Funding you earn now, next payment 05:00 UTC+0.0006%/8h= +0.7% APRpaid last 24h +0.062%
Price spread now: Injective against Gate−1.737%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 1.737% cheaper against Gate than usual: you would sell low and buy high, −$174 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SAND_USDT | 0.04202 | 0.0027 | pay 0.0027% / 8h | 3h 28m | $478K | $648K | 75x |
| Short | Injective SAND/USDC PERP | 0.04129 | 0.0033 | get 0.0004% / 1h | 28m 46s | $757 | $795 | 5.5x |
Gate SAND_USDT
Injective SAND/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Gate. 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
- $1.33
- Price spread: −1.737% → 0.000%
- −$173.73
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$187.42
- Costs to cover
- 0.150%
- Break-even
- 993.4 days
Slippage unknown: Gate: live order book, 23 min ago; Injective: no order-book sample. 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 Gate live order book, 23 min ago | 3.57 bp | 29.2 bp −$29 | 307.8 bp −$3,078 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SANDUSD | −0.1114% | 1h | 0.04208 | +0.140% | $158K | $105K | 25x | as long as short |
| Hyperliquid SAND | −0.0570% | 1h | 0.04198 | −0.102% | $579K | $326K | 5x | as long as short |
| Variational Omni SAND | −0.0370% | 8h | 0.04206 | +0.101% | $115K | $4K | — | as long as short |
| Aster SANDUSDT | −0.0302% | 8h | 0.04206 | +0.084% | $14K | $16K | 10x | as long as short |
| BloFin SAND-USDT | −0.0228% | 8h | 0.04204 | +0.048% | $329K | $203K | 75x | as long as short |
| Extended SAND-USD | −0.0208% | 1h | 0.04198 | −0.101% | $3K | $174K | 10x | as long as short |
| Binance SANDUSDT | −0.0205% | 8h | 0.04201 | −0.024% | $6.7M | $12.4M | 75x | as long as short |
| MEXC SAND_USDT | −0.0205% | 8h | 0.04201 | −0.024% | $11.7M | $1.9M | 200x | as long as short |
| Bitget SANDUSDT | −0.0200% | 8h | 0.04196 | −0.143% | $1.7M | $550K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0121% | 8h | 0.04199 | −0.071% | $2.6M | $351K | 50x | as long as short |
Kraken Futures PF_SANDUSD
Hyperliquid SAND
Variational Omni SAND
Aster SANDUSDT
BloFin SAND-USDT
Extended SAND-USD
Binance SANDUSDT
MEXC SAND_USDT
Bitget SANDUSDT
KuCoin SANDUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SAND-USDT-SWAP | −0.0094% | 8h | 0.04201 | −0.024% | $1.7M | $3.2M | 50x | as long as short |
| Bybit SANDUSDT | −0.0030% | 8h | 0.04200 | −0.048% | $3.5M | $3.6M | 75x | as long as short |
| BingX SAND-USDT | −0.0020% | 8h | 0.04200 | −0.048% | — | $2.4M | — | as long as short |
| Gate SAND_USDTlong | +0.0027% | 8h | 0.04202 | long leg | $478K | $648K | 75x | |
| Injective SAND/USDC PERPshort | +0.0033% | 1h | 0.04129 | −1.737% | $757 | $795 | 5.5x |
OKX SAND-USDT-SWAP
Bybit SANDUSDT
BingX SAND-USDT