Funding you earn now, next payment 04:00 UTC−0.0584%/8h= −63.9% APRnext payment −$2.92 per $10,000 · paid last 24h −0.036%
Price spread now: KuCoin against Bitget−0.247%7-day average −0.144% · you buy dearer than you sell
Net, funding: paid 7d − costs−$560as in the Funding arb table
Net, price: spread back to 7d avg − costs−$566as in the Price arb table
costs, in and out, $10k−$5555.554% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.247%, 7d avg −0.144%
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and KuCoin is 0.103% cheaper against Bitget than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.144%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.043% in total (about -2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.92 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 | 0.009323 | 0.0684 | pay 0.0342% / 4h | 41m 02s | $1.2M | $395K | 25x |
| Short | KuCoin SAHARAUSDTM | 0.009300 | 0.0100 | get 0.0050% / 4h | 41m 02s | $272K | $53K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$122.64
- Price spread: −0.247% → −0.144%
- −$10.27
- Slippage, 4 orders
- −$531.45
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$688.36
- Costs to cover
- 5.554%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 40 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 | 6.45 bp | 21.9 bp −$22 | 288.2 bp −$2,882 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 40 min ago | 15.93 bp | 275.2 bp −$275 | 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 | 0.009306 | −0.181% | $4.4M | $4.9M | 25x | as long as short |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009290 | −0.354% | $191K | $56K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009301 | −0.236% | $1.4M | $234K | 20x | as long as short |
| KuCoin SAHARAUSDTMshort | +0.0100% | 4h | 0.009300 | −0.247% | $272K | $53K | 25x | |
| GRVT SAHARA_USDT_Perp | +0.0100% | 4h | 0.009281 | −0.448% | $146K | $2.6M | 10x | as long as short |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009270 | −0.568% | $16K | $257K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009304 | −0.207% | $1K | $218K | 5x | as long as short |
| OKX SAHARA-USDT-SWAP | +0.0371% | 4h | 0.009324 | +0.011% | $965K | $1.1M | 20x | as long as short |
| Aster SAHARAUSDT | +0.0550% | 4h | 0.009308 | −0.161% | $61K | $19K | 5x | as long as short |
| Bitget SAHARAUSDTlong | +0.0684% | 4h | 0.009323 | long leg | $1.2M | $395K | 25x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SAHARA-USDT | +0.0730% | 4h | 0.009312 | −0.118% | — | $2.3M | — | as long as short |
| Variational Omni SAHARA | +0.0756% | 4h | 0.009306 | −0.179% | $21K | $12K | — | as long as short |
| Bybit SAHARAUSDT | +0.0787% | 4h | 0.009307 | −0.172% | $1.9M | $1.3M | 20x | as long as short |
Bitget SAHARAUSDT
KuCoin SAHARAUSDTM
Binance SAHARAUSDT
Gate SAHARA_USDT
MEXC SAHARA_USDT
GRVT SAHARA_USDT_Perp
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
OKX SAHARA-USDT-SWAP
Aster SAHARAUSDT
BingX SAHARA-USDT
Variational Omni SAHARA
Bybit SAHARAUSDT