Settings8H · net · $10k
Funding arb · Price arb /

SAND

all SAND markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0063%/8h= −6.9% APRpaid last 24h −0.040%
Price spread now: Extended against KuCoin+0.186%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1131.132% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.203%−$20 on $10k
Price spread, last 4 days (all we have)−0.257%−$26 · spread now +0.186%, 7d avg +0.013%
Together, before fees−0.460%+ Points / potential airdropExtended: Active · farm board−$46 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.173% dearer against KuCoin than usual: you sell high and buy low (spread +0.186% now, against its 7-day average of +0.013%): +$17 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SANDUSDTM0.04217−0.0385get 0.0385% / 8h10m 32s$2.6M$405K50x
ShortExtended SAND-USD0.04225−0.0448pay 0.0056% / 1h10m 32s$6K$228K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$13.23
Price spread: +0.186% → +0.013%
$17.29
Slippage, 4 orders
−$96.17
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$109.1
Costs to cover
1.132%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Extended: live order book, 26 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 6 min ago7.10 bp39.0 bp −$39149.1 bp −$1,491doesn't fitdoesn't fit
Sell Extended live order book, 26 min ago2.14 bp12.5 bp −$1380.0 bp −$800doesn't fitdoesn't fit

SAND on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid SAND−0.0934%1h0.04215−0.036%$583K$335K5xas long as short
Aster SANDUSDT−0.0530%8h0.04225+0.181%$14K$16K10xas long as short
Variational Omni SAND−0.0467%8h0.04221+0.094%$115K$4Kas long as short
Binance SANDUSDT−0.0449%8h0.04228+0.261%$6.9M$13.8M75xas long as short
Extended SAND-USDshort−0.0448%1h0.04225+0.186%$6K$228K10x
MEXC SAND_USDT−0.0446%8h0.04218+0.024%$11.2M$1.9M200xas long as short
BloFin SAND-USDT−0.0434%8h0.04224+0.166%$333K$150K75xas long as short
KuCoin SANDUSDTMlong−0.0385%8h0.04217long leg$2.6M$405K50x
OKX SAND-USDT-SWAP−0.0288%8h0.04230+0.308%$1.7M$3.4M50xas long as short
Bitget SANDUSDT−0.0264%8h0.04227+0.237%$1.8M$542K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SANDUSDT−0.0139%8h0.04226+0.213%$3.6M$4.0M75xas long as short
Gate SAND_USDT−0.0125%8h0.04228+0.261%$492K$694K75xas long as short
BingX SAND-USDT−0.0094%8h0.04225+0.190%$2.4Mas long as short
Kraken Futures PF_SANDUSD−0.0087%1h0.04234+0.394%$160K$108K25xas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−2.087%$757$7955.5xas long as short