SAHARA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0678%/8h= −74.3% APRnext payment −$3.39 per $10,000 · paid last 24h −0.018%

Price spread now: KuCoin against Bybit−0.245%7-day average −0.121% · you buy dearer than you sell

Net, funding: paid 7d − costs−$780as in the Funding arb table

Net, price: spread back to 7d avg − costs−$790as in the Price arb table

costs, in and out, $10k−$7787.775% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$2 on $10k

Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.245%, 7d avg −0.121%

Together, before fees+0.039%+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and KuCoin is 0.124% cheaper against Bybit than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.121%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.025% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.39 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	0.009383	0.0778	pay 0.0389% / 4h	2h 34m	$2.0M	$1.3M	20x
Short	KuCoin SAHARAUSDTM	0.009360	0.0100	get 0.0050% / 4h	2h 34m	$272K	$52K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now −0.245%Rate

Funding earned: −$142.44
Price spread: −0.245% → −0.121%: −$12.39
Slippage, 4 orders: −$754.51
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$932.35
Costs to cover: 7.775%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 2 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, 3 min ago	4.26 bp	22.7 bp −$23	139.0 bp −$1,390	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	10.68 bp	437.0 bp −$437	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	0.009375	−0.085%	$4.4M	$5.0M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009370	−0.139%	$195K	$55K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009365	−0.192%	$1.5M	$230K	20x	as long as short
KuCoin SAHARAUSDTMshort	+0.0100%	4h	0.009360	−0.245%	$272K	$52K	25x
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009321	−0.658%	$138K	$2.5M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009310	−0.778%	$17K	$262K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009360	−0.245%	$107	$217K	5x	as long as short
OKX SAHARA-USDT-SWAP	+0.0163%	4h	0.009375	−0.085%	$979K	$1.1M	20x	as long as short
Bitget SAHARAUSDT	+0.0398%	4h	0.009385	+0.021%	$1.2M	$419K	25x	as long as short
Aster SAHARAUSDT	+0.0404%	4h	0.009359	−0.251%	$61K	$19K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SAHARA	+0.0658%	4h	0.009382	−0.015%	$22K	$12K	—	as long as short
BingX SAHARA-USDT	+0.0660%	4h	0.009376	−0.075%	—	$2.3M	—	as long as short
Bybit SAHARAUSDTlong	+0.0778%	4h	0.009383	long leg	$2.0M	$1.3M	20x