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+0.0296%/8h= +32.4% APRnext payment +$1.48 per $10,000 · paid last 24h +0.017%
Price spread now: BingX against Bybit+0.032%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$780.780% 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−0.064%−$6 · spread now +0.032%, 7d avg −0.028%
Together, before fees−0.048%−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BingX is 0.060% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.028%.
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 +$1.48 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 SAHARAUSDT0.0094500.0100pay 0.0050% / 4h3h 59m$1.9M$1.2M20x
ShortBingX SAHARA-USDT0.0094530.0396get 0.0198% / 4h3h 59m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$62.16
Price spread: +0.032% → −0.028%
$5.97
Slippage, 4 orders
−$57.01
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$9.88
Costs to cover
0.780%
Break-even
8.1 days
Slippage from Bybit: live order book, 7 min ago; BingX: live order book, 8 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, 7 min ago4.24 bp17.5 bp −$17140.3 bp −$1,403doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago3.71 bp19.1 bp −$1960.0 bp −$6001053.5 bp −$105.3K1395.4 bp −$697.7K

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%4h0.009438−0.125%$4.4M$4.9M25xas long as short
Bybit SAHARAUSDTlong+0.0100%4h0.009450long leg$1.9M$1.2M20x
OKX SAHARA-USDT-SWAP+0.0100%4h0.009459+0.095%$985K$1.1M20xas long as short
Gate SAHARA_USDT+0.0100%8h0.009460+0.106%$214K$43K25xas long as short
MEXC SAHARA_USDT+0.0100%4h0.009444−0.063%$1.4M$218K20xas long as short
KuCoin SAHARAUSDTM+0.0100%4h0.009460+0.106%$274K$52K25xas long as short
GRVT SAHARA_USDT_Perp+0.0100%4h0.009454+0.043%$142K$2.4M10xas long as short
ApeX Omni SAHARAUSDT+0.0100%1h0.009440−0.106%$20K$256K50xas long as short
Extended SAHARA-USD+0.0104%1h0.009435−0.156%$2K$216K5xas long as short
Aster SAHARAUSDT+0.0306%4h0.009455+0.052%$62K$19K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SAHARAUSDT+0.0388%4h0.009459+0.095%$1.2M$401K25xas long as short
BingX SAHARA-USDTshort+0.0396%4h0.009453+0.032%$2.3M
Variational Omni SAHARA+0.0450%4h0.009449−0.008%$22K$12Kas long as short