After costs, if the gap returns to its 7d average, $10k−$30
spread now+0.097%7d average0.000%fees + slippage, in and out−$40spread needed0.395%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SAND-USDT | 0.04143 | −0.0059 | get 0.0059% / 8h | 5h 09m | $324K | $295K | 75x |
| Short | MEXC SAND_USDT | 0.04147 | −0.0053 | pay 0.0053% / 8h | 5h 09m | $10.7M | $1.4M | 200x |
BloFin SAND-USDT
MEXC SAND_USDTPrice 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
- $9.65
- Funding while held
- $0.17
- Slippage, 4 orders
- −$23.52
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$29.69
- Spread needed to break even
- 0.395%
Slippage from BloFin: live order book, 22 min ago; MEXC: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0006%
- Per $10,000 a day
- +$0.17
- 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 BloFin live order book, 22 min ago | 4.84 bp | 10.8 bp −$11 | 17.7 bp −$177 | 91.6 bp −$9,157 | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.21 bp | 9.0 bp −$9 | 19.2 bp −$192 | 75.8 bp −$7,580 | 198.1 bp −$99.1K |
SAND price on every exchange
against the cheapest. Click to use as the short leg.Injective0.04129cheapestKuCoin0.04139+0.242%Bitget0.04141+0.291%Variational Omni0.04142+0.307%
Injective
KuCoin
Bitget
Variational OmniBloFin0.04143+0.339%
Hyperliquid0.04145+0.385%Extended0.04146+0.402%Gate0.04146+0.412%Aster0.04147+0.432%Bybit0.04147+0.436%OKX0.04147+0.436%
Hyperliquid
Extended
Gate
Aster
Bybit
OKXMEXC0.04147+0.436%
Binance0.04148+0.460%BingX0.04149+0.484%Kraken Futures0.04152+0.549%
Binance
BingX
Kraken FuturesSAND on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SAND/USDC PERP | −0.338% | +0.0033% | 1h | $757 | $13K | 5.5x | as long as short |
| KuCoin SANDUSDTM | −0.097% | +0.0019% | 8h | $2.6M | $352K | 50x | as long as short |
| Bitget SANDUSDT | −0.048% | −0.0244% | 8h | $1.7M | $551K | 10x | as long as short |
| Variational Omni SAND | −0.032% | −0.0311% | 8h | $113K | $5K | — | as long as short |
| BloFin SAND-USDTlong | 0.000% | −0.0059% | 8h | $324K | $295K | 75x | |
| Hyperliquid SAND | +0.046% | +0.0100% | 1h | $577K | $434K | 5x | as long as short |
| Extended SAND-USD | +0.062% | −0.0056% | 1h | $3K | $194K | 10x | as long as short |
| Gate SAND_USDT | +0.072% | +0.0100% | 8h | $449K | $570K | 75x | as long as short |
| Aster SANDUSDT | +0.092% | −0.0001% | 8h | $14K | $28K | 10x | as long as short |
| Bybit SANDUSDT | +0.097% | +0.0100% | 8h | $3.3M | $3.1M | 75x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX SAND-USDT-SWAP | +0.097% | +0.0100% | 8h | $1.8M | $3.2M | 50x | as long as short |
| MEXC SAND_USDTshort | +0.097% | −0.0053% | 8h | $10.7M | $1.4M | 200x | |
| Binance SANDUSDT | +0.121% | −0.0053% | 8h | $6.4M | $12.2M | 75x | as long as short |
| BingX SAND-USDT | +0.145% | +0.0100% | 8h | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.209% | +0.0264% | 1h | $153K | $92K | 25x | as long as short |