Funding you earn now, next payment 04:00 UTC−0.0322%/8h= −35.3% APRnext payment −$1.61 per $10,000 · paid last 24h −0.034%
Price spread now: Binance against BingX−0.135%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$710.712% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 7 days+0.156%+$16 · spread now −0.135%, 7d avg −0.032%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Binance is 0.103% cheaper against BingX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.032%). Swap the legs.
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; at this rate the next one is about −$1.61 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 | BingX SAHARA-USDT | 0.009453 | 0.0422 | pay 0.0211% / 4h | 3h 26m | — | $2.3M | — |
| Short | Binance SAHARAUSDT | 0.009440 | 0.0100 | get 0.0050% / 4h | 3h 26m | $4.4M | $4.9M | 25x |
BingX SAHARA-USDT
Binance SAHARAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$67.62
- Price spread: −0.135% → −0.032%
- −$10.32
- Slippage, 4 orders
- −$51.22
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$149.15
- Costs to cover
- 0.712%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Binance: live order book, 11 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, 7 min ago | 3.72 bp | 20.1 bp −$20 | 63.1 bp −$631 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.53 bp | 15.5 bp −$16 | 69.8 bp −$698 | 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 SAHARAUSDTshort | +0.0100% | 4h | 0.009440 | −0.135% | $4.4M | $4.9M | 25x | |
| OKX SAHARA-USDT-SWAP | +0.0100% | 4h | 0.009455 | +0.021% | $984K | $1.0M | 20x | as long as short |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009450 | −0.032% | $214K | $44K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009438 | −0.159% | $1.4M | $221K | 20x | as long as short |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009440 | −0.138% | $276K | $51K | 25x | as long as short |
| GRVT SAHARA_USDT_Perp | +0.0100% | 4h | 0.009422 | −0.324% | $145K | $2.4M | 10x | as long as short |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009420 | −0.349% | $21K | $258K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009438 | −0.156% | $5K | $216K | 5x | as long as short |
| Aster SAHARAUSDT | +0.0310% | 4h | 0.009441 | −0.127% | $62K | $19K | 5x | as long as short |
| Bitget SAHARAUSDT | +0.0374% | 4h | 0.009444 | −0.095% | $1.2M | $398K | 25x | as long as short |
OKX SAHARA-USDT-SWAP
Gate SAHARA_USDT
MEXC SAHARA_USDT
KuCoin SAHARAUSDTM
GRVT SAHARA_USDT_Perp
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
Aster SAHARAUSDT
Bitget SAHARAUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SAHARA-USDTlong | +0.0422% | 4h | 0.009453 | long leg | — | $2.3M | — | |
| Bybit SAHARAUSDT | +0.0465% | 4h | 0.009448 | −0.053% | $1.9M | $1.2M | 20x | as long as short |
| Variational Omni SAHARA | +0.0484% | 4h | 0.009439 | −0.148% | $22K | $12K | — | as long as short |
Bybit SAHARAUSDT
Variational Omni SAHARA