Spread before costs (cost unknown: a leg has no order-book sample)+0.945%
7d average—if it closes, per $10,000$94funding while held, a day+$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SAND/USDC PERP | 0.04129 | 0.0033 | pay 0.0004% / 1h | 50m 08s | $757 | $74K | 5.5x |
| Short | Bybit SANDUSDT | 0.04168 | 0.0100 | get 0.0100% / 8h | 1h 50m | $3.3M | $3.1M | 75x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 1.21 bp | 13.7 bp −$14 | 50.1 bp −$501 | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SAND/USDC PERPlong | 0.000% | +0.0033% | 1h | $757 | $74K | 5.5x | |
| Variational Omni SAND | +0.410% | −0.0223% | 8h | $113K | $5K | — | as long as short |
| BloFin SAND-USDT | +0.605% | +0.0007% | 8h | $332K | $239K | 75x | as long as short |
| BingX SAND-USDT | +0.799% | +0.0100% | 8h | — | $2.5M | — | as long as short |
| Gate SAND_USDT | +0.823% | −0.0001% | 8h | $445K | $540K | 75x | as long as short |
| Bitget SANDUSDT | +0.823% | −0.0044% | 8h | $1.7M | $516K | 10x | as long as short |
| Aster SANDUSDT | +0.839% | −0.0105% | 8h | $14K | $29K | 10x | as long as short |
| KuCoin SANDUSDTM | +0.920% | +0.0100% | 8h | $2.7M | $233K | 50x | as long as short |
| Bybit SANDUSDTshort | +0.945% | +0.0100% | 8h | $3.3M | $3.1M | 75x | |
| OKX SAND-USDT-SWAP | +0.945% | +0.0100% | 8h | $1.8M | $3.1M | 50x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended SAND-USD | +0.981% | −0.0112% | 1h | $3K | $194K | 10x | as long as short |
| Hyperliquid SAND | +0.995% | +0.0100% | 1h | $578K | $354K | 5x | as long as short |
| Kraken Futures PF_SANDUSD | +1.033% | +0.0363% | 1h | $154K | $113K | 25x | as long as short |
| MEXC SAND_USDT | +1.041% | −0.0113% | 8h | $11.2M | $1.6M | 200x | as long as short |
| Binance SANDUSDT | +1.055% | −0.0111% | 8h | $6.4M | $12.5M | 75x | as long as short |
Injective SAND/USDC PERP
Bybit SANDUSDT
Variational Omni
BloFin
BingX
Gate
Bitget
Aster
KuCoin
OKX
Extended
Hyperliquid
Kraken Futures
MEXC
Binance