Funding you earn now, next payment 00:00 UTC−0.0270%/8h= −29.5% APRnext payment −$2.70 per $10,000 · paid last 24h −0.077%
Price spread now: Variational Omni against Gate−0.134%7-day average −0.054% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.244%−$24 on $10k
+Price spread, last 3 days (all we have)+0.111%+$11 · spread now −0.134%, 7d avg −0.054%
=Together, before fees−0.133%+ Points / potential airdropVariational Omni: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Variational Omni is 0.080% cheaper against Gate than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.054%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SAND_USDT | 0.04193 | 0.0100 | pay 0.0100% / 8h | 50m 26s | $466K | $553K | 75x |
| Short | Variational Omni SAND | 0.04187 | −0.0170 | pay 0.0170% / 8h | 50m 26s | $114K | $4K | — |
Gate SAND_USDT
Variational Omni SANDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$56.61
- Price spread: −0.134% → −0.054%
- −$8.02
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$79.63
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 26 min ago; Variational Omni: RFQ quote, 28 min ago. 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, 26 min ago | 2.40 bp | 32.7 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 28 min ago | 6.00 bp | doesn't fit | 25.2 bp −$252 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SAND | −0.0292% | 1h | 0.04189 | −0.091% | $577K | $450K | 5x | as long as short |
| Variational Omni SANDshort | −0.0170% | 8h | 0.04187 | −0.134% | $114K | $4K | — | |
| Kraken Futures PF_SANDUSD | −0.0139% | 1h | 0.04195 | +0.040% | $154K | $105K | 25x | as long as short |
| Aster SANDUSDT | −0.0061% | 8h | 0.04192 | −0.015% | $14K | $18K | 10x | as long as short |
| Bitget SANDUSDT | −0.0004% | 8h | 0.04188 | −0.119% | $1.7M | $539K | 10x | as long as short |
| KuCoin SANDUSDTM | +0.0006% | 8h | 0.04187 | −0.143% | $2.6M | $383K | 50x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.526% | $757 | $795 | 5.5x | as long as short |
| Extended SAND-USD | +0.0040% | 1h | 0.04192 | −0.020% | $3K | $194K | 10x | as long as short |
| MEXC SAND_USDT | +0.0041% | 8h | 0.04193 | 0.000% | $11.7M | $1.7M | 200x | as long as short |
| Binance SANDUSDT | +0.0044% | 8h | 0.04193 | 0.000% | $6.6M | $12.4M | 75x | as long as short |
Hyperliquid SAND
Kraken Futures PF_SANDUSD
Aster SANDUSDT
Bitget SANDUSDT
KuCoin SANDUSDTM
Injective SAND/USDC PERP
Extended SAND-USD
MEXC SAND_USDT
Binance SANDUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAND-USDT | +0.0060% | 8h | 0.04194 | +0.024% | $323K | $294K | 75x | as long as short |
| Bybit SANDUSDT | +0.0100% | 8h | 0.04190 | −0.072% | $3.4M | $3.3M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04194 | +0.024% | $1.8M | $3.4M | 50x | as long as short |
| Gate SAND_USDTlong | +0.0100% | 8h | 0.04193 | long leg | $466K | $553K | 75x | |
| BingX SAND-USDT | +0.0100% | 8h | 0.04192 | −0.024% | — | $2.4M | — | as long as short |
BloFin SAND-USDT
Bybit SANDUSDT
OKX SAND-USDT-SWAP
BingX SAND-USDT