Funding you earn now, next payment 00:00 UTC+0.0398%/8h= +43.6% APRnext payment +$1.99 per $10,000 · paid last 24h +0.021%
Price spread now: Bitget against OKX0.000%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1241.237% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 7 days+0.254%+$25 · spread now 0.000%, 7d avg +0.027%
=Funding pays, the price is against you. Bitget is 0.027% cheaper against OKX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.027%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.023% in total) that is about 8.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.023% in total (about 1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.99 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 | OKX SAHARA-USDT-SWAP | 0.009437 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $977K | $1.1M | 20x |
| Short | Bitget SAHARAUSDT | 0.009437 | 0.0498 | get 0.0249% / 4h | 2h 27m | $1.2M | $380K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $83.58
- Price spread: 0.000% → +0.027%
- −$2.7
- Slippage, 4 orders
- −$101.72
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$42.85
- Costs to cover
- 1.237%
- Break-even
- 10.6 days
Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 3 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 OKX live order book, 4 min ago | 1.06 bp | 37.6 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 7.43 bp | 22.5 bp −$22 | 271.4 bp −$2,714 | 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 | 0.009427 | −0.111% | $4.4M | $4.8M | 25x | as long as short |
| Bybit SAHARAUSDT | +0.0100% | 4h | 0.009437 | 0.000% | $1.8M | $1.2M | 20x | as long as short |
| OKX SAHARA-USDT-SWAPlong | +0.0100% | 4h | 0.009437 | long leg | $977K | $1.1M | 20x | |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009430 | −0.074% | $211K | $48K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009422 | −0.159% | $1.4M | $194K | 20x | as long as short |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009420 | −0.180% | $272K | $51K | 25x | as long as short |
| Variational Omni SAHARA | +0.0100% | 4h | 0.009416 | −0.227% | $22K | $14K | — | as long as short |
| GRVT SAHARA_USDT_Perp | +0.0100% | 4h | 0.009410 | −0.286% | $144K | $2.4M | 10x | as long as short |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009400 | −0.392% | $27K | $244K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009422 | −0.158% | $2K | $216K | 5x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SAHARAUSDT | +0.0119% | 4h | 0.009422 | −0.159% | $62K | $19K | 5x | as long as short |
| BingX SAHARA-USDT | +0.0468% | 4h | 0.009430 | −0.074% | — | $2.3M | — | as long as short |
| Bitget SAHARAUSDTshort | +0.0498% | 4h | 0.009437 | 0.000% | $1.2M | $380K | 25x |
OKX SAHARA-USDT-SWAP
Bitget SAHARAUSDT
Binance SAHARAUSDT
Bybit SAHARAUSDT
Gate SAHARA_USDT
MEXC SAHARA_USDT
KuCoin SAHARAUSDTM
Variational Omni SAHARA
GRVT SAHARA_USDT_Perp
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
Aster SAHARAUSDT
BingX SAHARA-USDT