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

SAND

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h +0.001%
Price spread now: Extended against MEXC−0.022%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$430.434% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.022%, 7d avg −0.032%
Together, before fees+0.066%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SAND_USDT0.041620.0061pay 0.0061% / 8h2h 29m$11.7M$1.7M200x
ShortExtended SAND-USD0.041610.0064get 0.0008% / 1h29m 52s$3K$194K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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
$0.63
Price spread: −0.022% → −0.032%
$1.01
Slippage, 4 orders
−$34.38
Fee MEXC: 2 bp × 2 orders
−$4
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$41.74
Costs to cover
0.434%
Break-even
470.8 days
Slippage from MEXC: live order book, 3 min ago; Extended: live order book, 56 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 MEXC live order book, 3 min ago1.20 bp9.7 bp −$1020.5 bp −$20579.8 bp −$7,983191.2 bp −$95.6K
Sell Extended live order book, 56 min ago2.88 bp12.8 bp −$13108.1 bp −$1,081doesn'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−0.0146%8h0.04157−0.125%$113K$5Kas long as short
Bitget SANDUSDT−0.0046%8h0.04159−0.072%$1.7M$545K10xas long as short
KuCoin SANDUSDTM−0.0044%8h0.04158−0.096%$2.6M$373K50xas long as short
Aster SANDUSDT−0.0003%8h0.04163+0.021%$14K$18K10xas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−0.793%$757$7955.5xas long as short
MEXC SAND_USDTlong+0.0061%8h0.04162long leg$11.7M$1.7M200x
Binance SANDUSDT+0.0061%8h0.04161−0.018%$6.5M$12.2M75xas long as short
Extended SAND-USDshort+0.0064%1h0.04161−0.022%$3K$194K10x
BloFin SAND-USDT+0.0065%8h0.04157−0.120%$322K$290K75xas long as short
Hyperliquid SAND+0.0100%1h0.04158−0.096%$573K$445K5xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SANDUSDT+0.0100%8h0.04161−0.024%$3.3M$3.2M75xas long as short
OKX SAND-USDT-SWAP+0.0100%8h0.04164+0.048%$1.8M$3.3M50xas long as short
Gate SAND_USDT+0.0100%8h0.04165+0.072%$464K$574K75xas long as short
BingX SAND-USDT+0.0100%8h0.04161−0.024%$2.4Mas long as short
Kraken Futures PF_SANDUSD+0.0284%1h0.04165+0.061%$155K$100K25xas long as short