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

SAND

all SAND markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC+0.0069%/8h= +7.6% APRnext payment +$0.69 per $10,000 · paid last 24h −0.029%
Price spread now: MEXC against Bybit−0.048%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$440.436% of the position
Long on BybitShort on MEXC
What this pair did over the last
the charts below follow
Funding, last 7 days−0.076%−$8 on $10k
Price spread, last 7 days+0.077%+$8 · spread now −0.048%, 7d avg +0.014%
Together, before fees0.000%$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.062% cheaper against Bybit than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of +0.014%). If the spread goes back, that is −$6 on $10k: about 3.0 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SANDUSDT0.04154−0.0087get 0.0087% / 8h7h 50m$3.4M$3.3M75x
ShortMEXC SAND_USDT0.04152−0.0018pay 0.0018% / 8h7h 50m$11.6M$1.7M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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
$14.55
Price spread: −0.048% → +0.014%
−$6.17
Slippage, 4 orders
−$28.64
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$35.26
Costs to cover
0.436%
Break-even
24.0 days
Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago1.20 bp12.3 bp −$1234.8 bp −$348doesn't fitdoesn't fit
Sell MEXC live order book, 7 min ago1.20 bp5.5 bp −$519.1 bp −$19198.0 bp −$9,804139.0 bp −$69.5K

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
Kraken Futures PF_SANDUSD−0.0766%1h0.04159+0.126%$153K$113K25xas long as short
Variational Omni SAND−0.0237%8h0.04153−0.028%$114K$5K—as long as short
Aster SANDUSDT−0.0126%8h0.04153−0.034%$13K$17K10xas long as short
Bybit SANDUSDTlong−0.0087%8h0.04154long leg$3.4M$3.3M75x
BloFin SAND-USDT−0.0046%8h0.04152−0.048%$321K$290K75xas long as short
Bitget SANDUSDT−0.0044%8h0.04150−0.096%$1.8M$554K10xas long as short
KuCoin SANDUSDTM−0.0043%8h0.04150−0.096%$2.5M$372K50xas long as short
Binance SANDUSDT−0.0018%8h0.04152−0.051%$6.5M$12.2M75xas long as short
MEXC SAND_USDTshort−0.0018%8h0.04152−0.048%$11.6M$1.7M200x
Extended SAND-USD−0.0016%1h0.04152−0.047%$5K$198K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SAND/USDC PERP+0.0033%1h0.04129−0.602%$757$7955.5xas long as short
Hyperliquid SAND+0.0047%1h0.04150−0.096%$571K$453K5xas long as short
OKX SAND-USDT-SWAP+0.0100%8h0.04152−0.048%$1.7M$3.2M50xas long as short
Gate SAND_USDT+0.0100%8h0.04156+0.048%$462K$548K75xas long as short
BingX SAND-USDT+0.0100%8h0.041540.000%—$2.4M—as long as short