Settings8H · net · $10k
Funding arb · Price arb /

SAND

all SAND markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0272%/8h= +29.7% APRnext payment +$2.72 per $10,000 · paid last 24h +0.097%
Price spread now: BingX against Variational Omni+0.169%7-day average +0.035% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.255%+$26 on $10k
Price spread, last 3 days (all we have)−0.133%−$13 · spread now +0.169%, 7d avg +0.035%
Together, before fees+0.122%+ Points / potential airdropVariational Omni: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BingX is 0.134% dearer against Variational Omni than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SAND0.04178−0.0172get 0.0172% / 8h59m 50s$114K$4K
ShortBingX SAND-USDT0.041850.0100get 0.0100% / 8h59m 50s$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$57.04
Price spread: +0.169% → +0.035%
$13.43
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$60.47
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 19 min ago; BingX: live order book, 14 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 19 min ago6.00 bpdoesn't fit46.8 bp −$468doesn't fitdoesn't fit
Sell BingX live order book, 14 min ago4.80 bp16.8 bp −$1728.6 bp −$286157.7 bp −$15.8K569.9 bp −$284.9K

SAND on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid SAND−0.0502%1h0.04183+0.112%$576K$449K5xas long as short
Variational Omni SANDlong−0.0172%8h0.04178long leg$114K$4K
Kraken Futures PF_SANDUSD−0.0079%1h0.04189+0.257%$154K$104K25xas long as short
Aster SANDUSDT−0.0076%8h0.04188+0.235%$14K$18K10xas long as short
Bitget SANDUSDT−0.0019%8h0.04182+0.097%$1.7M$540K10xas long as short
KuCoin SANDUSDTM−0.0014%8h0.04181+0.073%$2.6M$383K50xas long as short
MEXC SAND_USDT+0.0023%8h0.04188+0.241%$11.7M$1.7M200xas long as short
Extended SAND-USD+0.0024%1h0.04185+0.171%$3K$194K10xas long as short
Binance SANDUSDT+0.0026%8h0.04188+0.241%$6.6M$12.4M75xas long as short
BloFin SAND-USDT+0.0029%8h0.04185+0.169%$323K$294K75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SAND/USDC PERP+0.0033%1h0.04129−1.171%$757$7955.5xas long as short
Bybit SANDUSDT+0.0100%8h0.04185+0.169%$3.4M$3.3M75xas long as short
OKX SAND-USDT-SWAP+0.0100%8h0.04187+0.217%$1.8M$3.4M50xas long as short
Gate SAND_USDT+0.0100%8h0.04189+0.265%$465K$571K75xas long as short
BingX SAND-USDTshort+0.0100%8h0.04185+0.169%$2.4M