Funding you earn now, next payment 06:00 UTC+0.0107%/8h= +11.8% APRpaid last 24h +0.046%
Price spread now: OKX against Extended+0.052%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$590.587% of the position
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 4 days (all we have)+0.015%+$2 · spread now +0.052%, 7d avg +0.057%
=Together, before fees+0.107%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.057%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAND-USD | 0.04223 | −0.0272 | get 0.0034% / 1h | 2m 10s | $6K | $228K | 10x |
| Short | OKX SAND-USDT-SWAP | 0.04225 | −0.0165 | pay 0.0165% / 8h | 2h 02m | $1.7M | $3.2M | 50x |
Extended SAND-USD
OKX SAND-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $22.55
- Price spread: +0.052% → +0.057%
- −$0.56
- Slippage, 4 orders
- −$43.69
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$36.71
- Costs to cover
- 0.587%
- Break-even
- 18.4 days
Slippage from Extended: live order book, 44 min ago; OKX: live order book, 5 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, 44 min ago | 2.39 bp | 12.7 bp −$13 | 101.1 bp −$1,011 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.19 bp | 18.5 bp −$18 | 113.5 bp −$1,135 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SAND | −0.0520% | 1h | 0.04222 | −0.031% | $586K | $328K | 5x | as long as short |
| Aster SANDUSDT | −0.0364% | 8h | 0.04223 | +0.013% | $14K | $16K | 10x | as long as short |
| Variational Omni SAND | −0.0356% | 8h | 0.04219 | −0.096% | $115K | $4K | — | as long as short |
| Binance SANDUSDT | −0.0275% | 8h | 0.04225 | +0.052% | $6.8M | $12.9M | 75x | as long as short |
| Extended SAND-USDlong | −0.0272% | 1h | 0.04223 | long leg | $6K | $228K | 10x | |
| MEXC SAND_USDT | −0.0271% | 8h | 0.04225 | +0.052% | $11.4M | $1.9M | 200x | as long as short |
| BloFin SAND-USDT | −0.0246% | 8h | 0.04222 | −0.019% | $327K | $140K | 75x | as long as short |
| Bitget SANDUSDT | −0.0234% | 8h | 0.04230 | +0.170% | $1.7M | $548K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0180% | 8h | 0.04220 | −0.067% | $2.6M | $363K | 50x | as long as short |
| OKX SAND-USDT-SWAPshort | −0.0165% | 8h | 0.04225 | +0.052% | $1.7M | $3.2M | 50x |
Hyperliquid SAND
Aster SANDUSDT
Variational Omni SAND
Binance SANDUSDT
MEXC SAND_USDT
BloFin SAND-USDT
Bitget SANDUSDT
KuCoin SANDUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SANDUSDT | −0.0041% | 8h | 0.04226 | +0.075% | $3.5M | $3.8M | 75x | as long as short |
| BingX SAND-USDT | −0.0029% | 8h | 0.04226 | +0.075% | — | $2.4M | — | as long as short |
| Gate SAND_USDT | −0.0001% | 8h | 0.04225 | +0.052% | $486K | $672K | 75x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −2.222% | $757 | $795 | 5.5x | as long as short |
| Kraken Futures PF_SANDUSD | +0.0110% | 1h | 0.04232 | +0.214% | $159K | $104K | 25x | as long as short |
Bybit SANDUSDT
BingX SAND-USDT
Gate SAND_USDT
Injective SAND/USDC PERP
Kraken Futures PF_SANDUSD