Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.042%
Price spread now: OKX against Injective+1.066%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 1.066% dearer against Injective than usual: you sell high and buy low: +$107 more if the spread goes back to zero (this spread has no 7-day history yet).
| 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 | 29m 04s | $757 | $795 | 5.5x |
| Short | OKX SAND-USDT-SWAP | 0.04173 | 0.0100 | get 0.0100% / 8h | 7h 29m | $1.7M | $3.2M | 50x |
Injective SAND/USDC PERP
OKX SAND-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Injective. 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
- $14
- Price spread: +1.066% → 0.000%
- $106.56
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $110.54
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; OKX: live order book, 3 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 Injective no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 3 min ago | 1.20 bp | 20.2 bp −$20 | 63.9 bp −$639 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SANDUSD | −0.0763% | 1h | 0.04175 | +1.126% | $155K | $119K | 25x | as long as short |
| Variational Omni SAND | −0.0256% | 8h | 0.04168 | +0.941% | $114K | $5K | — | as long as short |
| Aster SANDUSDT | −0.0134% | 8h | 0.04170 | +0.996% | $14K | $17K | 10x | as long as short |
| Hyperliquid SAND | −0.0087% | 1h | 0.04167 | +0.930% | $574K | $454K | 5x | as long as short |
| Bybit SANDUSDT | −0.0052% | 8h | 0.04168 | +0.945% | $3.4M | $3.4M | 75x | as long as short |
| KuCoin SANDUSDTM | −0.0042% | 8h | 0.04168 | +0.945% | $2.6M | $373K | 50x | as long as short |
| Bitget SANDUSDT | −0.0039% | 8h | 0.04166 | +0.896% | $1.7M | $570K | 10x | as long as short |
| BloFin SAND-USDT | −0.0034% | 8h | 0.04170 | +0.993% | $319K | $291K | 75x | as long as short |
| Extended SAND-USD | −0.0024% | 1h | 0.04168 | +0.946% | $5K | $173K | 10x | as long as short |
| Binance SANDUSDT | −0.0023% | 8h | 0.04171 | +1.017% | $6.5M | $12.2M | 75x | as long as short |
Kraken Futures PF_SANDUSD
Variational Omni SAND
Aster SANDUSDT
Hyperliquid SAND
Bybit SANDUSDT
KuCoin SANDUSDTM
Bitget SANDUSDT
BloFin SAND-USDT
Extended SAND-USD
Binance SANDUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SAND_USDT | −0.0022% | 8h | 0.04170 | +0.993% | $11.6M | $1.8M | 200x | as long as short |
| Injective SAND/USDC PERPlong | +0.0033% | 1h | 0.04129 | long leg | $757 | $795 | 5.5x | |
| OKX SAND-USDT-SWAPshort | +0.0100% | 8h | 0.04173 | +1.066% | $1.7M | $3.2M | 50x | |
| Gate SAND_USDT | +0.0100% | 8h | 0.04174 | +1.090% | $501K | $579K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04169 | +0.969% | — | $2.4M | — | as long as short |
MEXC SAND_USDT
Gate SAND_USDT
BingX SAND-USDT