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

SAHARA

all SAHARA markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.074%−$7 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SAHARAUSDT0.0093230.0684pay 0.0342% / 4h41m 02s$1.2M$395K25x
ShortKuCoin SAHARAUSDTM0.0093000.0100get 0.0050% / 4h41m 02s$272K$53K25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago6.45 bp21.9 bp −$22288.2 bp −$2,882doesn't fitdoesn't fit
Sell KuCoin live order book, 40 min ago15.93 bp275.2 bp −$275doesn't fitdoesn'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 SAHARAUSDT+0.0100%4h0.009306−0.181%$4.4M$4.9M25xas long as short
Gate SAHARA_USDT+0.0100%8h0.009290−0.354%$191K$56K25xas long as short
MEXC SAHARA_USDT+0.0100%4h0.009301−0.236%$1.4M$234K20xas long as short
KuCoin SAHARAUSDTMshort+0.0100%4h0.009300−0.247%$272K$53K25x
GRVT SAHARA_USDT_Perp+0.0100%4h0.009281−0.448%$146K$2.6M10xas long as short
ApeX Omni SAHARAUSDT+0.0100%1h0.009270−0.568%$16K$257K50xas long as short
Extended SAHARA-USD+0.0104%1h0.009304−0.207%$1K$218K5xas long as short
OKX SAHARA-USDT-SWAP+0.0371%4h0.009324+0.011%$965K$1.1M20xas long as short
Aster SAHARAUSDT+0.0550%4h0.009308−0.161%$61K$19K5xas long as short
Bitget SAHARAUSDTlong+0.0684%4h0.009323long leg$1.2M$395K25x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SAHARA-USDT+0.0730%4h0.009312−0.118%$2.3Mas long as short
Variational Omni SAHARA+0.0756%4h0.009306−0.179%$21K$12Kas long as short
Bybit SAHARAUSDT+0.0787%4h0.009307−0.172%$1.9M$1.3M20xas long as short