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+0.0584%/8h= +63.9% APRnext payment +$2.92 per $10,000 · paid last 24h +0.036%
Price spread now: Bitget against KuCoin+0.258%7-day average +0.144% · you sell dearer than you buy
Net, funding: paid 7d − costs−$551as in the Funding arb table
Net, price: spread back to 7d avg − costs−$544as in the Price arb table
costs, in and out, $10k−$5555.554% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.258%, 7d avg +0.144%
Together, before fees+0.062%+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Bitget is 0.114% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.144%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.043% in total (about 2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.92 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 SAHARAUSDTM0.0092900.0100pay 0.0050% / 4h42m 30s$271K$53K25x
ShortBitget SAHARAUSDT0.0093140.0684get 0.0342% / 4h42m 30s$1.2M$395K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$122.64
Price spread: +0.258% → +0.144%
$11.44
Slippage, 4 orders
−$531.45
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$421.37
Costs to cover
5.554%
Break-even
31.1 days
Slippage from KuCoin: live order book, 39 min ago; Bitget: 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, 39 min ago15.93 bp232.3 bp −$232doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago6.45 bp26.0 bp −$26224.8 bp −$2,248doesn'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%4h0.009299+0.098%$4.4M$4.9M25xas long as short
Gate SAHARA_USDT+0.0100%8h0.0092900.000%$191K$56K25xas long as short
MEXC SAHARA_USDT+0.0100%4h0.009297+0.075%$1.4M$234K20xas long as short
KuCoin SAHARAUSDTMlong+0.0100%4h0.009290long leg$271K$53K25x
GRVT SAHARA_USDT_Perp+0.0100%4h0.009281−0.094%$146K$2.6M10xas long as short
ApeX Omni SAHARAUSDT+0.0100%1h0.009270−0.215%$16K$257K50xas long as short
Extended SAHARA-USD+0.0104%1h0.009296+0.060%$1K$218K5xas long as short
OKX SAHARA-USDT-SWAP+0.0368%4h0.009313+0.248%$965K$1.1M20xas long as short
Aster SAHARAUSDT+0.0552%4h0.009304+0.152%$61K$19K5xas long as short
Bitget SAHARAUSDTshort+0.0684%4h0.009314+0.258%$1.2M$395K25x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SAHARA-USDT+0.0730%4h0.009304+0.151%$2.3Mas long as short
Variational Omni SAHARA+0.0739%4h0.009294+0.046%$21K$12Kas long as short
Bybit SAHARAUSDT+0.0783%4h0.009305+0.161%$1.9M$1.3M20xas long as short