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

SAND

all SAND markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0091%/8h= +10.0% APRnext payment +$0.91 per $10,000 · paid last 24h −0.018%
Price spread now: MEXC against Aster+0.117%7-day average · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.117% dearer against Aster than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SANDUSDT0.04199−0.0371get 0.0371% / 8h1h 57m$14K$16K10x
ShortMEXC SAND_USDT0.04204−0.0280pay 0.0280% / 8h1h 57m$11.3M$1.9M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$19.21
Price spread: +0.117% → 0.000%
$11.71
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
$18.92
Costs to cover
0.120%
Break-even
0.1 days
Slippage unknown: Aster: no order-book sample; MEXC: live order book, 6 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 MEXC live order book, 6 min ago1.18 bp8.8 bp −$919.0 bp −$19083.8 bp −$8,377138.3 bp −$69.2K
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−0.0716%1h0.04202+0.074%$583K$328K5xas long as short
Aster SANDUSDTlong−0.0371%8h0.04199long leg$14K$16K10x
Variational Omni SAND−0.0361%8h0.04234+0.825%$116K$4Kas long as short
BloFin SAND-USDT−0.0284%8h0.04219+0.474%$329K$140K75xas long as short
Binance SANDUSDT−0.0280%8h0.04198−0.026%$6.8M$13.1M75xas long as short
Extended SAND-USD−0.0280%1h0.04198−0.019%$6K$228K10xas long as short
MEXC SAND_USDTshort−0.0280%8h0.04204+0.117%$11.3M$1.9M200x
Bitget SANDUSDT−0.0228%8h0.04194−0.121%$1.7M$543K10xas long as short
Kraken Futures PF_SANDUSD−0.0215%1h0.04215+0.373%$159K$104K25xas long as short
KuCoin SANDUSDTM−0.0181%8h0.04206+0.165%$2.6M$375K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SAND-USDT-SWAP−0.0170%8h0.04198−0.026%$1.7M$3.2M50xas long as short
Bybit SANDUSDT−0.0047%8h0.04201+0.046%$3.5M$3.8M75xas long as short
BingX SAND-USDT−0.0029%8h0.04200+0.022%$2.4Mas long as short
Gate SAND_USDT−0.0009%8h0.04205+0.141%$485K$665K75xas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−1.669%$757$7955.5xas long as short