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

SAND

all SAND markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC+0.0164%/8h= +18.0% APRnext payment +$1.64 per $10,000 · paid last 24h +0.045%
Price spread now: BingX against Binance+0.101%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$570.567% of the position
Long on BinanceShort on BingX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.187%+$19 on $10k
Price spread, last 7 days−0.134%−$13 · spread now +0.101%, 7d avg +0.001%
Together, before fees+0.053%+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BingX is 0.100% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SANDUSDT0.04145−0.0064get 0.0064% / 8h6h 47m$6.4M$12.4M75x
ShortBingX SAND-USDT0.041490.0100get 0.0100% / 8h6h 47m—$2.4M—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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
$34.43
Price spread: +0.101% → +0.001%
$10.04
Slippage, 4 orders
−$36.66
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$12.2
Costs to cover
0.567%
Break-even
9.5 days
Slippage from Binance: live order book, 7 min ago; BingX: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago1.21 bp14.5 bp −$1527.7 bp −$277310.8 bp −$31.1Kdoesn't fit
Sell BingX live order book, 16 min ago1.20 bp12.9 bp −$1327.6 bp −$276184.0 bp −$18.4K588.0 bp −$294.0K

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 SAND−0.0324%8h0.04142−0.071%$113K$5K—as long as short
Aster SANDUSDT−0.0182%8h0.04147+0.044%$13K$17K10xas long as short
Bybit SANDUSDT−0.0148%8h0.04145+0.005%$3.4M$3.5M75xas long as short
MEXC SAND_USDT−0.0067%8h0.04143−0.044%$11.4M$1.7M200xas long as short
Extended SAND-USD−0.0064%1h0.04144−0.019%$6K$176K10xas long as short
Binance SANDUSDTlong−0.0064%8h0.04145long leg$6.4M$12.4M75x
BloFin SAND-USDT−0.0060%8h0.04145+0.005%$318K$290K75xas long as short
Bitget SANDUSDT−0.0029%8h0.04139−0.140%$1.7M$588K10xas long as short
KuCoin SANDUSDTM−0.0025%8h0.04141−0.092%$2.5M$379K50xas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−0.381%$757$7955.5xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid SAND+0.0100%1h0.04142−0.063%$570K$449K5xas long as short
OKX SAND-USDT-SWAP+0.0100%8h0.04145+0.005%$1.7M$3.2M50xas long as short
Gate SAND_USDT+0.0100%8h0.04144−0.019%$460K$616K75xas long as short
BingX SAND-USDTshort+0.0100%8h0.04149+0.101%—$2.4M—
Kraken Futures PF_SANDUSD+0.0433%1h0.04144−0.031%$154K$118K25xas long as short