Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: Gate against OKX−0.072%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1071.067% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.072%, 7d avg +0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.077% cheaper against OKX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SAND-USDT-SWAP | 0.04143 | 0.0100 | pay 0.0100% / 8h | 6h 45m | $1.7M | $3.2M | 50x |
| Short | Gate SAND_USDT | 0.04140 | 0.0100 | get 0.0100% / 8h | 6h 45m | $460K | $618K | 75x |
OKX SAND-USDT-SWAP
Gate SAND_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. 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
- $0
- Price spread: −0.072% → +0.004%
- −$7.69
- Slippage, 4 orders
- −$81.72
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$114.41
- Costs to cover
- 1.067%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Gate: live order book, 21 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 OKX live order book, 2 min ago | 2.41 bp | 13.9 bp −$14 | 585.5 bp −$5,855 | doesn't fit | doesn't fit |
| Sell Gate live order book, 21 min ago | 3.58 bp | 29.9 bp −$30 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAND | −0.0322% | 8h | 0.04137 | −0.136% | $113K | $5K | — | as long as short |
| Aster SANDUSDT | −0.0181% | 8h | 0.04142 | −0.032% | $13K | $17K | 10x | as long as short |
| Bybit SANDUSDT | −0.0139% | 8h | 0.04140 | −0.072% | $3.4M | $3.5M | 75x | as long as short |
| Extended SAND-USD | −0.0064% | 1h | 0.04141 | −0.045% | $6K | $174K | 10x | as long as short |
| MEXC SAND_USDT | −0.0062% | 8h | 0.04140 | −0.072% | $11.4M | $1.7M | 200x | as long as short |
| Binance SANDUSDT | −0.0061% | 8h | 0.04140 | −0.072% | $6.4M | $12.4M | 75x | as long as short |
| BloFin SAND-USDT | −0.0060% | 8h | 0.04145 | +0.048% | $318K | $290K | 75x | as long as short |
| Bitget SANDUSDT | −0.0029% | 8h | 0.04133 | −0.241% | $1.7M | $588K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0022% | 8h | 0.04135 | −0.193% | $2.5M | $379K | 50x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.338% | $757 | $795 | 5.5x | as long as short |
Variational Omni SAND
Aster SANDUSDT
Bybit SANDUSDT
Extended SAND-USD
MEXC SAND_USDT
Binance SANDUSDT
BloFin SAND-USDT
Bitget SANDUSDT
KuCoin SANDUSDTM
Injective SAND/USDC PERPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SAND | +0.0100% | 1h | 0.04136 | −0.174% | $569K | $449K | 5x | as long as short |
| OKX SAND-USDT-SWAPlong | +0.0100% | 8h | 0.04143 | long leg | $1.7M | $3.2M | 50x | |
| Gate SAND_USDTshort | +0.0100% | 8h | 0.04140 | −0.072% | $460K | $618K | 75x | |
| BingX SAND-USDT | +0.0100% | 8h | 0.04142 | −0.024% | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.0433% | 1h | 0.04143 | +0.008% | $154K | $118K | 25x | as long as short |
Hyperliquid SAND
BingX SAND-USDT
Kraken Futures PF_SANDUSD