After costs, if the gap returns to its 7d average, $10k−$62
spread now+0.219%7d average+0.057%fees + slippage, in and out−$78spread needed0.784%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SANDUSDT | 0.04110 | −0.0290 | get 0.0290% / 8h | 5h 58m | $1.7M | $553K | 10x |
| Short | BingX SAND-USDT | 0.04119 | 0.0100 | get 0.0100% / 8h | 5h 58m | — | $2.4M | — |
Bitget SANDUSDT
BingX SAND-USDTPrice 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
- $21.9
- Funding while held
- $11.7
- Slippage, 4 orders
- −$56.37
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$44.77
- Spread needed to break even
- 0.784%
Slippage from Bitget: live order book, 5 min ago; BingX: live order book, 12 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0390%
- Per $10,000 a day
- +$11.70
- 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 Bitget live order book, 5 min ago | 3.65 bp | 21.5 bp −$22 | 44.5 bp −$445 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 3.64 bp | 15.7 bp −$16 | 29.1 bp −$291 | 150.8 bp −$15.1K | 503.2 bp −$251.6K |
SAND price on every exchange
against the cheapest. Click to use as the short leg.Bitget0.04110cheapest
KuCoin0.04114+0.097%Binance0.04116+0.135%OKX0.04116+0.146%Hyperliquid0.04117+0.170%Bybit0.04117+0.170%MEXC0.04118+0.195%Variational Omni0.04118+0.204%Gate0.04119+0.219%
KuCoin
Binance
OKX
Hyperliquid
Bybit
MEXC
Variational Omni
GateBingX0.04119+0.219%
Extended0.04120+0.237%BloFin0.04120+0.243%Aster0.04122+0.303%Kraken Futures0.04127+0.422%Injective0.04129+0.462%
Extended
BloFin
Aster
Kraken Futures
InjectiveSAND on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget SANDUSDTlong | 0.000% | −0.0290% | 8h | $1.7M | $553K | 10x | |
| KuCoin SANDUSDTM | +0.097% | +0.0030% | 8h | $2.6M | $355K | 50x | as long as short |
| Binance SANDUSDT | +0.135% | −0.0084% | 8h | $6.4M | $12.2M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.146% | +0.0100% | 8h | $1.7M | $3.2M | 50x | as long as short |
| Hyperliquid SAND | +0.170% | +0.0100% | 1h | $568K | $430K | 5x | as long as short |
| Bybit SANDUSDT | +0.170% | +0.0081% | 8h | $3.3M | $3.2M | 75x | as long as short |
| MEXC SAND_USDT | +0.195% | −0.0086% | 8h | $10.6M | $1.4M | 200x | as long as short |
| Variational Omni SAND | +0.204% | −0.0381% | 8h | $112K | $5K | — | as long as short |
| Gate SAND_USDT | +0.219% | +0.0057% | 8h | $446K | $563K | 75x | as long as short |
| BingX SAND-USDTshort | +0.219% | +0.0100% | 8h | — | $2.4M | — |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended SAND-USD | +0.237% | −0.0088% | 1h | $3K | $194K | 10x | as long as short |
| BloFin SAND-USDT | +0.243% | +0.0036% | 8h | $323K | $281K | 75x | as long as short |
| Aster SANDUSDT | +0.303% | +0.0006% | 8h | $13K | $28K | 10x | as long as short |
| Kraken Futures PF_SANDUSD | +0.422% | +0.0266% | 1h | $151K | $99K | 25x | as long as short |
| Injective SAND/USDC PERP | +0.462% | +0.0033% | 1h | $757 | $13K | 5.5x | as long as short |