Settings8H · net · $10k
Funding arb · Price arb /

SAND

all SAND markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0111%/8h= −12.2% APRnext payment $1.11 per $10,000 · paid last 24h +0.018%
Price spread now: Aster against MEXC+0.072%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.072% dearer against MEXC than usual: you sell high and buy low (spread +0.072% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SAND_USDT0.04159−0.0036get 0.0036% / 8h5h 59m$11.6M$1.7M200x
ShortAster SANDUSDT0.04162−0.0147pay 0.0147% / 8h5h 59m$14K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$23.33
Price spread: +0.072% → 0.000%
$7.21
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$28.11
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 4 min ago; Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago2.41 bp7.6 bp −$814.9 bp −$14976.1 bp −$7,605146.6 bp −$73.3K
Sell Aster no order-book sample
Aster: 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 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SAND−0.0345%8h0.04156−0.066%$114K$4Kas long as short
Hyperliquid SAND−0.0273%1h0.04155−0.106%$576K$358K5xas long as short
Aster SANDUSDTshort−0.0147%8h0.04162+0.072%$14K$16K10x
Bybit SANDUSDT−0.0082%8h0.041590.000%$3.4M$3.4M75xas long as short
Extended SAND-USD−0.0040%1h0.04158−0.024%$3K$173K10xas long as short
MEXC SAND_USDTlong−0.0036%8h0.04159long leg$11.6M$1.7M200x
Binance SANDUSDT−0.0036%8h0.04159−0.004%$6.4M$12.0M75xas long as short
Bitget SANDUSDT−0.0015%8h0.04155−0.096%$1.7M$547K10xas long as short
KuCoin SANDUSDTM+0.0027%8h0.04153−0.144%$2.5M$376K50xas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−0.721%$757$7955.5xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SAND-USDT-SWAP+0.0100%8h0.04161+0.048%$1.7M$3.2M50xas long as short
Gate SAND_USDT+0.0100%8h0.04161+0.048%$459K$613K75xas long as short
BingX SAND-USDT+0.0100%8h0.04162+0.072%$2.4Mas long as short
Kraken Futures PF_SANDUSD+0.0431%1h0.04164+0.115%$155K$104K25xas long as short