SAND

Alert

Funding spread now, next payment 16:00 UTC+0.0208%/8h

next payment, per $10,000+$2.08paid, last 24h+0.015%paid, last 7 days+0.067%to open and close $10k−$45

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.067% in total (about 3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.08 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SAND_USDT	0.04169	−0.0108	get 0.0108% / 8h	1h 46m	$11.2M	$1.6M	200x
Short	Bybit SANDUSDT	0.04166	0.0100	get 0.0100% / 8h	1h 46m	$3.3M	$3.1M	75x

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 MEXCbpFee BybitbpOrdersRate

Funding earned: $43.68
Slippage, 4 orders: −$30.13
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$1.45
Break-even: 7.2 days

Slippage from MEXC: live order book, 4 min ago; Bybit: live order book, 3 min ago.

Price risk

price view

Price gap now: −0.072%
Avg gap 7d: −0.013%

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 MEXC live order book, 4 min ago	1.20 bp	4.6 bp −$5	9.4 bp −$94	74.2 bp −$7,419	134.1 bp −$67.0K
Sell Bybit live order book, 3 min ago	1.20 bp	17.2 bp −$17	56.1 bp −$561	doesn't fit	doesn't fit

SAND on 15 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni SAND	−0.0223%	8h	$113K	$5K	—	as long as short
Extended SAND-USD	−0.0112%	1h	$3K	$194K	10x	as long as short
Binance SANDUSDT	−0.0109%	8h	$6.4M	$12.5M	75x	as long as short
MEXC SAND_USDTlong	−0.0108%	8h	$11.2M	$1.6M	200x
Aster SANDUSDT	−0.0101%	8h	$14K	$29K	10x	as long as short
Bitget SANDUSDT	−0.0064%	8h	$1.7M	$519K	10x	as long as short
Gate SAND_USDT	+0.0001%	8h	$446K	$542K	75x	as long as short
BloFin SAND-USDT	+0.0011%	8h	$332K	$240K	75x	as long as short
Injective SAND/USDC PERP	+0.0033%	1h	$757	$74K	5.5x	as long as short
Hyperliquid SAND	+0.0095%	1h	$578K	$355K	5x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bybit SANDUSDTshort	+0.0100%	8h	$3.3M	$3.1M	75x
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	+0.0363%	1h	$153K	$113K	25x	as long as short