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

SAND

all SAND markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.84 per $10,000 · paid last 24h +0.031%
Price spread now: KuCoin against Binance−0.015%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1371.372% of the position
Long on BinanceShort on KuCoin
What this pair did over the last
the charts below follow
Funding, last 7 days+0.201%+$20 on $10k
Price spread, last 7 days−0.009%−$1 · spread now −0.015%, 7d avg −0.012%
Together, before fees+0.192%+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SANDUSDT0.04202−0.0173get 0.0173% / 8h3h 44m$6.7M$12.3M75x
ShortKuCoin SANDUSDTM0.04201−0.0089pay 0.0089% / 8h3h 44m$2.6M$358K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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
$17.61
Price spread: −0.015% → −0.012%
−$0.31
Slippage, 4 orders
−$115.2
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$119.89
Costs to cover
1.372%
Break-even
54.6 days
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 10 min ago1.19 bp12.5 bp −$1324.3 bp −$243310.1 bp −$31.0Kdoesn't fit
Sell KuCoin live order book, 2 min ago2.38 bp68.2 bp −$68130.7 bp −$1,307doesn't fitdoesn't fit

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
Kraken Futures PF_SANDUSD−0.1112%1h0.04215+0.329%$158K$107K25xas long as short
Hyperliquid SAND−0.0555%1h0.04197−0.101%$579K$327K5xas long as short
Variational Omni SAND−0.0329%8h0.04198−0.092%$115K$4K—as long as short
Aster SANDUSDT−0.0269%8h0.04212+0.249%$14K$16K10xas long as short
Extended SAND-USD−0.0176%1h0.04201−0.024%$3K$177K10xas long as short
BloFin SAND-USDT−0.0174%8h0.04204+0.056%$326K$202K75xas long as short
Binance SANDUSDTlong−0.0173%8h0.04202long leg$6.7M$12.3M75x
MEXC SAND_USDT−0.0172%8h0.04202+0.009%$11.7M$1.9M200xas long as short
Bitget SANDUSDT−0.0157%8h0.04201−0.015%$1.7M$555K10xas long as short
KuCoin SANDUSDTMshort−0.0089%8h0.04201−0.015%$2.6M$358K50x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SAND-USDT-SWAP−0.0063%8h0.04201−0.015%$1.7M$3.2M50xas long as short
Gate SAND_USDT+0.0028%8h0.04207+0.128%$476K$644K75xas long as short
Bybit SANDUSDT+0.0032%8h0.04204+0.056%$3.5M$3.6M75xas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−1.729%$757$7955.5xas long as short
BingX SAND-USDT+0.0045%8h0.04201−0.015%—$2.4M—as long as short