Funding you earn now, next payment 07:00 UTC+0.0760%/8h= +83.2% APRpaid last 24h +0.072%
Price spread now: BingX against ApeX Omni−0.096%83s7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1101.102% of the position
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)+0.147%+$15 · spread now −0.096%, 7d avg +0.059%
=Funding pays, the price is against you. BingX is 0.155% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of +0.059%). If the spread goes back, that is −$16 on $10k: about 16 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.072% in total) that is about 15 days. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.072% in total (about 3.7% a year). A funding rate is set anew for every payment. 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 | ApeX Omni SAHARAUSDT | 0.009370 | 0.0100 | pay 0.0013% / 1h | 44m 04s | $20K | $259K | 50x |
| Short | BingX SAHARA-USDT | 0.009361 | 0.0860 | get 0.0430% / 4h | 1h 44m | — | $2.3M | — |
ApeX Omni SAHARAUSDT
BingX SAHARA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against ApeX Omni. 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
- $159.6
- Price spread: −0.096% → +0.059%
- −$15.51
- Slippage, 4 orders
- −$90.22
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $33.87
- Costs to cover
- 1.102%
- Break-even
- 5.5 days
Slippage from ApeX Omni: live order book, 63 min ago; BingX: live order book, 4 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 ApeX Omni live order book, 63 min ago | 16.03 bp | 39.3 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 2.66 bp | 21.9 bp −$22 | 66.3 bp −$663 | 1089.0 bp −$108.9K | 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 | 0.009354 | −0.169% | $4.5M | $4.9M | 25x | as long as short |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009360 | −0.107% | $187K | $59K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009354 | −0.171% | $1.5M | $242K | 20x | as long as short |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009350 | −0.213% | $272K | $52K | 25x | as long as short |
| GRVT SAHARA_USDT_Perp | +0.0100% | 4h | 0.009380 | +0.107% | $146K | $3.1M | 10x | as long as short |
| ApeX Omni SAHARAUSDTlong | +0.0100% | 1h | 0.009370 | long leg | $20K | $259K | 50x | |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009369 | −0.008% | $3K | $317K | 5x | as long as short |
| OKX SAHARA-USDT-SWAP | +0.0240% | 4h | 0.009364 | −0.064% | $992K | $1.1M | 20x | as long as short |
| Bybit SAHARAUSDT | +0.0544% | 4h | 0.009360 | −0.107% | $1.9M | $1.4M | 20x | as long as short |
| Aster SAHARAUSDT | +0.0659% | 4h | 0.009368 | −0.025% | $61K | $19K | 5x | as long as short |
Binance SAHARAUSDT
Gate SAHARA_USDT
MEXC SAHARA_USDT
KuCoin SAHARAUSDTM
GRVT SAHARA_USDT_Perp
Extended SAHARA-USD
OKX SAHARA-USDT-SWAP
Bybit SAHARAUSDT
Aster SAHARAUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAHARA | +0.0698% | 4h | 0.009372 | +0.025% | $22K | $12K | — | as long as short |
| BingX SAHARA-USDTshort | +0.0860% | 4h | 0.009361 | −0.096% | — | $2.3M | — | |
| Bitget SAHARAUSDT | +0.0914% | 4h | 0.009378 | +0.085% | $1.2M | $385K | 25x | as long as short |
Variational Omni SAHARA
Bitget SAHARAUSDT