Funding you earn now, next payment 08:00 UTC+0.0230%/8h= +25.2% APRnext payment +$2.30 per $10,000 · paid last 24h +0.104%
Price spread now: Bybit against Variational Omni−0.079%7-day average +0.004% · 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)+0.282%+$28 on $10k
+Price spread, last 4 days (all we have)−0.115%−$11 · spread now −0.079%, 7d avg +0.004%
=Together, before fees+0.167%+ Points / potential airdropVariational Omni: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.082% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of +0.004%). If the spread goes back, that is −$8 on $10k: about 29 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SAND | 0.04155 | −0.0340 | get 0.0340% / 8h | 6h 09m | $114K | $4K | — |
| Short | Bybit SANDUSDT | 0.04152 | −0.0110 | pay 0.0110% / 8h | 6h 09m | $3.4M | $3.4M | 75x |
Variational Omni SAND
Bybit SANDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $48.37
- Price spread: −0.079% → +0.004%
- −$8.25
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $29.12
- Costs to cover
- 0.110%
- Break-even
- 2.8 days
Slippage unknown: Variational Omni: RFQ quote, 59 min ago; Bybit: live order book, 3 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, 59 min ago | 7.14 bp | doesn't fit | 47.6 bp −$476 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.41 bp | 15.9 bp −$16 | 37.8 bp −$378 | doesn't fit | doesn't fit |
SAND on 14 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 SANDlong | −0.0340% | 8h | 0.04155 | long leg | $114K | $4K | — | |
| Aster SANDUSDT | −0.0148% | 8h | 0.04158 | +0.063% | $14K | $17K | 10x | as long as short |
| Bybit SANDUSDTshort | −0.0110% | 8h | 0.04152 | −0.079% | $3.4M | $3.4M | 75x | |
| Extended SAND-USD | −0.0040% | 1h | 0.04149 | −0.155% | $3K | $176K | 10x | as long as short |
| MEXC SAND_USDT | −0.0039% | 8h | 0.04149 | −0.151% | $11.6M | $1.7M | 200x | as long as short |
| Binance SANDUSDT | −0.0037% | 8h | 0.04149 | −0.161% | $6.4M | $12.1M | 75x | as long as short |
| Bitget SANDUSDT | −0.0013% | 8h | 0.04144 | −0.271% | $1.7M | $564K | 10x | as long as short |
| Hyperliquid SAND | +0.0016% | 1h | 0.04144 | −0.279% | $572K | $352K | 5x | as long as short |
| KuCoin SANDUSDTM | +0.0018% | 8h | 0.04149 | −0.151% | $2.5M | $376K | 50x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.632% | $757 | $795 | 5.5x | as long as short |
Aster SANDUSDT
Extended SAND-USD
MEXC SAND_USDT
Binance SANDUSDT
Bitget SANDUSDT
Hyperliquid SAND
KuCoin SANDUSDTM
Injective SAND/USDC PERPShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04146 | −0.223% | $1.7M | $3.2M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04154 | −0.031% | $458K | $625K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04148 | −0.175% | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.0431% | 1h | 0.04159 | +0.085% | $154K | $112K | 25x | as long as short |
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT
Kraken Futures PF_SANDUSD