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

SAND

all SAND markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0276%/8h= −30.2% APRnext payment $2.76 per $10,000 · paid last 24h −0.097%
Price spread now: Variational Omni against BloFin+0.100%116s7-day average −0.032% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.321%−$32 on $10k
Price spread, last 4 days (all we have)−0.158%−$16 · spread now +0.100%, 7d avg −0.032%
Together, before fees−0.478%+ Points / potential airdropVariational Omni: Active · farm board−$48 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.132% dearer against BloFin than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of −0.032%): +$13 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 38 hours. The two prices were read 116 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SAND-USDT0.04172−0.0076get 0.0076% / 8h5h 07m$320K$218K75x
ShortVariational Omni SAND0.04176−0.0351pay 0.0351% / 8h5h 07m$114K$4K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. 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
−$57.91
Price spread: +0.100% → −0.032%
$13.24
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$56.66
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: BloFin: live order book, 32 min ago; Variational Omni: RFQ quote, 57 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 32 min ago1.20 bp12.0 bp −$1219.1 bp −$19199.7 bp −$9,969doesn't fit
Sell Variational Omni RFQ quote, 57 min ago6.02 bpdoesn't fit25.3 bp −$253doesn'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
Variational Omni SANDshort−0.0351%8h0.04176+0.100%$114K$4K
Hyperliquid SAND−0.0294%1h0.04160−0.280%$576K$325K5xas long as short
Aster SANDUSDT−0.0191%8h0.04165−0.170%$14K$16K10xas long as short
Gate SAND_USDT−0.0138%8h0.04164−0.192%$476K$641K75xas long as short
Extended SAND-USD−0.0088%1h0.04161−0.266%$7K$173K10xas long as short
Binance SANDUSDT−0.0087%8h0.04162−0.240%$6.4M$11.8M75xas long as short
MEXC SAND_USDT−0.0086%8h0.04162−0.240%$11.5M$1.7M200xas long as short
Bitget SANDUSDT−0.0080%8h0.04166−0.144%$1.7M$548K10xas long as short
BloFin SAND-USDTlong−0.0076%8h0.04172long leg$320K$218K75x
KuCoin SANDUSDTM−0.0058%8h0.04160−0.288%$2.5M$371K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SANDUSDT−0.0030%8h0.04160−0.288%$3.4M$3.4M75xas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−1.031%$757$7955.5xas long as short
OKX SAND-USDT-SWAP+0.0045%8h0.04160−0.288%$1.7M$3.1M50xas long as short
BingX SAND-USDT+0.0065%8h0.04160−0.288%$2.4Mas long as short
Kraken Futures PF_SANDUSD+0.0240%1h0.04165−0.162%$155K$107K25xas long as short