Funding you earn now, next payment 08:00 UTC−0.0069%/8h= −7.5% APRnext payment −$0.69 per $10,000 · paid last 24h −0.093%
Price spread now: Variational Omni against Aster−0.235%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.235% cheaper against Aster than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SANDUSDT | 0.04206 | −0.0257 | get 0.0257% / 8h | 3h 57m | $14K | $16K | 10x |
| Short | Variational Omni SAND | 0.04196 | −0.0325 | pay 0.0325% / 8h | 3h 57m | $115K | $4K | — |
Aster SANDUSDT
Variational Omni SANDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Aster. 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
- −$14.43
- Price spread: −0.235% → 0.000%
- −$23.52
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$45.96
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Variational Omni: RFQ quote, 62 min ago. Net counts fees only.
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 Aster no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 62 min ago | 4.84 bp | doesn't fit | 21.8 bp −$218 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SANDUSD | −0.1116% | 1h | 0.04203 | −0.064% | $157K | $106K | 25x | as long as short |
| Hyperliquid SAND | −0.0602% | 1h | 0.04200 | −0.139% | $579K | $326K | 5x | as long as short |
| Variational Omni SANDshort | −0.0325% | 8h | 0.04196 | −0.235% | $115K | $4K | — | |
| Aster SANDUSDTlong | −0.0257% | 8h | 0.04206 | long leg | $14K | $16K | 10x | |
| BloFin SAND-USDT | −0.0186% | 8h | 0.04201 | −0.111% | $326K | $201K | 75x | as long as short |
| Extended SAND-USD | −0.0168% | 1h | 0.04202 | −0.081% | $6K | $173K | 10x | as long as short |
| Bitget SANDUSDT | −0.0168% | 8h | 0.04199 | −0.158% | $1.7M | $556K | 10x | as long as short |
| Binance SANDUSDT | −0.0166% | 8h | 0.04203 | −0.063% | $6.7M | $12.4M | 75x | as long as short |
| MEXC SAND_USDT | −0.0162% | 8h | 0.04201 | −0.111% | $11.8M | $1.8M | 200x | as long as short |
| KuCoin SANDUSDTM | −0.0081% | 8h | 0.04193 | −0.301% | $2.6M | $358K | 50x | as long as short |
Kraken Futures PF_SANDUSD
Hyperliquid SAND
BloFin SAND-USDT
Extended SAND-USD
Bitget SANDUSDT
Binance SANDUSDT
MEXC SAND_USDT
KuCoin SANDUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SAND-USDT-SWAP | −0.0054% | 8h | 0.04202 | −0.087% | $1.7M | $3.3M | 50x | as long as short |
| Gate SAND_USDT | +0.0022% | 8h | 0.04204 | −0.039% | $471K | $634K | 75x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.823% | $757 | $795 | 5.5x | as long as short |
| BingX SAND-USDT | +0.0043% | 8h | 0.04202 | −0.087% | — | $2.4M | — | as long as short |
| Bybit SANDUSDT | +0.0046% | 8h | 0.04201 | −0.111% | $3.5M | $3.5M | 75x | as long as short |
OKX SAND-USDT-SWAP
Gate SAND_USDT
Injective SAND/USDC PERP
BingX SAND-USDT
Bybit SANDUSDT