Funding you earn now, next payment 00:00 UTC+0.0102%/8h= +11.2% APRnext payment +$1.02 per $10,000 · paid last 24h +0.097%
Price spread now: KuCoin against Variational Omni+0.125%7-day average −0.020% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.267%+$27 on $10k
+Price spread, last 3 days (all we have)−0.141%−$14 · spread now +0.125%, 7d avg −0.020%
=Together, before fees+0.126%+ Points / potential airdropVariational Omni: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.145% dearer against Variational Omni than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SAND | 0.04157 | −0.0146 | get 0.0146% / 8h | 2h 30m | $113K | $5K | — |
| Short | KuCoin SANDUSDTM | 0.04162 | −0.0044 | pay 0.0044% / 8h | 2h 30m | $2.6M | $373K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21.49
- Price spread: +0.125% → −0.020%
- $14.46
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $23.95
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 58 min ago; KuCoin: live order book, 2 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, 58 min ago | 4.78 bp | doesn't fit | 50.2 bp −$502 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 10.84 bp | 46.9 bp −$47 | 114.7 bp −$1,147 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SANDlong | −0.0146% | 8h | 0.04157 | long leg | $113K | $5K | — | |
| Bitget SANDUSDT | −0.0046% | 8h | 0.04158 | +0.029% | $1.7M | $545K | 10x | as long as short |
| KuCoin SANDUSDTMshort | −0.0044% | 8h | 0.04162 | +0.125% | $2.6M | $373K | 50x | |
| Aster SANDUSDT | −0.0003% | 8h | 0.04162 | +0.118% | $14K | $18K | 10x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.669% | $757 | $795 | 5.5x | as long as short |
| MEXC SAND_USDT | +0.0061% | 8h | 0.04160 | +0.077% | $11.7M | $1.7M | 200x | as long as short |
| Binance SANDUSDT | +0.0061% | 8h | 0.04162 | +0.116% | $6.5M | $12.2M | 75x | as long as short |
| Extended SAND-USD | +0.0064% | 1h | 0.04160 | +0.087% | $3K | $194K | 10x | as long as short |
| BloFin SAND-USDT | +0.0065% | 8h | 0.04157 | +0.005% | $322K | $290K | 75x | as long as short |
| Hyperliquid SAND | +0.0100% | 1h | 0.04158 | +0.029% | $573K | $445K | 5x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SANDUSDT | +0.0100% | 8h | 0.04161 | +0.101% | $3.3M | $3.2M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04164 | +0.173% | $1.8M | $3.3M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04165 | +0.197% | $464K | $574K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04160 | +0.077% | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.0284% | 1h | 0.04165 | +0.186% | $155K | $100K | 25x | as long as short |
Variational Omni SAND
KuCoin SANDUSDTM
Bitget SANDUSDT
Aster SANDUSDT
Injective SAND/USDC PERP
MEXC SAND_USDT
Binance SANDUSDT
Extended SAND-USD
BloFin SAND-USDT
Hyperliquid SAND
Bybit SANDUSDT
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT
Kraken Futures PF_SANDUSD