SAHARA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0492%/8h= +53.8% APRnext payment +$2.46 per $10,000 · paid last 24h +0.059%

Price spread now: Bybit against KuCoin+0.181%7-day average +0.122% · you sell dearer than you buy

Net, funding: paid 7d − costs−$937as in the Funding arb table

Net, price: spread back to 7d avg − costs−$938as in the Price arb table

costs, in and out, $10k−$9439.434% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.065%+$7 on $10k

Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.181%, 7d avg +0.122%

Together, before fees+0.095%+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Bybit is 0.059% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.122%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.065% in total (about 3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.46 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	KuCoin SAHARAUSDTM	0.009370	0.0100	pay 0.0050% / 4h	1h 56m	$273K	$52K	25x
Short	Bybit SAHARAUSDT	0.009387	0.0592	get 0.0296% / 4h	1h 56m	$1.9M	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee KuCoinbpFee BybitbpOrdersPrice spread, now +0.181%Rate

Funding earned: $103.25
Price spread: +0.181% → +0.122%: $5.93
Slippage, 4 orders: −$920.44
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$834.26
Costs to cover: 9.434%
Break-even: 63.6 days

Slippage from KuCoin: live order book, 60 min ago; Bybit: 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 KuCoin live order book, 60 min ago	5.35 bp	633.5 bp −$633	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	4.78 bp	22.7 bp −$23	144.8 bp −$1,448	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	0.009376	+0.064%	$4.5M	$4.9M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009380	+0.107%	$188K	$58K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009377	+0.075%	$1.5M	$241K	20x	as long as short
KuCoin SAHARAUSDTMlong	+0.0100%	4h	0.009370	long leg	$273K	$52K	25x
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009405	+0.376%	$140K	$3.1M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009390	+0.213%	$20K	$259K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009372	+0.025%	$2K	$316K	5x	as long as short
OKX SAHARA-USDT-SWAP	+0.0261%	4h	0.009379	+0.096%	$991K	$1.1M	20x	as long as short
Bybit SAHARAUSDTshort	+0.0592%	4h	0.009387	+0.181%	$1.9M	$1.4M	20x
Aster SAHARAUSDT	+0.0653%	4h	0.009375	+0.054%	$61K	$19K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SAHARA	+0.0737%	4h	0.009405	+0.371%	$22K	$12K	—	as long as short
BingX SAHARA-USDT	+0.0880%	4h	0.009383	+0.139%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0932%	4h	0.009395	+0.267%	$1.2M	$384K	25x	as long as short