Funding you earn now, next payment 08:00 UTC+0.0127%/8h= +13.9% APRnext payment +$1.27 per $10,000 · paid last 24h +0.062%
Price spread now: Bitget against Variational Omni−0.253%7-day average −0.031% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.249%+$25 on $10k
+Price spread, last 4 days (all we have)+0.199%+$20 · spread now −0.253%, 7d avg −0.031%
=Together, before fees+0.448%+ Points / potential airdropVariational Omni: Active · farm board+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.223% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.253% now, against its 7-day average of −0.031%). If the spread goes back, that is −$22 on $10k: about 5.8 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SAND | 0.04234 | −0.0361 | get 0.0361% / 8h | 2h 00m | $116K | $4K | — |
| Short | Bitget SANDUSDT | 0.04223 | −0.0234 | pay 0.0234% / 8h | 2h 00m | $1.7M | $548K | 10x |
Variational Omni SAND
Bitget SANDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $26.68
- Price spread: −0.253% → −0.031%
- −$22.25
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$7.57
- Costs to cover
- 0.120%
- Break-even
- 9.0 days
Slippage unknown: Variational Omni: RFQ quote, 48 min ago; Bitget: live order book, 1 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 Variational Omni RFQ quote, 48 min ago | 5.95 bp | doesn't fit | 46.4 bp −$464 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 3.55 bp | 44.5 bp −$44 | 65.6 bp −$656 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SAND | −0.0534% | 1h | 0.04222 | −0.286% | $586K | $328K | 5x | as long as short |
| Aster SANDUSDT | −0.0364% | 8h | 0.04229 | −0.109% | $14K | $16K | 10x | as long as short |
| Variational Omni SANDlong | −0.0361% | 8h | 0.04234 | long leg | $116K | $4K | — | |
| BloFin SAND-USDT | −0.0303% | 8h | 0.04229 | −0.111% | $327K | $140K | 75x | as long as short |
| Binance SANDUSDT | −0.0276% | 8h | 0.04229 | −0.117% | $6.8M | $13.0M | 75x | as long as short |
| MEXC SAND_USDT | −0.0274% | 8h | 0.04229 | −0.111% | $11.4M | $1.9M | 200x | as long as short |
| Extended SAND-USD | −0.0272% | 1h | 0.04230 | −0.081% | $6K | $228K | 10x | as long as short |
| Bitget SANDUSDTshort | −0.0234% | 8h | 0.04223 | −0.253% | $1.7M | $548K | 10x | |
| KuCoin SANDUSDTM | −0.0180% | 8h | 0.04226 | −0.182% | $2.6M | $363K | 50x | as long as short |
| OKX SAND-USDT-SWAP | −0.0165% | 8h | 0.04220 | −0.324% | $1.7M | $3.2M | 50x | as long as short |
Hyperliquid SAND
Aster SANDUSDT
BloFin SAND-USDT
Binance SANDUSDT
MEXC SAND_USDT
Extended SAND-USD
KuCoin SANDUSDTM
OKX SAND-USDT-SWAPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SANDUSDT | −0.0043% | 8h | 0.04227 | −0.159% | $3.5M | $3.8M | 75x | as long as short |
| BingX SAND-USDT | −0.0029% | 8h | 0.04229 | −0.111% | — | $2.4M | — | as long as short |
| Gate SAND_USDT | +0.0002% | 8h | 0.04232 | −0.041% | $486K | $672K | 75x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −2.473% | $757 | $795 | 5.5x | as long as short |
| Kraken Futures PF_SANDUSD | +0.0110% | 1h | 0.04242 | +0.196% | $160K | $104K | 25x | as long as short |
Bybit SANDUSDT
BingX SAND-USDT
Gate SAND_USDT
Injective SAND/USDC PERP
Kraken Futures PF_SANDUSD