Settings8H · net · $10k
Funding arb · Price arb /

SAHARA

all SAHARA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0790%/8h= −86.5% APRpaid last 24h −0.073%
Price spread now: Extended against Bitget+0.091%7-day average −0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1211.205% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.066%−$7 on $10k
Price spread, last 4 days (all we have)−0.214%−$21 · spread now +0.091%, 7d avg −0.118%
Together, before fees−0.280%+ Points / potential airdropExtended: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.209% dearer against Bitget than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of −0.118%): +$21 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.066% in total) that is about 22 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.066% in total (about -3.4% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SAHARAUSDT0.0093800.0894pay 0.0447% / 4h1h 49m$1.2M$384K25x
ShortExtended SAHARA-USD0.0093890.0104get 0.0013% / 1h49m 52s$2K$312K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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

Funding earned
−$165.9
Price spread: +0.091% → −0.118%
$20.91
Slippage, 4 orders
−$103.52
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$265.51
Costs to cover
1.205%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Extended: live order book, 58 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago3.73 bp22.6 bp −$23241.8 bp −$2,418doesn't fitdoesn't fit
Sell Extended live order book, 58 min ago2.14 bp31.9 bp −$32237.5 bp −$2,375doesn't fitdoesn't fit

SAHARA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SAHARAUSDT+0.0100%4h0.009396+0.168%$4.5M$4.9M25xas long as short
Gate SAHARA_USDT+0.0100%8h0.009370−0.107%$188K$59K25xas long as short
MEXC SAHARA_USDT+0.0100%4h0.009390+0.107%$1.5M$242K20xas long as short
KuCoin SAHARAUSDTM+0.0100%4h0.009370−0.107%$273K$52K25xas long as short
GRVT SAHARA_USDT_Perp+0.0100%4h0.009362−0.191%$137K$3.1M10xas long as short
ApeX Omni SAHARAUSDT+0.0100%1h0.009350−0.320%$20K$259K50xas long as short
Extended SAHARA-USDshort+0.0104%1h0.009389+0.091%$2K$312K5x
OKX SAHARA-USDT-SWAP+0.0239%4h0.009405+0.267%$994K$1.1M20xas long as short
Bybit SAHARAUSDT+0.0536%4h0.009391+0.117%$1.9M$1.4M20xas long as short
Aster SAHARAUSDT+0.0639%4h0.009375−0.055%$61K$18K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SAHARA+0.0684%4h0.009372−0.080%$22K$12Kas long as short
BingX SAHARA-USDT+0.0868%4h0.009384+0.043%$2.3Mas long as short
Bitget SAHARAUSDTlong+0.0894%4h0.009380long leg$1.2M$384K25x