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+0.0243%/8h= +26.7% APRnext payment +$2.43 per $10,000 · paid last 24h +0.077%
Price spread now: Gate against Variational Omni+0.329%7-day average +0.051% · 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)+0.244%+$24 on $10k
Price spread, last 3 days (all we have)−0.327%−$33 · spread now +0.329%, 7d avg +0.051%
Together, before fees−0.083%+ Points / potential airdropVariational Omni: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Gate is 0.278% dearer against Variational Omni than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SAND0.04152−0.0143get 0.0143% / 8h1h 56m$113K$4K
ShortGate SAND_USDT0.041660.0100get 0.0100% / 8h1h 56m$464K$567K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$51.13
Price spread: +0.329% → +0.051%
$27.8
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$63.93
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 27 min ago; Gate: live order book, 24 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, 27 min ago4.79 bpdoesn't fit40.7 bp −$407doesn't fitdoesn't fit
Sell Gate live order book, 24 min ago2.39 bp28.2 bp −$28doesn't fitdoesn't fitdoesn'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
Variational Omni SANDlong−0.0143%8h0.04152long leg$113K$4K
Hyperliquid SAND−0.0097%1h0.04165+0.317%$573K$446K5xas long as short
Kraken Futures PF_SANDUSD−0.0080%1h0.04165+0.310%$155K$96K25xas long as short
Aster SANDUSDT−0.0059%8h0.04165+0.303%$14K$18K10xas long as short
Bitget SANDUSDT−0.0040%8h0.04165+0.305%$1.7M$545K10xas long as short
KuCoin SANDUSDTM−0.0036%8h0.04164+0.280%$2.6M$370K50xas long as short
BloFin SAND-USDT+0.0019%8h0.04163+0.256%$323K$292K75xas long as short
Extended SAND-USD+0.0024%1h0.04165+0.313%$3K$194K10xas long as short
MEXC SAND_USDT+0.0027%8h0.04171+0.449%$11.7M$1.7M200xas long as short
Binance SANDUSDT+0.0027%8h0.04168+0.378%$6.5M$12.3M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SAND/USDC PERP+0.0033%1h0.04129−0.562%$757$7955.5xas long as short
Bybit SANDUSDT+0.0100%8h0.04166+0.329%$3.3M$3.2M75xas long as short
OKX SAND-USDT-SWAP+0.0100%8h0.04167+0.353%$1.8M$3.3M50xas long as short
Gate SAND_USDTshort+0.0100%8h0.04166+0.329%$464K$567K75x
BingX SAND-USDT+0.0100%8h0.04166+0.329%$2.4Mas long as short