Spread before costs (cost unknown: a leg has no order-book sample)−0.269%
7d average−0.128%if it closes, per $10,000$27funding while held, a day+$0.59
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SANDUSD | 0.04139 | 0.0080 | pay 0.0010% / 1h | 32m 10s | $151K | $99K | 25x |
| Short | Hyperliquid SAND | 0.04128 | 0.0100 | get 0.0013% / 1h | 32m 10s | $569K | $430K | 5x |
Kraken Futures PF_SANDUSD
Hyperliquid SANDPrice 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
- −$26.85
- Funding while held
- $0.59
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$45.26
- Spread needed to break even
- 0.190%
Slippage unknown: Kraken Futures: live order book, 7 min ago; Hyperliquid: live order book, 39 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0020%
- Per $10,000 a day
- +$0.59
- 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, 7 min ago | 4.83 bp | 26.4 bp −$26 | 82.0 bp −$820 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 39 min ago | 1.32 bp | 7.1 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
SAND price on every exchange
against the cheapest. Click to use as the short leg.KuCoin0.04121cheapestBitget0.04124+0.073%
KuCoin
BitgetHyperliquid0.04128+0.170%
Gate0.04128+0.170%Injective0.04129+0.194%BloFin0.04129+0.194%Extended0.04130+0.208%Binance0.04130+0.218%Bybit0.04130+0.218%Variational Omni0.04131+0.238%MEXC0.04131+0.243%BingX0.04132+0.267%OKX0.04133+0.291%Aster0.04133+0.303%
Gate
Injective
BloFin
Extended
Binance
Bybit
Variational Omni
MEXC
BingX
OKX
AsterKraken Futures0.04139+0.440%
SAND on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin SANDUSDTM | −0.438% | +0.0031% | 8h | $2.6M | $358K | 50x | as long as short |
| Bitget SANDUSDT | −0.365% | −0.0328% | 8h | $1.7M | $552K | 10x | as long as short |
| Hyperliquid SANDshort | −0.269% | +0.0100% | 1h | $569K | $430K | 5x | |
| Gate SAND_USDT | −0.269% | −0.0151% | 8h | $451K | $563K | 75x | as long as short |
| Injective SAND/USDC PERP | −0.244% | +0.0033% | 1h | $757 | $29K | 5.5x | as long as short |
| BloFin SAND-USDT | −0.244% | +0.0009% | 8h | $325K | $281K | 75x | as long as short |
| Extended SAND-USD | −0.231% | −0.0112% | 1h | $3K | $194K | 10x | as long as short |
| Binance SANDUSDT | −0.220% | −0.0111% | 8h | $6.4M | $12.3M | 75x | as long as short |
| Bybit SANDUSDT | −0.220% | −0.0073% | 8h | $3.3M | $3.2M | 75x | as long as short |
| Variational Omni SAND | −0.201% | −0.0428% | 8h | $113K | $5K | — | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC SAND_USDT | −0.196% | −0.0110% | 8h | $10.8M | $1.4M | 200x | as long as short |
| BingX SAND-USDT | −0.172% | +0.0100% | 8h | — | $2.4M | — | as long as short |
| OKX SAND-USDT-SWAP | −0.148% | +0.0100% | 8h | $1.8M | $3.2M | 50x | as long as short |
| Aster SANDUSDT | −0.136% | +0.0022% | 8h | $13K | $27K | 10x | as long as short |
| Kraken Futures PF_SANDUSDlong | 0.000% | +0.0080% | 1h | $151K | $99K | 25x |