Funding you earn now, next payment 08:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.94 per $10,000 · paid last 24h +0.003%
Price spread now: Gate against BloFin+0.241%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$900.905% of the position
Funding, last 7 days−0.139%−$14 on $10k
+Price spread, last 4 days (all we have)−0.125%−$12 · spread now +0.241%, 7d avg +0.032%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Gate is 0.209% dearer against BloFin than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.032%. Mind the row above: over the last 7 days funding on this pair cost −0.139%, 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 | BloFin SAND-USDT | 0.04153 | −0.0134 | get 0.0134% / 8h | 4h 18m | $324K | $199K | 75x |
| Short | Gate SAND_USDT | 0.04163 | −0.0040 | pay 0.0040% / 8h | 4h 18m | $466K | $632K | 75x |
BloFin SAND-USDT
Gate SAND_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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
- $19.76
- Price spread: +0.241% → +0.032%
- $20.91
- Slippage, 4 orders
- −$63.48
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$49.81
- Costs to cover
- 0.905%
- Break-even
- 24.7 days
Slippage from BloFin: live order book, 16 min ago; Gate: live order book, 37 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 BloFin live order book, 16 min ago | 1.21 bp | 9.5 bp −$10 | 15.7 bp −$157 | 98.5 bp −$9,847 | doesn't fit |
| Sell Gate live order book, 37 min ago | 4.84 bp | 27.5 bp −$27 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAND | −0.0328% | 8h | 0.04155 | +0.054% | $114K | $4K | — | as long as short |
| Aster SANDUSDT | −0.0238% | 8h | 0.04161 | +0.194% | $14K | $16K | 10x | as long as short |
| Hyperliquid SAND | −0.0186% | 1h | 0.04154 | +0.012% | $572K | $326K | 5x | as long as short |
| MEXC SAND_USDT | −0.0145% | 8h | 0.04159 | +0.144% | $11.9M | $1.8M | 200x | as long as short |
| Extended SAND-USD | −0.0144% | 1h | 0.04158 | +0.120% | $6K | $178K | 10x | as long as short |
| Binance SANDUSDT | −0.0143% | 8h | 0.04160 | +0.169% | $6.6M | $12.4M | 75x | as long as short |
| BloFin SAND-USDTlong | −0.0134% | 8h | 0.04153 | long leg | $324K | $199K | 75x | |
| Bitget SANDUSDT | −0.0101% | 8h | 0.04154 | +0.024% | $1.7M | $549K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0069% | 8h | 0.04155 | +0.048% | $2.5M | $367K | 50x | as long as short |
| Gate SAND_USDTshort | −0.0040% | 8h | 0.04163 | +0.241% | $466K | $632K | 75x |
Variational Omni SAND
Aster SANDUSDT
Hyperliquid SAND
MEXC SAND_USDT
Extended SAND-USD
Binance SANDUSDT
Bitget SANDUSDT
KuCoin SANDUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SAND-USDT-SWAP | −0.0016% | 8h | 0.04159 | +0.144% | $1.7M | $3.2M | 50x | as long as short |
| BingX SAND-USDT | +0.0015% | 8h | 0.04158 | +0.120% | — | $2.4M | — | as long as short |
| Bybit SANDUSDT | +0.0026% | 8h | 0.04163 | +0.241% | $3.4M | $3.5M | 75x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.578% | $757 | $795 | 5.5x | as long as short |
| Kraken Futures PF_SANDUSD | +0.0497% | 1h | 0.04160 | +0.164% | $155K | $106K | 25x | as long as short |
OKX SAND-USDT-SWAP
BingX SAND-USDT
Bybit SANDUSDT
Injective SAND/USDC PERP
Kraken Futures PF_SANDUSD