Funding you earn now, next payment 08:00 UTC+0.0352%/8h= +38.5% APRnext payment +$1.76 per $10,000 · paid last 24h +0.016%
Price spread now: Bitget against Bybit−0.128%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$860.859% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 7 days+0.205%+$21 · spread now −0.128%, 7d avg +0.008%
=Funding pays, the price is against you. Bitget is 0.136% cheaper against Bybit than usual: you would sell low and buy high (spread −0.128% now, against its 7-day average of +0.008%). If the spread goes back, that is −$14 on $10k: about 31 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.016% in total) that is about 2 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.016% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.76 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 | Bybit SAHARAUSDT | 0.009392 | 0.0570 | pay 0.0285% / 4h | 1h 47m | $1.9M | $1.4M | 20x |
| Short | Bitget SAHARAUSDT | 0.009380 | 0.0922 | get 0.0461% / 4h | 1h 47m | $1.2M | $384K | 25x |
Bybit SAHARAUSDT
Bitget SAHARAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- $73.85
- Price spread: −0.128% → +0.008%
- −$13.59
- Slippage, 4 orders
- −$62.9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$25.64
- Costs to cover
- 0.859%
- Break-even
- 9.4 days
Slippage from Bybit: live order book, 4 min ago; Bitget: 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 Bybit live order book, 4 min ago | 3.20 bp | 16.9 bp −$17 | 154.6 bp −$1,546 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 3.73 bp | 25.3 bp −$25 | 236.7 bp −$2,367 | 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 | 0.009387 | −0.053% | $4.5M | $4.9M | 25x | as long as short |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009380 | −0.128% | $188K | $59K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009386 | −0.064% | $1.5M | $242K | 20x | as long as short |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009380 | −0.128% | $273K | $52K | 25x | as long as short |
| GRVT SAHARA_USDT_Perp | +0.0100% | 4h | 0.009370 | −0.235% | $145K | $3.1M | 10x | as long as short |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009380 | −0.128% | $20K | $259K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009385 | −0.080% | $2K | $312K | 5x | as long as short |
| OKX SAHARA-USDT-SWAP | +0.0252% | 4h | 0.009390 | −0.021% | $992K | $1.1M | 20x | as long as short |
| Bybit SAHARAUSDTlong | +0.0570% | 4h | 0.009392 | long leg | $1.9M | $1.4M | 20x | |
| Aster SAHARAUSDT | +0.0661% | 4h | 0.009378 | −0.145% | $61K | $18K | 5x | as long as short |
Binance SAHARAUSDT
Gate SAHARA_USDT
MEXC SAHARA_USDT
KuCoin SAHARAUSDTM
GRVT SAHARA_USDT_Perp
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
OKX SAHARA-USDT-SWAP
Aster SAHARAUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAHARA | +0.0684% | 4h | 0.009372 | −0.208% | $22K | $12K | — | as long as short |
| BingX SAHARA-USDT | +0.0860% | 4h | 0.009392 | 0.000% | — | $2.3M | — | as long as short |
| Bitget SAHARAUSDTshort | +0.0922% | 4h | 0.009380 | −0.128% | $1.2M | $384K | 25x |
Variational Omni SAHARA
BingX SAHARA-USDT