Funding you earn now, next payment 02:00 UTC−0.0558%/8h= −61.1% APRpaid last 24h −0.034%
Price spread now: ApeX Omni against BingX−0.011%53s7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as 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−$1131.128% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)+0.211%+$21 · spread now −0.011%, 7d avg −0.043%
=The price spread pays, funding is against you. ApeX Omni is 0.032% dearer against BingX than usual: you sell high and buy low (spread −0.011% now, against its 7-day average of −0.043%): +$3 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.034% in total) that is about 6.7 days. The two prices were read 53 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 -0.034% in total (about -1.8% 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 | BingX SAHARA-USDT | 0.009311 | 0.0658 | pay 0.0329% / 4h | 2h 38m | — | $2.3M | — |
| Short | ApeX Omni SAHARAUSDT | 0.009310 | 0.0100 | get 0.0013% / 1h | 38m 35s | $21K | $260K | 50x |
BingX SAHARA-USDT
ApeX Omni SAHARAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BingX. 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
- −$117.18
- Price spread: −0.011% → −0.043%
- $3.25
- Slippage, 4 orders
- −$92.83
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$226.77
- Costs to cover
- 1.128%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; ApeX Omni: live order book, 28 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 BingX live order book, 10 min ago | 4.28 bp | 19.2 bp −$19 | 69.4 bp −$694 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 28 min ago | 15.91 bp | 36.7 bp −$37 | doesn't fit | 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 | 0.009306 | −0.054% | $4.4M | $5.0M | 25x | as long as short |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009300 | −0.118% | $193K | $55K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009302 | −0.097% | $1.4M | $229K | 20x | as long as short |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009300 | −0.118% | $270K | $52K | 25x | as long as short |
| GRVT SAHARA_USDT_Perp | +0.0100% | 4h | 0.009300 | −0.118% | $137K | $2.5M | 10x | as long as short |
| ApeX Omni SAHARAUSDTshort | +0.0100% | 1h | 0.009310 | −0.011% | $21K | $260K | 50x | |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009301 | −0.109% | $106 | $217K | 5x | as long as short |
| OKX SAHARA-USDT-SWAP | +0.0151% | 4h | 0.009314 | +0.032% | $972K | $1.0M | 20x | as long as short |
| Aster SAHARAUSDT | +0.0379% | 4h | 0.009305 | −0.067% | $61K | $19K | 5x | as long as short |
| Bitget SAHARAUSDT | +0.0384% | 4h | 0.009320 | +0.097% | $1.2M | $418K | 25x | 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
Aster SAHARAUSDT
Bitget SAHARAUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAHARA | +0.0629% | 4h | 0.009306 | −0.058% | $21K | $12K | — | as long as short |
| BingX SAHARA-USDTlong | +0.0658% | 4h | 0.009311 | long leg | — | $2.3M | — | |
| Bybit SAHARAUSDT | +0.0694% | 4h | 0.009318 | +0.075% | $1.9M | $1.3M | 20x | as long as short |
Variational Omni SAHARA
Bybit SAHARAUSDT