Funding you earn now, next payment 00:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.49 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against OKX−0.024%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$630.629% of the position
Funding, last 7 days+0.143%+$14 on $10k
+Price spread, last 3 days (all we have)−0.118%−$12 · spread now −0.024%, 7d avg −0.027%
=The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.143%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SAND-USDT-SWAP | 0.04175 | 0.0100 | pay 0.0100% / 8h | 2h 27m | $1.8M | $3.3M | 50x |
| Short | BloFin SAND-USDT | 0.04174 | 0.0051 | get 0.0051% / 8h | 2h 27m | $322K | $291K | 75x |
OKX SAND-USDT-SWAP
BloFin SAND-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$10.31
- Price spread: −0.024% → −0.027%
- $0.32
- Slippage, 4 orders
- −$40.91
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$72.9
- Costs to cover
- 0.629%
- Break-even
- never at this rate
Slippage from OKX: live order book, just now; BloFin: live order book, 57 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 OKX live order book, just now | 2.40 bp | 16.5 bp −$16 | 624.8 bp −$6,248 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 57 min ago | 1.20 bp | 9.6 bp −$10 | 17.6 bp −$176 | 72.7 bp −$7,268 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAND | −0.0146% | 8h | 0.04157 | −0.436% | $113K | $5K | — | as long as short |
| KuCoin SANDUSDTM | −0.0038% | 8h | 0.04167 | −0.192% | $2.6M | $373K | 50x | as long as short |
| Bitget SANDUSDT | −0.0038% | 8h | 0.04170 | −0.120% | $1.7M | $545K | 10x | as long as short |
| Aster SANDUSDT | +0.0002% | 8h | 0.04173 | −0.046% | $14K | $18K | 10x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.102% | $757 | $795 | 5.5x | as long as short |
| BloFin SAND-USDTshort | +0.0051% | 8h | 0.04174 | −0.024% | $322K | $291K | 75x | |
| MEXC SAND_USDT | +0.0066% | 8h | 0.04173 | −0.048% | $11.7M | $1.7M | 200x | as long as short |
| Binance SANDUSDT | +0.0069% | 8h | 0.04174 | −0.019% | $6.5M | $12.3M | 75x | as long as short |
| Extended SAND-USD | +0.0072% | 1h | 0.04174 | −0.031% | $3K | $194K | 10x | as long as short |
| Hyperliquid SAND | +0.0100% | 1h | 0.04170 | −0.129% | $574K | $446K | 5x | as long as short |
Variational Omni SAND
KuCoin SANDUSDTM
Bitget SANDUSDT
Aster SANDUSDT
Injective SAND/USDC PERP
MEXC SAND_USDT
Binance SANDUSDT
Extended SAND-USD
Hyperliquid SANDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SANDUSDT | +0.0100% | 8h | 0.04170 | −0.120% | $3.3M | $3.2M | 75x | as long as short |
| OKX SAND-USDT-SWAPlong | +0.0100% | 8h | 0.04175 | long leg | $1.8M | $3.3M | 50x | |
| Gate SAND_USDT | +0.0100% | 8h | 0.04171 | −0.096% | $465K | $574K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04171 | −0.096% | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.0283% | 1h | 0.04176 | +0.029% | $156K | $100K | 25x | as long as short |
Bybit SANDUSDT
Gate SAND_USDT
BingX SAND-USDT
Kraken Futures PF_SANDUSD