data as of
Settings8H · net · $10k
Funding arb /

SAND

all SAND markets
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Funding spread now, next payment 00:00 UTC+0.0184%/8h
next payment, per $10,000+$1.84paid, last 24h+0.028%paid, last 5 days+0.060%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 5 days it paid 0.060% in total (about 4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.84 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SAND_USDT0.04174−0.0109get 0.0109% / 8h7h 13m$10.9M$1.6M200x
ShortAster SANDUSDT0.041750.0075get 0.0075% / 8h7h 13m$14K$28K10x

Funding history

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Funding on every exchange

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Profit calculator

Funding earned
$38.71
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
$26.71
Break-even
2.2 days
Slippage unknown: MEXC: live order book, 1 min ago; Aster: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.023%
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 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 1 min ago1.20 bp8.8 bp −$912.5 bp −$12573.1 bp −$7,307126.2 bp −$63.1K
Sell Aster no order-book sample
Aster: 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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Variational Omni SAND−0.0449%8h$113K$5Kas long as short
Bitget SANDUSDT−0.0333%8h$1.7M$552K10xas long as short
Kraken Futures PF_SANDUSD−0.0251%1h$153K$102K25xas long as short
Bybit SANDUSDT−0.0198%8h$3.3M$3.2M75xas long as short
Extended SAND-USD−0.0112%1h$3K$194K10xas long as short
Binance SANDUSDT−0.0110%8h$6.5M$12.4M75xas long as short
MEXC SAND_USDTlong−0.0109%8h$10.9M$1.6M200x
Gate SAND_USDT−0.0062%8h$446K$554K75xas long as short
BloFin SAND-USDT+0.0009%8h$331K$237K75xas long as short
Injective SAND/USDC PERP+0.0033%1h$757$29K5.5xas long as short
Show all 15 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Aster SANDUSDTshort+0.0075%8h$14K$28K10x
KuCoin SANDUSDTM+0.0082%8h$2.6M$374K50xas long as short
Hyperliquid SAND+0.0100%1h$577K$427K5xas long as short
OKX SAND-USDT-SWAP+0.0100%8h$1.8M$3.2M50xas long as short
BingX SAND-USDT+0.0100%8h$2.4Mas long as short