SAND

Alert

Funding spread now, next payment 00:00 UTC+0.0311%/8h

next payment, per $10,000+$3.11paid, last 24h+0.013%paid, last 7 days+0.012%to open and close $10k−$67

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.012% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.11 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SANDUSDT	0.04153	−0.0211	get 0.0211% / 8h	6h 53m	$3.3M	$3.2M	75x
Short	OKX SAND-USDT-SWAP	0.04157	0.0100	get 0.0100% / 8h	6h 53m	$1.8M	$3.2M	50x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee OKXbpOrdersRate

Funding earned: $65.31
Slippage, 4 orders: −$45.85
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$1.53
Break-even: 7.2 days

Slippage from Bybit: live order book, 6 min ago; OKX: live order book, 1 min ago.

Price risk

price view

Price gap now: +0.096%
Avg gap 7d: +0.028%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Bybit live order book, 6 min ago	2.40 bp	15.0 bp −$15	38.6 bp −$386	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	2.41 bp	19.3 bp −$19	72.9 bp −$729	doesn't fit	doesn't fit

SAND on 15 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni SAND	−0.0443%	8h	$113K	$5K	—	as long as short
Bitget SANDUSDT	−0.0345%	8h	$1.7M	$556K	10x	as long as short
Bybit SANDUSDTlong	−0.0211%	8h	$3.3M	$3.2M	75x
Gate SAND_USDT	−0.0146%	8h	$452K	$560K	75x	as long as short
Binance SANDUSDT	−0.0121%	8h	$6.4M	$12.4M	75x	as long as short
Extended SAND-USD	−0.0120%	1h	$3K	$194K	10x	as long as short
MEXC SAND_USDT	−0.0120%	8h	$10.9M	$1.3M	200x	as long as short
BloFin SAND-USDT	−0.0001%	8h	$328K	$296K	75x	as long as short
Injective SAND/USDC PERP	+0.0033%	1h	$757	$29K	5.5x	as long as short
Aster SANDUSDT	+0.0039%	8h	$14K	$27K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin SANDUSDTM	+0.0053%	8h	$2.6M	$378K	50x	as long as short
Kraken Futures PF_SANDUSD	+0.0080%	1h	$152K	$99K	25x	as long as short
Hyperliquid SAND	+0.0100%	1h	$574K	$428K	5x	as long as short
OKX SAND-USDT-SWAPshort	+0.0100%	8h	$1.8M	$3.2M	50x
BingX SAND-USDT	+0.0100%	8h	—	$2.4M	—	as long as short