Funding you earn now, next payment 00:00 UTC−0.0335%/8h= −36.7% APRnext payment −$3.35 per $10,000 · paid last 24h −0.097%
Price spread now: Variational Omni against OKX−0.119%7-day average −0.053% · 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)−0.272%−$27 on $10k
+Price spread, last 3 days (all we have)+0.086%+$9 · spread now −0.119%, 7d avg −0.053%
=Together, before fees−0.186%+ Points / potential airdropVariational Omni: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Variational Omni is 0.066% cheaper against OKX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.053%). Swap the legs.
| 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 | 28m 45s | $1.8M | $3.3M | 50x |
| Short | Variational Omni SAND | 0.04170 | −0.0235 | pay 0.0235% / 8h | 28m 45s | $114K | $4K | — |
OKX SAND-USDT-SWAP
Variational Omni SANDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$70.45
- Price spread: −0.119% → −0.053%
- −$6.6
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$87.05
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 4 min ago; Variational Omni: RFQ quote, 50 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 OKX live order book, 4 min ago | 2.39 bp | 13.4 bp −$13 | 202.8 bp −$2,028 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 50 min ago | 6.00 bp | doesn't fit | 25.2 bp −$252 | 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 SANDshort | −0.0235% | 8h | 0.04170 | −0.119% | $114K | $4K | — | |
| Kraken Futures PF_SANDUSD | −0.0140% | 1h | 0.04175 | −0.008% | $153K | $106K | 25x | as long as short |
| Aster SANDUSDT | −0.0095% | 8h | 0.04178 | +0.069% | $14K | $18K | 10x | as long as short |
| Hyperliquid SAND | −0.0061% | 1h | 0.04171 | −0.093% | $575K | $450K | 5x | as long as short |
| Bitget SANDUSDT | −0.0029% | 8h | 0.04169 | −0.144% | $1.7M | $541K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0020% | 8h | 0.04170 | −0.120% | $2.6M | $380K | 50x | as long as short |
| BloFin SAND-USDT | +0.0006% | 8h | 0.04172 | −0.072% | $324K | $292K | 75x | as long as short |
| Binance SANDUSDT | +0.0011% | 8h | 0.04173 | −0.049% | $6.6M | $12.4M | 75x | as long as short |
| Extended SAND-USD | +0.0016% | 1h | 0.04173 | −0.043% | $3K | $194K | 10x | as long as short |
| MEXC SAND_USDT | +0.0016% | 8h | 0.04174 | −0.024% | $11.7M | $1.7M | 200x | as long as short |
Kraken Futures PF_SANDUSD
Aster SANDUSDT
Hyperliquid SAND
Bitget SANDUSDT
KuCoin SANDUSDTM
BloFin SAND-USDT
Binance SANDUSDT
Extended SAND-USD
MEXC SAND_USDTShow 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 | −1.102% | $757 | $795 | 5.5x | as long as short |
| Bybit SANDUSDT | +0.0057% | 8h | 0.04171 | −0.096% | $3.4M | $3.3M | 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 | 0.04177 | +0.048% | $473K | $558K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04174 | −0.024% | — | $2.4M | — | as long as short |
Injective SAND/USDC PERP
Bybit SANDUSDT
Gate SAND_USDT
BingX SAND-USDT