Funding you earn now, next payment 08:00 UTC−0.0115%/8h= −12.6% APRnext payment −$1.15 per $10,000 · paid last 24h −0.075%
Price spread now: Variational Omni against Binance−0.001%7-day average −0.030% · 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)−0.225%−$23 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.001%, 7d avg −0.030%
=Together, before fees−0.210%+ Points / potential airdropVariational Omni: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.030% dearer against Binance than usual: you sell high and buy low (spread −0.001% now, against its 7-day average of −0.030%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SANDUSDT | 0.04174 | −0.0250 | get 0.0250% / 8h | 2h 34m | $6.7M | $12.7M | 75x |
| Short | Variational Omni SAND | 0.04174 | −0.0365 | pay 0.0365% / 8h | 2h 34m | $114K | $4K | — |
Binance SANDUSDT
Variational Omni SANDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Binance. 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
- −$24.16
- Price spread: −0.001% → −0.030%
- $2.96
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$31.2
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 5 min ago; Variational Omni: RFQ quote, 14 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 Binance live order book, 5 min ago | 1.20 bp | 13.0 bp −$13 | 26.8 bp −$268 | 332.7 bp −$33.3K | doesn't fit |
| Sell Variational Omni RFQ quote, 14 min ago | 5.95 bp | doesn't fit | 22.6 bp −$226 | doesn't fit | doesn't fit |
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 | −0.0433% | 1h | 0.04174 | −0.004% | $578K | $325K | 5x | as long as short |
| Variational Omni SANDshort | −0.0365% | 8h | 0.04174 | −0.001% | $114K | $4K | — | |
| Aster SANDUSDT | −0.0338% | 8h | 0.04181 | +0.147% | $14K | $16K | 10x | as long as short |
| BloFin SAND-USDT | −0.0251% | 8h | 0.04188 | +0.326% | $331K | $138K | 75x | as long as short |
| Binance SANDUSDTlong | −0.0250% | 8h | 0.04174 | long leg | $6.7M | $12.7M | 75x | |
| MEXC SAND_USDT | −0.0250% | 8h | 0.04172 | −0.057% | $11.4M | $1.9M | 200x | as long as short |
| Extended SAND-USD | −0.0248% | 1h | 0.04186 | +0.274% | $3K | $225K | 10x | as long as short |
| Bitget SANDUSDT | −0.0227% | 8h | 0.04174 | −0.009% | $1.7M | $555K | 10x | as long as short |
| OKX SAND-USDT-SWAP | −0.0158% | 8h | 0.04171 | −0.081% | $1.7M | $3.1M | 50x | as long as short |
| KuCoin SANDUSDTM | −0.0156% | 8h | 0.04175 | +0.015% | $2.6M | $352K | 50x | as long as short |
Hyperliquid SAND
Aster SANDUSDT
BloFin SAND-USDT
MEXC SAND_USDT
Extended SAND-USD
Bitget SANDUSDT
OKX SAND-USDT-SWAP
KuCoin SANDUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SAND-USDT | −0.0033% | 8h | 0.04187 | +0.302% | — | $2.4M | — | as long as short |
| Bybit SANDUSDT | −0.0032% | 8h | 0.04179 | +0.111% | $3.4M | $3.6M | 75x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.087% | $757 | $795 | 5.5x | as long as short |
| Gate SAND_USDT | +0.0039% | 8h | 0.04183 | +0.207% | $471K | $652K | 75x | as long as short |
| Kraken Futures PF_SANDUSD | +0.0111% | 1h | 0.04197 | +0.538% | $157K | $104K | 25x | as long as short |
BingX SAND-USDT
Bybit SANDUSDT
Injective SAND/USDC PERP
Gate SAND_USDT
Kraken Futures PF_SANDUSD