SAHARA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0418%/8h= −45.8% APRnext payment −$2.09 per $10,000 · paid last 24h −0.017%

Price spread now: OKX against Bybit+0.117%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$108as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$1061.061% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 7 days−0.128%−$13 · spread now +0.117%, 7d avg −0.011%

Together, before fees−0.148%−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.128% dearer against Bybit than usual: you sell high and buy low (spread +0.117% now, against its 7-day average of −0.011%): +$13 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 7 days (−0.019% in total) that is about 46 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.019% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.09 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	0.009411	0.0794	pay 0.0397% / 4h	1h 11m	$1.9M	$1.3M	20x
Short	OKX SAHARA-USDT-SWAP	0.009422	0.0376	get 0.0188% / 4h	1h 11m	$989K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee OKXbpOrdersPrice spread, now +0.117%Rate

Funding earned: −$87.84
Price spread: +0.117% → −0.011%: $12.83
Slippage, 4 orders: −$85.08
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$181.09
Costs to cover: 1.061%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago	3.71 bp	21.1 bp −$21	141.0 bp −$1,410	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	3.18 bp	33.0 bp −$33	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	0.009408	−0.032%	$4.5M	$4.9M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009400	−0.117%	$193K	$57K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009392	−0.202%	$1.5M	$237K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009390	−0.223%	$275K	$53K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009420	+0.096%	$147K	$2.5M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009400	−0.117%	$19K	$255K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009399	−0.126%	$1K	$220K	5x	as long as short
OKX SAHARA-USDT-SWAPshort	+0.0376%	4h	0.009422	+0.117%	$989K	$1.1M	20x
Aster SAHARAUSDT	+0.0580%	4h	0.009394	−0.176%	$62K	$19K	5x	as long as short
Bitget SAHARAUSDT	+0.0644%	4h	0.009416	+0.053%	$1.2M	$399K	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SAHARA-USDT	+0.0736%	4h	0.009407	−0.043%	—	$2.3M	—	as long as short
Variational Omni SAHARA	+0.0778%	4h	0.009436	+0.262%	$22K	$12K	—	as long as short
Bybit SAHARAUSDTlong	+0.0794%	4h	0.009411	long leg	$1.9M	$1.3M	20x