Funding you earn now, next payment 22:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.035%
Price spread now: Extended against BloFin−0.036%74s7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$570.567% of the position
Funding, last 7 days−0.220%−$22 on $10k
+Price spread, last 3 days (all we have)+0.035%+$4 · spread now −0.036%, 7d avg −0.033%
=Together, before fees−0.185%+ Points / potential airdropExtended: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SAND-USDT | 0.04156 | 0.0064 | pay 0.0064% / 8h | 1h 59m | $323K | $291K | 75x |
| Short | Extended SAND-USD | 0.04154 | 0.0032 | get 0.0004% / 1h | 59m 43s | $3K | $194K | 10x |
BloFin SAND-USDT
Extended SAND-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BloFin. 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
- −$6.8
- Price spread: −0.036% → −0.033%
- −$0.37
- Slippage, 4 orders
- −$39.69
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$63.86
- Costs to cover
- 0.567%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 20 min ago; Extended: live order book, 22 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 BloFin live order book, 20 min ago | 3.59 bp | 11.7 bp −$12 | 16.6 bp −$166 | 83.3 bp −$8,329 | doesn't fit |
| Sell Extended live order book, 22 min ago | 3.47 bp | 14.3 bp −$14 | 78.3 bp −$783 | 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 | −0.0143% | 8h | 0.04152 | −0.088% | $113K | $4K | — | as long as short |
| Hyperliquid SAND | −0.0053% | 1h | 0.04153 | −0.067% | $571K | $446K | 5x | as long as short |
| Aster SANDUSDT | −0.0051% | 8h | 0.04154 | −0.044% | $13K | $18K | 10x | as long as short |
| Bitget SANDUSDT | −0.0041% | 8h | 0.04153 | −0.072% | $1.7M | $545K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0037% | 8h | 0.04154 | −0.048% | $2.6M | $372K | 50x | as long as short |
| Extended SAND-USDshort | +0.0032% | 1h | 0.04154 | −0.036% | $3K | $194K | 10x | |
| Binance SANDUSDT | +0.0032% | 8h | 0.04155 | −0.018% | $6.5M | $12.3M | 75x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.650% | $757 | $795 | 5.5x | as long as short |
| MEXC SAND_USDT | +0.0034% | 8h | 0.04156 | 0.000% | $11.6M | $1.7M | 200x | as long as short |
| BloFin SAND-USDTlong | +0.0064% | 8h | 0.04156 | long leg | $323K | $291K | 75x |
Variational Omni SAND
Hyperliquid SAND
Aster SANDUSDT
Bitget SANDUSDT
KuCoin SANDUSDTM
Binance SANDUSDT
Injective SAND/USDC PERP
MEXC SAND_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SANDUSDT | +0.0100% | 8h | 0.04154 | −0.048% | $3.3M | $3.2M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04157 | +0.024% | $1.8M | $3.3M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04156 | 0.000% | $463K | $578K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04153 | −0.072% | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.0284% | 1h | 0.04166 | +0.245% | $155K | $96K | 25x | as long as short |
Bybit SANDUSDT
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT
Kraken Futures PF_SANDUSD