SAND

Alert

Funding spread now, next payment 00:00 UTC−0.0438%/8h

next payment, per $10,000−$4.38paid, last 24h−0.043%paid, last 7 days−0.046%to open and close $10k−$69

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.046% in total (about -2.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX SAND-USDT	0.04184	0.0100	pay 0.0100% / 8h	7h 28m	—	$2.4M	—
Short	Bitget SANDUSDT	0.04179	−0.0338	pay 0.0338% / 8h	7h 28m	$1.7M	$558K	10x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee BitgetbpOrdersRate

Funding earned: −$91.98
Slippage, 4 orders: −$46.66
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$160.64
Break-even: never at this rate

Slippage from BingX: live order book, 12 min ago; Bitget: live order book, 5 min ago.

Price risk

price view

Price gap now: −0.120%
Avg gap 7d: −0.058%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 BingX live order book, 12 min ago	3.58 bp	17.6 bp −$18	26.8 bp −$268	138.2 bp −$13.8K	doesn't fit
Sell Bitget live order book, 5 min ago	2.39 bp	20.9 bp −$21	34.4 bp −$344	doesn't fit	doesn't fit

SAND on 15 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni SAND	−0.0430%	8h	$114K	$5K	—	as long as short
Bitget SANDUSDTshort	−0.0338%	8h	$1.7M	$558K	10x
Kraken Futures PF_SANDUSD	−0.0251%	1h	$153K	$111K	25x	as long as short
Bybit SANDUSDT	−0.0121%	8h	$3.3M	$3.2M	75x	as long as short
Binance SANDUSDT	−0.0114%	8h	$6.5M	$12.6M	75x	as long as short
Extended SAND-USD	−0.0112%	1h	$3K	$194K	10x	as long as short
MEXC SAND_USDT	−0.0112%	8h	$11.1M	$1.6M	200x	as long as short
Gate SAND_USDT	−0.0044%	8h	$447K	$553K	75x	as long as short
BloFin SAND-USDT	+0.0007%	8h	$328K	$238K	75x	as long as short
Injective SAND/USDC PERP	+0.0033%	1h	$757	$29K	5.5x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin SANDUSDTM	+0.0084%	8h	$2.6M	$373K	50x	as long as short
Aster SANDUSDT	+0.0086%	8h	$14K	$28K	10x	as long as short
Hyperliquid SAND	+0.0100%	1h	$579K	$425K	5x	as long as short
OKX SAND-USDT-SWAP	+0.0100%	8h	$1.8M	$3.2M	50x	as long as short
BingX SAND-USDTlong	+0.0100%	8h	—	$2.4M	—