Funding you earn now, next payment 08:00 UTC+0.0600%/8h= +65.7% APRnext payment +$3.00 per $10,000 · paid last 24h +0.074%
Price spread now: Bitget against GRVT+0.001%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs−$265as in the Price arb table
costs, in and out, $10k−$2582.580% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 7 days+0.025%+$2 · spread now +0.001%, 7d avg +0.066%
=Together, before fees+0.099%+ Points / potential airdropGRVT: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.065% cheaper against GRVT than usual: you would sell low and buy high (spread +0.001% now, against its 7-day average of +0.066%). If the spread goes back, that is −$6 on $10k: about 9 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.074% in total) that is about 6.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.074% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.00 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 | GRVT SAHARA_USDT_Perp | 0.009390 | 0.0100 | pay 0.0050% / 4h | 0m 41s | $138K | $3.3M | 10x |
| Short | Bitget SAHARAUSDT | 0.009390 | 0.0700 | get 0.0350% / 4h | 0m 41s | $1.2M | $372K | 25x |
GRVT SAHARA_USDT_Perp
Bitget SAHARAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against GRVT. 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
- $126
- Price spread: +0.001% → +0.066%
- −$6.49
- Slippage, 4 orders
- −$237.05
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$138.54
- Costs to cover
- 2.580%
- Break-even
- 14.7 days
Slippage from GRVT: live order book, 3 min ago; Bitget: live order book, 1 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 GRVT live order book, 3 min ago | 5.33 bp | 122.5 bp −$123 | 371.5 bp −$3,715 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.26 bp | 27.1 bp −$27 | 219.1 bp −$2,191 | 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 | 0.009379 | −0.116% | $4.5M | $4.8M | 25x | as long as short |
| OKX SAHARA-USDT-SWAP | +0.0100% | 4h | 0.009390 | +0.001% | $997K | $1.1M | 20x | as long as short |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009380 | −0.105% | $187K | $62K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009381 | −0.095% | $1.5M | $239K | 20x | as long as short |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009370 | −0.212% | $276K | $50K | 25x | as long as short |
| GRVT SAHARA_USDT_Perplong | +0.0100% | 4h | 0.009390 | long leg | $138K | $3.3M | 10x | |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009370 | −0.212% | $20K | $253K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009378 | −0.124% | $3K | $196K | 5x | as long as short |
| Bybit SAHARAUSDT | +0.0286% | 4h | 0.009383 | −0.074% | $1.9M | $1.4M | 20x | as long as short |
| Variational Omni SAHARA | +0.0356% | 4h | 0.009386 | −0.044% | $22K | $12K | — | as long as short |
Binance SAHARAUSDT
OKX SAHARA-USDT-SWAP
Gate SAHARA_USDT
MEXC SAHARA_USDT
KuCoin SAHARAUSDTM
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
Bybit SAHARAUSDT
Variational Omni SAHARAShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SAHARAUSDT | +0.0630% | 4h | 0.009389 | −0.010% | $62K | $19K | 5x | as long as short |
| BingX SAHARA-USDT | +0.0674% | 4h | 0.009388 | −0.020% | — | $2.3M | — | as long as short |
| Bitget SAHARAUSDTshort | +0.0700% | 4h | 0.009390 | +0.001% | $1.2M | $372K | 25x |
Aster SAHARAUSDT
BingX SAHARA-USDT