Spread before costs (cost unknown: a leg has no order-book sample)−0.912%
7d average—if it closes, per $10,000$91funding while held, a day+$4.31
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SANDUSDT | 0.04167 | −0.0110 | get 0.0110% / 8h | 7h 21m | $6.5M | $12.6M | 75x |
| Short | Injective SAND/USDC PERP | 0.04129 | 0.0033 | get 0.0004% / 1h | 21m 30s | $757 | $29K | 5.5x |
Binance SANDUSDT
Injective SAND/USDC PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$91.16
- Funding while held
- $4.31
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$96.87
- Spread needed to break even
- 0.100%
Slippage unknown: Binance: live order book, 5 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0144%
- Per $10,000 a day
- +$4.31
- Average in range /8h
- —
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 | 13.3 bp −$13 | 23.9 bp −$239 | 240.9 bp −$24.1K | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.04129cheapest
KuCoin0.04163+0.823%Bybit0.04164+0.848%Bitget0.04164+0.848%Hyperliquid0.04165+0.865%Extended0.04167+0.918%
KuCoin
Bybit
Bitget
Hyperliquid
ExtendedBinance0.04167+0.920%
MEXC0.04167+0.920%OKX0.04168+0.945%BingX0.04168+0.945%BloFin0.04168+0.945%Gate0.04169+0.969%Variational Omni0.04172+1.031%Aster0.04173+1.064%Kraken Futures0.04174+1.086%
MEXC
OKX
BingX
BloFin
Gate
Variational Omni
Aster
Kraken FuturesSAND on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SAND/USDC PERPshort | −0.912% | +0.0033% | 1h | $757 | $29K | 5.5x | |
| KuCoin SANDUSDTM | −0.096% | +0.0084% | 8h | $2.6M | $373K | 50x | as long as short |
| Bybit SANDUSDT | −0.072% | −0.0185% | 8h | $3.3M | $3.2M | 75x | as long as short |
| Bitget SANDUSDT | −0.072% | −0.0333% | 8h | $1.7M | $556K | 10x | as long as short |
| Hyperliquid SAND | −0.055% | +0.0100% | 1h | $577K | $423K | 5x | as long as short |
| Extended SAND-USD | −0.002% | −0.0104% | 1h | $3K | $194K | 10x | as long as short |
| Binance SANDUSDTlong | 0.000% | −0.0110% | 8h | $6.5M | $12.6M | 75x | |
| MEXC SAND_USDT | 0.000% | −0.0107% | 8h | $11.0M | $1.6M | 200x | as long as short |
| OKX SAND-USDT-SWAP | +0.024% | +0.0100% | 8h | $1.8M | $3.2M | 50x | as long as short |
| BingX SAND-USDT | +0.024% | +0.0100% | 8h | — | $2.4M | — | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin SAND-USDT | +0.024% | +0.0010% | 8h | $329K | $238K | 75x | as long as short |
| Gate SAND_USDT | +0.048% | −0.0123% | 8h | $446K | $553K | 75x | as long as short |
| Variational Omni SAND | +0.110% | −0.0429% | 8h | $114K | $5K | — | as long as short |
| Aster SANDUSDT | +0.142% | +0.0084% | 8h | $14K | $28K | 10x | as long as short |
| Kraken Futures PF_SANDUSD | +0.165% | −0.0252% | 1h | $152K | $107K | 25x | as long as short |