Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.022%
Price spread now: MEXC against BloFin+0.072%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$480.483% of the position
Funding, last 7 days−0.214%−$21 on $10k
+Price spread, last 4 days (all we have)+0.057%+$6 · spread now +0.072%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.072% dearer against BloFin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SAND-USDT | 0.04165 | −0.0066 | get 0.0066% / 8h | 5h 26m | $318K | $244K | 75x |
| Short | MEXC SAND_USDT | 0.04168 | −0.0065 | pay 0.0065% / 8h | 5h 26m | $11.6M | $1.7M | 200x |
BloFin SAND-USDT
MEXC SAND_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0.27
- Price spread: +0.072% → 0.000%
- $7.16
- Slippage, 4 orders
- −$32.31
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$40.88
- Costs to cover
- 0.483%
- Break-even
- 1066.7 days
Slippage from BloFin: live order book, 12 min ago; MEXC: live order book, 1 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, 12 min ago | 1.20 bp | 12.0 bp −$12 | 19.1 bp −$191 | 99.7 bp −$9,969 | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.20 bp | 8.3 bp −$8 | 17.6 bp −$176 | 75.6 bp −$7,557 | 139.7 bp −$69.9K |
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 | −0.0366% | 8h | 0.04170 | +0.112% | $114K | $4K | — | as long as short |
| Hyperliquid SAND | −0.0233% | 1h | 0.04163 | −0.050% | $576K | $345K | 5x | as long as short |
| Aster SANDUSDT | −0.0172% | 8h | 0.04167 | +0.057% | $14K | $16K | 10x | as long as short |
| Bybit SANDUSDT | −0.0071% | 8h | 0.04166 | +0.024% | $3.4M | $3.4M | 75x | as long as short |
| Bitget SANDUSDT | −0.0067% | 8h | 0.04171 | +0.144% | $1.7M | $548K | 10x | as long as short |
| BloFin SAND-USDTlong | −0.0066% | 8h | 0.04165 | long leg | $318K | $244K | 75x | |
| Binance SANDUSDT | −0.0065% | 8h | 0.04166 | +0.026% | $6.4M | $11.9M | 75x | as long as short |
| MEXC SAND_USDTshort | −0.0065% | 8h | 0.04168 | +0.072% | $11.6M | $1.7M | 200x | |
| Extended SAND-USD | −0.0064% | 1h | 0.04167 | +0.045% | $3K | $168K | 10x | as long as short |
| Gate SAND_USDT | −0.0050% | 8h | 0.04167 | +0.048% | $455K | $620K | 75x | as long as short |
Variational Omni SAND
Hyperliquid SAND
Aster SANDUSDT
Bybit SANDUSDT
Bitget SANDUSDT
Binance SANDUSDT
Extended SAND-USD
Gate SAND_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SANDUSDTM | −0.0015% | 8h | 0.04163 | −0.048% | $2.5M | $371K | 50x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.864% | $757 | $795 | 5.5x | as long as short |
| OKX SAND-USDT-SWAP | +0.0083% | 8h | 0.04168 | +0.072% | $1.7M | $3.1M | 50x | as long as short |
| BingX SAND-USDT | +0.0089% | 8h | 0.04167 | +0.048% | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.0240% | 1h | 0.04172 | +0.161% | $155K | $104K | 25x | as long as short |
KuCoin SANDUSDTM
Injective SAND/USDC PERP
OKX SAND-USDT-SWAP
BingX SAND-USDT
Kraken Futures PF_SANDUSD