Funding you earn now, next payment 08:00 UTC+0.0140%/8h= +15.3% APRnext payment +$1.40 per $10,000 · paid last 24h +0.075%
Price spread now: MEXC against Variational Omni−0.185%7-day average +0.029% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.226%+$23 on $10k
+Price spread, last 4 days (all we have)+0.196%+$20 · spread now −0.185%, 7d avg +0.029%
=Together, before fees+0.422%+ Points / potential airdropVariational Omni: Active · farm board+$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.214% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.185% now, against its 7-day average of +0.029%). If the spread goes back, that is −$21 on $10k: about 5.1 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SAND | 0.04189 | −0.0364 | get 0.0364% / 8h | 3h 12m | $114K | $4K | — |
| Short | MEXC SAND_USDT | 0.04181 | −0.0224 | pay 0.0224% / 8h | 3h 12m | $11.5M | $2.0M | 200x |
Variational Omni SAND
MEXC SAND_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $29.4
- Price spread: −0.185% → +0.029%
- −$21.44
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $3.96
- Costs to cover
- 0.040%
- Break-even
- 6.1 days
Slippage unknown: Variational Omni: RFQ quote, 41 min ago; MEXC: live order book, 6 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, 41 min ago | 7.11 bp | doesn't fit | 49.8 bp −$498 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 1.19 bp | 8.3 bp −$8 | 16.6 bp −$166 | 76.0 bp −$7,603 | 167.4 bp −$83.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SANDUSD | −0.1119% | 1h | 0.04192 | +0.077% | $157K | $105K | 25x | as long as short |
| Hyperliquid SAND | −0.0480% | 1h | 0.04177 | −0.271% | $576K | $325K | 5x | as long as short |
| Variational Omni SANDlong | −0.0364% | 8h | 0.04189 | long leg | $114K | $4K | — | |
| Aster SANDUSDT | −0.0321% | 8h | 0.04188 | −0.018% | $14K | $16K | 10x | as long as short |
| BloFin SAND-USDT | −0.0240% | 8h | 0.04180 | −0.209% | $327K | $202K | 75x | as long as short |
| Bitget SANDUSDT | −0.0226% | 8h | 0.04185 | −0.090% | $1.7M | $549K | 10x | as long as short |
| Binance SANDUSDT | −0.0225% | 8h | 0.04180 | −0.201% | $6.7M | $12.4M | 75x | as long as short |
| Extended SAND-USD | −0.0224% | 1h | 0.04180 | −0.213% | $6K | $233K | 10x | as long as short |
| MEXC SAND_USDTshort | −0.0224% | 8h | 0.04181 | −0.185% | $11.5M | $2.0M | 200x | |
| KuCoin SANDUSDTM | −0.0149% | 8h | 0.04181 | −0.185% | $2.6M | $350K | 50x | as long as short |
Kraken Futures PF_SANDUSD
Hyperliquid SAND
Aster SANDUSDT
BloFin SAND-USDT
Bitget SANDUSDT
Binance SANDUSDT
Extended SAND-USD
KuCoin SANDUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SAND-USDT-SWAP | −0.0100% | 8h | 0.04179 | −0.233% | $1.7M | $3.1M | 50x | as long as short |
| Bybit SANDUSDT | −0.0017% | 8h | 0.04182 | −0.162% | $3.5M | $3.6M | 75x | as long as short |
| BingX SAND-USDT | −0.0016% | 8h | 0.04182 | −0.162% | — | $2.4M | — | as long as short |
| Gate SAND_USDT | +0.0023% | 8h | 0.04184 | −0.114% | $472K | $652K | 75x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.427% | $757 | $795 | 5.5x | as long as short |
OKX SAND-USDT-SWAP
Bybit SANDUSDT
BingX SAND-USDT
Gate SAND_USDT
Injective SAND/USDC PERP