Funding you earn now, next payment 04:00 UTC−0.0339%/8h= −37.1% APRnext payment −$1.70 per $10,000 · paid last 24h −0.018%
Price spread now: KuCoin against Bybit−0.074%7-day average −0.122% · you buy dearer than you sell
Net, funding: paid 7d − costs−$497as in the Funding arb table
Net, price: spread back to 7d avg − costs−$490as in the Price arb table
costs, in and out, $10k−$4954.949% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 4 days (all we have)−0.135%−$14 · spread now −0.074%, 7d avg −0.122%
=The price spread pays, funding is against you. KuCoin is 0.048% dearer against Bybit than usual: you sell high and buy low (spread −0.074% now, against its 7-day average of −0.122%): +$5 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.025% in total) that is about 14 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.025% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.70 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 | Bybit SAHARAUSDT | 0.009447 | 0.0439 | pay 0.0220% / 4h | 3h 27m | $1.9M | $1.2M | 20x |
| Short | KuCoin SAHARAUSDTM | 0.009440 | 0.0100 | get 0.0050% / 4h | 3h 27m | $276K | $51K | 25x |
Bybit SAHARAUSDT
KuCoin SAHARAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- −$71.21
- Price spread: −0.074% → −0.122%
- $4.77
- Slippage, 4 orders
- −$471.88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$561.32
- Costs to cover
- 4.949%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 23 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 Bybit live order book, 4 min ago | 3.18 bp | 22.8 bp −$23 | 148.7 bp −$1,487 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 23 min ago | 10.59 bp | 214.3 bp −$214 | 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 | 0.009435 | −0.131% | $4.4M | $4.9M | 25x | as long as short |
| OKX SAHARA-USDT-SWAP | +0.0100% | 4h | 0.009438 | −0.095% | $982K | $1.0M | 20x | as long as short |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009440 | −0.074% | $214K | $44K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009430 | −0.180% | $1.4M | $221K | 20x | as long as short |
| KuCoin SAHARAUSDTMshort | +0.0100% | 4h | 0.009440 | −0.074% | $276K | $51K | 25x | |
| GRVT SAHARA_USDT_Perp | +0.0100% | 4h | 0.009422 | −0.260% | $145K | $2.4M | 10x | as long as short |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009420 | −0.286% | $21K | $258K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009430 | −0.179% | $5K | $216K | 5x | as long as short |
| Aster SAHARAUSDT | +0.0310% | 4h | 0.009441 | −0.064% | $62K | $19K | 5x | as long as short |
| Bitget SAHARAUSDT | +0.0374% | 4h | 0.009444 | −0.032% | $1.2M | $398K | 25x | as long as short |
Binance SAHARAUSDT
OKX SAHARA-USDT-SWAP
Gate SAHARA_USDT
MEXC SAHARA_USDT
GRVT SAHARA_USDT_Perp
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
Aster SAHARAUSDT
Bitget SAHARAUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SAHARA-USDT | +0.0422% | 4h | 0.009445 | −0.021% | — | $2.3M | — | as long as short |
| Bybit SAHARAUSDTlong | +0.0439% | 4h | 0.009447 | long leg | $1.9M | $1.2M | 20x | |
| Variational Omni SAHARA | +0.0484% | 4h | 0.009439 | −0.084% | $22K | $12K | — | as long as short |
BingX SAHARA-USDT
Variational Omni SAHARA