Funding you earn now, next payment 02:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h −0.008%
Price spread now: Binance against Extended0.000%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$530.531% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now 0.000%, 7d avg +0.034%
=Together, before fees+0.034%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.034% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAND-USD | 0.04165 | −0.0040 | get 0.0005% / 1h | 21m 14s | $6K | $171K | 10x |
| Short | Binance SANDUSDT | 0.04165 | −0.0038 | pay 0.0038% / 8h | 6h 21m | $6.4M | $12.2M | 75x |
Extended SAND-USD
Binance SANDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- $0.43
- Price spread: 0.000% → +0.034%
- −$3.38
- Slippage, 4 orders
- −$38.14
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$56.1
- Costs to cover
- 0.531%
- Break-even
- 928.1 days
Slippage from Extended: live order book, 45 min ago; Binance: live order book, 4 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 Extended live order book, 45 min ago | 2.27 bp | 12.7 bp −$13 | 73.4 bp −$734 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.20 bp | 14.8 bp −$15 | 28.9 bp −$289 | 213.0 bp −$21.3K | doesn't fit |
SAND on 14 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 | −0.0327% | 8h | 0.04167 | +0.047% | $114K | $4K | — | as long as short |
| Aster SANDUSDT | −0.0150% | 8h | 0.04167 | +0.050% | $14K | $17K | 10x | as long as short |
| Bybit SANDUSDT | −0.0073% | 8h | 0.04164 | −0.021% | $3.4M | $3.5M | 75x | as long as short |
| Extended SAND-USDlong | −0.0040% | 1h | 0.04165 | long leg | $6K | $171K | 10x | |
| MEXC SAND_USDT | −0.0040% | 8h | 0.04164 | −0.021% | $11.4M | $1.7M | 200x | as long as short |
| Binance SANDUSDTshort | −0.0038% | 8h | 0.04165 | 0.000% | $6.4M | $12.2M | 75x | |
| Bitget SANDUSDT | −0.0012% | 8h | 0.04166 | +0.027% | $1.7M | $579K | 10x | as long as short |
| KuCoin SANDUSDTM | +0.0007% | 8h | 0.04162 | −0.069% | $2.5M | $375K | 50x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.861% | $757 | $795 | 5.5x | as long as short |
| Hyperliquid SAND | +0.0100% | 1h | 0.04163 | −0.047% | $574K | $361K | 5x | as long as short |
Variational Omni SAND
Aster SANDUSDT
Bybit SANDUSDT
MEXC SAND_USDT
Bitget SANDUSDT
KuCoin SANDUSDTM
Injective SAND/USDC PERP
Hyperliquid SANDShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04162 | −0.069% | $1.7M | $3.2M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04164 | −0.021% | $460K | $625K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04165 | +0.003% | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.0430% | 1h | 0.04169 | +0.094% | $155K | $113K | 25x | as long as short |
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT
Kraken Futures PF_SANDUSD