After costs, if the gap returns to its 7d average, $10k−$69
spread now+0.200%7d average+0.123%fees + slippage, in and out−$76spread needed0.764%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SANDUSDT | 0.04143 | 0.0100 | pay 0.0100% / 8h | 5h 13m | $3.3M | $3.1M | 75x |
| Short | Kraken Futures PF_SANDUSD | 0.04151 | 0.0264 | get 0.0033% / 1h | 13m 09s | $153K | $95K | 25x |
Bybit SANDUSDT
Kraken Futures PF_SANDUSDPrice 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
- $20.03
- Funding while held
- $4.92
- Slippage, 4 orders
- −$55.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$51.4
- Spread needed to break even
- 0.764%
Slippage from Bybit: live order book, 6 min ago; Kraken Futures: live order book, 21 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0164%
- Per $10,000 a day
- +$4.92
- 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 Bybit live order book, 6 min ago | 1.21 bp | 15.1 bp −$15 | 37.6 bp −$376 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 21 min ago | 2.42 bp | 24.4 bp −$24 | 60.7 bp −$607 | doesn't fit | doesn't fit |
SAND price on every exchange
against the cheapest. Click to use as the short leg.Injective0.04129cheapestKuCoin0.04138+0.218%Bitget0.04141+0.291%
Injective
KuCoin
BitgetBybit0.04143+0.339%
Variational Omni0.04144+0.355%Hyperliquid0.04144+0.356%Extended0.04145+0.381%Binance0.04145+0.388%MEXC0.04145+0.388%OKX0.04146+0.412%BingX0.04146+0.412%BloFin0.04146+0.412%Aster0.04146+0.416%Gate0.04147+0.436%
Variational Omni
Hyperliquid
Extended
Binance
MEXC
OKX
BingX
BloFin
Aster
GateKraken Futures0.04151+0.540%
SAND 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 | −0.121% | +0.0015% | 8h | $2.6M | $352K | 50x | as long as short |
| Bitget SANDUSDT | −0.048% | −0.0245% | 8h | $1.7M | $551K | 10x | as long as short |
| Bybit SANDUSDTlong | 0.000% | +0.0100% | 8h | $3.3M | $3.1M | 75x | |
| Variational Omni SAND | +0.016% | −0.0317% | 8h | $113K | $5K | — | as long as short |
| Hyperliquid SAND | +0.017% | +0.0100% | 1h | $576K | $434K | 5x | as long as short |
| Extended SAND-USD | +0.042% | −0.0056% | 1h | $3K | $194K | 10x | as long as short |
| Binance SANDUSDT | +0.048% | −0.0054% | 8h | $6.4M | $12.3M | 75x | as long as short |
| MEXC SAND_USDT | +0.048% | −0.0053% | 8h | $10.7M | $1.4M | 200x | as long as short |
| OKX SAND-USDT-SWAP | +0.072% | +0.0100% | 8h | $1.8M | $3.2M | 50x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX SAND-USDT | +0.072% | +0.0100% | 8h | — | $2.4M | — | as long as short |
| BloFin SAND-USDT | +0.072% | −0.0076% | 8h | $324K | $295K | 75x | as long as short |
| Aster SANDUSDT | +0.077% | +0.0002% | 8h | $14K | $28K | 10x | as long as short |
| Gate SAND_USDT | +0.097% | +0.0100% | 8h | $451K | $568K | 75x | as long as short |
| Kraken Futures PF_SANDUSDshort | +0.200% | +0.0264% | 1h | $153K | $95K | 25x |