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

SAND

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0265%/8h= +29.1% APRpaid last 24h +0.085%
Price spread now: Extended against Variational Omni+0.061%7-day average −0.006% · 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)+0.245%+$25 on $10k
Price spread, last 3 days (all we have)−0.130%−$13 · spread now +0.061%, 7d avg −0.006%
Together, before fees+0.115%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Extended is 0.067% dearer against Variational Omni than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SAND0.04187−0.0297get 0.0297% / 8h7h 06m$115K$5K
ShortExtended SAND-USD0.04189−0.0032pay 0.0004% / 1h6m 15s$4K$171K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Variational Omni. 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
$55.75
Price spread: +0.061% → −0.006%
$6.75
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$57.49
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Extended: live order book, 65 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 Variational Omni RFQ quote, 3 min ago7.14 bpdoesn't fit47.6 bp −$476doesn't fitdoesn't fit
Sell Extended live order book, 65 min ago2.64 bp13.2 bp −$1399.7 bp −$997doesn'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
Kraken Futures PF_SANDUSD−0.0758%1h0.04202+0.353%$156K$117K25xas long as short
Variational Omni SANDlong−0.0297%8h0.04187long leg$115K$5K
Hyperliquid SAND−0.0282%1h0.04186−0.008%$578K$454K5xas long as short
Bybit SANDUSDT−0.0179%8h0.04192+0.126%$3.4M$3.4M75xas long as short
Aster SANDUSDT−0.0138%8h0.04193+0.161%$14K$17K10xas long as short
Bitget SANDUSDT−0.0043%8h0.04185−0.041%$1.7M$575K10xas long as short
KuCoin SANDUSDTM−0.0036%8h0.04189+0.054%$2.6M$373K50xas long as short
Binance SANDUSDT−0.0034%8h0.04192+0.126%$6.5M$12.2M75xas long as short
MEXC SAND_USDT−0.0033%8h0.04191+0.102%$11.6M$1.8M200xas long as short
Extended SAND-USDshort−0.0032%1h0.04189+0.061%$4K$171K10x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SAND-USDT−0.0017%8h0.04202+0.365%$320K$293K75xas long as short
Injective SAND/USDC PERP+0.0033%1h0.04129−1.379%$757$7955.5xas long as short
OKX SAND-USDT-SWAP+0.0100%8h0.04191+0.102%$1.7M$3.2M50xas long as short
Gate SAND_USDT+0.0100%8h0.04198+0.269%$504K$589K75xas long as short
BingX SAND-USDT+0.0100%8h0.04196+0.222%$2.4Mas long as short