SAND

Alert

Funding spread now, next payment 17:00 UTC+0.0221%/8h

paid, last 24h−0.016%paid, last 7 days−0.023%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.023% in total (about -1.2% a year). A funding rate is set anew for every payment. 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	Gate SAND_USDT	0.04186	−0.0121	get 0.0121% / 8h	7h 33m	$448K	$552K	75x
Short	Hyperliquid SAND	0.04180	0.0100	get 0.0013% / 1h	33m 21s	$579K	$424K	5x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee HyperliquidbpOrdersRate

Funding earned: $46.41
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $22.41
Break-even: 3.6 days

Slippage unknown: Gate: live order book, 9 min ago; Hyperliquid: live order book, 48 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.136%
Avg gap 7d: −0.053%

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 Gate live order book, 9 min ago	2.38 bp	33.8 bp −$34	339.6 bp −$3,396	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 48 min ago	3.00 bp	21.0 bp −$21	doesn't fit	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	−0.0421%	8h	$114K	$5K	—	as long as short
Bitget SANDUSDT	−0.0334%	8h	$1.7M	$558K	10x	as long as short
Kraken Futures PF_SANDUSD	−0.0251%	1h	$153K	$112K	25x	as long as short
Bybit SANDUSDT	−0.0163%	8h	$3.3M	$3.2M	75x	as long as short
Gate SAND_USDTlong	−0.0121%	8h	$448K	$552K	75x
Binance SANDUSDT	−0.0115%	8h	$6.5M	$12.6M	75x	as long as short
MEXC SAND_USDT	−0.0115%	8h	$11.1M	$1.6M	200x	as long as short
Extended SAND-USD	−0.0112%	1h	$3K	$194K	10x	as long as short
BloFin SAND-USDT	+0.0008%	8h	$329K	$239K	75x	as long as short
Injective SAND/USDC PERP	+0.0033%	1h	$757	$29K	5.5x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin SANDUSDTM	+0.0085%	8h	$2.6M	$372K	50x	as long as short
Aster SANDUSDT	+0.0086%	8h	$14K	$28K	10x	as long as short
Hyperliquid SANDshort	+0.0100%	1h	$579K	$424K	5x
OKX SAND-USDT-SWAP	+0.0100%	8h	$1.8M	$3.2M	50x	as long as short
BingX SAND-USDT	+0.0100%	8h	—	$2.4M	—	as long as short