Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.043%
Price spread now: BingX against Kraken Futures−0.188%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1411.409% of the position
Funding, last 7 days+0.456%+$46 on $10k
+Price spread, last 4 days (all we have)+0.186%+$19 · spread now −0.188%, 7d avg −0.090%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.099% cheaper against Kraken Futures than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SANDUSD | 0.04227 | −0.0087 | get 0.0011% / 1h | 35m 28s | $160K | $109K | 25x |
| Short | BingX SAND-USDT | 0.04219 | −0.0087 | pay 0.0087% / 8h | 35m 28s | — | $2.4M | — |
Kraken Futures PF_SANDUSD
BingX SAND-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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
- $0
- Price spread: −0.188% → −0.090%
- −$9.86
- Slippage, 4 orders
- −$120.88
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$150.74
- Costs to cover
- 1.409%
- Break-even
- 289113.9 days
Slippage from Kraken Futures: live order book, 2 min ago; BingX: live order book, 13 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 Kraken Futures live order book, 2 min ago | 31.93 bp | 58.8 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 4.73 bp | 18.3 bp −$18 | 30.0 bp −$300 | 154.9 bp −$15.5K | 635.2 bp −$317.6K |
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 | −0.1043% | 1h | 0.04215 | −0.283% | $583K | $331K | 5x | as long as short |
| Aster SANDUSDT | −0.0497% | 8h | 0.04221 | −0.131% | $14K | $16K | 10x | as long as short |
| Variational Omni SAND | −0.0449% | 8h | 0.04215 | −0.291% | $115K | $4K | — | as long as short |
| Binance SANDUSDT | −0.0417% | 8h | 0.04218 | −0.208% | $6.8M | $13.6M | 75x | as long as short |
| Extended SAND-USD | −0.0416% | 1h | 0.04217 | −0.241% | $3K | $215K | 10x | as long as short |
| MEXC SAND_USDT | −0.0416% | 8h | 0.04218 | −0.212% | $11.3M | $1.9M | 200x | as long as short |
| BloFin SAND-USDT | −0.0385% | 8h | 0.04227 | +0.001% | $331K | $148K | 75x | as long as short |
| KuCoin SANDUSDTM | −0.0357% | 8h | 0.04217 | −0.236% | $2.6M | $402K | 50x | as long as short |
| OKX SAND-USDT-SWAP | −0.0283% | 8h | 0.04218 | −0.212% | $1.7M | $3.3M | 50x | as long as short |
| Bitget SANDUSDT | −0.0260% | 8h | 0.04223 | −0.094% | $1.8M | $548K | 10x | as long as short |
Hyperliquid SAND
Aster SANDUSDT
Variational Omni SAND
Binance SANDUSDT
Extended SAND-USD
MEXC SAND_USDT
BloFin SAND-USDT
KuCoin SANDUSDTM
OKX SAND-USDT-SWAP
Bitget SANDUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SANDUSDT | −0.0126% | 8h | 0.04217 | −0.236% | $3.6M | $4.0M | 75x | as long as short |
| Gate SAND_USDT | −0.0094% | 8h | 0.04217 | −0.236% | $490K | $691K | 75x | as long as short |
| Kraken Futures PF_SANDUSDlong | −0.0087% | 1h | 0.04227 | long leg | $160K | $109K | 25x | |
| BingX SAND-USDTshort | −0.0087% | 8h | 0.04219 | −0.188% | — | $2.4M | — | |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −2.318% | $757 | $795 | 5.5x | as long as short |
Bybit SANDUSDT
Gate SAND_USDT
Injective SAND/USDC PERP