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

SAHARA

all SAHARA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0774%/8h= +84.8% APRnext payment +$3.87 per $10,000 · paid last 24h +0.072%
Price spread now: BingX against Binance+0.060%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$670.671% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.072%+$7 on $10k
Price spread, last 7 days−0.046%−$5 · spread now +0.060%, 7d avg +0.035%
Together, before fees+0.026%+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and BingX is 0.025% dearer against Binance than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.035%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.072% in total (about 3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.87 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SAHARAUSDT0.0093510.0100pay 0.0050% / 4h2h 55m$4.5M$4.9M25x
ShortBingX SAHARA-USDT0.0093570.0874get 0.0437% / 4h2h 55m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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
$162.54
Price spread: +0.060% → +0.035%
$2.5
Slippage, 4 orders
−$47.12
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
$97.92
Costs to cover
0.671%
Break-even
2.8 days
Slippage from Binance: live order book, 12 min ago; BingX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago0.54 bp15.4 bp −$1599.3 bp −$993doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago4.28 bp20.2 bp −$2059.7 bp −$597969.8 bp −$97.0K1339.0 bp −$669.5K

SAHARA on 13 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
Binance SAHARAUSDTlong+0.0100%4h0.009351long leg$4.5M$4.9M25x
Gate SAHARA_USDT+0.0100%8h0.009360+0.092%$190K$57K25xas long as short
MEXC SAHARA_USDT+0.0100%4h0.009352+0.006%$1.5M$241K20xas long as short
KuCoin SAHARAUSDTM+0.0100%4h0.009350−0.015%$273K$52K25xas long as short
GRVT SAHARA_USDT_Perp+0.0100%4h0.009361+0.106%$139K$2.9M10xas long as short
ApeX Omni SAHARAUSDT+0.0100%1h0.009350−0.015%$16K$259K50xas long as short
Extended SAHARA-USD+0.0104%1h0.009350−0.012%$118$312K5xas long as short
OKX SAHARA-USDT-SWAP+0.0261%4h0.009359+0.081%$989K$1.1M20xas long as short
Bybit SAHARAUSDT+0.0270%4h0.009354+0.028%$1.9M$1.4M20xas long as short
Aster SAHARAUSDT+0.0615%4h0.009346−0.053%$61K$19K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SAHARA+0.0749%4h0.009368+0.181%$22K$12Kas long as short
BingX SAHARA-USDTshort+0.0874%4h0.009357+0.060%$2.3M
Bitget SAHARAUSDT+0.0914%4h0.009367+0.167%$1.2M$402K25xas long as short