Funding you earn now, next payment 00:00 UTC−0.0301%/8h= −33.0% APRnext payment −$3.01 per $10,000 · paid last 24h −0.097%
Price spread now: Variational Omni against BingX−0.120%7-day average −0.035% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.255%−$26 on $10k
+Price spread, last 3 days (all we have)+0.084%+$8 · spread now −0.120%, 7d avg −0.035%
=Together, before fees−0.171%+ Points / potential airdropVariational Omni: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Variational Omni is 0.086% cheaper against BingX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.035%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SAND-USDT | 0.04170 | 0.0100 | pay 0.0100% / 8h | 1h 27m | — | $2.4M | — |
| Short | Variational Omni SAND | 0.04165 | −0.0201 | pay 0.0201% / 8h | 1h 27m | $114K | $4K | — |
BingX SAND-USDT
Variational Omni SANDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BingX. 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
- −$63.22
- Price spread: −0.120% → −0.035%
- −$8.56
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$81.78
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 6 min ago; Variational Omni: RFQ quote, 56 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 BingX live order book, 6 min ago | 3.60 bp | 12.9 bp −$13 | 25.1 bp −$251 | 184.1 bp −$18.4K | 715.8 bp −$357.9K |
| Sell Variational Omni RFQ quote, 56 min ago | 4.79 bp | doesn't fit | 38.3 bp −$383 | 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 | −0.0350% | 1h | 0.04166 | −0.103% | $573K | $445K | 5x | as long as short |
| Variational Omni SANDshort | −0.0201% | 8h | 0.04165 | −0.120% | $114K | $4K | — | |
| Aster SANDUSDT | −0.0112% | 8h | 0.04173 | +0.072% | $14K | $18K | 10x | as long as short |
| Kraken Futures PF_SANDUSD | −0.0080% | 1h | 0.04171 | +0.019% | $154K | $99K | 25x | as long as short |
| Bitget SANDUSDT | −0.0056% | 8h | 0.04165 | −0.120% | $1.7M | $546K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0047% | 8h | 0.04170 | 0.000% | $2.6M | $373K | 50x | as long as short |
| BloFin SAND-USDT | −0.0037% | 8h | 0.04170 | 0.000% | $324K | $292K | 75x | as long as short |
| Extended SAND-USD | −0.0016% | 1h | 0.04171 | +0.035% | $3K | $194K | 10x | as long as short |
| Binance SANDUSDT | −0.0015% | 8h | 0.04170 | +0.001% | $6.6M | $12.4M | 75x | as long as short |
| MEXC SAND_USDT | −0.0014% | 8h | 0.04170 | 0.000% | $11.7M | $1.7M | 200x | as long as short |
Hyperliquid SAND
Aster SANDUSDT
Kraken Futures PF_SANDUSD
Bitget SANDUSDT
KuCoin SANDUSDTM
BloFin SAND-USDT
Extended SAND-USD
Binance SANDUSDT
MEXC SAND_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.983% | $757 | $795 | 5.5x | as long as short |
| Bybit SANDUSDT | +0.0100% | 8h | 0.04170 | 0.000% | $3.4M | $3.3M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04168 | −0.048% | $1.8M | $3.3M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04173 | +0.072% | $464K | $570K | 75x | as long as short |
| BingX SAND-USDTlong | +0.0100% | 8h | 0.04170 | long leg | — | $2.4M | — |
Injective SAND/USDC PERP
Bybit SANDUSDT
OKX SAND-USDT-SWAP
Gate SAND_USDT