Funding you earn now, next payment 22:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h +0.032%
Price spread now: BingX against Extended+0.034%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$600.595% of the position
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.034%, 7d avg +0.044%
=Together, before fees+0.203%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.044%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAND-USD | 0.04168 | 0.0056 | pay 0.0007% / 1h | 11m 34s | $3K | $194K | 10x |
| Short | BingX SAND-USDT | 0.04169 | 0.0100 | get 0.0100% / 8h | 2h 11m | — | $2.4M | — |
Extended SAND-USD
BingX SAND-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $9.24
- Price spread: +0.034% → +0.044%
- −$0.99
- Slippage, 4 orders
- −$44.54
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$51.29
- Costs to cover
- 0.595%
- Break-even
- 45.9 days
Slippage from Extended: live order book, 10 min ago; BingX: live order book, 7 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, 10 min ago | 3.47 bp | 12.7 bp −$13 | 98.2 bp −$982 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 4.79 bp | 15.1 bp −$15 | 27.0 bp −$270 | 155.1 bp −$15.5K | 651.8 bp −$325.9K |
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 | −0.0137% | 8h | 0.04169 | +0.030% | $114K | $5K | — | as long as short |
| Bitget SANDUSDT | −0.0047% | 8h | 0.04166 | −0.038% | $1.7M | $545K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0028% | 8h | 0.04165 | −0.062% | $2.6M | $371K | 50x | as long as short |
| Aster SANDUSDT | −0.0024% | 8h | 0.04166 | −0.032% | $14K | $18K | 10x | as long as short |
| Hyperliquid SAND | +0.0005% | 1h | 0.04163 | −0.100% | $573K | $446K | 5x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.926% | $757 | $795 | 5.5x | as long as short |
| BloFin SAND-USDT | +0.0036% | 8h | 0.04169 | +0.034% | $323K | $292K | 75x | as long as short |
| Binance SANDUSDT | +0.0051% | 8h | 0.04168 | +0.010% | $6.5M | $12.3M | 75x | as long as short |
| MEXC SAND_USDT | +0.0054% | 8h | 0.04165 | −0.062% | $11.7M | $1.7M | 200x | as long as short |
| Extended SAND-USDlong | +0.0056% | 1h | 0.04168 | long leg | $3K | $194K | 10x |
Variational Omni SAND
Bitget SANDUSDT
KuCoin SANDUSDTM
Aster SANDUSDT
Hyperliquid SAND
Injective SAND/USDC PERP
BloFin SAND-USDT
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 | 0.04165 | −0.062% | $3.3M | $3.2M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04167 | −0.014% | $1.8M | $3.3M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04171 | +0.082% | $465K | $576K | 75x | as long as short |
| BingX SAND-USDTshort | +0.0100% | 8h | 0.04169 | +0.034% | — | $2.4M | — | |
| Kraken Futures PF_SANDUSD | +0.0284% | 1h | 0.04171 | +0.087% | $156K | $100K | 25x | as long as short |
Bybit SANDUSDT
OKX SAND-USDT-SWAP
Gate SAND_USDT
Kraken Futures PF_SANDUSD