After costs, if the gap returns to its 7d average, $10k−$56
spread now−0.073%7d average−0.014%fees + slippage, in and out−$50spread needed0.502%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SAND-USDT-SWAP | 0.04110 | 0.0100 | pay 0.0100% / 8h | 6h 03m | $1.7M | $3.2M | 50x |
| Short | MEXC SAND_USDT | 0.04107 | −0.0094 | pay 0.0094% / 8h | 6h 03m | $10.6M | $1.5M | 200x |
OKX SAND-USDT-SWAP
MEXC 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
- −$7.3
- Funding while held
- −$5.82
- Slippage, 4 orders
- −$36.2
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$63.32
- Spread needed to break even
- 0.502%
Slippage from OKX: live order book, just now; MEXC: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0194%
- Per $10,000 a day
- −$5.82
- 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, just now | 1.22 bp | 13.7 bp −$14 | 277.9 bp −$2,779 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.22 bp | 9.6 bp −$10 | 18.8 bp −$188 | 76.1 bp −$7,614 | 148.5 bp −$74.3K |
SAND price on every exchange
against the cheapest. Click to use as the short leg.KuCoin0.04100cheapestBitget0.04102+0.049%Hyperliquid0.04104+0.110%Gate0.04106+0.146%Extended0.04107+0.165%
KuCoin
Bitget
Hyperliquid
Gate
ExtendedMEXC0.04107+0.171%
Binance0.04108+0.195%Bybit0.04108+0.195%BingX0.04108+0.195%BloFin0.04109+0.220%Aster0.04110+0.238%
Binance
Bybit
BingX
BloFin
AsterOKX0.04110+0.244%
Variational Omni0.04115+0.362%Kraken Futures0.04115+0.367%Injective0.04129+0.707%
Variational Omni
Kraken Futures
InjectiveSAND on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin SANDUSDTM | −0.243% | +0.0024% | 8h | $2.6M | $354K | 50x | as long as short |
| Bitget SANDUSDT | −0.195% | −0.0299% | 8h | $1.7M | $554K | 10x | as long as short |
| Hyperliquid SAND | −0.134% | +0.0100% | 1h | $565K | $429K | 5x | as long as short |
| Gate SAND_USDT | −0.097% | +0.0031% | 8h | $445K | $572K | 75x | as long as short |
| Extended SAND-USD | −0.078% | −0.0096% | 1h | $3K | $194K | 10x | as long as short |
| MEXC SAND_USDTshort | −0.073% | −0.0094% | 8h | $10.6M | $1.5M | 200x | |
| Binance SANDUSDT | −0.049% | −0.0092% | 8h | $6.3M | $12.2M | 75x | as long as short |
| Bybit SANDUSDT | −0.049% | +0.0052% | 8h | $3.3M | $3.2M | 75x | as long as short |
| BingX SAND-USDT | −0.049% | +0.0100% | 8h | — | $2.4M | — | as long as short |
| BloFin SAND-USDT | −0.024% | +0.0028% | 8h | $324K | $280K | 75x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster SANDUSDT | −0.006% | 0.0000% | 8h | $13K | $28K | 10x | as long as short |
| OKX SAND-USDT-SWAPlong | 0.000% | +0.0100% | 8h | $1.7M | $3.2M | 50x | |
| Variational Omni SAND | +0.118% | −0.0396% | 8h | $112K | $5K | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.123% | +0.0081% | 1h | $151K | $99K | 25x | as long as short |
| Injective SAND/USDC PERP | +0.462% | +0.0033% | 1h | $757 | $29K | 5.5x | as long as short |