Funding you earn now, next payment 22:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.04 per $10,000 · paid last 24h +0.004%
Price spread now: Extended against Hyperliquid+0.080%7-day average −0.006% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)−0.114%−$11 · spread now +0.080%, 7d avg −0.006%
=Together, before fees−0.156%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.086% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.080% now, against its 7-day average of −0.006%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SAND | 0.04171 | 0.0098 | pay 0.0012% / 1h | 17m 58s | $574K | $446K | 5x |
| Short | Extended SAND-USD | 0.04174 | 0.0064 | get 0.0008% / 1h | 17m 58s | $3K | $194K | 10x |
Hyperliquid SAND
Extended SAND-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Hyperliquid. 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
- −$7.13
- Price spread: +0.080% → −0.006%
- $8.62
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$12.51
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 2 min ago; Extended: live order book, 4 min ago. Net counts fees only.
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 Hyperliquid live order book, 2 min ago | 1.92 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 3.47 bp | 14.3 bp −$14 | 78.3 bp −$783 | 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 | −0.0134% | 8h | 0.04173 | +0.054% | $114K | $5K | — | as long as short |
| Bitget SANDUSDT | −0.0043% | 8h | 0.04172 | +0.024% | $1.7M | $545K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0030% | 8h | 0.04171 | 0.000% | $2.6M | $373K | 50x | as long as short |
| Aster SANDUSDT | −0.0008% | 8h | 0.04174 | +0.078% | $14K | $18K | 10x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.007% | $757 | $795 | 5.5x | as long as short |
| Binance SANDUSDT | +0.0061% | 8h | 0.04175 | +0.092% | $6.5M | $12.3M | 75x | as long as short |
| MEXC SAND_USDT | +0.0062% | 8h | 0.04175 | +0.096% | $11.7M | $1.7M | 200x | as long as short |
| Extended SAND-USDshort | +0.0064% | 1h | 0.04174 | +0.080% | $3K | $194K | 10x | |
| BloFin SAND-USDT | +0.0090% | 8h | 0.04180 | +0.216% | $322K | $293K | 75x | as long as short |
| Hyperliquid SANDlong | +0.0098% | 1h | 0.04171 | long leg | $574K | $446K | 5x |
Variational Omni SAND
Bitget SANDUSDT
KuCoin SANDUSDTM
Aster SANDUSDT
Injective SAND/USDC PERP
Binance SANDUSDT
MEXC SAND_USDT
BloFin SAND-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SANDUSDT | +0.0100% | 8h | 0.04173 | +0.048% | $3.3M | $3.2M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04174 | +0.072% | $1.8M | $3.3M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04181 | +0.240% | $466K | $574K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04175 | +0.096% | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.0283% | 1h | 0.04182 | +0.262% | $156K | $100K | 25x | as long as short |
Bybit SANDUSDT
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT
Kraken Futures PF_SANDUSD