After costs, if the gap returns to its 7d average, $10k−$77
spread now−0.130%7d average−0.124%fees + slippage, in and out−$76spread needed0.761%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SANDUSD | 0.04142 | 0.0080 | pay 0.0010% / 1h | 16m 28s | $152K | $102K | 25x |
| Short | Bybit SANDUSDT | 0.04137 | 0.0036 | get 0.0036% / 8h | 6h 16m | $3.3M | $3.2M | 75x |
Kraken Futures PF_SANDUSD
Bybit SANDUSDTPrice 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
- −$12.95
- Funding while held
- −$1.33
- Slippage, 4 orders
- −$55.06
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$90.34
- Spread needed to break even
- 0.761%
Slippage from Kraken Futures: live order book, 22 min ago; Bybit: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0044%
- Per $10,000 a day
- −$1.33
- 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 Kraken Futures live order book, 22 min ago | 4.83 bp | 26.4 bp −$26 | 82.0 bp −$820 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.42 bp | 17.1 bp −$17 | 47.6 bp −$476 | doesn't fit | doesn't fit |
SAND price on every exchange
against the cheapest. Click to use as the short leg.Injective0.04129cheapestBitget0.04132+0.073%Hyperliquid0.04133+0.087%Variational Omni0.04134+0.130%Binance0.04136+0.170%KuCoin0.04136+0.170%
Injective
Bitget
Hyperliquid
Variational Omni
Binance
KuCoinBybit0.04137+0.194%
OKX0.04137+0.194%Aster0.04138+0.213%MEXC0.04138+0.218%Extended0.04138+0.226%Gate0.04139+0.242%BloFin0.04139+0.242%BingX0.04141+0.291%
OKX
Aster
MEXC
Extended
Gate
BloFin
BingXKraken Futures0.04142+0.324%
SAND on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SAND/USDC PERP | −0.323% | +0.0033% | 1h | $757 | $29K | 5.5x | as long as short |
| Bitget SANDUSDT | −0.250% | −0.0295% | 8h | $1.7M | $561K | 10x | as long as short |
| Hyperliquid SAND | −0.236% | +0.0100% | 1h | $569K | $430K | 5x | as long as short |
| Variational Omni SAND | −0.193% | −0.0401% | 8h | $113K | $5K | — | as long as short |
| Binance SANDUSDT | −0.154% | −0.0090% | 8h | $6.4M | $12.4M | 75x | as long as short |
| KuCoin SANDUSDTM | −0.154% | +0.0028% | 8h | $2.6M | $361K | 50x | as long as short |
| Bybit SANDUSDTshort | −0.130% | +0.0036% | 8h | $3.3M | $3.2M | 75x | |
| OKX SAND-USDT-SWAP | −0.130% | +0.0100% | 8h | $1.8M | $3.2M | 50x | as long as short |
| Aster SANDUSDT | −0.110% | +0.0026% | 8h | $13K | $28K | 10x | as long as short |
| MEXC SAND_USDT | −0.105% | −0.0091% | 8h | $10.8M | $1.4M | 200x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended SAND-USD | −0.097% | −0.0088% | 1h | $3K | $194K | 10x | as long as short |
| Gate SAND_USDT | −0.081% | −0.0021% | 8h | $451K | $566K | 75x | as long as short |
| BloFin SAND-USDT | −0.081% | +0.0028% | 8h | $324K | $282K | 75x | as long as short |
| BingX SAND-USDT | −0.033% | +0.0100% | 8h | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSDlong | 0.000% | +0.0080% | 1h | $152K | $102K | 25x |