Funding you earn now, next payment 03:00 UTC−0.0089%/8h= −9.8% APRnext payment −$0.11 per $10,000 · paid last 24h −0.080%
Price spread now: Extended against Injective+1.417%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
=The price spread pays, funding is against you. Extended is 1.417% dearer against Injective than usual: you sell high and buy low (spread +1.417% now, against zero (this spread has no 7-day history yet)): +$142 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 53 days.
| 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 | 16m 28s | $757 | $795 | 5.5x |
| Short | Extended SAND-USD | 0.04188 | −0.0056 | pay 0.0007% / 1h | 16m 28s | $7K | $173K | 10x |
Injective SAND/USDC PERP
Extended SAND-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$18.76
- Price spread: +1.417% → 0.000%
- $141.73
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $117.95
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Extended: live order book, 45 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 Extended live order book, 45 min ago | 3.37 bp | 13.2 bp −$13 | 76.4 bp −$764 | doesn't fit | doesn't fit |
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 | −0.0346% | 8h | 0.04193 | +1.555% | $115K | $4K | — | as long as short |
| Hyperliquid SAND | −0.0241% | 1h | 0.04186 | +1.383% | $579K | $337K | 5x | as long as short |
| Aster SANDUSDT | −0.0159% | 8h | 0.04188 | +1.430% | $14K | $16K | 10x | as long as short |
| Bitget SANDUSDT | −0.0063% | 8h | 0.04183 | +1.308% | $1.7M | $548K | 10x | as long as short |
| BloFin SAND-USDT | −0.0061% | 8h | 0.04187 | +1.405% | $319K | $221K | 75x | as long as short |
| Binance SANDUSDT | −0.0058% | 8h | 0.04189 | +1.453% | $6.5M | $11.8M | 75x | as long as short |
| Extended SAND-USDshort | −0.0056% | 1h | 0.04188 | +1.417% | $7K | $173K | 10x | |
| MEXC SAND_USDT | −0.0055% | 8h | 0.04189 | +1.453% | $11.6M | $1.7M | 200x | as long as short |
| Gate SAND_USDT | −0.0021% | 8h | 0.04191 | +1.502% | $463K | $629K | 75x | as long as short |
| Bybit SANDUSDT | −0.0016% | 8h | 0.04188 | +1.429% | $3.4M | $3.4M | 75x | as long as short |
Variational Omni SAND
Hyperliquid SAND
Aster SANDUSDT
Bitget SANDUSDT
BloFin SAND-USDT
Binance SANDUSDT
MEXC SAND_USDT
Gate SAND_USDT
Bybit SANDUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SANDUSDTM | −0.0013% | 8h | 0.04184 | +1.332% | $2.6M | $371K | 50x | as long as short |
| Injective SAND/USDC PERPlong | +0.0033% | 1h | 0.04129 | long leg | $757 | $795 | 5.5x | |
| OKX SAND-USDT-SWAP | +0.0071% | 8h | 0.04188 | +1.429% | $1.7M | $3.1M | 50x | as long as short |
| BingX SAND-USDT | +0.0075% | 8h | 0.04191 | +1.502% | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.0239% | 1h | 0.04196 | +1.634% | $156K | $106K | 25x | as long as short |
KuCoin SANDUSDTM
OKX SAND-USDT-SWAP
BingX SAND-USDT
Kraken Futures PF_SANDUSD