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

SAND

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h −0.020%
Price spread now: Extended against Aster+0.065%7-day average · 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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Extended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.065% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SANDUSDT0.04209−0.0324get 0.0324% / 8h2h 52m$14K$16K10x
ShortExtended SAND-USD0.04212−0.0232pay 0.0029% / 1h52m 24s$6K$222K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Aster. 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
$19.38
Price spread: +0.065% → 0.000%
$6.5
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$12.88
Costs to cover
0.130%
Break-even
2.3 days
Slippage unknown: Aster: no order-book sample; Extended: live order book, 59 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 Aster no order-book sample
Sell Extended live order book, 59 min ago2.26 bp12.7 bp −$1389.8 bp −$898doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid SAND−0.0500%1h0.04207−0.052%$582K$323K5xas long as short
Variational Omni SAND−0.0351%8h0.04203−0.145%$115K$4Kas long as short
Aster SANDUSDTlong−0.0324%8h0.04209long leg$14K$16K10x
BloFin SAND-USDT−0.0259%8h0.04205−0.104%$330K$154K75xas long as short
MEXC SAND_USDT−0.0234%8h0.04211+0.039%$11.6M$1.9M200xas long as short
Binance SANDUSDT−0.0233%8h0.04209−0.001%$6.8M$12.5M75xas long as short
Extended SAND-USDshort−0.0232%1h0.04212+0.065%$6K$222K10x
Bitget SANDUSDT−0.0229%8h0.04206−0.080%$1.7M$554K10xas long as short
KuCoin SANDUSDTM−0.0142%8h0.04207−0.057%$2.6M$344K50xas long as short
OKX SAND-USDT-SWAP−0.0125%8h0.04210+0.015%$1.7M$3.2M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SANDUSDT−0.0015%8h0.04209−0.009%$3.5M$3.6M75xas long as short
BingX SAND-USDT−0.0006%8h0.04210+0.015%$2.4Mas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−1.910%$757$7955.5xas long as short
Gate SAND_USDT+0.0047%8h0.04207−0.057%$473K$648K75xas long as short
Kraken Futures PF_SANDUSD+0.0111%1h0.04210+0.015%$157K$105K25xas long as short