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−0.0636%/8h= −69.7% APRnext payment $3.18 per $10,000 · paid last 24h −0.017%
Price spread now: Binance against Bybit−0.127%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$800.796% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 7 days+0.091%+$9 · spread now −0.127%, 7d avg −0.063%
Together, before fees+0.073%+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Binance is 0.064% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.063%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.017% in total (about -0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.18 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
LongBybit SAHARAUSDT0.0092980.0736pay 0.0368% / 4h45m 57s$1.9M$1.3M20x
ShortBinance SAHARAUSDT0.0092860.0100get 0.0050% / 4h45m 57s$4.4M$4.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
−$133.58
Price spread: −0.127% → −0.063%
−$6.44
Slippage, 4 orders
−$58.62
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$219.63
Costs to cover
0.796%
Break-even
never at this rate
Slippage from Bybit: live order book, 6 min ago; Binance: live order book, 7 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 Bybit live order book, 6 min ago2.15 bp22.7 bp −$23139.8 bp −$1,398doesn't fitdoesn't fit
Sell Binance live order book, 7 min ago1.08 bp15.3 bp −$1564.6 bp −$646doesn'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%4h0.009286−0.127%$4.4M$4.9M25x
Gate SAHARA_USDT+0.0100%8h0.009280−0.194%$190K$56K25xas long as short
MEXC SAHARA_USDT+0.0100%4h0.009285−0.140%$1.4M$233K20xas long as short
KuCoin SAHARAUSDTM+0.0100%4h0.009280−0.194%$272K$53K25xas long as short
GRVT SAHARA_USDT_Perp+0.0100%4h0.009280−0.194%$143K$2.6M10xas long as short
ApeX Omni SAHARAUSDT+0.0100%1h0.009260−0.409%$16K$258K50xas long as short
Extended SAHARA-USD+0.0104%1h0.009284−0.152%$1K$218K5xas long as short
OKX SAHARA-USDT-SWAP+0.0343%4h0.0092980.000%$964K$1.1M20xas long as short
Aster SAHARAUSDT+0.0542%4h0.009295−0.030%$61K$19K5xas long as short
Bitget SAHARAUSDT+0.0670%4h0.009297−0.011%$1.2M$397K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SAHARA-USDT+0.0704%4h0.009289−0.097%$2.3Mas long as short
Bybit SAHARAUSDTlong+0.0736%4h0.009298long leg$1.9M$1.3M20x
Variational Omni SAHARA+0.0739%4h0.009294−0.040%$21K$12Kas long as short