Settings8H · net · $10k
Funding arb · Price arb /

SAND

all SAND markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SAND0.04157−0.0146get 0.0146% / 8h2h 30m$113K$5K
ShortKuCoin SANDUSDTM0.04162−0.0044pay 0.0044% / 8h2h 30m$2.6M$373K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 58 min ago4.78 bpdoesn't fit50.2 bp −$502doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago10.84 bp46.9 bp −$47114.7 bp −$1,147doesn'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−0.0146%8h0.04157long leg$113K$5K
Bitget SANDUSDT−0.0046%8h0.04158+0.029%$1.7M$545K10xas long as short
KuCoin SANDUSDTMshort−0.0044%8h0.04162+0.125%$2.6M$373K50x
Aster SANDUSDT−0.0003%8h0.04162+0.118%$14K$18K10xas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−0.669%$757$7955.5xas long as short
MEXC SAND_USDT+0.0061%8h0.04160+0.077%$11.7M$1.7M200xas long as short
Binance SANDUSDT+0.0061%8h0.04162+0.116%$6.5M$12.2M75xas long as short
Extended SAND-USD+0.0064%1h0.04160+0.087%$3K$194K10xas long as short
BloFin SAND-USDT+0.0065%8h0.04157+0.005%$322K$290K75xas long as short
Hyperliquid SAND+0.0100%1h0.04158+0.029%$573K$445K5xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SANDUSDT+0.0100%8h0.04161+0.101%$3.3M$3.2M75xas long as short
OKX SAND-USDT-SWAP+0.0100%8h0.04164+0.173%$1.8M$3.3M50xas long as short
Gate SAND_USDT+0.0100%8h0.04165+0.197%$464K$574K75xas long as short
BingX SAND-USDT+0.0100%8h0.04160+0.077%$2.4Mas long as short
Kraken Futures PF_SANDUSD+0.0284%1h0.04165+0.186%$155K$100K25xas long as short