Funding you earn now, next payment 00:00 UTC−0.0304%/8h= −33.3% APRnext payment −$1.52 per $10,000 · paid last 24h −0.019%
Price spread now: Binance against BingX−0.190%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$690.690% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 7 days+0.213%+$21 · spread now −0.190%, 7d avg −0.031%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Binance is 0.159% cheaper against BingX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.019% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.52 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 | BingX SAHARA-USDT | 0.009471 | 0.0404 | pay 0.0202% / 4h | 54m 08s | — | $2.3M | — |
| Short | Binance SAHARAUSDT | 0.009453 | 0.0100 | get 0.0050% / 4h | 54m 08s | $4.4M | $4.9M | 25x |
BingX SAHARA-USDT
Binance SAHARAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$63.84
- Price spread: −0.190% → −0.031%
- −$15.94
- Slippage, 4 orders
- −$49.01
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$148.79
- Costs to cover
- 0.690%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Binance: live order book, 13 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 BingX live order book, 4 min ago | 4.22 bp | 17.1 bp −$17 | 71.5 bp −$715 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.53 bp | 16.0 bp −$16 | 54.9 bp −$549 | 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 SAHARAUSDTshort | +0.0100% | 4h | 0.009453 | −0.190% | $4.4M | $4.9M | 25x | |
| OKX SAHARA-USDT-SWAP | +0.0100% | 4h | 0.009470 | −0.011% | $988K | $1.1M | 20x | as long as short |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009470 | −0.011% | $214K | $46K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009460 | −0.116% | $1.4M | $196K | 20x | as long as short |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009460 | −0.116% | $274K | $51K | 25x | as long as short |
| GRVT SAHARA_USDT_Perp | +0.0100% | 4h | 0.009447 | −0.251% | $141K | $2.4M | 10x | as long as short |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009440 | −0.327% | $21K | $253K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009458 | −0.136% | $2K | $216K | 5x | as long as short |
| Aster SAHARAUSDT | +0.0265% | 4h | 0.009459 | −0.127% | $62K | $19K | 5x | as long as short |
| Variational Omni SAHARA | +0.0306% | 4h | 0.009464 | −0.073% | $22K | $13K | — | as long as short |
OKX SAHARA-USDT-SWAP
Gate SAHARA_USDT
MEXC SAHARA_USDT
KuCoin SAHARAUSDTM
GRVT SAHARA_USDT_Perp
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
Aster SAHARAUSDT
Variational Omni SAHARAShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SAHARAUSDT | +0.0390% | 4h | 0.009470 | −0.011% | $1.9M | $1.2M | 20x | as long as short |
| BingX SAHARA-USDTlong | +0.0404% | 4h | 0.009471 | long leg | — | $2.3M | — | |
| Bitget SAHARAUSDT | +0.0430% | 4h | 0.009481 | +0.106% | $1.2M | $395K | 25x | as long as short |
Bybit SAHARAUSDT
Bitget SAHARAUSDT