Settings8H · net · $10k
My profile
Funding arb · Price arb / Crypto

SAND

All SAND markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
OKX SpotSAND-USDT
0.04187spotno funding——$449K1xBuy OKX Spot
SHORT
OKXSAND-USDT-SWAP
0.04197−0.0566pay 0.0283% / 4h3h 43m$2.8M$13.1M50xShort OKX
Price gap+0.239%
Funding gap−0.0566% /8h

The gap pays +$36 on $10k if it goes back to its 7d average, but funding costs $17 a day and eats that in about 2.1 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$81−0.0566% /8h now · paid −0.806% over the last 7D
Price+$36spread +0.239% now, avg −0.124% → +0.363% if it goes back
Costs−$2942.937% of $10k · taker + slippage, in and out
Result−$338−3.38%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.239%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SAND on 14 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size55.8 / 17.8 bp
    At $10k entering OKX Spot costs 55.8 bp, fee and slippage, 3.1× OKX’s.
  • Note: Spot in full, margin on the short$10,000 + $200
    The spot leg is bought with the whole $10k; OKX runs at up to 50x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on OKX.
  • OK: Only the short pays funding— / 4h
    The spot leg pays no funding; OKX settles every 4h.
    Next 24h at the current rates, on $10k a leg: −$16.97Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, −$16.97.
  • OK: Entry gap works for you+0.239% vs −0.124%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$2.8M OI
    Only OKX reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCOKX Spot Yes · OKX Yes
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0384%/8h × 21 periods−$80.62
Price spread+0.239% → −0.124% (7d avg)+$36.26
Slippage, 4 orderslive order books−$263.67
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$338.03
Costs to cover2.937%Break-evennever at this rate
Slippage: OKX Spot: live order book, 17 min ago; OKX: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX Spot2.4255.8 bp−$56doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX1.2017.8 bp−$18165.5 bp−$1,655doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

SAND news

posts that mention SAND, from every exchange
10-09 03:29PhemexListingPerp New Listing: $SAND | @thesandboxgame 🔹 Trading Pair: $SAND/USDT 🔹 Trading Starts: 🔹 Supports 1 – 50x Leverage @Phemex_official on X ↗