Funding you earn now, next payment 00:00 UTC−0.0193%/8h= −21.1% APRnext payment −$1.93 per $10,000 · paid last 24h −0.064%
Price spread now: Variational Omni against MEXC−0.168%7-day average −0.026% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.204%−$20 on $10k
+Price spread, last 3 days (all we have)+0.158%+$16 · spread now −0.168%, 7d avg −0.026%
=Together, before fees−0.047%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Variational Omni is 0.142% cheaper against MEXC than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.026%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SAND_USDT | 0.04177 | −0.0013 | get 0.0013% / 8h | 1h 22m | $11.7M | $1.7M | 200x |
| Short | Variational Omni SAND | 0.04170 | −0.0206 | pay 0.0206% / 8h | 1h 22m | $114K | $4K | — |
MEXC SAND_USDT
Variational Omni SANDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against MEXC. 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
- −$40.48
- Price spread: −0.168% → −0.026%
- −$14.17
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$58.65
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 6 min ago; Variational Omni: RFQ quote, 61 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 MEXC live order book, 6 min ago | 1.20 bp | 7.1 bp −$7 | 15.3 bp −$153 | 78.4 bp −$7,841 | 197.4 bp −$98.7K |
| Sell Variational Omni RFQ quote, 61 min ago | 4.79 bp | doesn't fit | 38.3 bp −$383 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SAND | −0.0331% | 1h | 0.04173 | −0.089% | $574K | $446K | 5x | as long as short |
| Variational Omni SANDshort | −0.0206% | 8h | 0.04170 | −0.168% | $114K | $4K | — | |
| Aster SANDUSDT | −0.0110% | 8h | 0.04177 | +0.003% | $14K | $18K | 10x | as long as short |
| Kraken Futures PF_SANDUSD | −0.0079% | 1h | 0.04182 | +0.108% | $154K | $99K | 25x | as long as short |
| Bitget SANDUSDT | −0.0050% | 8h | 0.04173 | −0.096% | $1.7M | $541K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0047% | 8h | 0.04173 | −0.096% | $2.5M | $373K | 50x | as long as short |
| BloFin SAND-USDT | −0.0033% | 8h | 0.04175 | −0.048% | $323K | $293K | 75x | as long as short |
| MEXC SAND_USDTlong | −0.0013% | 8h | 0.04177 | long leg | $11.7M | $1.7M | 200x | |
| Binance SANDUSDT | −0.0012% | 8h | 0.04177 | 0.000% | $6.6M | $12.4M | 75x | as long as short |
| Extended SAND-USD | −0.0008% | 1h | 0.04175 | −0.038% | $3K | $194K | 10x | as long as short |
Hyperliquid SAND
Aster SANDUSDT
Kraken Futures PF_SANDUSD
Bitget SANDUSDT
KuCoin SANDUSDTM
BloFin SAND-USDT
Binance SANDUSDT
Extended SAND-USDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.149% | $757 | $795 | 5.5x | as long as short |
| Bybit SANDUSDT | +0.0100% | 8h | 0.04175 | −0.048% | $3.4M | $3.3M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04178 | +0.024% | $1.8M | $3.3M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04179 | +0.048% | $464K | $570K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04177 | 0.000% | — | $2.4M | — | as long as short |
Injective SAND/USDC PERP
Bybit SANDUSDT
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT