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 08:00 UTC+0.0124%/8h= +13.5% APRnext payment +$1.24 per $10,000 · paid last 24h +0.097%
Price spread now: BloFin against Variational Omni−0.209%7-day average +0.026% · you buy dearer than you sell
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 4 days (all we have)+0.321%+$32 on $10k
Price spread, last 4 days (all we have)+0.236%+$24 · spread now −0.209%, 7d avg +0.026%
Together, before fees+0.557%+ Points / potential airdropVariational Omni: Active · farm board+$56 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.235% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.209% now, against its 7-day average of +0.026%). If the spread goes back, that is −$24 on $10k: about 6.4 days of funding at the current rate (+$4 a day). At the pace of the last 4 days (+0.321% in total) that is about 2.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SAND0.04189−0.0364get 0.0364% / 8h3h 12m$114K$4K
ShortBloFin SAND-USDT0.04180−0.0240pay 0.0240% / 8h3h 12m$327K$202K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

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

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$25.94
Price spread: −0.209% → +0.026%
−$23.54
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$9.6
Costs to cover
0.120%
Break-even
9.6 days
Slippage unknown: Variational Omni: RFQ quote, 41 min ago; BloFin: live order book, 17 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, 41 min ago7.11 bpdoesn't fit49.8 bp −$498doesn't fitdoesn't fit
Sell BloFin live order book, 17 min ago3.57 bp9.6 bp −$1018.3 bp −$18385.0 bp −$8,499doesn't fit

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
Kraken Futures PF_SANDUSD−0.1119%1h0.04192+0.077%$157K$105K25xas long as short
Hyperliquid SAND−0.0480%1h0.04179−0.228%$577K$325K5xas long as short
Variational Omni SANDlong−0.0364%8h0.04189long leg$114K$4K
Aster SANDUSDT−0.0321%8h0.04188−0.018%$14K$16K10xas long as short
BloFin SAND-USDTshort−0.0240%8h0.04180−0.209%$327K$202K75x
Bitget SANDUSDT−0.0226%8h0.04185−0.090%$1.7M$549K10xas long as short
Binance SANDUSDT−0.0225%8h0.04181−0.193%$6.7M$12.4M75xas long as short
Extended SAND-USD−0.0224%1h0.04180−0.213%$6K$233K10xas long as short
MEXC SAND_USDT−0.0224%8h0.04182−0.162%$11.5M$2.0M200xas long as short
KuCoin SANDUSDTM−0.0147%8h0.04181−0.185%$2.6M$350K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SAND-USDT-SWAP−0.0097%8h0.04180−0.209%$1.7M$3.1M50xas long as short
Bybit SANDUSDT−0.0017%8h0.04182−0.162%$3.5M$3.6M75xas long as short
BingX SAND-USDT−0.0016%8h0.04182−0.162%$2.4Mas long as short
Gate SAND_USDT+0.0023%8h0.04184−0.114%$472K$652K75xas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−1.427%$757$7955.5xas long as short