Funding you earn now, next payment 08:00 UTC+0.0143%/8h= +15.7% APRnext payment +$1.43 per $10,000 · paid last 24h −0.005%
Price spread now: Gate against KuCoin+0.265%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1681.678% of the position
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 4 days (all we have)−0.234%−$23 · spread now +0.265%, 7d avg +0.071%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Gate is 0.194% dearer against KuCoin than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.071%. Mind the row above: over the last 7 days funding on this pair cost −0.124%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SANDUSDTM | 0.04147 | −0.0043 | get 0.0043% / 8h | 7h 38m | $2.5M | $373K | 50x |
| Short | Gate SAND_USDT | 0.04158 | 0.0100 | get 0.0100% / 8h | 7h 38m | $489K | $570K | 75x |
KuCoin SANDUSDTM
Gate SAND_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $30.03
- Price spread: +0.265% → +0.071%
- $19.43
- Slippage, 4 orders
- −$140.85
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$118.39
- Costs to cover
- 1.678%
- Break-even
- 34.6 days
Slippage from KuCoin: live order book, 8 min ago; Gate: live order book, 32 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, 8 min ago | 15.65 bp | 56.5 bp −$56 | 178.0 bp −$1,780 | doesn't fit | doesn't fit |
| Sell Gate live order book, 32 min ago | 3.60 bp | 27.9 bp −$28 | doesn't fit | 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 | −0.0766% | 1h | 0.04159 | +0.288% | $154K | $119K | 25x | as long as short |
| Variational Omni SAND | −0.0246% | 8h | 0.04158 | +0.262% | $114K | $5K | — | as long as short |
| Bybit SANDUSDT | −0.0205% | 8h | 0.04151 | +0.096% | $3.4M | $3.4M | 75x | as long as short |
| Aster SANDUSDT | −0.0136% | 8h | 0.04159 | +0.290% | $13K | $17K | 10x | as long as short |
| KuCoin SANDUSDTMlong | −0.0043% | 8h | 0.04147 | long leg | $2.5M | $373K | 50x | |
| Bitget SANDUSDT | −0.0039% | 8h | 0.04153 | +0.145% | $1.7M | $580K | 10x | as long as short |
| BloFin SAND-USDT | −0.0035% | 8h | 0.04152 | +0.121% | $318K | $290K | 75x | as long as short |
| Binance SANDUSDT | −0.0026% | 8h | 0.04152 | +0.121% | $6.5M | $12.2M | 75x | as long as short |
| Extended SAND-USD | −0.0024% | 1h | 0.04149 | +0.048% | $5K | $198K | 10x | as long as short |
| MEXC SAND_USDT | −0.0020% | 8h | 0.04149 | +0.048% | $11.6M | $1.8M | 200x | as long as short |
Kraken Futures PF_SANDUSD
Variational Omni SAND
Bybit SANDUSDT
Aster SANDUSDT
Bitget 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SAND | −0.0011% | 1h | 0.04149 | +0.051% | $571K | $454K | 5x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.434% | $757 | $795 | 5.5x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04152 | +0.121% | $1.7M | $3.2M | 50x | as long as short |
| Gate SAND_USDTshort | +0.0100% | 8h | 0.04158 | +0.265% | $489K | $570K | 75x | |
| BingX SAND-USDT | +0.0100% | 8h | 0.04153 | +0.145% | — | $2.4M | — | as long as short |
Hyperliquid SAND
Injective SAND/USDC PERP
OKX SAND-USDT-SWAP
BingX SAND-USDT