Funding you earn now, next payment 08:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.41 per $10,000 · paid last 24h +0.043%
Price spread now: KuCoin against Bitget0.000%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1601.602% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now 0.000%, 7d avg +0.048%
=Funding pays, the price is against you. KuCoin is 0.048% cheaper against Bitget than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.048%). If the spread goes back, that is −$5 on $10k: about 3.9 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SANDUSDT | 0.04158 | −0.0232 | get 0.0232% / 8h | 2h 29m | $1.7M | $554K | 10x |
| Short | KuCoin SANDUSDTM | 0.04158 | −0.0191 | pay 0.0191% / 8h | 2h 29m | $2.5M | $353K | 50x |
Bitget SANDUSDT
KuCoin SANDUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $8.61
- Price spread: 0.000% → +0.048%
- −$4.83
- Slippage, 4 orders
- −$136.15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$156.37
- Costs to cover
- 1.602%
- Break-even
- 134.1 days
Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 2 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, 2 min ago | 3.61 bp | 29.1 bp −$29 | 46.0 bp −$460 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 10.83 bp | 51.9 bp −$52 | 153.2 bp −$1,532 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAND | −0.0379% | 8h | 0.04156 | −0.040% | $114K | $4K | — | as long as short |
| Aster SANDUSDT | −0.0359% | 8h | 0.04169 | +0.254% | $14K | $16K | 10x | as long as short |
| Hyperliquid SAND | −0.0357% | 1h | 0.04158 | −0.002% | $575K | $325K | 5x | as long as short |
| BloFin SAND-USDT | −0.0267% | 8h | 0.04157 | −0.024% | $326K | $137K | 75x | as long as short |
| Binance SANDUSDT | −0.0267% | 8h | 0.04162 | +0.084% | $6.7M | $12.7M | 75x | as long as short |
| Extended SAND-USD | −0.0264% | 1h | 0.04163 | +0.117% | $3K | $225K | 10x | as long as short |
| MEXC SAND_USDT | −0.0263% | 8h | 0.04157 | −0.024% | $11.3M | $1.9M | 200x | as long as short |
| Bitget SANDUSDTlong | −0.0232% | 8h | 0.04158 | long leg | $1.7M | $554K | 10x | |
| KuCoin SANDUSDTMshort | −0.0191% | 8h | 0.04158 | 0.000% | $2.5M | $353K | 50x | |
| OKX SAND-USDT-SWAP | −0.0180% | 8h | 0.04155 | −0.072% | $1.7M | $3.1M | 50x | as long as short |
Variational Omni SAND
Aster SANDUSDT
Hyperliquid SAND
BloFin SAND-USDT
Binance SANDUSDT
Extended SAND-USD
MEXC SAND_USDT
OKX SAND-USDT-SWAPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SANDUSDT | −0.0064% | 8h | 0.04156 | −0.048% | $3.4M | $3.6M | 75x | as long as short |
| BingX SAND-USDT | −0.0027% | 8h | 0.04159 | +0.024% | — | $2.4M | — | as long as short |
| Gate SAND_USDT | −0.0002% | 8h | 0.04161 | +0.072% | $469K | $653K | 75x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.697% | $757 | $795 | 5.5x | as long as short |
| Kraken Futures PF_SANDUSD | +0.0112% | 1h | 0.04167 | +0.224% | $156K | $104K | 25x | as long as short |
Bybit SANDUSDT
BingX SAND-USDT
Gate SAND_USDT
Injective SAND/USDC PERP
Kraken Futures PF_SANDUSD