Funding you earn now, next payment 08:00 UTC−0.0077%/8h= −8.4% APRnext payment −$0.77 per $10,000 · paid last 24h −0.043%
Price spread now: Bitget against KuCoin+0.264%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1431.427% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 7 days−0.235%−$24 · spread now +0.264%, 7d avg −0.048%
=The price spread pays, funding is against you. Bitget is 0.312% dearer against KuCoin than usual: you sell high and buy low (spread +0.264% now, against its 7-day average of −0.048%): +$31 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 7 days (−0.075% in total) that is about 29 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SANDUSDTM | 0.04174 | −0.0149 | get 0.0149% / 8h | 3h 11m | $2.6M | $350K | 50x |
| Short | Bitget SANDUSDT | 0.04185 | −0.0226 | pay 0.0226% / 8h | 3h 11m | $1.7M | $548K | 10x |
KuCoin SANDUSDTM
Bitget SANDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- −$16.17
- Price spread: +0.264% → −0.048%
- $31.16
- Slippage, 4 orders
- −$118.7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$127.71
- Costs to cover
- 1.427%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bitget: live order book, 1 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 KuCoin live order book, 6 min ago | 11.95 bp | 45.3 bp −$45 | 162.8 bp −$1,628 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.39 bp | 25.5 bp −$26 | 43.6 bp −$436 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SANDUSD | −0.1121% | 1h | 0.04185 | +0.267% | $157K | $105K | 25x | as long as short |
| Hyperliquid SAND | −0.0470% | 1h | 0.04177 | +0.084% | $576K | $325K | 5x | as long as short |
| Variational Omni SAND | −0.0364% | 8h | 0.04189 | +0.354% | $114K | $4K | — | as long as short |
| Aster SANDUSDT | −0.0322% | 8h | 0.04186 | +0.289% | $14K | $16K | 10x | as long as short |
| BloFin SAND-USDT | −0.0227% | 8h | 0.04178 | +0.096% | $328K | $202K | 75x | as long as short |
| Binance SANDUSDT | −0.0226% | 8h | 0.04181 | +0.168% | $6.7M | $12.4M | 75x | as long as short |
| Bitget SANDUSDTshort | −0.0226% | 8h | 0.04185 | +0.264% | $1.7M | $548K | 10x | |
| Extended SAND-USD | −0.0224% | 1h | 0.04182 | +0.186% | $6K | $233K | 10x | as long as short |
| MEXC SAND_USDT | −0.0224% | 8h | 0.04181 | +0.168% | $11.5M | $2.0M | 200x | as long as short |
| KuCoin SANDUSDTMlong | −0.0149% | 8h | 0.04174 | long leg | $2.6M | $350K | 50x |
Kraken Futures PF_SANDUSD
Hyperliquid SAND
Variational Omni SAND
Aster SANDUSDT
BloFin SAND-USDT
Binance SANDUSDT
Extended SAND-USD
MEXC SAND_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SAND-USDT-SWAP | −0.0099% | 8h | 0.04179 | +0.120% | $1.7M | $3.1M | 50x | as long as short |
| BingX SAND-USDT | −0.0013% | 8h | 0.04180 | +0.144% | — | $2.4M | — | as long as short |
| Bybit SANDUSDT | −0.0013% | 8h | 0.04180 | +0.144% | $3.5M | $3.6M | 75x | as long as short |
| Gate SAND_USDT | +0.0027% | 8h | 0.04182 | +0.192% | $472K | $653K | 75x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.078% | $757 | $795 | 5.5x | as long as short |
OKX SAND-USDT-SWAP
BingX SAND-USDT
Bybit SANDUSDT
Gate SAND_USDT
Injective SAND/USDC PERP