Funding you earn now, next payment 04:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.018%
Price spread now: BloFin against Extended−0.119%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$550.553% of the position
Funding, last 7 days+0.216%+$22 on $10k
+Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.119%, 7d avg +0.030%
=Together, before fees+0.336%+ Points / potential airdropExtended: Active · farm board+$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.149% cheaper against Extended than usual: you would sell low and buy high (spread −0.119% now, against its 7-day average of +0.030%). If the spread goes back, that is −$15 on $10k: about 50 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.216% in total) that is about 4.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAND-USD | 0.04158 | −0.0144 | get 0.0018% / 1h | 18m 51s | $6K | $178K | 10x |
| Short | BloFin SAND-USDT | 0.04153 | −0.0134 | pay 0.0134% / 8h | 4h 18m | $324K | $199K | 75x |
Extended SAND-USD
BloFin SAND-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $2.08
- Price spread: −0.119% → +0.030%
- −$14.92
- Slippage, 4 orders
- −$38.3
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$68.13
- Costs to cover
- 0.553%
- Break-even
- 235.8 days
Slippage from Extended: live order book, 37 min ago; BloFin: live order book, 16 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, 37 min ago | 2.78 bp | 12.2 bp −$12 | 65.6 bp −$656 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 16 min ago | 1.21 bp | 21.3 bp −$21 | 32.3 bp −$323 | 94.7 bp −$9,467 | doesn't fit |
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 | −0.0328% | 8h | 0.04155 | −0.066% | $114K | $4K | — | as long as short |
| Aster SANDUSDT | −0.0238% | 8h | 0.04163 | +0.130% | $14K | $16K | 10x | as long as short |
| Hyperliquid SAND | −0.0190% | 1h | 0.04156 | −0.050% | $572K | $326K | 5x | as long as short |
| MEXC SAND_USDT | −0.0145% | 8h | 0.04159 | +0.025% | $11.9M | $1.8M | 200x | as long as short |
| Extended SAND-USDlong | −0.0144% | 1h | 0.04158 | long leg | $6K | $178K | 10x | |
| Binance SANDUSDT | −0.0142% | 8h | 0.04158 | +0.001% | $6.6M | $12.4M | 75x | as long as short |
| BloFin SAND-USDTshort | −0.0134% | 8h | 0.04153 | −0.119% | $324K | $199K | 75x | |
| Bitget SANDUSDT | −0.0101% | 8h | 0.04153 | −0.119% | $1.7M | $553K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0069% | 8h | 0.04155 | −0.071% | $2.5M | $367K | 50x | as long as short |
| Gate SAND_USDT | −0.0040% | 8h | 0.04165 | +0.169% | $466K | $632K | 75x | as long as short |
Variational Omni SAND
Aster SANDUSDT
Hyperliquid SAND
MEXC SAND_USDT
Binance SANDUSDT
Bitget SANDUSDT
KuCoin SANDUSDTM
Gate SAND_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SAND-USDT-SWAP | −0.0016% | 8h | 0.04158 | +0.001% | $1.7M | $3.2M | 50x | as long as short |
| BingX SAND-USDT | +0.0015% | 8h | 0.04161 | +0.073% | — | $2.4M | — | as long as short |
| Bybit SANDUSDT | +0.0026% | 8h | 0.04160 | +0.049% | $3.4M | $3.5M | 75x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.697% | $757 | $795 | 5.5x | as long as short |
| Kraken Futures PF_SANDUSD | +0.0497% | 1h | 0.04160 | +0.045% | $155K | $106K | 25x | as long as short |
OKX SAND-USDT-SWAP
BingX SAND-USDT
Bybit SANDUSDT
Injective SAND/USDC PERP
Kraken Futures PF_SANDUSD