Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.062%
Price spread now: Injective against Gate−1.291%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.291% cheaper against Gate than usual: you would sell low and buy high (−$129 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SAND_USDT | 0.04183 | 0.0100 | pay 0.0100% / 8h | 2h 22m | $466K | $574K | 75x |
| Short | Injective SAND/USDC PERP | 0.04129 | 0.0033 | get 0.0004% / 1h | 22m 44s | $757 | $795 | 5.5x |
Gate SAND_USDT
Injective SAND/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −1.291% → 0.000%
- −$129.09
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$158.11
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 63 min ago; Injective: no order-book sample. Net counts fees only.
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, 63 min ago | 2.40 bp | 32.3 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0139% | 8h | 0.04169 | −0.326% | $114K | $5K | — | as long as short |
| Bitget SANDUSDT | −0.0038% | 8h | 0.04175 | −0.191% | $1.7M | $545K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0032% | 8h | 0.04179 | −0.096% | $2.6M | $373K | 50x | as long as short |
| Aster SANDUSDT | +0.0002% | 8h | 0.04179 | −0.094% | $14K | $18K | 10x | as long as short |
| Injective SAND/USDC PERPshort | +0.0033% | 1h | 0.04129 | −1.291% | $757 | $795 | 5.5x | |
| Binance SANDUSDT | +0.0068% | 8h | 0.04177 | −0.143% | $6.5M | $12.3M | 75x | as long as short |
| MEXC SAND_USDT | +0.0069% | 8h | 0.04176 | −0.167% | $11.7M | $1.7M | 200x | as long as short |
| Extended SAND-USD | +0.0072% | 1h | 0.04176 | −0.166% | $3K | $194K | 10x | as long as short |
| BloFin SAND-USDT | +0.0077% | 8h | 0.04177 | −0.143% | $321K | $291K | 75x | as long as short |
| Hyperliquid SAND | +0.0100% | 1h | 0.04174 | −0.208% | $574K | $445K | 5x | as long as short |
Variational Omni SAND
Bitget SANDUSDT
KuCoin SANDUSDTM
Aster SANDUSDT
Binance SANDUSDT
MEXC SAND_USDT
Extended SAND-USD
BloFin SAND-USDT
Hyperliquid SANDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SANDUSDT | +0.0100% | 8h | 0.04176 | −0.167% | $3.3M | $3.2M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04180 | −0.072% | $1.8M | $3.3M | 50x | as long as short |
| Gate SAND_USDTlong | +0.0100% | 8h | 0.04183 | long leg | $466K | $574K | 75x | |
| BingX SAND-USDT | +0.0100% | 8h | 0.04179 | −0.096% | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.0283% | 1h | 0.04180 | −0.079% | $156K | $100K | 25x | as long as short |
Bybit SANDUSDT
OKX SAND-USDT-SWAP
BingX SAND-USDT
Kraken Futures PF_SANDUSD