SAHARA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0504%/8h= +55.2% APRnext payment +$2.52 per $10,000 · paid last 24h +0.017%

Price spread now: Bybit against OKX−0.086%7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$108as in the Funding arb table

Net, price: spread back to 7d avg − costs−$120as in the Price arb table

costs, in and out, $10k−$1101.104% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 7 days+0.097%+$10 · spread now −0.086%, 7d avg +0.011%

Together, before fees+0.116%+$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.097% cheaper against OKX than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of +0.011%). If the spread goes back, that is −$10 on $10k: about 15 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.019% in total) that is about 35 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.019% in total (about 1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.52 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	0.009346	0.0304	pay 0.0152% / 4h	1h 36m	$980K	$1.0M	20x
Short	Bybit SAHARAUSDT	0.009338	0.0808	get 0.0404% / 4h	1h 36m	$1.9M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee OKXbpFee BybitbpOrdersPrice spread, now −0.086%Rate

Funding earned: $105.8
Price spread: −0.086% → +0.011%: −$9.7
Slippage, 4 orders: −$89.39
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$14.29
Costs to cover: 1.104%
Break-even: 7.9 days

Slippage from OKX: live order book, 5 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 OKX live order book, 5 min ago	2.68 bp	32.1 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	3.75 bp	22.2 bp −$22	136.7 bp −$1,367	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	0.009336	−0.107%	$4.4M	$4.9M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009320	−0.278%	$192K	$56K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009335	−0.118%	$1.4M	$230K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009310	−0.385%	$272K	$53K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009330	−0.172%	$142K	$2.5M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009310	−0.385%	$19K	$259K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009334	−0.125%	$3K	$218K	5x	as long as short
OKX SAHARA-USDT-SWAPlong	+0.0304%	4h	0.009346	long leg	$980K	$1.0M	20x
Bitget SAHARAUSDT	+0.0508%	4h	0.009327	−0.203%	$1.2M	$405K	25x	as long as short
Aster SAHARAUSDT	+0.0517%	4h	0.009328	−0.192%	$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	+0.0756%	4h	0.009335	−0.116%	$22K	$12K	—	as long as short
BingX SAHARA-USDT	+0.0768%	4h	0.009334	−0.128%	—	$2.3M	—	as long as short
Bybit SAHARAUSDTshort	+0.0808%	4h	0.009338	−0.086%	$1.9M	$1.3M	20x