Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.042%
Price spread now: BingX against Injective+1.114%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 1.114% dearer against Injective than usual: you sell high and buy low: +$111 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SAND/USDC PERP | 0.04129 | 0.0033 | pay 0.0004% / 1h | 8m 33s | $757 | $795 | 5.5x |
| Short | BingX SAND-USDT | 0.04175 | 0.0100 | get 0.0100% / 8h | 8m 33s | — | $2.4M | — |
Injective SAND/USDC PERP
BingX SAND-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Injective. 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
- $14
- Price spread: +1.114% → 0.000%
- $111.41
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $115.39
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; BingX: live order book, 11 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 Injective no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 11 min ago | 3.60 bp | 18.4 bp −$18 | 31.7 bp −$317 | 172.8 bp −$17.3K | 790.1 bp −$395.0K |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0239% | 8h | 0.04168 | +0.954% | $114K | $5K | — | as long as short |
| Kraken Futures PF_SANDUSD | −0.0140% | 1h | 0.04178 | +1.175% | $154K | $106K | 25x | as long as short |
| Aster SANDUSDT | −0.0114% | 8h | 0.04181 | +1.261% | $14K | $18K | 10x | as long as short |
| Hyperliquid SAND | −0.0092% | 1h | 0.04169 | +0.974% | $575K | $450K | 5x | as long as short |
| Bitget SANDUSDT | −0.0045% | 8h | 0.04171 | +1.017% | $1.7M | $545K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0043% | 8h | 0.04168 | +0.945% | $2.6M | $380K | 50x | as long as short |
| Binance SANDUSDT | −0.0012% | 8h | 0.04173 | +1.068% | $6.6M | $12.5M | 75x | as long as short |
| MEXC SAND_USDT | −0.0010% | 8h | 0.04173 | +1.066% | $11.7M | $1.7M | 200x | as long as short |
| Extended SAND-USD | −0.0008% | 1h | 0.04173 | +1.071% | $3K | $195K | 10x | as long as short |
| BloFin SAND-USDT | −0.0006% | 8h | 0.04173 | +1.066% | $322K | $292K | 75x | as long as short |
Variational Omni SAND
Kraken Futures PF_SANDUSD
Aster SANDUSDT
Hyperliquid SAND
Bitget SANDUSDT
KuCoin SANDUSDTM
Binance SANDUSDT
MEXC SAND_USDT
Extended SAND-USD
BloFin SAND-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SAND/USDC PERPlong | +0.0033% | 1h | 0.04129 | long leg | $757 | $795 | 5.5x | |
| Bybit SANDUSDT | +0.0067% | 8h | 0.04174 | +1.090% | $3.3M | $3.4M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04174 | +1.090% | $1.8M | $3.4M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04177 | +1.163% | $474K | $559K | 75x | as long as short |
| BingX SAND-USDTshort | +0.0100% | 8h | 0.04175 | +1.114% | — | $2.4M | — |
Bybit SANDUSDT
OKX SAND-USDT-SWAP
Gate SAND_USDT