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

SAND

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.40 per $10,000 · paid last 24h −0.038%
Price spread now: Bitget against Aster−0.046%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Bitget is 0.046% cheaper against Aster than usual: you would sell low and buy high (spread −0.046% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3.8 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SANDUSDT0.04182−0.0087get 0.0087% / 8h1h 38m$14K$18K10x
ShortBitget SANDUSDT0.04180−0.0047pay 0.0047% / 8h1h 38m$1.7M$546K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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
$8.34
Price spread: −0.046% → 0.000%
−$4.58
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$16.24
Costs to cover
0.200%
Break-even
20.6 days
Slippage unknown: Aster: no order-book sample; Bitget: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Bitget live order book, 3 min ago2.39 bp22.0 bp −$2240.9 bp −$409doesn't fitdoesn't fit
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: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid SAND−0.0386%1h0.04177−0.120%$575K$445K5xas long as short
Variational Omni SAND−0.0180%8h0.04179−0.081%$114K$4Kas long as short
Aster SANDUSDTlong−0.0087%8h0.04182long leg$14K$18K10x
Kraken Futures PF_SANDUSD−0.0079%1h0.04183+0.034%$156K$98K25xas long as short
Bitget SANDUSDTshort−0.0047%8h0.04180−0.046%$1.7M$546K10x
KuCoin SANDUSDTM−0.0037%8h0.04180−0.046%$2.6M$365K50xas long as short
MEXC SAND_USDT+0.0004%8h0.04181−0.022%$11.7M$1.7M200xas long as short
Binance SANDUSDT+0.0005%8h0.04181−0.031%$6.6M$12.4M75xas long as short
Extended SAND-USD+0.0008%1h0.04181−0.017%$3K$194K10xas long as short
BloFin SAND-USDT+0.0019%8h0.04181−0.022%$322K$293K75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SAND/USDC PERP+0.0033%1h0.04129−1.265%$757$7955.5xas long as short
Bybit SANDUSDT+0.0100%8h0.04180−0.046%$3.4M$3.2M75xas long as short
OKX SAND-USDT-SWAP+0.0100%8h0.04177−0.118%$1.8M$3.3M50xas long as short
Gate SAND_USDT+0.0100%8h0.04185+0.074%$466K$568K75xas long as short
BingX SAND-USDT+0.0100%8h0.04180−0.046%$2.4Mas long as short