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

SAHARA

all SAHARA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0565%/8h= +61.9% APRnext payment +$2.83 per $10,000 · paid last 24h +0.053%
Price spread now: BingX against OKX+0.117%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$990.993% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.052%+$5 on $10k
Price spread, last 7 days−0.135%−$13 · spread now +0.117%, 7d avg −0.017%
Together, before fees−0.082%−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and BingX is 0.134% dearer against OKX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.017%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.052% in total (about 2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.83 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
LongOKX SAHARA-USDT-SWAP0.0093950.0195pay 0.0097% / 4h39m 40s$999K$1.1M20x
ShortBingX SAHARA-USDT0.0094060.0760get 0.0380% / 4h39m 40s$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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
$118.73
Price spread: +0.117% → −0.017%
$13.43
Slippage, 4 orders
−$79.32
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
$32.84
Costs to cover
0.993%
Break-even
5.1 days
Slippage from OKX: live order book, 2 min ago; BingX: live order book, 8 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 OKX live order book, 2 min ago4.77 bp29.4 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 8 min ago3.71 bp18.9 bp −$1948.8 bp −$4881031.6 bp −$103.2K1460.7 bp −$730.3K

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%4h0.009399+0.043%$4.5M$4.8M25xas long as short
Gate SAHARA_USDT+0.0100%8h0.009400+0.053%$187K$60K25xas long as short
MEXC SAHARA_USDT+0.0100%4h0.009402+0.075%$1.5M$235K20xas long as short
KuCoin SAHARAUSDTM+0.0100%4h0.009400+0.053%$277K$52K25xas long as short
GRVT SAHARA_USDT_Perp+0.0100%4h0.009430+0.377%$142K$3.3M10xas long as short
ApeX Omni SAHARAUSDT+0.0100%1h0.009410+0.160%$20K$255K50xas long as short
Extended SAHARA-USD+0.0104%1h0.009397+0.016%$2K$190K5xas long as short
OKX SAHARA-USDT-SWAPlong+0.0195%4h0.009395long leg$999K$1.1M20x
Bybit SAHARAUSDT+0.0401%4h0.0093950.000%$1.9M$1.4M20xas long as short
Variational Omni SAHARA+0.0541%4h0.009427+0.337%$22K$12Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SAHARAUSDT+0.0676%4h0.009398+0.030%$62K$19K5xas long as short
BingX SAHARA-USDTshort+0.0760%4h0.009406+0.117%$2.3M
Bitget SAHARAUSDT+0.0784%4h0.009412+0.181%$1.2M$377K25xas long as short