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)+0.945%
7d averageif it closes, per $10,000$94funding while held, a day+$2.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SAND/USDC PERP0.041290.0033pay 0.0004% / 1h50m 08s$757$74K5.5x
ShortBybit SANDUSDT0.041680.0100get 0.0100% / 8h1h 50m$3.3M$3.1M75x

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
$94.45
Funding while held
$2
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$85.43
Spread needed to break even
0.110%
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0067%
Per $10,000 a day
+$2.00
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 Injective no order-book sample
Sell Bybit live order book, 4 min ago1.21 bp13.7 bp −$1450.1 bp −$501doesn't fitdoesn't fit
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 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 PERPlong0.000%+0.0033%1h$757$74K5.5x
Variational Omni SAND+0.410%−0.0223%8h$113K$5Kas long as short
BloFin SAND-USDT+0.605%+0.0007%8h$332K$239K75xas long as short
BingX SAND-USDT+0.799%+0.0100%8h$2.5Mas long as short
Gate SAND_USDT+0.823%−0.0001%8h$445K$540K75xas long as short
Bitget SANDUSDT+0.823%−0.0044%8h$1.7M$516K10xas long as short
Aster SANDUSDT+0.839%−0.0105%8h$14K$29K10xas long as short
KuCoin SANDUSDTM+0.920%+0.0100%8h$2.7M$233K50xas long as short
Bybit SANDUSDTshort+0.945%+0.0100%8h$3.3M$3.1M75x
OKX SAND-USDT-SWAP+0.945%+0.0100%8h$1.8M$3.1M50xas long as short
Show all 15 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Extended SAND-USD+0.981%−0.0112%1h$3K$194K10xas long as short
Hyperliquid SAND+0.995%+0.0100%1h$578K$354K5xas long as short
Kraken Futures PF_SANDUSD+1.033%+0.0363%1h$154K$113K25xas long as short
MEXC SAND_USDT+1.041%−0.0113%8h$11.2M$1.6M200xas long as short
Binance SANDUSDT+1.055%−0.0111%8h$6.4M$12.5M75xas long as short