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

SAND

all SAND markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0241%/8h= −26.3% APRnext payment $2.41 per $10,000 · paid last 24h −0.097%
Price spread now: Variational Omni against OKX+0.310%7-day average −0.052% · 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 3 days (all we have)−0.272%−$27 on $10k
Price spread, last 3 days (all we have)−0.346%−$35 · spread now +0.310%, 7d avg −0.052%
Together, before fees−0.619%+ Points / potential airdropVariational Omni: Active · farm board−$62 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.362% dearer against OKX than usual: you sell high and buy low (spread +0.310% now, against its 7-day average of −0.052%): +$36 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 5.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SAND-USDT-SWAP0.041540.0100pay 0.0100% / 8h2h 05m$1.8M$3.3M50x
ShortVariational Omni SAND0.04167−0.0141pay 0.0141% / 8h2h 05m$114K$4K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against OKX. 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
−$50.52
Price spread: +0.310% → −0.052%
$36.2
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$24.32
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: OKX: live order book, 2 min ago; Variational Omni: RFQ quote, 18 min ago. 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 OKX live order book, 2 min ago2.41 bp17.9 bp −$18491.5 bp −$4,915doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 18 min ago4.79 bpdoesn't fit38.3 bp −$383doesn't fitdoesn't fit

SAND on 15 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 SANDshort−0.0141%8h0.04167+0.310%$114K$4K
Bitget SANDUSDT−0.0050%8h0.04162+0.193%$1.7M$545K10xas long as short
Aster SANDUSDT−0.0039%8h0.04155+0.012%$13K$18K10xas long as short
KuCoin SANDUSDTM−0.0033%8h0.04153−0.024%$2.6M$371K50xas long as short
Hyperliquid SAND−0.0031%1h0.04153−0.024%$572K$446K5xas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−0.602%$757$7955.5xas long as short
BloFin SAND-USDT+0.0040%8h0.04162+0.193%$322K$292K75xas long as short
Binance SANDUSDT+0.0042%8h0.04154+0.012%$6.5M$12.3M75xas long as short
MEXC SAND_USDT+0.0045%8h0.041540.000%$11.6M$1.7M200xas long as short
Extended SAND-USD+0.0048%1h0.04153−0.013%$3K$194K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SANDUSDT+0.0100%8h0.04153−0.024%$3.3M$3.2M75xas long as short
OKX SAND-USDT-SWAPlong+0.0100%8h0.04154long leg$1.8M$3.3M50x
Gate SAND_USDT+0.0100%8h0.04160+0.144%$464K$578K75xas long as short
BingX SAND-USDT+0.0100%8h0.04157+0.072%$2.4Mas long as short
Kraken Futures PF_SANDUSD+0.0284%1h0.04161+0.173%$155K$100K25xas long as short