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

SAHARA

all SAHARA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0527%/8h= +57.7% APRnext payment +$2.63 per $10,000 · paid last 24h +0.016%
Price spread now: Bitget against Bybit+0.139%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$970.967% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 7 days−0.077%−$8 · spread now +0.139%, 7d avg +0.007%
Together, before fees−0.062%−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Bitget is 0.132% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.007%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.016% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.63 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 SAHARAUSDT0.0093570.0339pay 0.0170% / 4h2h 19m$1.9M$1.3M20x
ShortBitget SAHARAUSDT0.0093700.0866get 0.0433% / 4h2h 19m$1.2M$384K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$110.61
Price spread: +0.139% → +0.007%
$13.16
Slippage, 4 orders
−$73.72
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
$27.05
Costs to cover
0.967%
Break-even
5.3 days
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago3.75 bp23.2 bp −$23147.2 bp −$1,472doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago3.74 bp25.7 bp −$26228.2 bp −$2,282doesn'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%4h0.009353−0.043%$4.5M$4.9M25xas long as short
Gate SAHARA_USDT+0.0100%8h0.009340−0.182%$187K$60K25xas long as short
MEXC SAHARA_USDT+0.0100%4h0.009355−0.021%$1.5M$243K20xas long as short
KuCoin SAHARAUSDTM+0.0100%4h0.009340−0.182%$273K$52K25xas long as short
GRVT SAHARA_USDT_Perp+0.0100%4h0.009303−0.574%$137K$3.0M10xas long as short
ApeX Omni SAHARAUSDT+0.0100%1h0.009290−0.716%$16K$257K50xas long as short
Extended SAHARA-USD+0.0104%1h0.009351−0.061%$2K$312K5xas long as short
OKX SAHARA-USDT-SWAP+0.0176%4h0.009363+0.064%$987K$1.1M20xas long as short
Bybit SAHARAUSDTlong+0.0339%4h0.009357long leg$1.9M$1.3M20x
Aster SAHARAUSDT+0.0606%4h0.009349−0.085%$61K$19K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SAHARA+0.0662%4h0.009327−0.317%$22K$12Kas long as short
BingX SAHARA-USDT+0.0806%4h0.009360+0.032%$2.3Mas long as short
Bitget SAHARAUSDTshort+0.0866%4h0.009370+0.139%$1.2M$384K25x