Funding you earn now, next payment 00:00 UTC+0.0107%/8h= +11.7% APRnext payment +$1.07 per $10,000 · paid last 24h +0.023%
Price spread now: Gate against Bitget+0.096%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1031.029% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now +0.096%, 7d avg +0.084%
=The price spread sits at its 7-day average of +0.084%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.082%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SANDUSDT | 0.04188 | −0.0007 | get 0.0007% / 8h | 51m 38s | $1.7M | $542K | 10x |
| Short | Gate SAND_USDT | 0.04192 | 0.0100 | get 0.0100% / 8h | 51m 38s | $466K | $553K | 75x |
Bitget SANDUSDT
Gate SAND_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $22.47
- Price spread: +0.096% → +0.084%
- $1.1
- Slippage, 4 orders
- −$75.86
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$79.28
- Costs to cover
- 1.029%
- Break-even
- 31.7 days
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 24 min ago.
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 Bitget live order book, 5 min ago | 3.58 bp | 14.9 bp −$15 | 23.3 bp −$233 | doesn't fit | doesn't fit |
| Sell Gate live order book, 24 min ago | 2.40 bp | 32.8 bp −$33 | doesn't fit | 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 | −0.0291% | 1h | 0.04191 | +0.069% | $577K | $449K | 5x | as long as short |
| Variational Omni SAND | −0.0170% | 8h | 0.04187 | −0.014% | $114K | $4K | — | as long as short |
| Kraken Futures PF_SANDUSD | −0.0139% | 1h | 0.04193 | +0.126% | $154K | $105K | 25x | as long as short |
| Aster SANDUSDT | −0.0063% | 8h | 0.04193 | +0.115% | $14K | $18K | 10x | as long as short |
| Bitget SANDUSDTlong | −0.0007% | 8h | 0.04188 | long leg | $1.7M | $542K | 10x | |
| KuCoin SANDUSDTM | +0.0001% | 8h | 0.04187 | −0.024% | $2.6M | $383K | 50x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.409% | $757 | $795 | 5.5x | as long as short |
| Extended SAND-USD | +0.0040% | 1h | 0.04192 | +0.099% | $3K | $194K | 10x | as long as short |
| MEXC SAND_USDT | +0.0041% | 8h | 0.04193 | +0.119% | $11.7M | $1.7M | 200x | as long as short |
| Binance SANDUSDT | +0.0042% | 8h | 0.04193 | +0.119% | $6.6M | $12.4M | 75x | as long as short |
Hyperliquid SAND
Variational Omni SAND
Kraken Futures PF_SANDUSD
Aster SANDUSDT
KuCoin SANDUSDTM
Injective SAND/USDC PERP
Extended SAND-USD
MEXC SAND_USDT
Binance SANDUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAND-USDT | +0.0066% | 8h | 0.04191 | +0.072% | $322K | $294K | 75x | as long as short |
| Bybit SANDUSDT | +0.0100% | 8h | 0.04190 | +0.048% | $3.4M | $3.3M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04193 | +0.119% | $1.8M | $3.4M | 50x | as long as short |
| Gate SAND_USDTshort | +0.0100% | 8h | 0.04192 | +0.096% | $466K | $553K | 75x | |
| BingX SAND-USDT | +0.0100% | 8h | 0.04195 | +0.167% | — | $2.4M | — | as long as short |
BloFin SAND-USDT
Bybit SANDUSDT
OKX SAND-USDT-SWAP
BingX SAND-USDT