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)+0.091%
7d average+0.022%if it closes, per $10,000$9funding while held, a day−$6.39
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SAND0.041650.0100pay 0.0013% / 1h50m 23s$578K$354K5x
ShortMEXC SAND_USDT0.04169−0.0113pay 0.0113% / 8h1h 50m$11.2M$1.6M200x

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
$9.12
Funding while held
−$6.39
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$10.27
Spread needed to break even
0.130%
Slippage unknown: Hyperliquid: live order book, 51 min ago; MEXC: live order book, 4 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0213%
Per $10,000 a day
$6.39
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, 51 min ago1.31 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago2.41 bp9.2 bp −$919.9 bp −$19981.6 bp −$8,164150.7 bp −$75.4K

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
Injective SAND/USDC PERP−0.869%+0.0033%1h$757$74K5.5xas long as short
Variational Omni SAND−0.462%−0.0223%8h$113K$5Kas long as short
BloFin SAND-USDT−0.269%+0.0007%8h$332K$239K75xas long as short
Gate SAND_USDT−0.101%−0.0001%8h$445K$540K75xas long as short
KuCoin SANDUSDTM−0.077%+0.0100%8h$2.7M$233K50xas long as short
BingX SAND-USDT−0.077%+0.0100%8h$2.5Mas long as short
Aster SANDUSDT−0.069%−0.0105%8h$13K$29K10xas long as short
Bitget SANDUSDT−0.005%−0.0044%8h$1.7M$516K10xas long as short
Hyperliquid SANDlong0.000%+0.0100%1h$578K$354K5x
Bybit SANDUSDT+0.019%+0.0100%8h$3.3M$3.1M75xas long as short
Show all 15 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX SAND-USDT-SWAP+0.067%+0.0100%8h$1.8M$3.1M50xas long as short
MEXC SAND_USDTshort+0.091%−0.0113%8h$11.2M$1.6M200x
Extended SAND-USD+0.103%−0.0112%1h$3K$194K10xas long as short
Binance SANDUSDT+0.115%−0.0111%8h$6.4M$12.5M75xas long as short
Kraken Futures PF_SANDUSD+0.155%+0.0363%1h$154K$113K25xas long as short