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+0.0104%/8h= +11.4% APRpaid last 24h −0.029%
Price spread now: Extended against Aster−0.020%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 · Extended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.020% cheaper against Aster than usual: you would sell low and buy high (spread −0.020% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 15 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SANDUSDT0.04193−0.0056get 0.0056% / 8h48m 35s$14K$18K10x
ShortExtended SAND-USD0.041920.0048get 0.0006% / 1h48m 35s$3K$194K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$21.8
Price spread: −0.020% → 0.000%
−$2
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$6.8
Costs to cover
0.130%
Break-even
4.8 days
Slippage unknown: Aster: no order-book sample; Extended: live order book, 28 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 Extended live order book, 28 min ago2.40 bp11.7 bp −$1284.8 bp −$848doesn'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−0.0276%1h0.04189−0.093%$577K$450K5xas long as short
Variational Omni SAND−0.0179%8h0.04190−0.060%$114K$4Kas long as short
Kraken Futures PF_SANDUSD−0.0139%1h0.04191−0.046%$154K$106K25xas long as short
Aster SANDUSDTlong−0.0056%8h0.04193long leg$14K$18K10x
Bitget SANDUSDT+0.0001%8h0.04188−0.119%$1.7M$539K10xas long as short
KuCoin SANDUSDTM+0.0010%8h0.04185−0.191%$2.6M$383K50xas long as short
BloFin SAND-USDT+0.0027%8h0.04190−0.072%$323K$294K75xas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−1.526%$757$7955.5xas long as short
MEXC SAND_USDT+0.0046%8h0.04192−0.024%$11.7M$1.7M200xas long as short
Binance SANDUSDT+0.0046%8h0.04194+0.016%$6.6M$12.4M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended SAND-USDshort+0.0048%1h0.04192−0.020%$3K$194K10x
Bybit SANDUSDT+0.0100%8h0.04190−0.072%$3.4M$3.3M75xas long as short
OKX SAND-USDT-SWAP+0.0100%8h0.04191−0.048%$1.8M$3.4M50xas long as short
Gate SAND_USDT+0.0100%8h0.041930.000%$466K$553K75xas long as short
BingX SAND-USDT+0.0100%8h0.041930.000%$2.4Mas long as short