Funding you earn now, next payment 08:00 UTC−0.0158%/8h= −17.3% APRnext payment −$1.58 per $10,000 · paid last 24h −0.075%
Price spread now: Variational Omni against MEXC−0.007%7-day average −0.029% · 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)−0.226%−$23 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.007%, 7d avg −0.029%
=Together, before fees−0.230%+ Points / potential airdropVariational Omni: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.022% dearer against MEXC than usual: you sell high and buy low (spread −0.007% now, against its 7-day average of −0.029%): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SAND_USDT | 0.04192 | −0.0211 | get 0.0211% / 8h | 3h 25m | $11.6M | $1.9M | 200x |
| Short | Variational Omni SAND | 0.04192 | −0.0369 | pay 0.0369% / 8h | 3h 25m | $114K | $4K | — |
MEXC SAND_USDT
Variational Omni SANDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against MEXC. 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
- −$33.27
- Price spread: −0.007% → −0.029%
- $2.24
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$35.02
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 3 min ago; Variational Omni: RFQ quote, 28 min ago. 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 MEXC live order book, 3 min ago | 1.19 bp | 8.6 bp −$9 | 17.3 bp −$173 | 77.4 bp −$7,743 | 150.9 bp −$75.5K |
| Sell Variational Omni RFQ quote, 28 min ago | 7.11 bp | doesn't fit | 23.7 bp −$237 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SANDUSD | −0.1117% | 1h | 0.04197 | +0.124% | $157K | $105K | 25x | as long as short |
| Hyperliquid SAND | −0.0545% | 1h | 0.04189 | −0.081% | $577K | $326K | 5x | as long as short |
| Variational Omni SANDshort | −0.0369% | 8h | 0.04192 | −0.007% | $114K | $4K | — | |
| Aster SANDUSDT | −0.0308% | 8h | 0.04197 | +0.131% | $14K | $16K | 10x | as long as short |
| Binance SANDUSDT | −0.0212% | 8h | 0.04192 | 0.000% | $6.7M | $12.4M | 75x | as long as short |
| MEXC SAND_USDTlong | −0.0211% | 8h | 0.04192 | long leg | $11.6M | $1.9M | 200x | |
| Extended SAND-USD | −0.0208% | 1h | 0.04191 | −0.029% | $3K | $195K | 10x | as long as short |
| BloFin SAND-USDT | −0.0207% | 8h | 0.04190 | −0.048% | $327K | $202K | 75x | as long as short |
| Bitget SANDUSDT | −0.0203% | 8h | 0.04193 | +0.024% | $1.7M | $550K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0126% | 8h | 0.04188 | −0.095% | $2.6M | $347K | 50x | as long as short |
Kraken Futures PF_SANDUSD
Hyperliquid SAND
Aster SANDUSDT
Binance SANDUSDT
Extended SAND-USD
BloFin SAND-USDT
Bitget SANDUSDT
KuCoin SANDUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SAND-USDT-SWAP | −0.0099% | 8h | 0.04192 | 0.000% | $1.7M | $3.2M | 50x | as long as short |
| Bybit SANDUSDT | −0.0026% | 8h | 0.04192 | 0.000% | $3.5M | $3.6M | 75x | as long as short |
| BingX SAND-USDT | −0.0020% | 8h | 0.04189 | −0.072% | — | $2.4M | — | as long as short |
| Gate SAND_USDT | +0.0029% | 8h | 0.04194 | +0.048% | $476K | $648K | 75x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.503% | $757 | $795 | 5.5x | as long as short |
OKX SAND-USDT-SWAP
Bybit SANDUSDT
BingX SAND-USDT
Gate SAND_USDT
Injective SAND/USDC PERP