After costs, if the gap returns to its 7d average, $10k−$38
spread now+0.048%7d average+0.013%fees + slippage, in and out−$41spread needed0.410%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SANDUSDT | 0.04187 | 0.0100 | pay 0.0100% / 8h | 1h 34m | $3.3M | $3.1M | 75x |
| Short | MEXC SAND_USDT | 0.04189 | −0.0118 | pay 0.0118% / 8h | 1h 34m | $11.3M | $1.6M | 200x |
Price 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
- $4.78
- Funding while held
- −$6.54
- Slippage, 4 orders
- −$26.04
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$42.8
- Spread needed to break even
- 0.410%
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0218%
- Per $10,000 a day
- −$6.54
- 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, 4 min ago | 1.20 bp | 13.9 bp −$14 | 38.3 bp −$383 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.20 bp | 7.1 bp −$7 | 14.7 bp −$147 | 73.1 bp −$7,313 | 189.6 bp −$94.8K |
SAND price on every exchange
against the cheapest. Click to use as the short leg.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 | −1.385% | +0.0033% | 1h | $757 | $74K | 5.5x | as long as short |
| Variational Omni SAND | −0.180% | −0.0249% | 8h | $114K | $5K | — | as long as short |
| Bitget SANDUSDT | −0.119% | −0.0117% | 8h | $1.8M | $521K | 10x | as long as short |
| Hyperliquid SAND | −0.048% | −0.0089% | 1h | $580K | $356K | 5x | as long as short |
| KuCoin SANDUSDTM | −0.024% | +0.0100% | 8h | $2.7M | $233K | 50x | as long as short |
| BloFin SAND-USDT | −0.024% | +0.0002% | 8h | $328K | $241K | 75x | as long as short |
| Extended SAND-USD | −0.006% | −0.0120% | 1h | $3K | $194K | 10x | as long as short |
| Bybit SANDUSDTlong | 0.000% | +0.0100% | 8h | $3.3M | $3.1M | 75x | |
| Binance SANDUSDT | +0.016% | −0.0118% | 8h | $6.4M | $12.4M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.048% | +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 | |
|---|---|---|---|---|---|---|---|
| MEXC SAND_USDTshort | +0.048% | −0.0118% | 8h | $11.3M | $1.6M | 200x | |
| BingX SAND-USDT | +0.048% | +0.0100% | 8h | — | $2.5M | — | as long as short |
| Aster SANDUSDT | +0.059% | −0.0114% | 8h | $14K | $29K | 10x | as long as short |
| Gate SAND_USDT | +0.119% | +0.0004% | 8h | $466K | $556K | 75x | as long as short |
| Kraken Futures PF_SANDUSD | +0.172% | +0.0361% | 1h | $154K | $113K | 25x | as long as short |
Bybit SANDUSDT
MEXC SAND_USDT
Injective
Variational Omni
Bitget
Hyperliquid
KuCoin
BloFin
Extended
Binance
OKX
BingX
Aster
Gate
Kraken Futures