After costs, if the gap returns to its 7d average, $10k−$63
spread now+0.121%7d average+0.043%fees + slippage, in and out−$71spread needed0.712%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SANDUSDT | 0.04138 | −0.0253 | get 0.0253% / 8h | 5h 16m | $1.7M | $551K | 10x |
| Short | Bybit SANDUSDT | 0.04143 | 0.0100 | get 0.0100% / 8h | 5h 16m | $3.3M | $3.2M | 75x |
Bitget SANDUSDT
Bybit SANDUSDTPrice 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
- $12.08
- Funding while held
- $10.59
- Slippage, 4 orders
- −$48.16
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$48.49
- Spread needed to break even
- 0.712%
Slippage from Bitget: live order book, 1 min ago; Bybit: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0353%
- Per $10,000 a day
- +$10.59
- 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, 1 min ago | 2.42 bp | 20.2 bp −$20 | 34.6 bp −$346 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.21 bp | 13.7 bp −$14 | 41.1 bp −$411 | doesn't fit | doesn't fit |
SAND price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.04127cheapestInjective0.04129+0.045%KuCoin0.04134+0.166%
Variational Omni
Injective
KuCoinBitget0.04138+0.263%
Aster0.04141+0.333%Gate0.04141+0.336%MEXC0.04141+0.336%BloFin0.04141+0.336%Extended0.04142+0.353%BingX0.04142+0.360%Binance0.04142+0.363%Hyperliquid0.04142+0.372%
Aster
Gate
MEXC
BloFin
Extended
BingX
Binance
HyperliquidBybit0.04143+0.384%
OKX0.04146+0.457%Kraken Futures0.04148+0.494%
OKX
Kraken FuturesSAND on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni SAND | −0.262% | −0.0328% | 8h | $113K | $5K | — | as long as short |
| Injective SAND/USDC PERP | −0.217% | +0.0033% | 1h | $757 | $13K | 5.5x | as long as short |
| KuCoin SANDUSDTM | −0.097% | +0.0013% | 8h | $2.6M | $352K | 50x | as long as short |
| Bitget SANDUSDTlong | 0.000% | −0.0253% | 8h | $1.7M | $551K | 10x | |
| Aster SANDUSDT | +0.070% | −0.0004% | 8h | $13K | $28K | 10x | as long as short |
| Gate SAND_USDT | +0.072% | +0.0100% | 8h | $448K | $565K | 75x | as long as short |
| MEXC SAND_USDT | +0.072% | −0.0061% | 8h | $10.7M | $1.4M | 200x | as long as short |
| BloFin SAND-USDT | +0.072% | −0.0065% | 8h | $324K | $295K | 75x | as long as short |
| Extended SAND-USD | +0.090% | −0.0064% | 1h | $3K | $194K | 10x | as long as short |
| BingX SAND-USDT | +0.097% | +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 | |
|---|---|---|---|---|---|---|---|
| Binance SANDUSDT | +0.100% | −0.0061% | 8h | $6.4M | $12.3M | 75x | as long as short |
| Hyperliquid SAND | +0.109% | +0.0100% | 1h | $576K | $434K | 5x | as long as short |
| Bybit SANDUSDTshort | +0.121% | +0.0100% | 8h | $3.3M | $3.2M | 75x | |
| OKX SAND-USDT-SWAP | +0.193% | +0.0100% | 8h | $1.8M | $3.2M | 50x | as long as short |
| Kraken Futures PF_SANDUSD | +0.230% | +0.0264% | 1h | $152K | $95K | 25x | as long as short |