Funding you earn now, next payment 04:00 UTC−0.0206%/8h= −22.6% APRpaid last 24h −0.062%
Price spread now: Gate against Injective−0.073%84s7-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
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.073% cheaper against Injective than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SAND/USDC PERP | 0.04129 | 0.0033 | pay 0.0004% / 1h | 41m 42s | $757 | $795 | 5.5x |
| Short | Gate SAND_USDT | 0.04126 | −0.0173 | pay 0.0173% / 8h | 4h 41m | $463K | $627K | 75x |
Injective SAND/USDC PERP
Gate SAND_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Injective. 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
- −$43.33
- Price spread: −0.073% → 0.000%
- −$7.27
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$65.62
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Gate: live order book, 15 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 Injective no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 15 min ago | 4.84 bp | 27.5 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAND | −0.0361% | 8h | 0.04120 | −0.212% | $112K | $4K | — | as long as short |
| Aster SANDUSDT | −0.0277% | 8h | 0.04125 | −0.088% | $13K | $16K | 10x | as long as short |
| Gate SAND_USDTshort | −0.0173% | 8h | 0.04126 | −0.073% | $463K | $627K | 75x | |
| Binance SANDUSDT | −0.0169% | 8h | 0.04121 | −0.194% | $6.5M | $12.3M | 75x | as long as short |
| MEXC SAND_USDT | −0.0163% | 8h | 0.04120 | −0.218% | $11.8M | $1.8M | 200x | as long as short |
| Extended SAND-USD | −0.0160% | 1h | 0.04120 | −0.219% | $3K | $173K | 10x | as long as short |
| BloFin SAND-USDT | −0.0133% | 8h | 0.04126 | −0.073% | $322K | $215K | 75x | as long as short |
| Bitget SANDUSDT | −0.0104% | 8h | 0.04123 | −0.145% | $1.7M | $549K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0099% | 8h | 0.04125 | −0.097% | $2.5M | $366K | 50x | as long as short |
| Bybit SANDUSDT | −0.0036% | 8h | 0.04121 | −0.194% | $3.4M | $3.4M | 75x | as long as short |
Variational Omni SAND
Aster SANDUSDT
Binance SANDUSDT
MEXC SAND_USDT
Extended SAND-USD
BloFin SAND-USDT
Bitget SANDUSDT
KuCoin SANDUSDTM
Bybit SANDUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SAND-USDT-SWAP | +0.0005% | 8h | 0.04120 | −0.218% | $1.6M | $3.1M | 50x | as long as short |
| BingX SAND-USDT | +0.0022% | 8h | 0.04126 | −0.073% | — | $2.4M | — | as long as short |
| Injective SAND/USDC PERPlong | +0.0033% | 1h | 0.04129 | long leg | $757 | $795 | 5.5x | |
| Hyperliquid SAND | +0.0078% | 1h | 0.04119 | −0.247% | $567K | $327K | 5x | as long as short |
| Kraken Futures PF_SANDUSD | +0.0502% | 1h | 0.04120 | −0.207% | $154K | $106K | 25x | as long as short |
OKX SAND-USDT-SWAP
BingX SAND-USDT
Hyperliquid SAND
Kraken Futures PF_SANDUSD