Funding you earn now, next payment 00:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.46 per $10,000 · paid last 24h +0.009%
Price spread now: Binance against Bitget+0.058%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$720.716% of the position
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now +0.058%, 7d avg +0.058%
=The price spread sits at its 7-day average of +0.058%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.146%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SANDUSDT | 0.04172 | −0.0061 | get 0.0061% / 8h | 1h 33m | $1.7M | $547K | 10x |
| Short | Binance SANDUSDT | 0.04174 | −0.0015 | pay 0.0015% / 8h | 1h 33m | $6.6M | $12.4M | 75x |
Bitget SANDUSDT
Binance SANDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $9.63
- Price spread: +0.058% → +0.058%
- $0
- Slippage, 4 orders
- −$49.61
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$61.98
- Costs to cover
- 0.716%
- Break-even
- 52.0 days
Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 6 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 Bitget live order book, 3 min ago | 2.40 bp | 23.4 bp −$23 | 47.5 bp −$475 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.20 bp | 16.3 bp −$16 | 28.7 bp −$287 | 216.2 bp −$21.6K | 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 | −0.0424% | 1h | 0.04170 | −0.060% | $574K | $445K | 5x | as long as short |
| Variational Omni SAND | −0.0187% | 8h | 0.04171 | −0.023% | $114K | $4K | — | as long as short |
| Aster SANDUSDT | −0.0112% | 8h | 0.04163 | −0.210% | $14K | $18K | 10x | as long as short |
| Kraken Futures PF_SANDUSD | −0.0080% | 1h | 0.04174 | +0.054% | $155K | $98K | 25x | as long as short |
| Bitget SANDUSDTlong | −0.0061% | 8h | 0.04172 | long leg | $1.7M | $547K | 10x | |
| KuCoin SANDUSDTM | −0.0056% | 8h | 0.04166 | −0.144% | $2.6M | $372K | 50x | as long as short |
| BloFin SAND-USDT | −0.0024% | 8h | 0.04176 | +0.096% | $323K | $293K | 75x | as long as short |
| Binance SANDUSDTshort | −0.0015% | 8h | 0.04174 | +0.058% | $6.6M | $12.4M | 75x | |
| Extended SAND-USD | −0.0008% | 1h | 0.04170 | −0.044% | $3K | $194K | 10x | as long as short |
| MEXC SAND_USDT | −0.0001% | 8h | 0.04169 | −0.072% | $11.7M | $1.7M | 200x | as long as short |
Hyperliquid SAND
Variational Omni SAND
Aster SANDUSDT
Kraken Futures PF_SANDUSD
KuCoin SANDUSDTM
BloFin SAND-USDT
Extended SAND-USD
MEXC SAND_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.031% | $757 | $795 | 5.5x | as long as short |
| Bybit SANDUSDT | +0.0100% | 8h | 0.04170 | −0.048% | $3.4M | $3.3M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04172 | 0.000% | $1.8M | $3.3M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04176 | +0.096% | $465K | $569K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04173 | +0.024% | — | $2.4M | — | as long as short |
Injective SAND/USDC PERP
Bybit SANDUSDT
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT