Funding you earn now, next payment 00:00 UTC−0.0328%/8h= −35.9% APRnext payment −$1.64 per $10,000 · paid last 24h −0.021%
Price spread now: Binance against Bitget−0.106%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$780.776% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 7 days−0.131%−$13 · spread now −0.106%, 7d avg −0.071%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Binance is 0.034% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.071%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.021% in total (about -1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.64 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 | Bitget SAHARAUSDT | 0.009471 | 0.0428 | pay 0.0214% / 4h | 56m 14s | $1.2M | $395K | 25x |
| Short | Binance SAHARAUSDT | 0.009461 | 0.0100 | get 0.0050% / 4h | 56m 14s | $4.4M | $4.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- −$68.88
- Price spread: −0.106% → −0.071%
- −$3.42
- Slippage, 4 orders
- −$55.57
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$149.87
- Costs to cover
- 0.776%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 11 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 Bitget live order book, 5 min ago | 4.76 bp | 24.7 bp −$25 | 262.0 bp −$2,620 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 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 | 0.009461 | −0.106% | $4.4M | $4.8M | 25x | |
| OKX SAHARA-USDT-SWAP | +0.0100% | 4h | 0.009476 | +0.053% | $987K | $1.1M | 20x | as long as short |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009460 | −0.116% | $213K | $46K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009453 | −0.190% | $1.4M | $196K | 20x | as long as short |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009460 | −0.116% | $273K | $51K | 25x | as long as short |
| GRVT SAHARA_USDT_Perp | +0.0100% | 4h | 0.009444 | −0.284% | $141K | $2.4M | 10x | as long as short |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009430 | −0.433% | $21K | $253K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009449 | −0.232% | $2K | $216K | 5x | as long as short |
| Variational Omni SAHARA | +0.0233% | 4h | 0.009445 | −0.272% | $22K | $14K | — | as long as short |
| Aster SAHARAUSDT | +0.0259% | 4h | 0.009441 | −0.313% | $62K | $19K | 5x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SAHARAUSDT | +0.0383% | 4h | 0.009476 | +0.053% | $1.9M | $1.2M | 20x | as long as short |
| BingX SAHARA-USDT | +0.0404% | 4h | 0.009469 | −0.021% | — | $2.3M | — | as long as short |
| Bitget SAHARAUSDTlong | +0.0428% | 4h | 0.009471 | long leg | $1.2M | $395K | 25x |
Bitget SAHARAUSDT
Binance SAHARAUSDT
OKX SAHARA-USDT-SWAP
Gate SAHARA_USDT
MEXC SAHARA_USDT
KuCoin SAHARAUSDTM
GRVT SAHARA_USDT_Perp
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
Variational Omni SAHARA
Aster SAHARAUSDT
Bybit SAHARAUSDT
BingX SAHARA-USDT