Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: Gate against OKX0.000%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$930.931% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now 0.000%, 7d avg +0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SAND-USDT-SWAP | 0.04150 | 0.0100 | pay 0.0100% / 8h | 2h 54m | $1.8M | $3.3M | 50x |
| Short | Gate SAND_USDT | 0.04150 | 0.0100 | get 0.0100% / 8h | 2h 54m | $462K | $571K | 75x |
OKX SAND-USDT-SWAP
Gate SAND_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: 0.000% → +0.002%
- −$0.17
- Slippage, 4 orders
- −$68.08
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$93.25
- Costs to cover
- 0.931%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Gate: live order book, 31 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, 3 min ago | 1.20 bp | 14.4 bp −$14 | 174.9 bp −$1,749 | doesn't fit | doesn't fit |
| Sell Gate live order book, 31 min ago | 2.40 bp | 28.6 bp −$29 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAND | −0.0165% | 8h | 0.04155 | +0.120% | $113K | $5K | — | as long as short |
| Bitget SANDUSDT | −0.0090% | 8h | 0.04146 | −0.096% | $1.7M | $551K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0070% | 8h | 0.04143 | −0.169% | $2.6M | $366K | 50x | as long as short |
| Aster SANDUSDT | −0.0020% | 8h | 0.04151 | +0.035% | $13K | $17K | 10x | as long as short |
| Extended SAND-USD | +0.0032% | 1h | 0.04148 | −0.059% | $3K | $194K | 10x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.506% | $757 | $795 | 5.5x | as long as short |
| MEXC SAND_USDT | +0.0034% | 8h | 0.04149 | −0.024% | $11.7M | $1.7M | 200x | as long as short |
| Binance SANDUSDT | +0.0035% | 8h | 0.04149 | −0.024% | $6.5M | $12.3M | 75x | as long as short |
| BloFin SAND-USDT | +0.0060% | 8h | 0.04160 | +0.241% | $324K | $289K | 75x | as long as short |
| Hyperliquid SAND | +0.0100% | 1h | 0.04147 | −0.065% | $571K | $443K | 5x | as long as short |
Variational Omni SAND
Bitget SANDUSDT
KuCoin SANDUSDTM
Aster SANDUSDT
Extended SAND-USD
Injective SAND/USDC PERP
MEXC SAND_USDT
Binance SANDUSDT
BloFin SAND-USDT
Hyperliquid SANDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SANDUSDT | +0.0100% | 8h | 0.04147 | −0.072% | $3.3M | $3.2M | 75x | as long as short |
| OKX SAND-USDT-SWAPlong | +0.0100% | 8h | 0.04150 | long leg | $1.8M | $3.3M | 50x | |
| Gate SAND_USDTshort | +0.0100% | 8h | 0.04150 | 0.000% | $462K | $571K | 75x | |
| BingX SAND-USDT | +0.0100% | 8h | 0.04150 | 0.000% | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.0285% | 1h | 0.04150 | +0.003% | $155K | $97K | 25x | as long as short |
Bybit SANDUSDT
BingX SAND-USDT
Kraken Futures PF_SANDUSD