Settings8H · net · $10k
Funding arb · Price arb /

SAND

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.024%
Price spread now: Extended against KuCoin+0.117%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1311.313% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.200%−$20 on $10k
Price spread, last 4 days (all we have)−0.259%−$26 · spread now +0.117%, 7d avg +0.011%
Together, before fees−0.459%+ Points / potential airdropExtended: Active · farm board−$46 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.106% dearer against KuCoin than usual: you sell high and buy low (spread +0.117% now, against its 7-day average of +0.011%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SANDUSDTM0.04150−0.0014get 0.0014% / 8h5h 37m$2.5M$373K50x
ShortExtended SAND-USD0.04155−0.0064pay 0.0008% / 1h37m 44s$3K$173K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$10.5
Price spread: +0.117% → +0.011%
$10.62
Slippage, 4 orders
−$114.27
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$131.15
Costs to cover
1.313%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Extended: live order book, 23 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 4 min ago4.82 bp57.3 bp −$57171.7 bp −$1,717doesn't fitdoesn't fit
Sell Extended live order book, 23 min ago3.37 bp13.2 bp −$1376.4 bp −$764doesn't fitdoesn't fit

SAND on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SAND−0.0358%8h0.04154+0.101%$114K$4Kas long as short
Hyperliquid SAND−0.0207%1h0.04151+0.027%$574K$344K5xas long as short
Aster SANDUSDT−0.0177%8h0.04160+0.249%$14K$16K10xas long as short
Bybit SANDUSDT−0.0098%8h0.04155+0.120%$3.4M$3.4M75xas long as short
Binance SANDUSDT−0.0067%8h0.04153+0.072%$6.4M$11.9M75xas long as short
Gate SAND_USDT−0.0066%8h0.04155+0.120%$458K$617K75xas long as short
MEXC SAND_USDT−0.0066%8h0.04154+0.096%$11.6M$1.7M200xas long as short
Extended SAND-USDshort−0.0064%1h0.04155+0.117%$3K$173K10x
Bitget SANDUSDT−0.0062%8h0.04147−0.072%$1.7M$546K10xas long as short
BloFin SAND-USDT−0.0055%8h0.04152+0.048%$319K$246K75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SANDUSDTMlong−0.0014%8h0.04150long leg$2.5M$373K50x
Injective SAND/USDC PERP+0.0033%1h0.04129−0.506%$757$7955.5xas long as short
OKX SAND-USDT-SWAP+0.0089%8h0.04155+0.120%$1.7M$3.1M50xas long as short
BingX SAND-USDT+0.0095%8h0.04156+0.145%$2.4Mas long as short
Kraken Futures PF_SANDUSD+0.0241%1h0.04158+0.190%$154K$103K25xas long as short