Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.06 per $10,000 · paid last 24h −0.043%
Price spread now: Bitget against KuCoin+0.216%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1591.593% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 7 days−0.183%−$18 · spread now +0.216%, 7d avg −0.047%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.263% dearer against KuCoin than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SANDUSDTM | 0.04171 | −0.0042 | get 0.0042% / 8h | 7h 03m | $2.6M | $373K | 50x |
| Short | Bitget SANDUSDT | 0.04180 | −0.0048 | pay 0.0048% / 8h | 7h 03m | $1.7M | $575K | 10x |
KuCoin SANDUSDTM
Bitget SANDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- −$1.26
- Price spread: +0.216% → −0.047%
- $26.31
- Slippage, 4 orders
- −$135.26
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$134.21
- Costs to cover
- 1.593%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bitget: live order book, 3 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 KuCoin live order book, 3 min ago | 5.97 bp | 48.9 bp −$49 | 167.2 bp −$1,672 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.39 bp | 16.3 bp −$16 | 28.8 bp −$288 | doesn't fit | doesn't fit |
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 | −0.0758% | 1h | 0.04200 | +0.695% | $156K | $117K | 25x | as long as short |
| Hyperliquid SAND | −0.0301% | 1h | 0.04175 | +0.096% | $576K | $455K | 5x | as long as short |
| Variational Omni SAND | −0.0297% | 8h | 0.04187 | +0.377% | $115K | $5K | — | as long as short |
| Bybit SANDUSDT | −0.0188% | 8h | 0.04170 | −0.024% | $3.4M | $3.4M | 75x | as long as short |
| Aster SANDUSDT | −0.0151% | 8h | 0.04183 | +0.288% | $14K | $17K | 10x | as long as short |
| Bitget SANDUSDTshort | −0.0048% | 8h | 0.04180 | +0.216% | $1.7M | $575K | 10x | |
| KuCoin SANDUSDTMlong | −0.0042% | 8h | 0.04171 | long leg | $2.6M | $373K | 50x | |
| Binance SANDUSDT | −0.0041% | 8h | 0.04173 | +0.048% | $6.5M | $12.2M | 75x | as long as short |
| MEXC SAND_USDT | −0.0041% | 8h | 0.04172 | +0.024% | $11.5M | $1.8M | 200x | as long as short |
| Extended SAND-USD | −0.0040% | 1h | 0.04188 | +0.405% | $4K | $171K | 10x | as long as short |
Kraken Futures PF_SANDUSD
Hyperliquid SAND
Variational Omni SAND
Bybit SANDUSDT
Aster SANDUSDT
Binance SANDUSDT
MEXC SAND_USDT
Extended SAND-USDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAND-USDT | −0.0035% | 8h | 0.04187 | +0.384% | $321K | $292K | 75x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.007% | $757 | $795 | 5.5x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04169 | −0.048% | $1.7M | $3.2M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04191 | +0.480% | $503K | $589K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04184 | +0.312% | — | $2.4M | — | as long as short |
BloFin SAND-USDT
Injective SAND/USDC PERP
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT