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

SAHARA

all SAHARA markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.152%−$15 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SAHARAUSDT0.0094710.0428pay 0.0214% / 4h56m 14s$1.2M$395K25x
ShortBinance SAHARAUSDT0.0094610.0100get 0.0050% / 4h56m 14s$4.4M$4.8M25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago4.76 bp24.7 bp −$25262.0 bp −$2,620doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago0.53 bp16.0 bp −$1654.9 bp −$549doesn't fitdoesn't fit

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 SAHARAUSDTshort+0.0100%4h0.009461−0.106%$4.4M$4.8M25x
OKX SAHARA-USDT-SWAP+0.0100%4h0.009476+0.053%$987K$1.1M20xas long as short
Gate SAHARA_USDT+0.0100%8h0.009460−0.116%$213K$46K25xas long as short
MEXC SAHARA_USDT+0.0100%4h0.009453−0.190%$1.4M$196K20xas long as short
KuCoin SAHARAUSDTM+0.0100%4h0.009460−0.116%$273K$51K25xas long as short
GRVT SAHARA_USDT_Perp+0.0100%4h0.009444−0.284%$141K$2.4M10xas long as short
ApeX Omni SAHARAUSDT+0.0100%1h0.009430−0.433%$21K$253K50xas long as short
Extended SAHARA-USD+0.0104%1h0.009449−0.232%$2K$216K5xas long as short
Variational Omni SAHARA+0.0233%4h0.009445−0.272%$22K$14Kas long as short
Aster SAHARAUSDT+0.0259%4h0.009441−0.313%$62K$19K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SAHARAUSDT+0.0383%4h0.009476+0.053%$1.9M$1.2M20xas long as short
BingX SAHARA-USDT+0.0404%4h0.009469−0.021%$2.3Mas long as short
Bitget SAHARAUSDTlong+0.0428%4h0.009471long leg$1.2M$395K25x