After costs, if the gap returns to its 7d average, $10k−$68
spread now+0.097%7d average+0.071%fees + slippage, in and out−$71spread needed0.709%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SANDUSDT | 0.04129 | −0.0263 | get 0.0263% / 8h | 5h 33m | $1.7M | $553K | 10x |
| Short | OKX SAND-USDT-SWAP | 0.04133 | 0.0100 | get 0.0100% / 8h | 5h 33m | $1.8M | $3.2M | 50x |
Bitget SANDUSDT
OKX SAND-USDT-SWAPPrice 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
- $9.69
- Funding while held
- $10.89
- Slippage, 4 orders
- −$48.9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$50.32
- Spread needed to break even
- 0.709%
Slippage from Bitget: live order book, 5 min ago; OKX: live order book, just now.
Cost of waiting
funding view- Funding /8h
- +0.0363%
- Per $10,000 a day
- +$10.89
- 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 | 2.42 bp | 21.3 bp −$21 | 36.0 bp −$360 | doesn't fit | doesn't fit |
| Sell OKX live order book, just now | 1.21 bp | 11.6 bp −$12 | 41.2 bp −$412 | doesn't fit | doesn't fit |
SAND price on every exchange
against the cheapest. Click to use as the short leg.BloFin0.04128cheapestKuCoin0.04129+0.024%
BloFin
KuCoinBitget0.04129+0.024%
Injective0.04129+0.024%BingX0.04131+0.073%Aster0.04131+0.085%Hyperliquid0.04132+0.094%Bybit0.04132+0.097%Binance0.04132+0.100%
Injective
BingX
Aster
Hyperliquid
Bybit
BinanceOKX0.04133+0.121%
Gate0.04133+0.121%MEXC0.04133+0.121%Extended0.04134+0.138%Variational Omni0.04136+0.185%Kraken Futures0.04140+0.283%
Gate
MEXC
Extended
Variational Omni
Kraken FuturesSAND on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin SAND-USDT | −0.024% | +0.0059% | 8h | $324K | $289K | 75x | as long as short |
| KuCoin SANDUSDTM | 0.000% | +0.0018% | 8h | $2.6M | $352K | 50x | as long as short |
| Bitget SANDUSDTlong | 0.000% | −0.0263% | 8h | $1.7M | $553K | 10x | |
| Injective SAND/USDC PERP | 0.000% | +0.0033% | 1h | $757 | $13K | 5.5x | as long as short |
| BingX SAND-USDT | +0.048% | +0.0100% | 8h | — | $2.4M | — | as long as short |
| Aster SANDUSDT | +0.060% | +0.0003% | 8h | $13K | $28K | 10x | as long as short |
| Hyperliquid SAND | +0.070% | +0.0100% | 1h | $575K | $434K | 5x | as long as short |
| Bybit SANDUSDT | +0.073% | +0.0100% | 8h | $3.3M | $3.2M | 75x | as long as short |
| Binance SANDUSDT | +0.076% | −0.0066% | 8h | $6.4M | $12.3M | 75x | as long as short |
| OKX SAND-USDT-SWAPshort | +0.097% | +0.0100% | 8h | $1.8M | $3.2M | 50x |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate SAND_USDT | +0.097% | +0.0090% | 8h | $447K | $565K | 75x | as long as short |
| MEXC SAND_USDT | +0.097% | −0.0061% | 8h | $10.7M | $1.4M | 200x | as long as short |
| Extended SAND-USD | +0.113% | −0.0064% | 1h | $3K | $194K | 10x | as long as short |
| Variational Omni SAND | +0.161% | −0.0334% | 8h | $113K | $5K | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.258% | +0.0265% | 1h | $152K | $100K | 25x | as long as short |