Funding you earn now, next payment 00:00 UTC−0.0293%/8h= −32.1% APRnext payment −$2.93 per $10,000 · paid last 24h −0.084%
Price spread now: Variational Omni against Bybit+0.145%7-day average −0.004% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.251%−$25 on $10k
+Price spread, last 3 days (all we have)−0.152%−$15 · spread now +0.145%, 7d avg −0.004%
=Together, before fees−0.403%+ Points / potential airdropVariational Omni: Active · farm board−$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.149% dearer against Bybit than usual: you sell high and buy low (spread +0.145% now, against its 7-day average of −0.004%): +$15 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SANDUSDT | 0.04164 | 0.0051 | pay 0.0051% / 8h | 25m 37s | $3.3M | $3.4M | 75x |
| Short | Variational Omni SAND | 0.04170 | −0.0242 | pay 0.0242% / 8h | 25m 37s | $114K | $4K | — |
Bybit SANDUSDT
Variational Omni SANDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bybit. 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
- −$61.56
- Price spread: +0.145% → −0.004%
- $14.88
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$57.68
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 2 min ago; Variational Omni: RFQ quote, 53 min ago. Net counts fees only.
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, 2 min ago | 2.39 bp | 13.2 bp −$13 | 39.6 bp −$396 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 53 min ago | 6.00 bp | doesn't fit | 25.2 bp −$252 | 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 SANDshort | −0.0242% | 8h | 0.04170 | +0.145% | $114K | $4K | — | |
| Kraken Futures PF_SANDUSD | −0.0140% | 1h | 0.04168 | +0.089% | $153K | $106K | 25x | as long as short |
| Aster SANDUSDT | −0.0101% | 8h | 0.04175 | +0.256% | $14K | $18K | 10x | as long as short |
| Hyperliquid SAND | −0.0039% | 1h | 0.04164 | +0.010% | $574K | $451K | 5x | as long as short |
| Bitget SANDUSDT | −0.0035% | 8h | 0.04167 | +0.072% | $1.7M | $542K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0021% | 8h | 0.04166 | +0.048% | $2.6M | $380K | 50x | as long as short |
| BloFin SAND-USDT | −0.0018% | 8h | 0.04180 | +0.384% | $325K | $293K | 75x | as long as short |
| Binance SANDUSDT | +0.0004% | 8h | 0.04163 | −0.016% | $6.5M | $12.4M | 75x | as long as short |
| MEXC SAND_USDT | +0.0007% | 8h | 0.04165 | +0.024% | $11.7M | $1.7M | 200x | as long as short |
| Extended SAND-USD | +0.0008% | 1h | 0.04164 | +0.006% | $3K | $194K | 10x | as long as short |
Kraken Futures PF_SANDUSD
Aster SANDUSDT
Hyperliquid SAND
Bitget SANDUSDT
KuCoin SANDUSDTM
BloFin SAND-USDT
Binance SANDUSDT
MEXC SAND_USDT
Extended SAND-USDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.841% | $757 | $795 | 5.5x | as long as short |
| Bybit SANDUSDTlong | +0.0051% | 8h | 0.04164 | long leg | $3.3M | $3.4M | 75x | |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04166 | +0.048% | $1.8M | $3.3M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04171 | +0.168% | $472K | $559K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04168 | +0.096% | — | $2.4M | — | as long as short |
Injective SAND/USDC PERP
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT