ArbiLayer

SAND arbitrage

live

Live The Sandbox price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.11%KuCoin → Bybit · Spot–Spot
Best perp–perp spread0.00%Binance → Gate
Markets tracked1811 venues · 10 perp · 7 spot · 1 DEX
Price range0.14%$0.0761 – $0.0762

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
KuCoin logoKuCoinspot$0.0762Bybit logoBybitspot$0.0762 +0.09%-0.11% +0.09%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.0762Gate logoGatespot$0.0762 +0.08%-0.12% +0.08%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.0762Binance logoBinancespot$0.0762 +0.07%-0.13% +0.07%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.0762Bitget logoBitgetspot$0.0762 +0.07%-0.13% +0.07%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.0762MEXC logoMEXCspot$0.0762 +0.05%-0.15% +0.05%— 0.000%— LS Chart →
OKX logoOKXspot$0.0762Bybit logoBybitspot$0.0762 +0.03%-0.17% +0.03%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0762Bybit logoBybitspot$0.0762 +0.03%-0.17% +0.03%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.0762OKX logoOKXspot$0.0762 +0.01%-0.19% +0.01%— 0.000%— LS Chart →
OKX logoOKXspot$0.0762Gate logoGatespot$0.0762 +0.01%-0.19% +0.01%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0762Gate logoGatespot$0.0762 +0.01%-0.19% +0.01%— 0.000%— LS Chart →
Binance logoBinancespot$0.0762Bybit logoBybitspot$0.0762 0.00%-0.20% 0.00%— 0.000%— LS Chart →
OKX logoOKXspot$0.0762Binance logoBinancespot$0.0762 0.00%-0.20% 0.00%— 0.000%— LS Chart →
OKX logoOKXspot$0.0762Bitget logoBitgetspot$0.0762 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Gate logoGatespot$0.0762Bybit logoBybitspot$0.0762 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.0762Bybit logoBybitspot$0.0762 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

SAND price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGatePerpetual · SAND_USDTPerpetual $0.0762$0.0762$0.07620.00% -0.042%$416.24M
OKX logoOKXPerpetual · SAND-USDT-SWAPPerpetual $0.0762$0.0762$0.0762-0.01% -0.011%$347.42M
Bybit logoBybitPerpetual · SANDUSDTPerpetual $0.0762$0.0762$0.0762-0.01% +0.030%$147.01M
MEXC logoMEXCPerpetual · SAND_USDTPerpetual $0.0762$0.0762$0.0762-0.01% -0.099%$55.07M
Bitget logoBitgetPerpetual · SANDUSDTPerpetual $0.0762$0.0762$0.07620.00% -0.050%$44.72M
OKX logoOKXSpot · SAND-USDTSpot $0.0762$0.0762$0.0762+0.02% —$14.00M
Hyperliquid logoHyperliquidPerpetual · SANDPerpetual $0.0761$0.0762$0.0762-0.01% +0.030%$12.81M
Gate logoGateSpot · SAND_USDTSpot $0.0762$0.0762$0.0762+0.07% —$8.53M
KuCoin logoKuCoinPerpetual · SANDUSDTMPerpetual $0.0761$0.0762$0.0762-0.03% +0.007%$7.73M
Bybit logoBybitSpot · SANDUSDTSpot $0.0762$0.0763$0.0762+0.09% —$6.77M
KuCoin logoKuCoinSpot · SAND-USDTSpot $0.0761$0.0762$0.0761-0.05% —$4.71M
Bitget logoBitgetSpot · SANDUSDTSpot $0.0762$0.0762$0.0762+0.06% —$2.80M
Variational logoVariationalPerpetual · SANDPerpetual $0.0762$0.0762$0.0762+0.01% +0.030%$1.20M
Uniswap · Ethereum logoUniswap · EthereumDEX pool · ethereum · 0x3845…a5d0DEX pool $0.0763$0.0767$0.0765+0.40% —$248.8K
Binance logoBinancePerpetual · SANDUSDTPerpetual $0.0762$0.0762$0.0762-0.01% -0.098%—
Aster logoAsterPerpetual · SANDUSDTPerpetual $0.0761$0.0762$0.0762-0.03% -0.115%—
Binance logoBinanceSpot · SANDUSDTSpot $0.0762$0.0762$0.0762+0.06% ——
MEXC logoMEXCSpot · SANDUSDTSpot $0.0762$0.0762$0.0762+0.04% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

SAND arbitrage explained

Right now The Sandbox (SAND) trades on 11 venues we scan: 10 perpetual markets, 7 spot markets and 1 DEX pool. The lowest ask is on KuCoin spot at $0.0762 and the highest bid on Bybit spot at $0.0762.

The widest SAND perpetual spread is between Binance and Gate: long SAND on Binance at $0.0762 and short on Gate at $0.0762 for 0.00% gross, or -0.16% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.056% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best SAND route is to buy spot on KuCoin and short the perpetual on Gate: +0.01% gross, -0.19% net, with -0.042% a day of funding on the short leg.

Spot–spot SAND arbitrage (buy on KuCoin, withdraw, deposit and sell on Bybit) shows +0.09% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small SAND gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: SAND funding rates · SAND spread charts · The Sandbox price · arbitrage scanner for all coins.

Is there a SAND arbitrage opportunity right now?

The best SAND route right now is to buy on KuCoin spot → sell on Bybit spot (Spot–Spot): +0.09% gross and -0.11% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest SAND?

KuCoin (spot) has the lowest SAND ask at $0.0762, and Bybit (spot) the highest bid at $0.0762. Prices update every 15 seconds on this page.

How many exchanges list SAND?

ArbiLayer tracks 18 SAND markets on 11 venues: 10 perpetual, 7 spot and 1 DEX pool.

How do I arbitrage SAND without transferring coins?

Use two perpetual contracts: go long SAND on the cheaper exchange (Binance now) and short it on the more expensive one (Gate), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins