Spread before costs (cost unknown: a leg has no order-book sample)−0.912%
7d average—if it closes, per $10,000$91funding while held, a day+$3.70
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SAND_USDT | 0.04167 | −0.0090 | get 0.0090% / 8h | 7h 01m | $10.9M | $1.6M | 200x |
| Short | Injective SAND/USDC PERP | 0.04129 | 0.0033 | get 0.0004% / 1h | 1m 04s | $757 | $29K | 5.5x |
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
- −$91.19
- Funding while held
- $3.7
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$91.51
- Spread needed to break even
- 0.040%
Slippage unknown: MEXC: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0123%
- Per $10,000 a day
- +$3.70
- 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 MEXC live order book, 4 min ago | 1.20 bp | 8.7 bp −$9 | 14.7 bp −$147 | 72.3 bp −$7,230 | 182.0 bp −$91.0K |
| 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 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 PERPshort | −0.912% | +0.0033% | 1h | $757 | $29K | 5.5x | |
| Bybit SANDUSDT | −0.072% | −0.0106% | 8h | $3.3M | $3.2M | 75x | as long as short |
| KuCoin SANDUSDTM | −0.048% | +0.0088% | 8h | $2.6M | $378K | 50x | as long as short |
| BloFin SAND-USDT | −0.048% | +0.0027% | 8h | $326K | $250K | 75x | as long as short |
| Extended SAND-USD | −0.028% | −0.0096% | 1h | $3K | $194K | 10x | as long as short |
| Hyperliquid SAND | −0.024% | +0.0100% | 1h | $577K | $427K | 5x | as long as short |
| OKX SAND-USDT-SWAP | −0.024% | +0.0100% | 8h | $1.8M | $3.2M | 50x | as long as short |
| Binance SANDUSDT | −0.013% | −0.0093% | 8h | $6.5M | $12.3M | 75x | as long as short |
| MEXC SAND_USDTlong | 0.000% | −0.0090% | 8h | $10.9M | $1.6M | 200x | |
| Variational Omni SAND | +0.051% | −0.0431% | 8h | $114K | $5K | — | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget SANDUSDT | +0.072% | −0.0327% | 8h | $1.7M | $549K | 10x | as long as short |
| BingX SAND-USDT | +0.120% | +0.0100% | 8h | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.156% | −0.0252% | 1h | $152K | $102K | 25x | as long as short |
| Gate SAND_USDT | +0.168% | +0.0061% | 8h | $447K | $555K | 75x | as long as short |
| Aster SANDUSDT | +0.171% | +0.0082% | 8h | $14K | $28K | 10x | as long as short |
MEXC SAND_USDT
Injective SAND/USDC PERP
Bybit
KuCoin
BloFin
Extended
Hyperliquid
OKX
Binance
Variational Omni
Bitget
BingX
Kraken Futures
Gate
Aster