Funding you earn now, next payment 08:00 UTC−0.0395%/8h= −43.2% APRnext payment −$3.95 per $10,000 · paid last 24h −0.120%
Price spread now: Variational Omni against BingX−0.135%7-day average −0.037% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.289%−$29 on $10k
+Price spread, last 3 days (all we have)+0.108%+$11 · spread now −0.135%, 7d avg −0.037%
=Together, before fees−0.181%+ Points / potential airdropVariational Omni: Active · farm board−$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Variational Omni is 0.098% cheaper against BingX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SAND-USDT | 0.04201 | 0.0100 | pay 0.0100% / 8h | 7h 09m | — | $2.4M | — |
| Short | Variational Omni SAND | 0.04195 | −0.0295 | pay 0.0295% / 8h | 7h 09m | $115K | $5K | — |
BingX SAND-USDT
Variational Omni SANDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BingX. 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
- −$82.89
- Price spread: −0.135% → −0.037%
- −$9.85
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$102.74
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 9 min ago; Variational Omni: RFQ quote, 64 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 BingX live order book, 9 min ago | 3.60 bp | 14.7 bp −$15 | 22.4 bp −$224 | 155.3 bp −$15.5K | doesn't fit |
| Sell Variational Omni RFQ quote, 64 min ago | 6.00 bp | doesn't fit | 22.8 bp −$228 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SANDUSD | −0.0757% | 1h | 0.04210 | +0.204% | $156K | $118K | 25x | as long as short |
| Variational Omni SANDshort | −0.0295% | 8h | 0.04195 | −0.135% | $115K | $5K | — | |
| Hyperliquid SAND | −0.0257% | 1h | 0.04197 | −0.100% | $579K | $455K | 5x | as long as short |
| Bybit SANDUSDT | −0.0197% | 8h | 0.04199 | −0.048% | $3.4M | $3.4M | 75x | as long as short |
| Aster SANDUSDT | −0.0136% | 8h | 0.04202 | +0.024% | $14K | $17K | 10x | as long as short |
| BloFin SAND-USDT | −0.0050% | 8h | 0.04192 | −0.214% | $319K | $293K | 75x | as long as short |
| Bitget SANDUSDT | −0.0042% | 8h | 0.04195 | −0.143% | $1.7M | $576K | 10x | as long as short |
| Extended SAND-USD | −0.0032% | 1h | 0.04200 | −0.022% | $4K | $174K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0032% | 8h | 0.04197 | −0.095% | $2.6M | $373K | 50x | as long as short |
| Binance SANDUSDT | −0.0031% | 8h | 0.04202 | +0.024% | $6.5M | $12.2M | 75x | as long as short |
Kraken Futures PF_SANDUSD
Hyperliquid SAND
Bybit SANDUSDT
Aster SANDUSDT
BloFin SAND-USDT
Bitget SANDUSDT
Extended SAND-USD
KuCoin SANDUSDTM
Binance SANDUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SAND_USDT | −0.0030% | 8h | 0.04200 | −0.024% | $11.7M | $1.8M | 200x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.714% | $757 | $795 | 5.5x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04200 | −0.024% | $1.7M | $3.3M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04204 | +0.071% | $505K | $588K | 75x | as long as short |
| BingX SAND-USDTlong | +0.0100% | 8h | 0.04201 | long leg | — | $2.4M | — |
MEXC SAND_USDT
Injective SAND/USDC PERP
OKX SAND-USDT-SWAP
Gate SAND_USDT