Funding you earn now, next payment 08:00 UTC−0.0770%/8h= −84.3% APRnext payment −$3.85 per $10,000 · paid last 24h −0.072%
Price spread now: KuCoin against BingX−0.182%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$524as in the Funding arb table
Net, price: spread back to 7d avg − costs−$525as in the Price arb table
costs, in and out, $10k−$5175.166% of the position
Funding, last 7 days−0.079%−$8 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.182%, 7d avg −0.097%
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and KuCoin is 0.085% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.097%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.079% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.85 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 | 0.009357 | 0.0870 | pay 0.0435% / 4h | 3h 27m | — | $2.3M | — |
| Short | KuCoin SAHARAUSDTM | 0.009340 | 0.0100 | get 0.0050% / 4h | 3h 27m | $273K | $52K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$161.7
- Price spread: −0.182% → −0.097%
- −$8.49
- Slippage, 4 orders
- −$494.56
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$686.75
- Costs to cover
- 5.166%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; KuCoin: live order book, 44 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, 5 min ago | 2.14 bp | 16.1 bp −$16 | 54.1 bp −$541 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 44 min ago | 5.34 bp | 225.0 bp −$225 | doesn't fit | 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 SAHARAUSDT | +0.0100% | 4h | 0.009350 | −0.075% | $4.5M | $4.9M | 25x | as long as short |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009350 | −0.075% | $191K | $57K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009350 | −0.075% | $1.5M | $237K | 20x | as long as short |
| KuCoin SAHARAUSDTMshort | +0.0100% | 4h | 0.009340 | −0.182% | $273K | $52K | 25x | |
| GRVT SAHARA_USDT_Perp | +0.0100% | 4h | 0.009362 | +0.056% | $144K | $2.8M | 10x | as long as short |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009350 | −0.075% | $16K | $259K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009347 | −0.104% | $219 | $217K | 5x | as long as short |
| OKX SAHARA-USDT-SWAP | +0.0400% | 4h | 0.009363 | +0.064% | $990K | $1.1M | 20x | as long as short |
| Bybit SAHARAUSDT | +0.0544% | 4h | 0.009352 | −0.053% | $1.9M | $1.4M | 20x | as long as short |
| Aster SAHARAUSDT | +0.0662% | 4h | 0.009359 | +0.020% | $61K | $18K | 5x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SAHARA-USDTlong | +0.0870% | 4h | 0.009357 | long leg | — | $2.3M | — | |
| Bitget SAHARAUSDT | +0.0928% | 4h | 0.009374 | +0.182% | $1.2M | $390K | 25x | as long as short |
| Variational Omni SAHARA | +0.0942% | 4h | 0.009366 | +0.100% | $22K | $12K | — | as long as short |
BingX SAHARA-USDT
KuCoin SAHARAUSDTM
Binance SAHARAUSDT
Gate SAHARA_USDT
MEXC SAHARA_USDT
GRVT SAHARA_USDT_Perp
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
OKX SAHARA-USDT-SWAP
Bybit SAHARAUSDT
Aster SAHARAUSDT
Bitget SAHARAUSDT
Variational Omni SAHARA