Funding you earn now, next payment 00:00 UTC+0.0213%/8h= +23.3% APRnext payment +$2.13 per $10,000 · paid last 24h −0.008%
Price spread now: Bybit against Aster+0.035%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bybit is 0.035% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SANDUSDT | 0.04166 | −0.0113 | get 0.0113% / 8h | 1h 31m | $14K | $18K | 10x |
| Short | Bybit SANDUSDT | 0.04167 | 0.0100 | get 0.0100% / 8h | 1h 31m | $3.4M | $3.3M | 75x |
Aster SANDUSDT
Bybit SANDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- $44.68
- Price spread: +0.035% → 0.000%
- $3.54
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $29.21
- Costs to cover
- 0.190%
- Break-even
- 2.4 days
Slippage unknown: Aster: no order-book sample; Bybit: 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 Aster no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 6 min ago | 2.40 bp | 14.9 bp −$15 | 36.9 bp −$369 | doesn't fit | doesn't fit |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SAND | −0.0390% | 1h | 0.04167 | +0.031% | $573K | $445K | 5x | as long as short |
| Variational Omni SAND | −0.0187% | 8h | 0.04171 | +0.132% | $114K | $4K | — | as long as short |
| Aster SANDUSDTlong | −0.0113% | 8h | 0.04166 | long leg | $14K | $18K | 10x | |
| Kraken Futures PF_SANDUSD | −0.0080% | 1h | 0.04171 | +0.122% | $155K | $98K | 25x | as long as short |
| Bitget SANDUSDT | −0.0058% | 8h | 0.04166 | +0.011% | $1.7M | $548K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0052% | 8h | 0.04165 | −0.013% | $2.6M | $372K | 50x | as long as short |
| Extended SAND-USD | −0.0016% | 1h | 0.04170 | +0.112% | $3K | $194K | 10x | as long as short |
| MEXC SAND_USDT | −0.0015% | 8h | 0.04171 | +0.131% | $11.7M | $1.7M | 200x | as long as short |
| Binance SANDUSDT | −0.0015% | 8h | 0.04171 | +0.131% | $6.6M | $12.4M | 75x | as long as short |
| BloFin SAND-USDT | −0.0004% | 8h | 0.04171 | +0.131% | $323K | $292K | 75x | as long as short |
Hyperliquid SAND
Variational Omni SAND
Kraken Futures PF_SANDUSD
Bitget SANDUSDT
KuCoin SANDUSDTM
Extended SAND-USD
MEXC SAND_USDT
Binance SANDUSDT
BloFin SAND-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.877% | $757 | $795 | 5.5x | as long as short |
| Bybit SANDUSDTshort | +0.0100% | 8h | 0.04167 | +0.035% | $3.4M | $3.3M | 75x | |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04170 | +0.107% | $1.8M | $3.3M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04168 | +0.059% | $463K | $570K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04166 | +0.011% | — | $2.4M | — | as long as short |
Injective SAND/USDC PERP
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT