Funding you earn now, next payment 08:00 UTC−0.0160%/8h= −17.5% APRnext payment −$1.60 per $10,000 · paid last 24h −0.062%
Price spread now: Variational Omni against Bitget−0.352%7-day average +0.031% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.249%−$25 on $10k
+Price spread, last 4 days (all we have)+0.407%+$41 · spread now −0.352%, 7d avg +0.031%
=Together, before fees+0.158%+ Points / potential airdropVariational Omni: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Variational Omni is 0.383% cheaper against Bitget than usual: you would sell low and buy high (−$38 if the spread goes back to its 7-day average of +0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SANDUSDT | 0.04180 | −0.0224 | get 0.0224% / 8h | 2h 17m | $1.7M | $549K | 10x |
| Short | Variational Omni SAND | 0.04165 | −0.0384 | pay 0.0384% / 8h | 2h 17m | $114K | $4K | — |
Bitget SANDUSDT
Variational Omni SANDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$33.54
- Price spread: −0.352% → +0.031%
- −$38.3
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$83.83
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 4 min ago; Variational Omni: RFQ quote, 31 min ago. Net counts fees only.
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, 4 min ago | 3.60 bp | 20.9 bp −$21 | 27.2 bp −$272 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 31 min ago | 5.95 bp | doesn't fit | 22.6 bp −$226 | 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 SANDshort | −0.0384% | 8h | 0.04165 | −0.352% | $114K | $4K | — | |
| Aster SANDUSDT | −0.0364% | 8h | 0.04186 | +0.135% | $14K | $16K | 10x | as long as short |
| Hyperliquid SAND | −0.0355% | 1h | 0.04176 | −0.086% | $578K | $326K | 5x | as long as short |
| Extended SAND-USD | −0.0272% | 1h | 0.04180 | −0.001% | $3K | $223K | 10x | as long as short |
| Binance SANDUSDT | −0.0271% | 8h | 0.04181 | +0.022% | $6.7M | $12.7M | 75x | as long as short |
| MEXC SAND_USDT | −0.0271% | 8h | 0.04181 | +0.024% | $11.3M | $1.9M | 200x | as long as short |
| BloFin SAND-USDT | −0.0263% | 8h | 0.04182 | +0.048% | $325K | $138K | 75x | as long as short |
| Bitget SANDUSDTlong | −0.0224% | 8h | 0.04180 | long leg | $1.7M | $549K | 10x | |
| KuCoin SANDUSDTM | −0.0191% | 8h | 0.04177 | −0.072% | $2.6M | $354K | 50x | as long as short |
| OKX SAND-USDT-SWAP | −0.0168% | 8h | 0.04181 | +0.024% | $1.7M | $3.2M | 50x | as long as short |
Aster SANDUSDT
Hyperliquid SAND
Extended SAND-USD
Binance SANDUSDT
MEXC SAND_USDT
BloFin SAND-USDT
KuCoin SANDUSDTM
OKX SAND-USDT-SWAPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SANDUSDT | −0.0057% | 8h | 0.04183 | +0.072% | $3.4M | $3.7M | 75x | as long as short |
| BingX SAND-USDT | −0.0039% | 8h | 0.04182 | +0.048% | — | $2.4M | — | as long as short |
| Gate SAND_USDT | −0.0029% | 8h | 0.04182 | +0.048% | $469K | $663K | 75x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.220% | $757 | $795 | 5.5x | as long as short |
| Kraken Futures PF_SANDUSD | +0.0111% | 1h | 0.04198 | +0.434% | $158K | $104K | 25x | as long as short |
Bybit SANDUSDT
BingX SAND-USDT
Gate SAND_USDT
Injective SAND/USDC PERP
Kraken Futures PF_SANDUSD