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+0.0634%/8h= +69.4% APRnext payment +$3.17 per $10,000 · paid last 24h +0.034%
Price spread now: BingX against KuCoin+0.172%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$486as in the Funding arb table
Net, price: spread back to 7d avg − costs−$482as in the Price arb table
costs, in and out, $10k−$4904.897% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.172%, 7d avg +0.096%
Together, before fees−0.012%−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and BingX is 0.076% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.096%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.040% in total (about 2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.17 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
LongKuCoin SAHARAUSDTM0.0093200.0100pay 0.0050% / 4h2h 43m$270K$52K25x
ShortBingX SAHARA-USDT0.0093360.0734get 0.0367% / 4h2h 43m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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
$133.14
Price spread: +0.172% → +0.096%
$7.6
Slippage, 4 orders
−$467.71
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$348.97
Costs to cover
4.897%
Break-even
25.3 days
Slippage from KuCoin: live order book, 67 min ago; BingX: live order book, 4 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 KuCoin live order book, 67 min ago10.59 bp235.6 bp −$236doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 4 min ago4.28 bp20.7 bp −$2165.2 bp −$652982.3 bp −$98.2K1334.6 bp −$667.3K

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%4h0.009343+0.249%$4.4M$5.0M25xas long as short
Gate SAHARA_USDT+0.0100%8h0.0093200.000%$194K$55K25xas long as short
MEXC SAHARA_USDT+0.0100%4h0.009342+0.236%$1.5M$229K20xas long as short
KuCoin SAHARAUSDTMlong+0.0100%4h0.009320long leg$270K$52K25x
GRVT SAHARA_USDT_Perp+0.0100%4h0.009341+0.227%$143K$2.4M10xas long as short
ApeX Omni SAHARAUSDT+0.0100%1h0.009300−0.215%$21K$260K50xas long as short
Extended SAHARA-USD+0.0104%1h0.009340+0.211%$2K$215K5xas long as short
OKX SAHARA-USDT-SWAP+0.0130%4h0.009355+0.376%$972K$1.0M20xas long as short
Aster SAHARAUSDT+0.0359%4h0.009331+0.118%$61K$19K5xas long as short
Bitget SAHARAUSDT+0.0374%4h0.009351+0.333%$1.2M$417K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SAHARA+0.0638%4h0.009321+0.006%$21K$12Kas long as short
Bybit SAHARAUSDT+0.0692%4h0.009348+0.300%$1.9M$1.3M20xas long as short
BingX SAHARA-USDTshort+0.0734%4h0.009336+0.172%$2.3M