Funding you earn now, next payment 21:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h −0.002%
Price spread now: MEXC against Extended+0.030%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$380.384% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.030%, 7d avg +0.032%
=Together, before fees−0.015%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAND-USD | 0.04185 | −0.0008 | get 0.0001% / 1h | 32m 37s | $3K | $194K | 10x |
| Short | MEXC SAND_USDT | 0.04186 | −0.0010 | pay 0.0010% / 8h | 3h 32m | $11.9M | $1.7M | 200x |
Extended SAND-USD
MEXC SAND_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Extended. 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
- −$0.42
- Price spread: +0.030% → +0.032%
- −$0.2
- Slippage, 4 orders
- −$29.35
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$38.98
- Costs to cover
- 0.384%
- Break-even
- never at this rate
Slippage from Extended: live order book, 14 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 Extended live order book, 14 min ago | 2.05 bp | 12.3 bp −$12 | 80.6 bp −$806 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.20 bp | 6.8 bp −$7 | 16.1 bp −$161 | 68.0 bp −$6,803 | 164.1 bp −$82.0K |
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 | −0.0217% | 8h | 0.04171 | −0.339% | $114K | $5K | — | as long as short |
| Hyperliquid SAND | −0.0198% | 1h | 0.04185 | −0.003% | $580K | $437K | 5x | as long as short |
| Bitget SANDUSDT | −0.0178% | 8h | 0.04183 | −0.042% | $1.7M | $547K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0075% | 8h | 0.04180 | −0.113% | $2.6M | $341K | 50x | as long as short |
| Aster SANDUSDT | −0.0041% | 8h | 0.04183 | −0.034% | $14K | $18K | 10x | as long as short |
| BloFin SAND-USDT | −0.0022% | 8h | 0.04177 | −0.185% | $320K | $293K | 75x | as long as short |
| Binance SANDUSDT | −0.0010% | 8h | 0.04183 | −0.039% | $6.5M | $12.3M | 75x | as long as short |
| MEXC SAND_USDTshort | −0.0010% | 8h | 0.04186 | +0.030% | $11.9M | $1.7M | 200x | |
| Extended SAND-USDlong | −0.0008% | 1h | 0.04185 | long leg | $3K | $194K | 10x | |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.332% | $757 | $795 | 5.5x | as long as short |
Variational Omni SAND
Hyperliquid SAND
Bitget SANDUSDT
KuCoin SANDUSDTM
Aster SANDUSDT
BloFin SAND-USDT
Binance SANDUSDT
Injective SAND/USDC PERPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SANDUSDT | +0.0100% | 8h | 0.04182 | −0.065% | $3.3M | $3.2M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04186 | +0.030% | $1.8M | $3.3M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04186 | +0.030% | $465K | $584K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04183 | −0.042% | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.0542% | 1h | 0.04184 | −0.026% | $156K | $93K | 25x | as long as short |
Bybit SANDUSDT
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT
Kraken Futures PF_SANDUSD