Funding you earn now, next payment 22:00 UTC−0.0031%/8h= −3.4% APRpaid last 24h +0.039%
Price spread now: Injective against BloFin−0.650%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 0.650% cheaper against BloFin than usual: you would sell low and buy high (−$65 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| 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 | 2h 00m | $323K | $291K | 75x |
| Short | Injective SAND/USDC PERP | 0.04129 | 0.0033 | get 0.0004% / 1h | 0m 18s | $757 | $795 | 5.5x |
BloFin SAND-USDT
Injective SAND/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$6.52
- Price spread: −0.650% → 0.000%
- −$64.97
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$83.51
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 19 min ago; Injective: no order-book sample. 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 BloFin live order book, 19 min ago | 3.59 bp | 11.7 bp −$12 | 16.6 bp −$166 | 83.3 bp −$8,329 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 |
| Aster SANDUSDT | −0.0051% | 8h | 0.04154 | −0.052% | $13K | $18K | 10x | as long as short |
| Bitget SANDUSDT | −0.0041% | 8h | 0.04152 | −0.096% | $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 |
| Hyperliquid SAND | +0.0006% | 1h | 0.04152 | −0.089% | $571K | $446K | 5x | as long as short |
| Extended SAND-USD | +0.0032% | 1h | 0.04155 | −0.036% | $3K | $194K | 10x | as long as short |
| Binance SANDUSDT | +0.0032% | 8h | 0.04155 | −0.024% | $6.5M | $12.3M | 75x | as long as short |
| Injective SAND/USDC PERPshort | +0.0033% | 1h | 0.04129 | −0.650% | $757 | $795 | 5.5x | |
| MEXC SAND_USDT | +0.0034% | 8h | 0.04155 | −0.024% | $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
Aster SANDUSDT
Bitget SANDUSDT
KuCoin SANDUSDTM
Hyperliquid SAND
Extended SAND-USD
Binance SANDUSDT
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 | 0.04155 | −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 | 0.04156 | 0.000% | — | $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