After costs, if the gap returns to its 7d average, $10k−$96
spread now−0.119%7d average−0.048%fees + slippage, in and out−$89spread needed0.886%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SAND_USDT | 0.04207 | 0.0055 | pay 0.0055% / 8h | 1h 06m | $465K | $560K | 75x |
| Short | Bybit SANDUSDT | 0.04202 | 0.0089 | get 0.0089% / 8h | 1h 06m | $3.3M | $3.1M | 75x |
Gate SAND_USDT
Bybit SANDUSDTPrice 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
- −$11.88
- Funding while held
- $1.01
- Slippage, 4 orders
- −$62.58
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$99.46
- Spread needed to break even
- 0.886%
Slippage from Gate: live order book, 46 min ago; Bybit: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0034%
- Per $10,000 a day
- +$1.01
- 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 Gate live order book, 46 min ago | 2.41 bp | 32.2 bp −$32 | 347.2 bp −$3,472 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.38 bp | 16.8 bp −$17 | 47.6 bp −$476 | doesn't fit | doesn't fit |
SAND price on every exchange
against the cheapest. Click to use as the short leg.Injective0.04129cheapestVariational Omni0.04182+1.286%KuCoin0.04199+1.695%Bitget0.04199+1.695%
Injective
Variational Omni
KuCoin
BitgetBybit0.04202+1.768%
Extended0.04204+1.812%Hyperliquid0.04204+1.814%Binance0.04204+1.818%MEXC0.04205+1.841%BloFin0.04205+1.841%Aster0.04207+1.883%OKX0.04207+1.889%
Extended
Hyperliquid
Binance
MEXC
BloFin
Aster
OKXGate0.04207+1.889%
BingX0.04207+1.889%Kraken Futures0.04209+1.948%
BingX
Kraken FuturesSAND on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SAND/USDC PERP | −1.854% | +0.0033% | 1h | $757 | $74K | 5.5x | as long as short |
| Variational Omni SAND | −0.592% | −0.0282% | 8h | $114K | $5K | — | as long as short |
| KuCoin SANDUSDTM | −0.190% | +0.0100% | 8h | $2.7M | $235K | 50x | as long as short |
| Bitget SANDUSDT | −0.190% | −0.0197% | 8h | $1.8M | $525K | 10x | as long as short |
| Bybit SANDUSDTshort | −0.119% | +0.0089% | 8h | $3.3M | $3.1M | 75x | |
| Extended SAND-USD | −0.076% | −0.0120% | 1h | $3K | $194K | 10x | as long as short |
| Hyperliquid SAND | −0.074% | −0.0019% | 1h | $587K | $361K | 5x | as long as short |
| Binance SANDUSDT | −0.070% | −0.0119% | 8h | $6.5M | $12.4M | 75x | as long as short |
| MEXC SAND_USDT | −0.048% | −0.0122% | 8h | $11.2M | $1.6M | 200x | as long as short |
| BloFin SAND-USDT | −0.048% | −0.0003% | 8h | $331K | $243K | 75x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster SANDUSDT | −0.006% | −0.0067% | 8h | $14K | $29K | 10x | as long as short |
| OKX SAND-USDT-SWAP | 0.000% | +0.0100% | 8h | $1.8M | $3.2M | 50x | as long as short |
| Gate SAND_USDTlong | 0.000% | +0.0055% | 8h | $465K | $560K | 75x | |
| BingX SAND-USDT | 0.000% | +0.0100% | 8h | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.058% | +0.0360% | 1h | $155K | $114K | 25x | as long as short |