Funding you earn now, next payment 00:00 UTC−0.0119%/8h= −13.0% APRnext payment −$1.19 per $10,000 · paid last 24h −0.005%
Price spread now: Aster against OKX−0.047%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.047% cheaper against OKX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SAND-USDT-SWAP | 0.04156 | 0.0100 | pay 0.0100% / 8h | 2h 57m | $1.8M | $3.3M | 50x |
| Short | Aster SANDUSDT | 0.04154 | −0.0019 | pay 0.0019% / 8h | 2h 57m | $13K | $17K | 10x |
OKX SAND-USDT-SWAP
Aster SANDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against OKX. 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
- −$24.99
- Price spread: −0.047% → 0.000%
- −$4.69
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$47.68
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, just now; Aster: no order-book sample. 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 OKX live order book, just now | 1.20 bp | 14.4 bp −$14 | 174.9 bp −$1,749 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAND | −0.0164% | 8h | 0.04162 | +0.134% | $113K | $5K | — | as long as short |
| Bitget SANDUSDT | −0.0097% | 8h | 0.04152 | −0.096% | $1.7M | $557K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0068% | 8h | 0.04154 | −0.048% | $2.6M | $366K | 50x | as long as short |
| Aster SANDUSDTshort | −0.0019% | 8h | 0.04154 | −0.047% | $13K | $17K | 10x | |
| BloFin SAND-USDT | +0.0013% | 8h | 0.04152 | −0.096% | $323K | $288K | 75x | as long as short |
| Extended SAND-USD | +0.0032% | 1h | 0.04153 | −0.060% | $3K | $194K | 10x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.650% | $757 | $795 | 5.5x | as long as short |
| MEXC SAND_USDT | +0.0035% | 8h | 0.04154 | −0.048% | $11.8M | $1.7M | 200x | as long as short |
| Binance SANDUSDT | +0.0036% | 8h | 0.04154 | −0.048% | $6.5M | $12.4M | 75x | as long as short |
| Hyperliquid SAND | +0.0100% | 1h | 0.04152 | −0.084% | $572K | $444K | 5x | as long as short |
Variational Omni SAND
Bitget SANDUSDT
KuCoin SANDUSDTM
BloFin SAND-USDT
Extended SAND-USD
Injective SAND/USDC PERP
MEXC SAND_USDT
Binance SANDUSDT
Hyperliquid SANDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SANDUSDT | +0.0100% | 8h | 0.04153 | −0.072% | $3.3M | $3.2M | 75x | as long as short |
| OKX SAND-USDT-SWAPlong | +0.0100% | 8h | 0.04156 | long leg | $1.8M | $3.3M | 50x | |
| Gate SAND_USDT | +0.0100% | 8h | 0.04159 | +0.072% | $463K | $571K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04155 | −0.024% | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.0285% | 1h | 0.04156 | −0.006% | $155K | $96K | 25x | as long as short |
Bybit SANDUSDT
Gate SAND_USDT
BingX SAND-USDT
Kraken Futures PF_SANDUSD