Funding you earn now, next payment 06:00 UTC+0.0213%/8h= +23.4% APRpaid last 24h +0.056%
Price spread now: Injective against KuCoin−2.156%70s7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. Injective is 2.156% cheaper against KuCoin than usual: you would sell low and buy high (spread −2.156% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$216 on $10k: about 34 days of funding at the current rate (+$6 a day). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SANDUSDTM | 0.04220 | −0.0180 | get 0.0180% / 8h | 2h 02m | $2.6M | $363K | 50x |
| Short | Injective SAND/USDC PERP | 0.04129 | 0.0033 | get 0.0004% / 1h | 2m 02s | $757 | $795 | 5.5x |
KuCoin SANDUSDTM
Injective SAND/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against KuCoin. 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
- $44.8
- Price spread: −2.156% → 0.000%
- −$215.64
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$182.86
- Costs to cover
- 0.120%
- Break-even
- 35.6 days
Slippage unknown: KuCoin: live order book, 5 min ago; Injective: no order-book sample. 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 KuCoin live order book, 5 min ago | 13.06 bp | 52.6 bp −$53 | 183.5 bp −$1,835 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SAND | −0.0520% | 1h | 0.04222 | +0.036% | $586K | $328K | 5x | as long as short |
| Aster SANDUSDT | −0.0364% | 8h | 0.04223 | +0.080% | $14K | $16K | 10x | as long as short |
| Variational Omni SAND | −0.0356% | 8h | 0.04219 | −0.029% | $115K | $4K | — | as long as short |
| Binance SANDUSDT | −0.0275% | 8h | 0.04225 | +0.118% | $6.8M | $12.9M | 75x | as long as short |
| Extended SAND-USD | −0.0272% | 1h | 0.04223 | +0.067% | $6K | $228K | 10x | as long as short |
| MEXC SAND_USDT | −0.0271% | 8h | 0.04225 | +0.118% | $11.4M | $1.9M | 200x | as long as short |
| BloFin SAND-USDT | −0.0246% | 8h | 0.04222 | +0.047% | $327K | $140K | 75x | as long as short |
| Bitget SANDUSDT | −0.0234% | 8h | 0.04230 | +0.237% | $1.7M | $548K | 10x | as long as short |
| KuCoin SANDUSDTMlong | −0.0180% | 8h | 0.04220 | long leg | $2.6M | $363K | 50x | |
| OKX SAND-USDT-SWAP | −0.0165% | 8h | 0.04225 | +0.118% | $1.7M | $3.2M | 50x | as long as short |
Hyperliquid SAND
Aster SANDUSDT
Variational Omni SAND
Binance SANDUSDT
Extended SAND-USD
MEXC SAND_USDT
BloFin SAND-USDT
Bitget SANDUSDT
OKX SAND-USDT-SWAPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SANDUSDT | −0.0041% | 8h | 0.04226 | +0.142% | $3.5M | $3.8M | 75x | as long as short |
| BingX SAND-USDT | −0.0029% | 8h | 0.04226 | +0.142% | — | $2.4M | — | as long as short |
| Gate SAND_USDT | −0.0001% | 8h | 0.04225 | +0.118% | $486K | $672K | 75x | as long as short |
| Injective SAND/USDC PERPshort | +0.0033% | 1h | 0.04129 | −2.156% | $757 | $795 | 5.5x | |
| Kraken Futures PF_SANDUSD | +0.0110% | 1h | 0.04232 | +0.281% | $159K | $104K | 25x | as long as short |
Bybit SANDUSDT
BingX SAND-USDT
Gate SAND_USDT
Kraken Futures PF_SANDUSD