SAND

Alert

Funding spread now, next payment 15:00 UTC+0.0039%/8h

next payment, per $10,000+$0.05paid, last 24h−0.065%paid, last 4 days−0.042%to open and closeno order book

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	52m 13s	$757	$74K	5.5x
Short	Hyperliquid SAND	0.04146	0.0073	get 0.0009% / 1h	52m 13s	$575K	$353K	5x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee HyperliquidbpOrdersRate

Funding earned: $8.29
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$0.73
Break-even: 7.6 days

Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 49 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.409%
Avg gap 7d: —

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 Injective no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 49 min ago	1.31 bp	doesn't fit	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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni SAND	−0.0210%	8h	$114K	$5K	—	as long as short
Binance SANDUSDT	−0.0113%	8h	$6.4M	$12.4M	75x	as long as short
MEXC SAND_USDT	−0.0113%	8h	$11.2M	$1.6M	200x	as long as short
Extended SAND-USD	−0.0112%	1h	$3K	$194K	10x	as long as short
Aster SANDUSDT	−0.0103%	8h	$13K	$29K	10x	as long as short
Bitget SANDUSDT	−0.0040%	8h	$1.7M	$516K	10x	as long as short
Gate SAND_USDT	−0.0007%	8h	$443K	$539K	75x	as long as short
BloFin SAND-USDT	+0.0007%	8h	$327K	$237K	75x	as long as short
Injective SAND/USDC PERPlong	+0.0033%	1h	$757	$74K	5.5x
Hyperliquid SANDshort	+0.0073%	1h	$575K	$353K	5x

Show all 15 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bybit SANDUSDT	+0.0100%	8h	$3.3M	$3.0M	75x	as long as short
OKX SAND-USDT-SWAP	+0.0100%	8h	$1.8M	$3.1M	50x	as long as short
KuCoin SANDUSDTM	+0.0100%	8h	$2.7M	$233K	50x	as long as short
BingX SAND-USDT	+0.0100%	8h	—	$2.5M	—	as long as short
Kraken Futures PF_SANDUSD	+0.0365%	1h	$153K	$113K	25x	as long as short