Funding you earn now, next payment 04:00 UTC−0.0284%/8h= −31.1% APRnext payment −$1.42 per $10,000 · paid last 24h −0.021%
Price spread now: OKX against Bitget−0.106%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1191.187% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 7 days−0.141%−$14 · spread now −0.106%, 7d avg −0.024%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and OKX is 0.081% cheaper against Bitget than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.023% in total (about -1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.42 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 | 0.009449 | 0.0384 | pay 0.0192% / 4h | 3h 58m | $1.2M | $401K | 25x |
| Short | OKX SAHARA-USDT-SWAP | 0.009439 | 0.0100 | get 0.0050% / 4h | 3h 58m | $983K | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$59.64
- Price spread: −0.106% → −0.024%
- −$8.15
- Slippage, 4 orders
- −$96.65
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$186.44
- Costs to cover
- 1.187%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 8 min ago; OKX: live order book, 3 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, 8 min ago | 4.77 bp | 25.7 bp −$26 | 278.6 bp −$2,786 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.64 bp | 41.4 bp −$41 | 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 | 0.009430 | −0.202% | $4.4M | $4.9M | 25x | as long as short |
| Bybit SAHARAUSDT | +0.0100% | 4h | 0.009436 | −0.138% | $1.9M | $1.2M | 20x | as long as short |
| OKX SAHARA-USDT-SWAPshort | +0.0100% | 4h | 0.009439 | −0.106% | $983K | $1.1M | 20x | |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009450 | +0.011% | $214K | $43K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009429 | −0.212% | $1.4M | $218K | 20x | as long as short |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009430 | −0.201% | $273K | $52K | 25x | as long as short |
| GRVT SAHARA_USDT_Perp | +0.0100% | 4h | 0.009454 | +0.053% | $142K | $2.4M | 10x | as long as short |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009440 | −0.095% | $20K | $256K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009427 | −0.232% | $2K | $212K | 5x | as long as short |
| Aster SAHARAUSDT | +0.0303% | 4h | 0.009436 | −0.141% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SAHARAUSDTlong | +0.0384% | 4h | 0.009449 | long leg | $1.2M | $401K | 25x | |
| BingX SAHARA-USDT | +0.0396% | 4h | 0.009443 | −0.063% | — | $2.3M | — | as long as short |
| Variational Omni SAHARA | +0.0450% | 4h | 0.009449 | +0.002% | $22K | $12K | — | as long as short |
Bitget SAHARAUSDT
OKX SAHARA-USDT-SWAP
Binance SAHARAUSDT
Bybit SAHARAUSDT
Gate SAHARA_USDT
MEXC SAHARA_USDT
KuCoin SAHARAUSDTM
GRVT SAHARA_USDT_Perp
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
Aster SAHARAUSDT
BingX SAHARA-USDT
Variational Omni SAHARA