Funding you earn now, next payment 00:00 UTC−0.0258%/8h= −28.2% APRpaid last 24h −0.139%
Price spread now: Variational Omni against Injective+1.042%91s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 1.042% dearer against Injective than usual: you sell high and buy low (spread +1.042% now, against zero (this spread has no 7-day history yet)): +$104 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 13 days. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
| 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 | 31m 54s | $757 | $795 | 5.5x |
| Short | Variational Omni SAND | 0.04172 | −0.0224 | pay 0.0224% / 8h | 31m 54s | $114K | $4K | — |
Injective SAND/USDC PERP
Variational Omni SANDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$54.08
- Price spread: +1.042% → 0.000%
- $104.19
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $50.09
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 47 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 Variational Omni RFQ quote, 47 min ago | 6.00 bp | doesn't fit | 25.2 bp −$252 | 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 SANDshort | −0.0224% | 8h | 0.04172 | +1.042% | $114K | $4K | — | |
| Kraken Futures PF_SANDUSD | −0.0140% | 1h | 0.04178 | +1.175% | $154K | $106K | 25x | as long as short |
| Hyperliquid SAND | −0.0115% | 1h | 0.04170 | +1.003% | $575K | $450K | 5x | as long as short |
| Aster SANDUSDT | −0.0086% | 8h | 0.04182 | +1.275% | $14K | $18K | 10x | as long as short |
| Bitget SANDUSDT | −0.0024% | 8h | 0.04172 | +1.041% | $1.7M | $540K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0013% | 8h | 0.04174 | +1.090% | $2.6M | $381K | 50x | as long as short |
| BloFin SAND-USDT | −0.0003% | 8h | 0.04175 | +1.114% | $323K | $293K | 75x | as long as short |
| Extended SAND-USD | +0.0016% | 1h | 0.04174 | +1.101% | $3K | $194K | 10x | as long as short |
| Binance SANDUSDT | +0.0019% | 8h | 0.04173 | +1.061% | $6.6M | $12.4M | 75x | as long as short |
| MEXC SAND_USDT | +0.0019% | 8h | 0.04172 | +1.041% | $11.7M | $1.7M | 200x | as long as short |
Kraken Futures PF_SANDUSD
Hyperliquid SAND
Aster SANDUSDT
Bitget SANDUSDT
KuCoin SANDUSDTM
BloFin SAND-USDT
Extended SAND-USD
Binance SANDUSDT
MEXC 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 | +0.0060% | 8h | 0.04173 | +1.066% | $3.4M | $3.3M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04177 | +1.163% | $1.8M | $3.3M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04177 | +1.163% | $473K | $558K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04173 | +1.066% | — | $2.4M | — | as long as short |
Bybit SANDUSDT
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT