Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: BingX against Gate−0.071%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1041.042% of the position
Funding, last 7 days+0.109%+$11 on $10k
+Price spread, last 4 days (all we have)+0.025%+$2 · spread now −0.071%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.052% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SAND_USDT | 0.04204 | 0.0100 | pay 0.0100% / 8h | 7h 09m | $505K | $588K | 75x |
| Short | BingX SAND-USDT | 0.04201 | 0.0100 | get 0.0100% / 8h | 7h 09m | — | $2.4M | — |
Gate SAND_USDT
BingX SAND-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- Price spread: −0.071% → −0.019%
- −$5.25
- Slippage, 4 orders
- −$79.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$109.49
- Costs to cover
- 1.042%
- Break-even
- never at this rate
Slippage from Gate: live order book, 61 min ago; BingX: live order book, 9 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 Gate live order book, 61 min ago | 3.60 bp | 43.2 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 3.60 bp | 18.4 bp −$18 | 36.0 bp −$360 | 186.6 bp −$18.7K | 785.4 bp −$392.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SANDUSD | −0.0757% | 1h | 0.04210 | +0.133% | $156K | $118K | 25x | as long as short |
| Variational Omni SAND | −0.0295% | 8h | 0.04195 | −0.207% | $115K | $5K | — | as long as short |
| Hyperliquid SAND | −0.0257% | 1h | 0.04197 | −0.171% | $579K | $455K | 5x | as long as short |
| Bybit SANDUSDT | −0.0197% | 8h | 0.04199 | −0.119% | $3.4M | $3.4M | 75x | as long as short |
| Aster SANDUSDT | −0.0136% | 8h | 0.04202 | −0.048% | $14K | $17K | 10x | as long as short |
| BloFin SAND-USDT | −0.0050% | 8h | 0.04192 | −0.285% | $319K | $293K | 75x | as long as short |
| Bitget SANDUSDT | −0.0042% | 8h | 0.04195 | −0.214% | $1.7M | $576K | 10x | as long as short |
| Extended SAND-USD | −0.0032% | 1h | 0.04200 | −0.093% | $4K | $174K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0032% | 8h | 0.04197 | −0.167% | $2.6M | $373K | 50x | as long as short |
| Binance SANDUSDT | −0.0031% | 8h | 0.04202 | −0.048% | $6.5M | $12.2M | 75x | as long as short |
Kraken Futures PF_SANDUSD
Variational Omni SAND
Hyperliquid SAND
Bybit SANDUSDT
Aster SANDUSDT
BloFin SAND-USDT
Bitget SANDUSDT
Extended SAND-USD
KuCoin SANDUSDTM
Binance SANDUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SAND_USDT | −0.0030% | 8h | 0.04200 | −0.095% | $11.7M | $1.8M | 200x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.784% | $757 | $795 | 5.5x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04200 | −0.095% | $1.7M | $3.3M | 50x | as long as short |
| Gate SAND_USDTlong | +0.0100% | 8h | 0.04204 | long leg | $505K | $588K | 75x | |
| BingX SAND-USDTshort | +0.0100% | 8h | 0.04201 | −0.071% | — | $2.4M | — |
MEXC SAND_USDT
Injective SAND/USDC PERP
OKX SAND-USDT-SWAP