Settings8H · net · $10k
Funding arb · Price arb /

SAHARA

all SAHARA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against KuCoin+0.319%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$770as in the Funding arb table
Net, price: spread back to 7d avg − costs−$749as in the Price arb table
costs, in and out, $10k−$7717.707% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)−0.281%−$28 · spread now +0.319%, 7d avg +0.098%
Together, before fees−0.274%+ Points / potential airdropGRVT: Active · farm board−$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.221% dearer against KuCoin than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.098%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SAHARAUSDTM0.0093800.0100pay 0.0050% / 4h3h 49m$274K$52K25x
ShortGRVT SAHARA_USDT_Perp0.0094100.0100get 0.0050% / 4h3h 49m$139K$2.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$0
Price spread: +0.319% → +0.098%
$22.07
Slippage, 4 orders
−$749.71
Fee KuCoin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$748.64
Costs to cover
7.707%
Break-even
never at this rate
Slippage from KuCoin: live order book, 22 min ago; GRVT: live order book, 5 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, 22 min ago5.34 bp259.5 bp −$259doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 5 min ago5.31 bp204.7 bp −$205448.4 bp −$4,484doesn'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%4h0.009371−0.096%$4.5M$4.9M25xas long as short
Gate SAHARA_USDT+0.0100%8h0.0093800.000%$192K$57K25xas long as short
MEXC SAHARA_USDT+0.0100%4h0.0093800.000%$1.5M$236K20xas long as short
KuCoin SAHARAUSDTMlong+0.0100%4h0.009380long leg$274K$52K25x
GRVT SAHARA_USDT_Perpshort+0.0100%4h0.009410+0.319%$139K$2.8M10x
ApeX Omni SAHARAUSDT+0.0100%1h0.009400+0.213%$16K$259K50xas long as short
Extended SAHARA-USD+0.0104%1h0.009378−0.020%$220$219K5xas long as short
OKX SAHARA-USDT-SWAP+0.0472%4h0.009378−0.021%$976K$1.1M20xas long as short
Aster SAHARAUSDT+0.0670%4h0.009386+0.059%$62K$18K5xas long as short
Bitget SAHARAUSDT+0.0904%4h0.009396+0.171%$1.2M$393K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SAHARA+0.0970%4h0.009400+0.212%$22K$12Kas long as short
Bybit SAHARAUSDT+0.1322%4h0.009374−0.064%$1.9M$1.3M20xas long as short
BingX SAHARA-USDT+0.1972%4h0.009393+0.139%$2.3Mas long as short