT
Hyperliquid SANDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SANDUSDT | +0.0100% | 8h | 0.04161 | +0.014% | $3.3M | $3.2M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04164 | +0.086% | $1.8M | $3.3M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04165 | +0.110% | $464K | $574K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04160 | −0.010% | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.0284% | 1h | 0.04165 | +0.099% | $155K | $100K | 25x | as long as short |
Bybit SANDUSDT
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT
Kraken Futures PF_SANDUSD