Funding you earn now, next payment 08:00 UTC+0.0758%/8h= +83.0% APRnext payment +$3.79 per $10,000 · paid last 24h +0.074%
Price spread now: Bitget against Binance−0.129%7-day average +0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$910.912% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 7 days+0.214%+$21 · spread now −0.129%, 7d avg +0.069%
=Funding pays, the price is against you. Bitget is 0.198% cheaper against Binance than usual: you would sell low and buy high (spread −0.129% now, against its 7-day average of +0.069%). If the spread goes back, that is −$20 on $10k: about 21 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.074% in total) that is about 19 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.074% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.79 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SAHARAUSDT | 0.009295 | 0.0100 | pay 0.0050% / 4h | 2h 23m | $4.4M | $4.9M | 25x |
| Short | Bitget SAHARAUSDT | 0.009283 | 0.0858 | get 0.0429% / 4h | 2h 23m | $1.2M | $384K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $159.18
- Price spread: −0.129% → +0.069%
- −$19.82
- Slippage, 4 orders
- −$69.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $48.13
- Costs to cover
- 0.912%
- Break-even
- 4.9 days
Slippage from Binance: live order book, 14 min ago; Bitget: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 14 min ago | 1.07 bp | 17.8 bp −$18 | 84.0 bp −$840 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 4.85 bp | 30.4 bp −$30 | 238.0 bp −$2,380 | doesn't fit | doesn't fit |
SAHARA on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SAHARAUSDTlong | +0.0100% | 4h | 0.009295 | long leg | $4.4M | $4.9M | 25x | |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009270 | −0.269% | $186K | $60K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009287 | −0.086% | $1.5M | $243K | 20x | as long as short |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009290 | −0.054% | $271K | $52K | 25x | as long as short |
| GRVT SAHARA_USDT_Perp | +0.0100% | 4h | 0.009309 | +0.155% | $140K | $3.0M | 10x | as long as short |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009260 | −0.377% | $16K | $257K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009293 | −0.026% | $2K | $314K | 5x | as long as short |
| OKX SAHARA-USDT-SWAP | +0.0186% | 4h | 0.009297 | +0.022% | $983K | $1.1M | 20x | as long as short |
| Bybit SAHARAUSDT | +0.0366% | 4h | 0.009297 | +0.022% | $1.9M | $1.3M | 20x | as long as short |
| Aster SAHARAUSDT | +0.0604% | 4h | 0.009296 | +0.012% | $61K | $19K | 5x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAHARA | +0.0665% | 4h | 0.009269 | −0.280% | $21K | $12K | — | as long as short |
| BingX SAHARA-USDT | +0.0818% | 4h | 0.009293 | −0.022% | — | $2.3M | — | as long as short |
| Bitget SAHARAUSDTshort | +0.0858% | 4h | 0.009283 | −0.129% | $1.2M | $384K | 25x |
Binance SAHARAUSDT
Bitget SAHARAUSDT
Gate SAHARA_USDT
MEXC SAHARA_USDT
KuCoin SAHARAUSDTM
GRVT SAHARA_USDT_Perp
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
OKX SAHARA-USDT-SWAP
Bybit SAHARAUSDT
Aster SAHARAUSDT
Variational Omni SAHARA
BingX SAHARA-USDT