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

SAND

all SAND markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against OKX+0.072%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$690.690% of the position
Long on OKXShort on BingX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.096%+$10 on $10k
Price spread, last 7 days−0.077%−$8 · spread now +0.072%, 7d avg −0.013%
Together, before fees+0.019%+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.085% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SAND-USDT-SWAP0.041600.0100pay 0.0100% / 8h5h 53m$1.7M$3.1M50x
ShortBingX SAND-USDT0.041630.0100get 0.0100% / 8h5h 53m—$2.4M—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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
$0
Price spread: +0.072% → −0.013%
$8.53
Slippage, 4 orders
−$48.98
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$60.45
Costs to cover
0.690%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; BingX: live order book, 11 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 OKX live order book, 4 min ago1.20 bp15.4 bp −$15764.1 bp −$7,641doesn't fitdoesn't fit
Sell BingX live order book, 11 min ago3.60 bp19.1 bp −$1935.5 bp −$355149.8 bp −$15.0K780.1 bp −$390.0K

SAND on 14 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
Variational Omni SAND−0.0340%8h0.04170+0.236%$113K$4K—as long as short
Hyperliquid SAND−0.0178%1h0.04152−0.185%$575K$357K5xas long as short
Aster SANDUSDT−0.0154%8h0.04162+0.048%$14K$16K10xas long as short
Bybit SANDUSDT−0.0115%8h0.04157−0.072%$3.4M$3.4M75xas long as short
Binance SANDUSDT−0.0043%8h0.041600.000%$6.4M$11.9M75xas long as short
Extended SAND-USD−0.0040%1h0.04157−0.076%$3K$173K10xas long as short
MEXC SAND_USDT−0.0036%8h0.04158−0.048%$11.6M$1.7M200xas long as short
Bitget SANDUSDT−0.0035%8h0.04163+0.072%$1.7M$542K10xas long as short
KuCoin SANDUSDTM+0.0006%8h0.04150−0.240%$2.5M$375K50xas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−0.745%$757$7955.5xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SAND_USDT+0.0096%8h0.04158−0.048%$459K$613K75xas long as short
OKX SAND-USDT-SWAPlong+0.0100%8h0.04160long leg$1.7M$3.1M50x
BingX SAND-USDTshort+0.0100%8h0.04163+0.072%—$2.4M—
Kraken Futures PF_SANDUSD+0.0240%1h0.04166+0.148%$155K$104K25xas long as short