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

SAND

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h +0.019%
Price spread now: Extended against Bitget+0.069%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$660.656% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.125%−$12 on $10k
Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.069%, 7d avg +0.025%
Together, before fees−0.205%+ Points / potential airdropExtended: Active · farm board−$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.044% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SANDUSDT0.04153−0.0062get 0.0062% / 8h5h 37m$1.7M$546K10x
ShortExtended SAND-USD0.04156−0.0064pay 0.0008% / 1h37m 06s$3K$173K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
−$0.42
Price spread: +0.069% → +0.025%
$4.4
Slippage, 4 orders
−$48.55
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$61.57
Costs to cover
0.656%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Extended: live order book, 24 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 Bitget live order book, 5 min ago2.41 bp19.0 bp −$1938.0 bp −$380doesn't fitdoesn't fit
Sell Extended live order book, 24 min ago3.37 bp13.2 bp −$1376.4 bp −$764doesn'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
Variational Omni SAND−0.0358%8h0.04154+0.029%$114K$4Kas long as short
Hyperliquid SAND−0.0205%1h0.04155+0.058%$574K$344K5xas long as short
Aster SANDUSDT−0.0177%8h0.04160+0.176%$14K$16K10xas long as short
Bybit SANDUSDT−0.0093%8h0.04158+0.120%$3.4M$3.4M75xas long as short
Binance SANDUSDT−0.0067%8h0.04159+0.144%$6.4M$11.8M75xas long as short
Gate SAND_USDT−0.0066%8h0.04156+0.072%$458K$617K75xas long as short
MEXC SAND_USDT−0.0066%8h0.04159+0.144%$11.6M$1.7M200xas long as short
Extended SAND-USDshort−0.0064%1h0.04156+0.069%$3K$173K10x
Bitget SANDUSDTlong−0.0062%8h0.04153long leg$1.7M$546K10x
BloFin SAND-USDT−0.0051%8h0.04158+0.120%$319K$246K75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SANDUSDTM−0.0014%8h0.04151−0.048%$2.5M$373K50xas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−0.578%$757$7955.5xas long as short
OKX SAND-USDT-SWAP+0.0089%8h0.04159+0.144%$1.7M$3.1M50xas long as short
BingX SAND-USDT+0.0095%8h0.04156+0.072%$2.4Mas long as short
Kraken Futures PF_SANDUSD+0.0240%1h0.04166+0.304%$155K$103K25xas long as short