After costs, if the gap returns to its 7d average, $10k−$85
spread now+0.097%7d average+0.002%fees + slippage, in and out−$94spread needed0.942%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SAND-USDT-SWAP | 0.04128 | 0.0100 | pay 0.0100% / 8h | 6h 32m | $1.8M | $3.2M | 50x |
| Short | Gate SAND_USDT | 0.04132 | −0.0130 | pay 0.0130% / 8h | 6h 32m | $451K | $563K | 75x |
OKX SAND-USDT-SWAP
Gate SAND_USDTPrice 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
- $9.69
- Funding while held
- −$6.9
- Slippage, 4 orders
- −$69.16
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$91.37
- Spread needed to break even
- 0.942%
Slippage from OKX: live order book, 1 min ago; Gate: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0230%
- Per $10,000 a day
- −$6.90
- 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 OKX live order book, 1 min ago | 1.21 bp | 17.9 bp −$18 | 185.8 bp −$1,858 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.42 bp | 32.4 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
SAND price on every exchange
against the cheapest. Click to use as the short leg.Bitget0.04123cheapestBybit0.04126+0.073%KuCoin0.04126+0.073%Binance0.04128+0.121%
Bitget
Bybit
KuCoin
BinanceOKX0.04128+0.121%
Hyperliquid0.04129+0.133%Injective0.04129+0.146%BloFin0.04129+0.146%Extended0.04130+0.159%MEXC0.04130+0.170%Variational Omni0.04131+0.189%
Hyperliquid
Injective
BloFin
Extended
MEXC
Variational OmniGate0.04132+0.218%
BingX0.04132+0.218%Aster0.04136+0.309%Kraken Futures0.04137+0.348%
BingX
Aster
Kraken FuturesSAND on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget SANDUSDT | −0.121% | −0.0331% | 8h | $1.7M | $552K | 10x | as long as short |
| Bybit SANDUSDT | −0.048% | −0.0078% | 8h | $3.3M | $3.2M | 75x | as long as short |
| KuCoin SANDUSDTM | −0.048% | +0.0036% | 8h | $2.6M | $358K | 50x | as long as short |
| Binance SANDUSDT | 0.000% | −0.0111% | 8h | $6.4M | $12.3M | 75x | as long as short |
| OKX SAND-USDT-SWAPlong | 0.000% | +0.0100% | 8h | $1.8M | $3.2M | 50x | |
| Hyperliquid SAND | +0.012% | +0.0100% | 1h | $569K | $430K | 5x | as long as short |
| Injective SAND/USDC PERP | +0.024% | +0.0033% | 1h | $757 | $29K | 5.5x | as long as short |
| BloFin SAND-USDT | +0.024% | +0.0009% | 8h | $325K | $281K | 75x | as long as short |
| Extended SAND-USD | +0.038% | −0.0112% | 1h | $3K | $194K | 10x | as long as short |
| MEXC SAND_USDT | +0.048% | −0.0109% | 8h | $10.8M | $1.4M | 200x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni SAND | +0.068% | −0.0428% | 8h | $113K | $5K | — | as long as short |
| Gate SAND_USDTshort | +0.097% | −0.0130% | 8h | $451K | $563K | 75x | |
| BingX SAND-USDT | +0.097% | +0.0100% | 8h | — | $2.4M | — | as long as short |
| Aster SANDUSDT | +0.188% | +0.0022% | 8h | $13K | $27K | 10x | as long as short |
| Kraken Futures PF_SANDUSD | +0.227% | +0.0080% | 1h | $151K | $99K | 25x | as long as short |