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

SAND

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0347%/8h= +38.0% APRnext payment +$3.47 per $10,000 · paid last 24h +0.100%
Price spread now: Gate against Variational Omni+0.196%7-day average +0.056% · 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 4 days (all we have)+0.278%+$28 on $10k
Price spread, last 4 days (all we have)−0.195%−$19 · spread now +0.196%, 7d avg +0.056%
Together, before fees+0.083%+ Points / potential airdropVariational Omni: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Gate is 0.140% dearer against Variational Omni than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SAND0.04196−0.0325get 0.0325% / 8h3h 57m$115K$4K
ShortGate SAND_USDT0.042040.0022get 0.0022% / 8h3h 57m$471K$634K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$72.92
Price spread: +0.196% → +0.056%
$14.05
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$71.97
Costs to cover
0.150%
Break-even
0.1 days
Slippage unknown: Variational Omni: RFQ quote, 61 min ago; Gate: live order book, 59 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, 61 min ago4.84 bpdoesn't fit50.8 bp −$508doesn't fitdoesn't fit
Sell Gate live order book, 59 min ago4.84 bp27.5 bp −$27doesn't fitdoesn'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−0.1117%1h0.04199+0.074%$157K$105K25xas long as short
Hyperliquid SAND−0.0564%1h0.04198+0.063%$579K$326K5xas long as short
Variational Omni SANDlong−0.0325%8h0.04196long leg$115K$4K
Aster SANDUSDT−0.0257%8h0.04206+0.241%$14K$16K10xas long as short
BloFin SAND-USDT−0.0184%8h0.04193−0.066%$326K$201K75xas long as short
Bitget SANDUSDT−0.0168%8h0.04199+0.077%$1.7M$556K10xas long as short
Binance SANDUSDT−0.0166%8h0.04202+0.149%$6.7M$12.4M75xas long as short
MEXC SAND_USDT−0.0162%8h0.04205+0.220%$11.8M$1.8M200xas long as short
Extended SAND-USD−0.0160%1h0.04202+0.140%$6K$173K10xas long as short
KuCoin SANDUSDTM−0.0084%8h0.04196+0.006%$2.6M$358K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SAND-USDT-SWAP−0.0053%8h0.04200+0.101%$1.7M$3.3M50xas long as short
Gate SAND_USDTshort+0.0022%8h0.04204+0.196%$471K$634K75x
Injective SAND/USDC PERP+0.0033%1h0.04129−1.591%$757$7955.5xas long as short
BingX SAND-USDT+0.0043%8h0.04200+0.101%$2.4Mas long as short
Bybit SANDUSDT+0.0046%8h0.04201+0.125%$3.5M$3.5M75xas long as short