After costs, if the gap returns to its 7d average, $10k−$93
spread now−0.152%7d average−0.071%fees + slippage, in and out−$85spread needed0.847%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SANDUSD | 0.04160 | −0.0124 | get 0.0016% / 1h | 35m 44s | $153K | $114K | 25x |
| Short | OKX SAND-USDT-SWAP | 0.04154 | 0.0100 | get 0.0100% / 8h | 35m 44s | $1.8M | $3.1M | 50x |
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
- −$15.22
- Funding while held
- $6.72
- Slippage, 4 orders
- −$64.75
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$93.24
- Spread needed to break even
- 0.847%
Slippage from Kraken Futures: live order book, 13 min ago; OKX: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0224%
- Per $10,000 a day
- +$6.72
- 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, 13 min ago | 4.76 bp | 22.0 bp −$22 | 87.3 bp −$873 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.41 bp | 17.6 bp −$18 | 53.5 bp −$535 | doesn't fit | doesn't fit |
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 PERP | −0.753% | +0.0033% | 1h | $757 | $48K | 5.5x | as long as short |
| Variational Omni SAND | −0.258% | −0.0340% | 8h | $113K | $5K | — | as long as short |
| Gate SAND_USDT | −0.224% | +0.0067% | 8h | $441K | $578K | 75x | as long as short |
| Bybit SANDUSDT | −0.176% | +0.0030% | 8h | $3.3M | $3.2M | 75x | as long as short |
| OKX SAND-USDT-SWAPshort | −0.152% | +0.0100% | 8h | $1.8M | $3.1M | 50x | |
| Bitget SANDUSDT | −0.104% | −0.0257% | 8h | $1.7M | $544K | 10x | as long as short |
| BingX SAND-USDT | −0.104% | +0.0100% | 8h | — | $2.4M | — | as long as short |
| Hyperliquid SAND | −0.080% | +0.0100% | 1h | $565K | $394K | 5x | as long as short |
| KuCoin SANDUSDTM | −0.080% | +0.0100% | 8h | $2.7M | $235K | 50x | as long as short |
| Extended SAND-USD | −0.076% | −0.0120% | 1h | $3K | $194K | 10x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin SAND-USDT | −0.032% | +0.0002% | 8h | $334K | $240K | 75x | as long as short |
| Kraken Futures PF_SANDUSDlong | 0.000% | −0.0124% | 1h | $153K | $114K | 25x | |
| Binance SANDUSDT | +0.004% | −0.0121% | 8h | $6.5M | $12.6M | 75x | as long as short |
| MEXC SAND_USDT | +0.040% | −0.0119% | 8h | $11.0M | $1.6M | 200x | as long as short |
| Aster SANDUSDT | +0.881% | +0.0002% | 8h | $14K | $28K | 10x | as long as short |
Kraken Futures PF_SANDUSD
OKX SAND-USDT-SWAP
Injective
Variational Omni
Gate
Bybit
Bitget
BingX
Hyperliquid
KuCoin
Extended
BloFin
Binance
MEXC
Aster