Funding you earn now, next payment 06:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h −0.002%
Price spread now: Extended against Binance+0.274%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$530.533% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.306%−$31 · spread now +0.274%, 7d avg −0.033%
=Together, before fees−0.306%+ Points / potential airdropExtended: Active · farm board−$31 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.307% dearer against Binance than usual: you sell high and buy low, +$31 on $10k if it goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SANDUSDT | 0.04174 | −0.0250 | get 0.0250% / 8h | 2h 34m | $6.7M | $12.7M | 75x |
| Short | Extended SAND-USD | 0.04186 | −0.0248 | pay 0.0031% / 1h | 34m 43s | $3K | $225K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- $0.43
- Price spread: +0.274% → −0.033%
- $30.69
- Slippage, 4 orders
- −$38.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$22.22
- Costs to cover
- 0.533%
- Break-even
- 370.1 days
Slippage from Binance: live order book, 5 min ago; Extended: live order book, 12 min ago.
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 Binance live order book, 5 min ago | 1.20 bp | 13.0 bp −$13 | 26.8 bp −$268 | 332.7 bp −$33.3K | doesn't fit |
| Sell Extended live order book, 12 min ago | 2.39 bp | 11.6 bp −$12 | 70.7 bp −$707 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SAND | −0.0433% | 1h | 0.04174 | −0.004% | $578K | $325K | 5x | as long as short |
| Variational Omni SAND | −0.0365% | 8h | 0.04174 | −0.001% | $114K | $4K | — | as long as short |
| Aster SANDUSDT | −0.0338% | 8h | 0.04181 | +0.147% | $14K | $16K | 10x | as long as short |
| BloFin SAND-USDT | −0.0251% | 8h | 0.04188 | +0.326% | $331K | $138K | 75x | as long as short |
| Binance SANDUSDTlong | −0.0250% | 8h | 0.04174 | long leg | $6.7M | $12.7M | 75x | |
| MEXC SAND_USDT | −0.0250% | 8h | 0.04172 | −0.057% | $11.4M | $1.9M | 200x | as long as short |
| Extended SAND-USDshort | −0.0248% | 1h | 0.04186 | +0.274% | $3K | $225K | 10x | |
| Bitget SANDUSDT | −0.0227% | 8h | 0.04174 | −0.009% | $1.7M | $555K | 10x | as long as short |
| OKX SAND-USDT-SWAP | −0.0158% | 8h | 0.04171 | −0.081% | $1.7M | $3.1M | 50x | as long as short |
| KuCoin SANDUSDTM | −0.0156% | 8h | 0.04175 | +0.015% | $2.6M | $352K | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SAND-USDT | −0.0033% | 8h | 0.04187 | +0.302% | — | $2.4M | — | as long as short |
| Bybit SANDUSDT | −0.0032% | 8h | 0.04179 | +0.111% | $3.4M | $3.6M | 75x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.087% | $757 | $795 | 5.5x | as long as short |
| Gate SAND_USDT | +0.0039% | 8h | 0.04183 | +0.207% | $471K | $652K | 75x | as long as short |
| Kraken Futures PF_SANDUSD | +0.0111% | 1h | 0.04197 | +0.538% | $157K | $104K | 25x | as long as short |
Binance SANDUSDT
Extended SAND-USD
Hyperliquid SAND
Variational Omni SAND
Aster SANDUSDT
BloFin SAND-USDT
MEXC SAND_USDT
Bitget SANDUSDT
OKX SAND-USDT-SWAP
KuCoin SANDUSDTM
BingX SAND-USDT
Bybit SANDUSDT
Injective SAND/USDC PERP
Gate SAND_USDT
Kraken Futures PF_SANDUSD