data as of
Settings8H · net · $10k
Price arb /

SAND

all SAND markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.330%
7d average+0.128%if it closes, per $10,000$33funding while held, a day−$0.59
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SAND0.041260.0100pay 0.0013% / 1h32m 20s$568K$430K5x
ShortKraken Futures PF_SANDUSD0.041390.0080get 0.0010% / 1h32m 20s$151K$99K25x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$33
Funding while held
−$0.59
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$13.41
Spread needed to break even
0.190%
Slippage unknown: Hyperliquid: live order book, 39 min ago; Kraken Futures: live order book, 6 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0020%
Per $10,000 a day
$0.59
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 39 min ago1.32 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 6 min ago4.83 bp19.9 bp −$2061.9 bp −$619doesn't fitdoesn't fit

SAND price on every exchange

against the cheapest. Click to use as the short leg.

SAND on 15 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin SANDUSDTM−0.109%+0.0031%8h$2.6M$358K50xas long as short
Bitget SANDUSDT−0.061%−0.0328%8h$1.7M$552K10xas long as short
Hyperliquid SANDlong0.000%+0.0100%1h$568K$430K5x
MEXC SAND_USDT+0.061%−0.0110%8h$10.8M$1.4M200xas long as short
BingX SAND-USDT+0.061%+0.0100%8h$2.4Mas long as short
Bybit SANDUSDT+0.085%−0.0073%8h$3.3M$3.2M75xas long as short
Gate SAND_USDT+0.085%−0.0151%8h$451K$563K75xas long as short
Injective SAND/USDC PERP+0.085%+0.0033%1h$757$29K5.5xas long as short
BloFin SAND-USDT+0.085%+0.0009%8h$325K$281K75xas long as short
Extended SAND-USD+0.099%−0.0112%1h$3K$194K10xas long as short
Show all 15 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Binance SANDUSDT+0.109%−0.0111%8h$6.4M$12.3M75xas long as short
Variational Omni SAND+0.129%−0.0428%8h$113K$5Kas long as short
Aster SANDUSDT+0.166%+0.0022%8h$13K$27K10xas long as short
OKX SAND-USDT-SWAP+0.182%+0.0100%8h$1.8M$3.2M50xas long as short
Kraken Futures PF_SANDUSDshort+0.330%+0.0080%1h$151K$99K25x