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

SAND

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0108%/8h= −11.8% APRpaid last 24h −0.033%
Price spread now: Extended against BingX+0.053%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$530.529% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.188%−$19 on $10k
Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.053%, 7d avg −0.044%
Together, before fees−0.295%+ Points / potential airdropExtended: Active · farm board−$29 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.096% dearer against BingX than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of −0.044%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SAND-USDT0.041640.0100pay 0.0100% / 8h1h 18m$2.4M
ShortExtended SAND-USD0.04166−0.0008pay 0.0001% / 1h18m 11s$3K$194K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BingX. 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
−$22.68
Price spread: +0.053% → −0.044%
$9.65
Slippage, 4 orders
−$37.95
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$65.98
Costs to cover
0.529%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; Extended: live order book, 63 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 BingX live order book, 6 min ago3.59 bp13.5 bp −$1323.7 bp −$237184.7 bp −$18.5Kdoesn't fit
Sell Extended live order book, 63 min ago3.47 bp14.3 bp −$1478.3 bp −$783doesn't fitdoesn't fit

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−0.0308%1h0.04161−0.067%$573K$446K5xas long as short
Variational Omni SAND−0.0202%8h0.04174+0.240%$114K$4Kas long as short
Aster SANDUSDT−0.0112%8h0.04163−0.013%$14K$18K10xas long as short
Kraken Futures PF_SANDUSD−0.0080%1h0.04173+0.220%$154K$99K25xas long as short
Bitget SANDUSDT−0.0054%8h0.041640.000%$1.7M$542K10xas long as short
KuCoin SANDUSDTM−0.0050%8h0.04166+0.048%$2.6M$380K50xas long as short
BloFin SAND-USDT−0.0035%8h0.04167+0.072%$322K$292K75xas long as short
Binance SANDUSDT−0.0008%8h0.04165+0.024%$6.5M$12.4M75xas long as short
Extended SAND-USDshort−0.0008%1h0.04166+0.053%$3K$194K10x
MEXC SAND_USDT−0.0008%8h0.04166+0.048%$11.7M$1.7M200xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SAND/USDC PERP+0.0033%1h0.04129−0.841%$757$7955.5xas long as short
Bybit SANDUSDT+0.0100%8h0.04161−0.072%$3.4M$3.3M75xas long as short
OKX SAND-USDT-SWAP+0.0100%8h0.04166+0.048%$1.8M$3.3M50xas long as short
Gate SAND_USDT+0.0100%8h0.04168+0.096%$463K$570K75xas long as short
BingX SAND-USDTlong+0.0100%8h0.04164long leg$2.4M