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

SAND

all SAND markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.93 per $10,000 · paid last 24h +0.014%
Price spread now: BloFin against Aster−0.221%82s7-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 6 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. BloFin is 0.221% cheaper against Aster than usual: you would sell low and buy high (spread −0.221% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 7.9 days of funding at the current rate (+$3 a day). The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SANDUSDT0.04237−0.0564get 0.0564% / 8h7h 47m$14K$18K10x
ShortBloFin SAND-USDT0.04228−0.0471pay 0.0471% / 8h7h 47m$336K$151K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$19.62
Price spread: −0.221% → 0.000%
−$22.11
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$22.49
Costs to cover
0.200%
Break-even
15.0 days
Slippage unknown: Aster: no order-book sample; BloFin: live order book, 27 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 BloFin live order book, 27 min ago2.36 bp14.7 bp −$1528.2 bp −$282100.5 bp −$10.1Kdoesn'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
Bybit SANDUSDT−0.1129%8h0.04243+0.133%$3.6M$4.2M75xas long as short
Gate SAND_USDT−0.0575%8h0.04245+0.180%$495K$618K75xas long as short
Hyperliquid SAND−0.0572%1h0.04245+0.180%$583K$340K5xas long as short
Aster SANDUSDTlong−0.0564%8h0.04237long leg$14K$18K10x
Variational Omni SAND−0.0496%8h0.04229−0.190%$116K$4Kas long as short
Extended SAND-USD−0.0488%1h0.04242+0.115%$6K$228K10xas long as short
Binance SANDUSDT−0.0485%8h0.04245+0.180%$7.0M$14.1M75xas long as short
MEXC SAND_USDT−0.0478%8h0.04245+0.180%$11.3M$1.9M200xas long as short
BloFin SAND-USDTshort−0.0471%8h0.04228−0.221%$336K$151K75x
KuCoin SANDUSDTM−0.0412%8h0.04241+0.086%$2.6M$428K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SAND-USDT-SWAP−0.0303%8h0.04244+0.157%$1.6M$3.4M50xas long as short
Bitget SANDUSDT−0.0275%8h0.04242+0.109%$1.8M$550K10xas long as short
BingX SAND-USDT−0.0190%8h0.04243+0.133%$2.4Mas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−2.557%$757$7955.5xas long as short
Kraken Futures PF_SANDUSD+0.0043%1h0.04254+0.395%$161K$107K25xas long as short