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−0.0284%/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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.164%−$16 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SAHARAUSDT0.0094490.0384pay 0.0192% / 4h3h 58m$1.2M$401K25x
ShortOKX SAHARA-USDT-SWAP0.0094390.0100get 0.0050% / 4h3h 58m$983K$1.1M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 8 min ago4.77 bp25.7 bp −$26278.6 bp −$2,786doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago2.64 bp41.4 bp −$41doesn'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%4h0.009430−0.202%$4.4M$4.9M25xas long as short
Bybit SAHARAUSDT+0.0100%4h0.009436−0.138%$1.9M$1.2M20xas long as short
OKX SAHARA-USDT-SWAPshort+0.0100%4h0.009439−0.106%$983K$1.1M20x
Gate SAHARA_USDT+0.0100%8h0.009450+0.011%$214K$43K25xas long as short
MEXC SAHARA_USDT+0.0100%4h0.009429−0.212%$1.4M$218K20xas long as short
KuCoin SAHARAUSDTM+0.0100%4h0.009430−0.201%$273K$52K25xas long as short
GRVT SAHARA_USDT_Perp+0.0100%4h0.009454+0.053%$142K$2.4M10xas long as short
ApeX Omni SAHARAUSDT+0.0100%1h0.009440−0.095%$20K$256K50xas long as short
Extended SAHARA-USD+0.0104%1h0.009427−0.232%$2K$212K5xas long as short
Aster SAHARAUSDT+0.0303%4h0.009436−0.141%$62K$19K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SAHARAUSDTlong+0.0384%4h0.009449long leg$1.2M$401K25x
BingX SAHARA-USDT+0.0396%4h0.009443−0.063%$2.3Mas long as short
Variational Omni SAHARA+0.0450%4h0.009449+0.002%$22K$12Kas long as short